Highest Yielding Savings Account Rates for Athens, AL

Includes Online Banks, Local Banks and Credit Unions / Updated October 25, 2021

All rates listed are Annual Percentage Yield (APY).
 
  • 0.850% Reviews Online Rate - Money Market
    $100,000 Min. to Earn APY
  • 0.750% Reviews Online Rate - Jumbo Money Market
    $100,000 Min. to Earn APY

    | September 19, 2021 |

    Big name to inspire confidence, but a little poorly run bank behind it. I wasted my time trying to squeeze a few extra pennies out of my dollars. Not worthwhile to chase this one, especially after consider... Read More

  • 0.610% Reviews Online Rate - Online Savings Account
    $2,500 Min. to Earn APY

    | October 13, 2021 |

    I was drawn to the rate and the experience has been so bad I will go back to well recognized names. Read More

  • 0.600% Reviews Online Rate - Personal Savings Account
    $0 Min. to Earn APY

    | October 16, 2021 |

    They almost made this too easy to open. Read More

  • 0.600% Reviews Online Rate - Online Savings Account
    $2,500 Min. to Earn APY

    | October 21, 2021 |

    I was made to feel unimportant when I called with a question about transfers because of the small size of my money market account that I opened a couple of months ago. Read More

  • 0.590% Reviews Online Rate - High Yield Money Market
    $25,000 Min. to Earn APY

    | August 19, 2021 |

    It's nice to see smaller and obscure banks come online to offer rates just at or above what everybody else is giving. There is a catch especially when these same banks have low or no amount to buy in.
    W... Read More

  • 0.550% Reviews Online Rate - High Rate Savings
    $5 Min. to Earn APY

    | October 12, 2021 |

    Applied over a month ago, Customer service called twice and no help. All required info sent twice. Still no response. Horrible Read More

  • 0.550% Reviews Online Rate - High Yield Savings
    $100 Min. to Earn APY

    | October 4, 2021 |

    I haven't been a customer very long so far, but so far it is A+ Read More

  • 0.550% Reviews Online Rate - Fitness Savings
    $100 Min. to Earn APY

    | August 24, 2021 |

    I was able to open an account here a couple of months back when I called after initially not hearing back. I had some problems getting the app to work. I really felt as though I was doing guinea pig duty ... Read More

  • 0.550% Reviews Online Rate - Online Savings Account
    $5,000 Min. to Earn APY

    | October 16, 2021 |

    I live in PA and have some familiarity with Valley National Bank. I am not sure that I would have opened the account otherwise, but I have had no problems. Read More

  • 0.550% Reviews Online Rate - Money Market
    $25,000 Min. to Earn APY

    | July 23, 2021 |

    Saw bad reviews on several other sites; had reservations but opened account anyway because rate was good. Have not been disappointed. Read More

  • 0.520% Reviews Online Rate - Agility Savings Account
    $0 Min. to Earn APY

    | July 28, 2021 |

    We've been customers for several years. Never a problem. Read More

  • 0.510% Reviews Online Rate - E-Connect Savings
    $0 Min. to Earn APY

    | July 23, 2021 |

    Phone service is atrocious and online service not existent. I am just waiting for month interest to credit and then I will undo this one. Read More

  • 0.510% Reviews Online Rate - Online Savings Account
    $0 Min. to Earn APY

    | July 14, 2021 |

    My husband and I opened an account here. We were happy to get the slightly higher rate for a bit, but they were quick to lower it. And, then the fees started. Read More

  • 0.510% Reviews Online Rate - Savings Account
    $500 Min. to Earn APY
  • 0.500% Reviews Online Rate - Basic Savings
    $0 Min. to Earn APY

    | October 17, 2021 |

    The savings rate is 0.50% as listed here. Their money market rate is only 0.40%. These guys are deceptive! They keep one rate high so that customers like me see them on a site like this and go through and ... Read More

