Remember that all savings accounts limit the number of phone and computer withdrawals you can make per month. A checking account is a better fit for paying bills and managing monthly expenditures. Want to learn more about savings account options? We have useful tips in the Expert’s Answers section below.
- General Consumer
- Business Owner
- College Student
Discover Bank Online Savings Account
- No. Fees. Period. That means you won't be charged an account fee on Discover Bank Online Savings Account. This Includes Excessive Withdrawal Fee, Stop Payment Order and Insufficient Funds Fee
Discover Money Market Account
- No. Fees. Period. That means you won't be charged an account fee on Discover Bank Money Market Account. This Includes Minimum Balance Fees, Excessive Withdrawal Fee, Stop Payment Order, and Insufficient Funds
- No-fee withdrawals at over 60,000 ATM locations with your debit card
- 0.35% APY for balances under $100,000 and 0.40% APY for balances $100,000 and over
Ally Bank • 5 Year CD
- With High Yield Certificate of Deposit, when your CD matures, you can withdraw your money at no charge during a 10-day grace period
Sallie Mae SmartyPig Account
- Earn a $10 reward for every friend you refer who opens a SmartyPig account, sets a goal, and contributes to it
- During any calendar month, for each SmartyPig Primary Account and any individual Goal Account, you may make no more than six (6) transfers and withdrawals
Ally Bank • 3 Year CD
- With High Yield Certificate of Deposit, when your CD matures, you can withdraw your money at no charge during a 10-day grace period
TIAA Bank • 5 Year CD
- APYs shown for balances up to $1 million. Call for additional rates
SFGI Direct Savings Account
- No Monthly Service Charge
- Minimum Balance to earn interest $1
- Fund account with a transfer from another bank
Ally Bank • 1 Year CD
- With High Yield Certificate of Deposit, when your CD matures, you can withdraw your money at no charge during a 10-day grace period
Webster Bank • 5 Year CD
- A Premier or WebsterOne checking account is required to get the CD rates listed above