Great Online
Bank Accounts
FDIC Insured
up to $250,000
Higher Rates vs National Average
Great Online
Bank Accounts
FDIC Insured
up to $250,000
Higher Rates vs National Average
Advertiser Disclosure · Featured Offers
| More Banks | APY | Rate | For APY | As of date |
|---|---|---|---|---|
| PNC Bank, NA Savings $25k | 0.01% | 0.01% | $25,000 | 4/26/2024 |
| Burke & Herbert Bank & Trust Company MMA | 0.01% | 0.01% | $100 | 4/26/2024 |
| Fifth Third Bank MMA | 0.01% | 0.01% | $1 | 4/26/2024 |
| PNC Bank, NA Savings | 0.01% | 0.01% | $1 | 4/26/2024 |
| USAA Federal Savings Bank Savings | 0.01% | 0.01% | $25 | 4/26/2024 |
| Amerant Bank MMA | 0.01% | 0.01% | $100 | 4/26/2024 |
| Bank of Hope Savings | 0.01% | 0.01% | $500 | 4/26/2024 |
| Bank of Hope MMA | 0.01% | 0.01% | $2,500 | 4/26/2024 |
| The Home Loan Savings Bank MMA | 0.01% | 0.01% | $2,500 | 4/26/2024 |
| Amerant Bank MMA $10k | 0.01% | 0.01% | $10,000 | 4/26/2024 |
| Fifth Third Bank MMA $10k | 0.01% | 0.01% | $10,000 | 4/26/2024 |
| PNC Bank, NA Savings $10k | 0.01% | 0.01% | $10,000 | 4/26/2024 |
| Burke & Herbert Bank & Trust Company MMA $10k | 0.01% | 0.01% | $10,000 | 4/26/2024 |
| PNC Bank, NA MMA $10k | 0.02% | 0.02% | $10,000 | 4/26/2024 |
| PNC Bank, NA MMA | 0.02% | 0.02% | $1 | 4/26/2024 |
| First Federal Community Bank, NA Savings | 0.02% | 0.02% | $100 | 4/26/2024 |
| Applied Bank MMA | 0.02% | 0.02% | $500 | 4/26/2024 |
| PNC Bank, NA MMA $25k | 0.02% | 0.02% | $25,000 | 4/26/2024 |
| First Federal Community Bank, NA Savings $10k | 0.02% | 0.02% | $10,000 | 4/26/2024 |
| The Home Loan Savings Bank MMA $10k | 0.02% | 0.02% | $10,000 | 4/26/2024 |
| First Federal Community Bank, NA Savings $25k | 0.02% | 0.02% | $25,000 | 4/26/2024 |
| The Home Loan Savings Bank MMA $25k | 0.03% | 0.03% | $25,000 | 4/26/2024 |
| Burke & Herbert Bank & Trust Company MMA $25k | 0.03% | 0.03% | $25,000 | 4/26/2024 |
| First Federal Community Bank, NA MMA | 0.04% | 0.04% | $100 | 4/26/2024 |
| Union Bank (Michigan) Savings | 0.05% | 0.05% | $50 | 4/26/2024 |
| Farmers & Merchants Bank Savings | 0.05% | 0.05% | $25 | 4/26/2024 |
| Washington Savings Bank Savings | 0.05% | 0.05% | $50 | 4/26/2024 |
| Amerant Bank Savings | 0.05% | 0.05% | $50 | 4/26/2024 |
| Burke & Herbert Bank & Trust Company Savings | 0.05% | 0.05% | $50 | 4/26/2024 |
| Pendleton Community Bank, Inc. Savings | 0.05% | 0.05% | $50 | 4/25/2024 |
| America First FCU Savings | 0.05% | 0.05% | $1 | 4/26/2024 |
| Applied Bank Savings | 0.05% | 0.05% | $100 | 4/26/2024 |
| Burke & Herbert Bank & Trust Company Savings $10k | 0.05% | 0.05% | $10,000 | 4/26/2024 |
| Pendleton Community Bank, Inc. Savings $10k | 0.05% | 0.05% | $10,000 | 4/25/2024 |
| Burke & Herbert Bank & Trust Company Savings $25k | 0.05% | 0.05% | $25,000 | 4/26/2024 |
| Pendleton Community Bank, Inc. Savings $25k | 0.05% | 0.05% | $25,000 | 4/25/2024 |
