{"site":{"name":"You Are Paying Too Much","url":"https://youarepayingtoomuch.com/savings-rates","purpose":"Verified, dated table of top standard nationally available high-yield savings and money market rates, published for education. Not a recommendation of any institution."},"verification":{"lastFullVerification":"2026-07-31","policy":"Only standard, nationally available, no-strings APYs are listed. Promotional, new-customer, limited-time, and activity-conditioned rates are excluded. Every row must be verifiable against the institution's own published rate page plus at least one independent public source. If a row cannot be re-verified, it is marked stale and keeps its last verified figure and date; unverified numbers are never published."},"fdicNationalAverages":{"source":"https://www.fdic.gov/national-rates-and-rate-caps","ratesAsOf":"2026-07-20","savingsApyPercent":0.38,"moneyMarketApyPercent":0.65},"topRates":{"savings":[{"institution":"Bread Savings","product":"High-Yield Savings","apyPercent":3.95,"verifyString":"3.95","minToOpen":"$100","conditions":"APY applies to all balances","institutionRateAsOf":null,"lastVerified":"2026-07-31","verification":"verified","sources":[{"name":"Bread Savings rate page","url":"https://www.breadfinancial.com/en/bread-savings.html","role":"primary"},{"name":"Bankrate: Best High-Yield Savings Accounts","url":"https://www.bankrate.com/banking/savings/best-high-yield-interests-savings-accounts/","role":"cross-check"}]},{"institution":"EverBank","product":"Performance Savings","apyPercent":3.9,"verifyString":"3.90","minToOpen":"$0","conditions":"APY applies to all balances","institutionRateAsOf":null,"lastVerified":"2026-07-31","verification":"verified","sources":[{"name":"EverBank Performance Savings page","url":"https://www.everbank.com/banking/performance-savings","role":"primary"},{"name":"Bankrate: Best High-Yield Savings Accounts","url":"https://www.bankrate.com/banking/savings/best-high-yield-interests-savings-accounts/","role":"cross-check"}]},{"institution":"Popular Direct","product":"Exclusive Savings","apyPercent":3.9,"verifyString":"3.90","minToOpen":"$100","conditions":"APY applies to all balances","institutionRateAsOf":"2026-07-13","lastVerified":"2026-07-31","verification":"verified","sources":[{"name":"Popular Direct rate page","url":"https://www.populardirect.com/","role":"primary"},{"name":"Bankrate: Best High-Yield Savings Accounts","url":"https://www.bankrate.com/banking/savings/best-high-yield-interests-savings-accounts/","role":"cross-check"}]},{"institution":"Zynlo Bank","product":"Tomorrow Savings","apyPercent":3.85,"verifyString":"3.85","minToOpen":"$0","conditions":"APY applies to all balances","institutionRateAsOf":null,"lastVerified":"2026-07-31","verification":"verified","sources":[{"name":"Zynlo Bank rate page","url":"https://www.zynlobank.com/","role":"primary"},{"name":"Bankrate: Best High-Yield Savings Accounts","url":"https://www.bankrate.com/banking/savings/best-high-yield-interests-savings-accounts/","role":"cross-check"}]}],"moneyMarket":[{"institution":"Zynlo Bank","product":"Money Market","apyPercent":3.9,"verifyString":"3.90","minToOpen":"$0","conditions":"APY applies to all balances","institutionRateAsOf":null,"lastVerified":"2026-07-31","verification":"verified","sources":[{"name":"Zynlo Bank rate page","url":"https://www.zynlobank.com/","role":"primary"},{"name":"Bankrate: Best Money Market Accounts","url":"https://www.bankrate.com/banking/money-market/rates/","role":"cross-check"}]},{"institution":"Quontic Bank","product":"Money Market","apyPercent":3.8,"verifyString":"3.80","minToOpen":"$100","conditions":"APY applies to all balance tiers","institutionRateAsOf":"2026-04-14","lastVerified":"2026-07-31","verification":"verified","sources":[{"name":"Quontic Bank Money Market page","url":"https://www.quontic.com/money-market-account/","role":"primary"},{"name":"Bankrate: Best Money Market Accounts","url":"https://www.bankrate.com/banking/money-market/rates/","role":"cross-check"}]},{"institution":"CFG Bank","product":"High Yield Money Market","apyPercent":3.8,"verifyString":"3.80","minToOpen":"$1,000","conditions":"$1,000 