  • 0.500% Reviews Online Rate - Online Money Market Account
    $0 Min. to Earn APY
  • 0.500% Reviews Online Rate - High Yield Savings
    $0 Min. to Earn APY
  • 0.500% Reviews Online Rate - Online Savings Account
    $0 Min. to Earn APY

    | October 21, 2021 |

    Ally is so great and well run in everything that they do. I had thought about moving my account to a bank with a higher rate. If I could get another 1/10th of 1% on my account with $250,000, that would be ... Read More

  • 0.500% Reviews Online Rate - Savings Account
    $0 Min. to Earn APY

    | August 3, 2021 |

    Opened for the higher rate, and the rate has stayed competitive even as rates have fallen across the board at all of these places so I cannot complain. But, what I will complain about are all of these con... Read More

  • 0.500% Reviews Online Rate - High Yield Money Market Account
    $0 Min. to Earn APY
  • 0.500% Reviews Online Rate - Online Savings Account
    $0 Min. to Earn APY
  • 0.500% Reviews Online Rate - Accelerate Savings
    $0 Min. to Earn APY
  • 0.500% Reviews Online Rate - Online Savings Account
    $1 Min. to Earn APY
  • 0.500% Reviews Online Rate - High Yield Savings
    $1 Min. to Earn APY

    | July 14, 2021 |

    Just the worst customer service imaginable. Choose any other bank from this list and you will be happier. Read More

  • 0.500% Reviews Online Rate - Premium Online Savings
    $5 Min. to Earn APY
  • 0.500% Reviews Online Rate - Money Market Savings
    $100 Min. to Earn APY
  • 0.500% Reviews Online Rate - Online Savings Account
    $1,000 Min. to Earn APY
  • 0.500% Reviews Online Rate - Money Market
    $2,500 Min. to Earn APY
All rates listed above are Annual Percentage Yield (APY). The APY rate in a savings account or money market account is a variable rate that is subject to change at any point.

The 5 Most Recognized Online Banks

Marcus by Goldman Sachs



Marcus, the online banking arm of Goldman Sachs, offers high Savings and No Penalty CD rates with no transaction fees ever. Throughout its existence, Marcus has been consistently interest rate competitive and offered super fast ACH transfers (although you can also deposit by check or wire transfer), easy web access and strong customer service. While the FDIC only insures an individual’s account balances to $250,000, you can maintain up to $1 million in a Marcus account.

Citizens Access



A subsidiary of Citizens Bank, Citizens Access is a new entrant as of 2018 in the online banking space. Accounts here have been consistently competitive and Citizens Access never charge any fees so long as you maintain a $5,000 balance.

Ally Bank



Ally Bank is the former GMAC bank but its strong advertising campaign has built an independent name recognition over the last decade. The bank today is known for its great customer service, user-friendly mobile apps, and low CD early withdrawal penalties. Once you open an Ally account, you also have access to offers on their suite of other products, including Ally Invest, a recently launched online trading platform.

Purepoint



Purepoint is a subsidiary of a MUFJ Union Bank that is itself a subsidiary of Japan’s Mitsubishi UFJ Financial Group, one of the largest banks in the world. It offers aggressive online savings rates to those with over $10,000 to deposit and a web experience that is generally well received. Many customers rave about the lightening fast ACH transfers, but others note that higher rates are frequently offered to California residents who may by more inclined to use Union Bank for other services.

Synchrony Bank



Synchrony Bank, formerly GE Capital Retail Bank, has offered very competitive online savings and CD rates for some time and is well recognized for its strong customer service. A Synchrony account gives access to a travel discount program and an ATM card for easier access to your cash. However, the bank lacks a mobile app and the website can be frustrating.