| Washington Savings Bank MMA | 0.05% | 0.05% | $2,500 | 4/26/2024 |
| The Home Loan Savings Bank Savings $25k | 0.07% | 0.07% | $25,000 | 4/26/2024 |
| The Home Loan Savings Bank Savings $10k | 0.07% | 0.07% | $10,000 | 4/26/2024 |
| The Home Loan Savings Bank Savings | 0.07% | 0.07% | $50 | 4/26/2024 |
| Schools First FCU Savings $10k | 0.10% | 0.10% | $10,000 | 4/26/2024 |
| Schools First FCU Savings | 0.10% | 0.10% | $5 | 4/26/2024 |
| Bethpage Federal Credit Union Savings | 0.10% | 0.10% | $5 | 4/26/2024 |
| Connexus Credit Union Savings | 0.10% | 0.10% | $100 | 4/26/2024 |
| Bethpage Federal Credit Union Savings $10k | 0.10% | 0.10% | $10,000 | 4/26/2024 |
| Farmers & Merchants Bank Savings $10k | 0.10% | 0.10% | $10,000 | 4/26/2024 |
| Schools First FCU Savings $25k | 0.10% | 0.10% | $25,000 | 4/26/2024 |
| Bethpage Federal Credit Union Savings $25k | 0.10% | 0.10% | $25,000 | 4/26/2024 |
| Farmers & Merchants Bank Savings $25k | 0.15% | 0.15% | $25,000 | 4/26/2024 |
| Union Bank (Michigan) Savings $10k | 0.15% | 0.15% | $10,000 | 4/26/2024 |
| CIBC Bank USA MMA | 0.15% | 0.15% | $1 | 4/26/2024 |
| Union Bank (Michigan) Savings $25k | 0.20% | 0.20% | $25,000 | 4/26/2024 |
| Connexus Credit Union MMA | 0.25% | 0.25% | $1,000 | 4/26/2024 |
| TAB Bank MMA | 0.25% | 0.25% | $25 | 4/26/2024 |
| Northpointe Bank Savings | 0.25% | 0.25% | $100 | 4/26/2024 |
| Lone Star Bank MMA | 0.25% | 0.25% | $250 | 4/26/2024 |
| Presidential Bank, FSB MMA | 0.25% | 0.25% | $1,000 | 4/26/2024 |
| CIBC Bank USA MMA $10k | 0.25% | 0.25% | $10,000 | 4/26/2024 |
| Axos Bank MMA | 0.25% | 0.25% | $1,000 | 4/26/2024 |
| WebBank Savings | 0.25% | 0.25% | $1,000 | 4/26/2024 |
| Northpointe Bank MMA | 0.25% | 0.25% | $2,500 | 4/26/2024 |
| Axos Bank MMA $10k | 0.25% | 0.25% | $10,000 | 4/26/2024 |
| First Horizon Bank Savings $25k | 0.30% | 0.30% | $25,000 | 4/26/2024 |
| First Horizon Bank Savings $10k | 0.30% | 0.30% | $10,000 | 4/26/2024 |
| First Horizon Bank Savings | 0.30% | 0.30% | $50 | 4/26/2024 |
| Northpointe Bank MMA $10k | 0.35% | 0.34% | $10,000 | 4/26/2024 |
| Northpointe Bank Savings $10k | 0.35% | 0.34% | $10,000 | 4/26/2024 |
| First Federal Community Bank, NA MMA $10k | 0.40% | 0.40% | $10,000 | 4/26/2024 |
| Lone Star Bank Savings | 0.40% | 0.40% | $200 | 4/26/2024 |
| GTE Financial Credit Union MMA | 0.40% | 0.40% | $1 | 4/26/2024 |
| Union Bank (Michigan) MMA $25k | 0.45% | 0.45% | $25,000 | 4/26/2024 |
| Union Bank (Michigan) MMA $10k | 0.45% | 0.45% | $10,000 | 4/26/2024 |
| Union Bank (Michigan) MMA | 0.45% | 0.45% | $5,000 | 4/26/2024 |
| Charles Schwab Bank Savings | 0.48% | 0.48% | $0 | 4/26/2024 |
| First Horizon Bank MMA $25k | 0.50% | 0.50% | $25,000 | 4/26/2024 |
| First Horizon Bank MMA $10k | 0.50% | 0.50% | $10,000 | 4/26/2024 |
