The Deposit Account Site That Tells You the Truth
Twelve product types. Six bank categories. Six depositor profiles. The right account for your situation — rated by APY, insurance, fees, and suitability. Not by who paid for placement.
Rates last surveyed: . Rates change daily — verify before depositing.
This Week’s Rate Snapshot
Best available APYs in our weekly editorial survey, as of . Rates change daily — see full tracker.
| Product | Best APY (as of 15 May 2026) | Typical range | |
|---|---|---|---|
| High-Yield Savings | 5.10% | 4.50–5.10% | Compare |
| 1-Year CD | 5.30% | 4.60–5.30% | Compare |
| Money Market | 5.00% | 4.20–5.00% | Compare |
| 5-Year CD | 4.80% | 4.00–4.80% | Compare |
| No-Penalty CD | 4.90% | 4.30–4.90% | Compare |
| IRA CD (1-Year) | 5.20% | 4.50–5.20% | Compare |
Rates above reflect the best available in our survey. Not all depositors will qualify for the advertised rate. Rate survey methodology.
Products We Cover
Twelve deposit product types — compared across six bank categories and six depositor profiles.
High-Yield Savings Account
A federally insured deposit account paying substantially more than the national savings average, typically offered by on…
Money Market Account
A hybrid deposit account combining savings-account interest rates with limited check-writing and debit-card access. Rate…
1-Year Certificate of Deposit
A time-locked deposit at a fixed APY for twelve months. The twelve-month term sits at the inflection point of the yield …
5-Year Certificate of Deposit
A long-duration fixed-rate deposit commitment. Historically pays a premium over shorter CDs, though in inverted-yield-cu…
No-Penalty CD
A certificate of deposit that waives the early-withdrawal penalty after an initial lock period (typically 7 days). Combi…
Rewards Checking Account
A checking account that pays interest or cash-back rewards in exchange for meeting monthly activity requirements: typica…
What Makes This Site Different
Three things the affiliate-comparison sites cannot say.
No Paid Rankings
Our rate tables are sorted by APY, not by commission rate. No institution pays to appear in our comparisons. We disclose every affiliate relationship and it does not affect product ranking.
YMYL Standard
Deposit decisions are money decisions. Every rate carries an “as of” date. Every product page links to FDIC or NCUA confirmation. Every guide is reviewed by Margery Penrose, CFP.
Profile Matching
The best savings account for a retiree on fixed income is not the same as for an emergency-fund builder. We map every product across six depositor profiles. Find yours.
Find Accounts by Your Profile
Six depositor profiles, each with its own product-fit ranking across all twelve account types.
Emergency Fund Builder
Accumulating 3–6 months of expenses in an accessible, liquid account. Prioritises FDIC safety, no withdrawal limits, and zero monthly fees.
College Saver
Saving for education costs on a 5–18 year horizon. Values predictability; considers CDs for fixed tranches alongside a 529, not as a replacement.
Retiree on Fixed Income
Drawing income from deposits. Prioritises rate predictability, CD ladders, and FDIC/NCUA coverage across multiple institutions.
Small Business Owner
Managing operating cash and reserves in a business entity. Needs ACH capability, FDIC coverage on business accounts, and low fees.
High-Net-Worth Depositor
Managing cash positions exceeding $250,000. Requires strategies for FDIC coverage beyond the single-institution limit: CD ladders across banks, CDARS networks, and brokered CDs.
Recent Immigrant
Opening a first U.S. bank account without SSN or credit history. Needs ITIN-friendly institutions, low or no minimum balance, and English-language alternatives.
Compare by Bank Type
Rate patterns vary significantly by institution type. Here is the structural reason each matters.
Big-Four Banks
Chase, Bank of America, Wells Fargo, and Citibank. Unmatched branch network; rates typically 0.01–1.00% on savings — far below online competitors.
Regional Banks
Mid-size institutions (Regions, Huntington, Fifth Third, KeyBank). Often competitive CDs; savings rates lag online banks but beat big-four.
Online-Only Banks
Ally, Marcus, Discover Bank, American Express Bank. Consistently lead rate tables by 1–3 percentage points due to near-zero branch overhead.