Summary of Online Savings Rates

Bank Institution Interest Rate (APY) Minimum Balance
for APY
Best For
CONNEXUS 0.85% $100,000 Money Market
State Bank of Texas 0.75% $100,000 Jumbo Money Market
Ivy Bank, a division of Cambridge Savings Bank 0.61% $2,500 Online Savings Account
Prime Alliance Bank 0.60% $0 Personal Savings Account
ConnectOne Bank 0.60% $2,500 Online Savings Account
CFG Bank 0.59% $25,000 High Yield Money Market

RATES&INFO SAVINGS ACCOUNT QUESTIONS AND ANSWERS

What is a savings account?

A savings account is an interest-bearing bank account that allows you to preserve your cash. Your cash is secure as long as you remain within FDIC limits (or NCUA limits for federal credit unions).

What is a money market account?

A money market account is virtually identical to a savings account, except not bound by certain transaction restrictions (the most significant of which is a limit of 6 outbound transactions to outside bank accounts per month). Rates&Info does not distinguish between savings accounts and money market accounts. We list the best rates above for both products above.

Is my money safe in a saving or money market account?

As long as your total deposit accounts (savings, checking, CDs, etc.) with each bank do not exceed $250,000 for each ownership category, your deposits are insured in full by the Federal Deposit Insurance Corporation (FDIC) which is backed by the full faith and credit of the U.S. Learn more here. The National Credit Union Administration (NCUA) provides similar insurance for deposits with its member credit unions.

How do I find the best high interest savings account?

The table above lists the best online bank accounts with high interest rates. It also lists the highest yielding money market accounts and the best high yield savings account rates at banks and credit unions near you. By listing all of these rates on one table, Rates&Info enables you to determine the best bank for your savings account based on not just the best high yield savings rates that are available to you but also the convenience of a local branch.

What is the best online bank for savings?

The five most recognized online banks for savings in the US are currently Ally Bank, Barclays Bank Delaware, CIT Bank, Goldman Sachs Bank and Synchrony Bank. All of these have low account opening requirements and low or no minimum account maintenance requirements. The rates at these banks can vary. This table shows you which of these banks, and others, have the highest online savings account rates. Customer service levels, website and mobile app functionality, and transfer speeds also vary widely. User reviews on other websites may help you to determine which of these is the best for your needs.

What is the best easy access savings account? What is the best bank for savings accounts? What is the best regular savings account for me?

Many people still prefer to keep their money at local credit unions and local banks because they prefer personal (not telephonic or internet-based) interaction with their banks, want to build a relationship with a local banker for other transactional matters, and often need cash or cashier’s checks instantly. The table above demonstrates all of the rates in one table so that you can compare rates at these institutions with online rates. If online rates are more competitive than those rates at banks and credit unions near you, you should consider opening a savings account at a bank with a branch near you and tying it to an online savings account where you can keep cash above those minimum levels required by your local bank or credit union.

How do I open an online savings account?

Opening an online savings account or money market account is simple. Online banks first verify your identity through a driver’s license or other ID and a credit pull from Experian or Equifax (usually soft). You will then need to fund the account through mailing a check or entering an ABA and account number from an account that you may have at another bank (a funding account). Confirming ownership of the funding account requires entering your username and password for that account or confirming the amounts of one or two small test deposits after they have arrived.

What is the best fixed-rate savings account?

Savings rates can be lowered or raised at any time by the bank or credit union at their discretion. That is the nature of the product. If you have cash that you are extremely unlikely to require access to and seek a higher rate of return, you should consider a certificate of deposit (CD). You can compare CD rates at online banks, local banks and credit unions here.

What is the best child savings account?

A child savings account is a great way to teach children about the importance of saving money. This is a hard lesson to teach when rates are so low (and remain below real inflation rates)! Although some online banks (Ally and Capital One 360) offer these accounts, local banks are usually better set up for child savings accounts. Depending on the state in which you reside, a guardian (usually a parent) is required to open the account and to oversee the account until the age of 18 or 21. Because of the documentation required, you should consider opening a child savings account at a bank with which you or your spouse already have a banking relationship.


The graph above shows how the average rates for online savings accounts have trended over the last several years.

Compare Savings and CDs

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