| First Horizon Bank MMA | 0.50% | 0.50% | $50 | 4/26/2024 |
| Boeing Employees Credit Union Savings | 0.50% | 0.50% | $1 | 4/26/2024 |
| Presidential Bank, FSB Savings | 0.50% | 0.50% | $500 | 4/26/2024 |
| First Federal Community Bank, NA MMA $25k | 0.60% | 0.60% | $25,000 | 4/26/2024 |
| Axos Bank Savings | 0.61% | 0.61% | $250 | 4/26/2024 |
| GTE Financial Credit Union MMA $10k | 0.65% | 0.65% | $10,000 | 4/26/2024 |
| Schools First FCU MMA | 0.75% | 0.75% | $2,000 | 4/26/2024 |
| FinWise Bank MMA | 0.75% | 0.75% | $1,000 | 4/26/2024 |
| FinWise Bank Savings | 0.75% | 0.75% | $500 | 4/26/2024 |
| GTE Financial Credit Union Savings | 0.75% | 0.75% | $100 | 4/26/2024 |
| First Internet Bank of Indiana Savings | 0.81% | 0.80% | $25 | 4/26/2024 |
| Amalgamated Bank Savings | 0.81% | 0.81% | $0 | 4/26/2024 |
| Amalgamated Bank MMA | 1.00% | 1.00% | $100 | 4/26/2024 |
| Schools First FCU MMA $10k | 1.00% | 0.99% | $10,000 | 4/26/2024 |
| Bethpage Federal Credit Union MMA | 1.00% | 1.00% | $500 | 4/26/2024 |
| Bethpage Federal Credit Union MMA $10k | 1.00% | 1.00% | $10,000 | 4/26/2024 |
| Schools First FCU MMA $25k | 1.00% | 0.99% | $25,000 | 4/26/2024 |
| Bethpage Federal Credit Union MMA $25k | 1.00% | 1.00% | $25,000 | 4/26/2024 |
| Vio Bank Savings | 1.10% | 1.09% | $100 | 4/26/2024 |
| Amalgamated Bank Savings $25k | 1.26% | 1.25% | $25,000 | 4/26/2024 |
| Amalgamated Bank Savings $10k | 1.26% | 1.25% | $10,000 | 4/26/2024 |
| Banesco USA Savings | 1.35% | 1.34% | $300 | 4/26/2024 |
| Bank5 Connect Savings | 1.50% | 1.49% | $100 | 4/26/2024 |
| America First FCU MMA | 1.50% | 1.49% | $1 | 4/26/2024 |
| BankPurely, a division of Flushing Bank Savings | 1.50% | 1.49% | $100 | 4/26/2024 |
| FinWise Bank MMA $10k | 1.51% | 1.50% | $10,000 | 4/26/2024 |
| CIT Bank, N.A MMA | 1.55% | 1.54% | $100 | 4/26/2024 |
| America First FCU MMA $10k | 1.70% | 1.69% | $10,000 | 4/26/2024 |
| Boeing Employees Credit Union MMA $10k | 2.02% | 2.00% | $10,000 | 4/26/2024 |
| Boeing Employees Credit Union MMA | 2.02% | 2.00% | $1 | 4/26/2024 |
| Synchrony Bank MMA | 2.25% | 2.22% | $1 | 4/26/2024 |
| Varo Bank Savings | 3.00% | 2.96% | $1 | 4/26/2024 |
| Northpointe Bank Savings $25k | 3.25% | 3.20% | $25,000 | 4/26/2024 |
| Northpointe Bank MMA $25k | 3.25% | 3.20% | $25,000 | 4/26/2024 |
| Pendleton Community Bank, Inc. MMA $25k | 3.30% | 3.25% | $25,000 | 4/25/2024 |
| First Internet Bank of Indiana MMA | 3.77% | 3.70% | $100 | 4/26/2024 |
| Discover Bank MMA | 4.00% | 3.92% | $0 | 4/26/2024 |
| Discover Bank MMA | 4.00% | 3.92% | $2,500 | 4/26/2024 |
| Ally Bank MMA | 4.20% | 4.11% | $0 | 4/26/2024 |
| Ally Bank Savings | 4.20% | 4.11% | $0 | 4/26/2024 |
| Quorum Federal Credit Union Savings | 4.25% | 4.17% | $1 | 4/26/2024 |
| Discover Bank Savings | 4.25% | 4.16% | $0 | 4/26/2024 |