Credit Unions
Member-owned cooperatives insured by NCUA. Share rates often match or beat online banks; membership eligibility varies by geography or employer.
Fintech Neobanks
SoFi, Wealthfront Cash, Betterment Cash Reserve. Pass-through deposit models; rates competitive but products newer and regulatory history shorter.
Brokerage Banks
Fidelity, Charles Schwab, Vanguard banking arms. Sweep rates are often low on default; money market alternatives within the same account may earn 4–5%.
Guides Worth Reading
Plain-language guides on the decisions that cost depositors money most often. By Margery Penrose, CFP.
How to Actually Compare a Savings Account Without the Teaser-Rate Trap
Rate tables lie by omission. A bank advertising 5.25% APY may be advertising a promotional rate that drops to 0.50% after ninety days. I hav…
8 min read · Margery Penrose
The Honest Difference Between APY and APR — and Why It Matters
Banks use APY on savings products because it looks higher. They use APR on loan products because it looks lower. Neither is dishonest — but …
6 min read · Margery Penrose
When a CD Ladder Actually Beats a HYSA
The CD-ladder argument is often made in a vacuum: 'lock in rates before they fall.' That's directionally correct, but incomplete. Whether a …
9 min read · Margery Penrose
The Six Fees Online Banks Still Quietly Charge
The 'no monthly maintenance fee' claim is true and meaningfully different from 'no fees.' Online banks have eliminated the most visible char…
7 min read · Margery Penrose
Rate Watch Blog
Weekly posts on Fed decisions, rate surveys, and deposit strategy.
What the Federal Reserve Rate Cycle Actually Does to Your HYSA
HYSA rates follow the Fed funds rate, but they move faster in one direction than the other.
2026-05-15 · 6 min
Why Online Banks Consistently Beat Big-Four Banks on APY
The online bank rate advantage comes from branch overhead they do not carry — and it is structural, not temporary.
2026-05-12 · 5 min
The Silent Cost of Keeping Cash in a Checking Account
Average checking account balances far exceed what most households need for monthly operations.
2026-05-08 · 5 min
How the Fed Funds Rate Translates to Your Savings APY
The Fed funds rate affects savings rates through a specific mechanism — most people do not know how it works.
2026-05-01 · 6 min
Free Calculators
Two tools that save the math people do wrong on a spreadsheet.
CD vs Savings Calculator
Enter your balance, term, tax bracket, and rates — get the after-tax effective yield comparison between a CD and a HYSA in your environment.
Emergency Fund Calculator
Income type, dependents, and monthly burn — three inputs that determine your actual target. Not the generic 3-to-6 months answer.
Frequently Asked Questions
How does GetDeposited choose which accounts to compare?
We survey rates weekly across federally insured institutions in each product category. We include big-four banks, regional banks, online banks, credit unions, fintechs, and brokerage-affiliated banks. No institution pays to appear in our comparisons — placement reflects rate and product fit, not ad spend.
Are the rates shown guaranteed?
No rate shown on this site is guaranteed. Rates on savings accounts and money market accounts change whenever the issuing institution decides to change them — sometimes within days of a Federal Reserve decision. CD rates are fixed for the term once you open the account. Every rate shown carries an 'as of' date; always verify on the institution's own website before depositing.
Is FDIC insurance the same at online banks as at branch banks?
Yes. FDIC insurance is per depositor per institution per ownership category — the coverage rules do not change based on whether the bank operates branches. An online-only bank with an FDIC charter provides the same $250,000 per-depositor coverage as a branch bank. Verify FDIC status at banks.data.fdic.gov before depositing at any institution.
Services
Beyond the rate tables — expert review, digital tools, and advisory matching.
Deposit Audit
From $35. Written opinion on your deposit position — rate, insurance, and ladder design.
Learn moreFind My Product
Tell us your cash amount, time horizon, and profile — we match you to product + institution.
Get matchedAbout the Editor
Margery Penrose, CFP — Senior Banking Editor
Sixteen years at Bankrate and American Banker. Specialises in deposit-product comparison and rate-cycle timing. Stewards the GetDeposited rate-survey methodology — weekly, transparent, no paid placement.
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