Non-APY comparison conducted by an independent research firm and based on data compiled in July 2020 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. The non-Discover Bank service marks for Ally, Bank of America, Capital One 360, Chase, Citibank, Wells Fargo, Fifth Third, PNC, and U.S. Bank are owned by each respective entity. Although the information by independent research firm has been obtained from the various institutions, the accuracy cannot be guaranteed.
Discover Online Savings Account |
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Chase Regular Savings |
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Citibank Citi Savings - Access Account |
Remove Bank
Bank of America Advantage Savings |
Remove Bank
Wells Fargo Way2Save Savings |
Remove Bank
PNC Bank Standard Savings |
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Fifth Third Bank Goal Setter Savings |
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U.S. Bank Standard Savings |
Remove Bank
Capital One 360 Performance Savings |
Remove Bank
Ally Bank Online Savings Account |
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Annual percentage yield |
X.XX%
Competitor APY comparison information obtained from Informa Research Services, Inc., as of XX/XX/XXXX, using savings account APYs. The non-Discover Bank service marks for Bank of America, Capital One 360, Chase, Citibank, Wells Fargo, Fifth Third, PNC, Ally and U.S. Bank are owned by each respective entity. Although the information by Informa Research Services, Inc. has been obtained from the various institutions, the accuracy cannot be guaranteed. |
X.XX%
Competitor APY comparison information obtained from Informa Research Services, Inc., as of XX/XX/XXXX, using savings account APYs. The non-Discover Bank service marks for Bank of America, Capital One 360, Chase, Citibank, Wells Fargo, Fifth Third, PNC, Ally and U.S. Bank are owned by each respective entity. Although the information by Informa Research Services, Inc. has been obtained from the various institutions, the accuracy cannot be guaranteed. |
X.XX%
Competitor APY comparison information obtained from Informa Research Services, Inc., as of XX/XX/XXXX, using savings account APYs. The non-Discover Bank service marks for Bank of America, Capital One 360, Chase, Citibank, Wells Fargo, Fifth Third, PNC, Ally and U.S. Bank are owned by each respective entity. Although the information by Informa Research Services, Inc. has been obtained from the various institutions, the accuracy cannot be guaranteed. |
X.XX%
Competitor APY comparison information obtained from Informa Research Services, Inc., as of XX/XX/XXXX, using savings account APYs. The non-Discover Bank service marks for Bank of America, Capital One 360, Chase, Citibank, Wells Fargo, Fifth Third, PNC, Ally and U.S. Bank are owned by each respective entity. Although the information by Informa Research Services, Inc. has been obtained from the various institutions, the accuracy cannot be guaranteed. |
X.XX%
Competitor APY comparison information obtained from Informa Research Services, Inc., as of XX/XX/XXXX, using savings account APYs. The non-Discover Bank service marks for Bank of America, Capital One 360, Chase, Citibank, Wells Fargo, Fifth Third, PNC, Ally and U.S. Bank are owned by each respective entity. Although the information by Informa Research Services, Inc. has been obtained from the various institutions, the accuracy cannot be guaranteed. |
X.XX%
Competitor APY comparison information obtained from Informa Research Services, Inc., as of XX/XX/XXXX, using savings account APYs. The non-Discover Bank service marks for Bank of America, Capital One 360, Chase, Citibank, Wells Fargo, Fifth Third, PNC, Ally and U.S. Bank are owned by each respective entity. Although the information by Informa Research Services, Inc. has been obtained from the various institutions, the accuracy cannot be guaranteed. |
X.XX%
Competitor APY comparison information obtained from Informa Research Services, Inc., as of XX/XX/XXXX, using savings account APYs. The non-Discover Bank service marks for Bank of America, Capital One 360, Chase, Citibank, Wells Fargo, Fifth Third, PNC, Ally and U.S. Bank are owned by each respective entity. Although the information by Informa Research Services, Inc. has been obtained from the various institutions, the accuracy cannot be guaranteed. |
X.XX%
Competitor APY comparison information obtained from Informa Research Services, Inc., as of XX/XX/XXXX, using savings account APYs. The non-Discover Bank service marks for Bank of America, Capital One 360, Chase, Citibank, Wells Fargo, Fifth Third, PNC, Ally and U.S. Bank are owned by each respective entity. Although the information by Informa Research Services, Inc. has been obtained from the various institutions, the accuracy cannot be guaranteed. |
X.XX%
Competitor APY comparison information obtained from Informa Research Services, Inc., as of XX/XX/XXXX, using savings account APYs. The non-Discover Bank service marks for Bank of America, Capital One 360, Chase, Citibank, Wells Fargo, Fifth Third, PNC, Ally and U.S. Bank are owned by each respective entity. Although the information by Informa Research Services, Inc. has been obtained from the various institutions, the accuracy cannot be guaranteed. |
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Interest compounded/paid |
Daily/Monthly | Monthly/Monthly | Daily/Monthly | Monthly/Monthly | Daily/Monthly | Monthly/Monthly | Daily/Monthly | Daily/Quarterly | Monthly/Monthly | Daily/Monthly |
Monthly fee In some cases, competitors assess or waive fees if certain conditions are met. |
$0 | $5 | $4.50 | $8 | $5 | $5 | $5 | $4 | $0 | $0 |
Insufficient funds fee |
$0 | $34 | $34 | $35 | $35 | $36 | $37 | $36 | N/A | $25 |
Minimum opening deposit |
$0 | $0 | $0 | $100 | $25 | $25 | $0 | $25 | $0 | $0 |
* The Annual Percentage Yield (APY) for the Online Savings Account as of XX/XX/XXXX is more than five times the national average APY for interest-bearing savings accounts with balances of $500 as reported by Informa Research Services, Inc. as of XX/XX/XXXX. Interest rates and APYs are subject to change at any time. Although the information provided by Informa Research Services has been obtained from the various institutions, accuracy cannot be guaranteed.
† Annual Percentage Yield: The APY applies to personal accounts only. Advertised Online Savings Account APY is accurate as of XX/XX/XXXX. APY may change before or after the account is opened. No minimum deposit to open. NerdWallet Award Medal Design: ©2017-2020 and TM, NerdWallet, Inc. All Rights Reserved.
NerdWallet Award Medal Design: ©2017-2021 and TM, NerdWallet, Inc. All Rights Reserved.
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