| Capital One Savings | 4.25% | 4.25% | $0 | 4/26/2024 |
| American Express National Bank Savings | 4.25% | 4.16% | $0 | 4/26/2024 |
| Morgan Stanley Private Bank Savings | 4.25% | 4.16% | $0 | 4/26/2024 |
| EverBank MMA | 4.30% | 4.21% | $0 | 4/26/2024 |
| Live Oak Bank Savings | 4.40% | 4.31% | $0 | 4/26/2024 |
| Quontic Bank Savings | 4.50% | 4.40% | $100 | 4/26/2024 |
| Citizens Access Savings | 4.50% | 4.40% | $1 | 4/26/2024 |
| Sallie Mae Bank Savings | 4.50% | 4.40% | $0 | 4/26/2024 |
| Sallie Mae MMA | 4.65% | 4.54% | $0 | 4/26/2024 |
| Synchrony Bank Savings | 4.75% | 4.64% | $1 | 4/26/2024 |
| Valley Direct Savings | 4.75% | 4.64% | $1 | 4/26/2024 |
| FNBO Direct Savings | 4.75% | 4.65% | $1 | 4/26/2024 |
| Northern Bank Direct, a div of Northern Bank & Trust Company MMA | 4.95% | 4.84% | $5,000 | 4/26/2024 |
| Rising Bank Savings | 5.00% | 4.89% | $1,000 | 4/26/2024 |
| Quontic Bank MMA | 5.00% | 4.88% | $100 | 4/26/2024 |
| VirtualBank, a division of First Horizon Bank MMA | 5.00% | 4.89% | $100 | 4/26/2024 |
| CIBC Bank USA Savings | 5.01% | 4.89% | $1,000 | 4/26/2024 |
| Salem Five Direct Savings | 5.01% | 4.89% | $10 | 4/26/2024 |
| BankPurely, a division of Flushing Bank MMA | 5.05% | 4.93% | $25,000 | 4/26/2024 |
| Primis Bank Savings | 5.07% | 4.95% | $1 | 4/26/2024 |
| Western State Bank MMA | 5.15% | 5.02% | $5,000 | 4/26/2024 |
| Bread Savings Savings | 5.15% | 5.02% | $100 | 4/26/2024 |
| Popular Direct Savings | 5.15% | 5.02% | $100 | 4/26/2024 |
| UFB Direct Savings | 5.25% | 5.12% | $0 | 4/26/2024 |
| Amalgamated Bank MMA $10k | 5.25% | 5.25% | $10,000 | 4/26/2024 |
| Banesco USA MMA $10k | 5.25% | 5.12% | $10,000 | 4/26/2024 |
| Banesco USA MMA | 5.25% | 5.12% | $2,500 | 4/26/2024 |
| CFG Community Bank MMA | 5.25% | 5.12% | $1,000 | 4/26/2024 |
| UFB Direct MMA | 5.25% | 5.12% | $1 | 4/26/2024 |
| TAB Bank Savings | 5.27% | 5.14% | $0 | 4/26/2024 |
| Vio Bank MMA | 5.30% | 5.16% | $100 | 4/26/2024 |
| BrioDirect Savings | 5.35% | 5.21% | $5,000 | 4/26/2024 |
| MyBankingDirect Savings | 5.55% | 5.40% | $500 | 4/26/2024 |
1 APY stands for Annual Percentage Yield. It's different from Rate because it takes into account compounding interest for the year.
2 MMA stands for Money Market Account. It's a savings and checking hybrid, allowing you to earn interest and use checks 6 times a month.
3 Not all banks are represented.
The rate information is obtained by Bankrate from the listed institutions. Bankrate cannot guarantee the accuracy or availability of any rates shown. Institutions may have different rates on their own websites than those posted on Bankrate.com. The listings that appear on this page are from companies from which this website receives compensation, which may impact how, where, and in what order products appear. This table does not include all companies or all available products.
