Best Apy Savings Account

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The CIT Bank Savings Builder Account is a tiered savings account that offers competitive APY rates for those carrying qualifying balances or looking to commit to a monthly qualifying deposit. Below is all the details you need to open a CIT Bank Savings Builder Account. At 1.75% APY (a reasonable APY for most high-yield savings accounts), the balance would be $1,054.67. At 2.15% APY (a reasonable APY for the best high-yield savings accounts), the balance would be $1,067.58. As you can see, sticking with the national average of 0.10% APY can hurt over the long term. The best high-yield online savings accounts offer competitive interest rates, usually expressed as APY. APY stands for Annual Percentage Yield: the total amount of interest you’ll earn in one year, assuming you don’t add or withdraw funds.

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return to footnote reference1Savings-account interest is compounded and credited monthly, based on the daily collected balance. Interest rates are variable and determined daily at Chase's discretion and are subject to change without notice. Balance tiers are applicable as of the effective date of these rates and may change at Chase's discretion. Account fees could reduce earnings. CD interest is fixed for the duration of the term and is compounded daily.

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return to footnote reference2For Chase Premier SavingsSM: Earn Premier relationship rates when you link the account to a Chase Premier Plus CheckingSM or Chase SapphireSM Checking account, and make at least five customer-initiated transactions in a monthly statement period using your linked checking account. See interest rates.

Savings Text Message Program: Message and data rates may apply. For Help call 1-800-935-9935. Reply STOP to 33172 to no longer receive Chase Savings text messages until you provide your consent again. Mobile carriers not liable for delayed or undelivered messages.

Best Apy Savings Account 2020

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The content of this page is informational only. Accounts are subject to approval. The terms of the accounts, including any fees or features, may change. See the Deposit Account Agreement and Additional Banking Services and Fees for the terms and conditions associated with these products.