Non-APY comparison conducted by an independent research firm and based on data compiled in January 2021 from company websites, customer service agents, and consumer savings account offers. In some cases, competitors assess and/or waive fees if certain criteria are met.
Discover Online Savings Account |
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Chase Regular Savings |
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Citibank Citi Savings - Access Account |
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Bank of America Advantage Savings |
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Wells Fargo Way2Save Savings |
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PNC Bank Standard Savings |
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U.S. Bank Standard Savings |
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Capital One 360 Performance Savings |
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Ally Bank Online Savings Account |
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Annual percentage yield |
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Interest compounded/paid |
Daily/Monthly | Monthly/Monthly | Daily/Monthly | Monthly/Monthly | Daily/Monthly | Monthly/Monthly | Daily/Quarterly | Monthly/Monthly | Daily/Statement Period |
Monthly fee In some cases, competitors assess or waive fees if certain conditions are met. |
$0 | $5 | $4.50 | $8 | $5 | $5 | $4 | $0 | $0 |
Insufficient funds fee |
$0 | $34 | $34 | $35 | $35 | $36 | $36 | N/A | $25 |
Minimum opening deposit |
$0 | $0 | $0 | $100 | $25 | $25 | $25 | $0 | $0 |
Outgoing wire transfers are subject to a service charge.
Annual Percentage Yield (APY). Advertised Online Savings Account APY is accurate as of XX/XX/XXXX. Applies to personal accounts only. APY may change before or after the account is opened. No minimum deposit to open.
adds up with our high-yield Online Savings Account calculator.Assumes principal and interest remain on deposit and interest rate and APY do not change for one year. The values shown are for illustrative and informational purposes only and may not apply to your individual circumstances.
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