All rates are subject to change without notice and may vary depending on location. These quotes are from banks, thrifts, and credit unions, some of whom have paid for a link to their own website where you can find additional information. Those with a paid link are our Advertisers. Those without a paid link are listings we obtain to improve the consumer shopping experience and are not Advertisers. To receive the Bankrate.com rate from an Advertiser, please identify yourself as a Bankrate customer. Bank and thrift deposits are insured by the Federal Deposit Insurance Corp. Credit union deposits are insured by the National Credit Union Administration.
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| For APY | $1 | ||
|---|---|---|---|
| APY | 4.25% | Rate as of | 4/26/2024 |
| Rate | 4.16% | Type | Savings |
| For APY | $25 | ||
|---|---|---|---|
| APY | 0.03% | Rate as of | 4/26/2024 |
| Rate | 0.03% | Type | Savings |
| For APY | $0 | ||
|---|---|---|---|
| APY | 5.25% | Rate as of | 4/26/2024 |
| Rate | 5.25% | Type | Savings |
| For APY | $25 | ||
|---|---|---|---|
| APY | 0.01% | Rate as of | 4/26/2024 |
| Rate | 0.01% | Type | Savings |
| For APY | $0 | ||
|---|---|---|---|
| APY | 5.15% | Rate as of | 4/26/2024 |
| Rate | 5.02% | Type | Savings |
| For APY | $25 | ||
|---|---|---|---|
| APY | 0.01% | Rate as of | 4/26/2024 |
| Rate | 0.01% | Type | Savings |
| For APY | $100 | ||
|---|---|---|---|
| APY | 5.00% | Rate as of | 4/26/2024 |
| Rate | 5.00% | Type | Savings |
| For APY | $25 | ||
|---|---|---|---|
| APY | 0.05% | Rate as of | 4/26/2024 |
| Rate | 0.05% | Type | Savings |
| For APY | $5,000 | ||
|---|---|---|---|
| APY | 5.05% | Rate as of | 4/26/2024 |
| Rate | 4.93% | Type | Savings |
| For APY | $25 | ||
|---|---|---|---|
| APY | 0.05% | Rate as of | 4/26/2024 |
| Rate | 0.05% | Type | Savings |
| For APY | $0 | ||
|---|---|---|---|
| APY | 4.35% | Rate as of | 4/26/2024 |
| Rate | 4.35% | Type | Savings |
| For APY | $25 | ||
|---|---|---|---|
| APY | 0.03% | Rate as of | 4/26/2024 |
| Rate | 0.03% | Type | Savings |
The one thing most children should be taught—though often, are not—is financial responsibility. Saving, setting goals, budgeting, and understanding how money works in our day-to-day lives. By opening a new children bank account, you give them ownership of their own money.
Open a savings account, help your children see their investments grow, and when they've obtained their goals, reward them with something they can buy.
It doesn't hurt that we represent some of the highest interest rates in banking. Many of our rates are 10 times higher than the national average. And, all investments are 100% insured by the FDIC up to $250,000.
Our rates are good for everyone. If you're not earning interest from your bank, we encourage you to sign up with a high yield savings account. Many local banks pay out 0.01% interest. Why not put your savings into an online bank and earn more?
See how our rates compare with the biggest banks below.
These banks don't have a minimum deposit, or the minimum deposit is much lower than other rates. Some banks require a significant amount of money to earn the reported rate. Banks marked for children are easy to open with little to no investment.
To see how much is required to receive the reported rate, hover over "Rate Information" below the bank's logo. Look for the "To Open" amount.
A good age to start teaching a child about money is between 6 and 8. You can start earlier with fake money, and teaching the concept of exchanging money for services. For example, make dinner a fake restaurant and have your children pay for the meal.
Starting as early as 6, children can earn an allowance, and invest that allowance into a bank account. They can start budgeting for their expenses, such as food, or rent.
Of course, it’s never too late to teach your child about money. Money is vital to our security and happiness. Any knowledge you can impart will be beneficial.
Editorial Disclosure: We work hard to present accurate information so you can make an informed decision. The content on this page does not represent the opinions of the banks we display. If you have any questions concerning this content, please contact us.