grow-money-coins

Business Savings Account APY Rates Comparison

The savings account table below allows you to compare savings account rates offered by banks and credit unions nationwide. Check out our top promotions page for the best bonuses, deals, promotions, and offers from major banks such as Chase, HSBC, Bank of America, and Citibank.

If you want to see comparisons for other types of bank accounts, see our list of highest APY by account types here.

Bank Account Rates Min $ Max $
Live Oak Bank
Business Savings
0.50%-$5m
Capital Educators FCU
IRA SEP Savings
0.50%$10-
United Texas Bank
Commercial Savings Account
0.45%--
First Internet Bank
Business Regular Savings
0.40%*-$10m
Presidential Bank (MD)
Commercial Premier Savings
0.38%*-$35k
Financial Resources FCU
Business Purple Savings
0.35%*$500-
Lake Michigan Credit Union
SEP IRA Share
0.35%--
Workers Credit Union
Business SaveUp Savings w/ Automatic Deposit
0.30%*--
Premier America Credit Union
Business Savings
0.30%--
Alabama Credit Union
Organizational Savings Account
0.26%$5-
Prime Alliance Bank
Business Savings Account
0.25%*$1-
Continental Bank
Basic Business Savings
0.25%--
TAB Bank
Business Savings
0.25%$1-
Service Credit Union
Business Secondary Savings
0.25%$50-
Connexus Credit Union
Organization Savings
0.25%$100-
University FCU
Premium Business Savings
0.25%$100-
Ohio University Credit Union
Business Money Max Saving
0.21%*--
Technology Credit Union
Business Savings Account
0.20%*$25-
Axos Bank
Business Savings
0.20%*-$5m
Hope FCU
Nonprofit Bonus Rate Savings Account
0.20%--
Capital One
Business Advantage Savings - 1st Year Promo Rate (New Accounts Only)
0.20%-$5m
Pawtucket Credit Union
Business High Yield Savings
0.15%*$2.5k-
Signature FCU
Business Convention Savings
0.15%$100-
Wings Financial Credit Union
Business Share
0.15%--
Greenwood Credit Union
Business Share Savings
0.15%$100-
Latino Credit Union
Micro Business Share Account
0.15%$100-
OneUnited Bank
UNITY Choice Savings
0.15%$1k-
MainStreet Bank
Business Savings
0.10%*$2.5k-
Thrivent FCU
Simply Business Savings
0.10%*$25-
First Technology FCU
Business Instant Access
0.10%*$2.5k-
Marine FCU
Business Savings
0.10%$5-
NASA FCU
Business Savings
0.10%--
Veridian Credit Union
Business Savings
0.10%$50-
MapleMark Bank
Business Savings Account
0.10%--
Pacific National Bank
Business Savings Account
0.10%$5k-
Blue FCU
Business Share Savings
0.10%$100-
Lafayette FCU
Business Share Savings
0.10%$50-
Affinity Plus FCU
Business Shares
0.10%$10-
American Bank
Business Statement Savings
0.10%--
Louisiana National Bank
Business Saving
0.10%--
First National Community Bank
Business Wise Savings
0.09%*--
St. Mary's Bank
Premium Business Savings
0.05%*$2.5k-
First Flight FCU
Business Savings
0.05%*$50-
Salal Credit Union
Business Savings (non-profits only)
0.05%*$250-
Andrews FCU
Business Planning Savings
0.05%$100-
Mountain America Credit Union
Business Primary Savings
0.05%$100-
Heritage Bank
Business Universal Savings
0.05%--
Chartway FCU
Business Prime Share
0.05%$100-
Pennsylvania State Employees Credit Union
Business Regular Share
0.05%$500-
City National Bank
Business Reward Savings
0.05%$100-
Premier Members Credit Union
Membership Share Business Savings
0.05%--
Grow Financial FCU
Business Savings
0.05%$1-
Matadors Community Credit Union
Business Savings
0.05%$1k-
NuVision FCU
Business Savings
0.05%$50-
People's Credit Union
Business Savings
0.05%$100-
United States Senate FCU
Business Savings
0.05%--
Affinity FCU
Business Savings Account
0.05%$5-
California Coast Credit Union
Business Savings Account
0.05%$50-
Credit Union Of The Rockies
Business Savings Account
0.05%$5-
Bellco Credit Union
Basic Business Savings Account
0.05%$100-
Hiway Credit Union
Business 2nd Savings Accounts
0.05%--
America's Credit Union
Business Amplify Savings Share
0.05%$25-
Michigan State University FCU
Business Spartan Saver
0.05%--
Consumers Credit Union (IL)
Business Membership Savings
0.05%$5-
Achieva Credit Union
Business Performance Savings
0.05%$1-
Sun East FCU
Premium Business Savings
0.04%*$1k-
Zions Bank
Business Savings
0.03%*--
Credit Union Of New Jersey
Business Share Accounts
0.03%*--
Industrial Bank
Business Savings
0.03%--
BECU (Boeing Employees Credit Union)
Business Member Share Savings
0.02%--

Which savings account do I choose?

The number of savings account options is overwhelming, so here are a few tips to help you find the right account.

We suggest you first look for the highest APY available. There’s a good chance that the financial institution with the highest rate is one you don’t recognize, but don’t be afraid to look beyond your usual bank, even though national banks such as Citibank, Bank of America, Chase, and HSBC are more recognizable. Unfortunately, many of the most well-known big bank names are typically the ones offering some of the lowest rates.

Then be sure to consider the account’s minimum balance or minimum deposit requirement. You typically won’t find unreasonably high minimums with online savings accounts, but to earn some of the highest APY, the minimum requirement may be thousands of dollars.

Avoiding fees should be one of the key factors to consider. While some banks offer you high interest rates but it would not make sense to sign up for those only to find the fees negate the higher interest rates.

Leave a Reply

Your email address will not be published. Required fields are marked *