daily minimum to earn APY and avoid a $10 monthly fee","institutionRateAsOf":"2026-07-27","lastVerified":"2026-07-31","verification":"verified","sources":[{"name":"CFG Bank money market rate page","url":"https://www.cfg.bank/our-mma-deposit-rates/","role":"primary"},{"name":"Bankrate: Best Money Market Accounts","url":"https://www.bankrate.com/banking/money-market/rates/","role":"cross-check"}]}]},"bigBanks":{"criteria":{"moneyCenter":"The four U.S. money-center banks: JPMorgan Chase, Bank of America, Citibank, and Wells Fargo.","regional":"The largest U.S. regional banks by total assets (Federal Reserve ranking of large commercial banks): U.S. Bank, PNC, Truist, Capital One, TD Bank, Citizens, Fifth Third, and KeyBank.","statePresence":"Plus the five largest banks by deposit market share in Connecticut and in New York per the FDIC Summary of Deposits."},"sod":{"vintage":"deposits as of June 30, 2025","sourceName":"FDIC Summary of Deposits","sourceUrl":"https://banks.data.fdic.gov/bankfind-suite/SOD","retrieved":"2026-07-31, via the FDIC BankFind Suite API (branch deposits aggregated by institution and state)"},"exclusions":[{"institution":"The Bank of New York Mellon","reason":"among New York's five largest deposit holders, but a custody/institutional bank with no standard retail savings account"},{"institution":"Fifth Third Bank","reason":"a top-8 regional by assets, but its standard savings rate could not be verified against the bank's own published page at last check, so no figure is shown"},{"institution":"KeyBank","reason":"a top-8 regional by assets, but its standard savings rate could not be verified against the bank's own published page at last check, so no figure is shown"}],"rows":[{"institution":"JPMorgan Chase","product":"Chase Savings","apyPercent":0.01,"verifyString":"0.01","apyNote":"Applies to all balance tiers; relationship rates are the same 0.01% on this account.","tags":["money-center","ct-top5","ny-top5"],"ctSharePercent":4.9,"nySharePercent":35.7,"institutionRateAsOf":"2026-07-10","lastVerified":"2026-07-31","verification":"verified","autoCheck":false,"sources":[{"name":"Chase consumer deposit rate sheet (rates in effect July 10, 2026)","url":"https://www.chase.com/personal/savings/savings-account/interest-rates","role":"primary"},{"name":"Forbes Advisor: Chase savings account rates","url":"https://www.forbes.com/advisor/banking/savings/chase-savings-rates/","role":"cross-check"}]},{"institution":"Bank of America","product":"Advantage Savings","apyPercent":0.04,"verifyString":"0.04","apyNote":"Standard rate, all balance tiers, per the bank's state rate sheet (effective 2026-07-31); rate sheets are state-specific and can vary slightly by location.","tags":["money-center","ct-top5","ny-top5"],"ctSharePercent":23,"nySharePercent":4.9,"institutionRateAsOf":"2026-07-31","lastVerified":"2026-07-31","verification":"verified","autoCheck":false,"sources":[{"name":"Bank of America deposit rate sheet PDF (effective July 31, 2026)","url":"https://media.bac-assets.com/DigitalDeposit_MD.pdf","role":"primary"},{"name":"Arca savings comparison: Bank of America (as of July 30, 2026)","url":"https://arcasavings.com/compare/bank-of-america-savings","role":"cross-check"}]},{"institution":"Citibank","product":"Citi Savings","apyPercent":0.03,"verifyString":"0.03","apyNote":"Base tier; relationship tiers pay up to 0.12%. Citi publishes exact rates only behind a ZIP/market lookup; the higher-yield Citi Accelerate account is not offered in Citi's branch markets such as New York.","tags":["money-center"],"institutionRateAsOf":null,"lastVerified":"2026-07-31","verification":"verified","autoCheck":false,"sources":[{"name":"Bankrate: Citibank savings rates (updated March 2, 2026)","url":"https://www.bankrate.com/banking/savings/citibank-savings-rates/","role":"primary"},{"name":"Arca savings comparison: Citibank","url":"https://arcasavings.com/compare/citibank-savings","role":"cross-check"}]},{"institution":"Wells Fargo","product":"Way2Save Savings","apyPercent":0.01,"verifyString":"0.01","apyNote":"Flat rate on all balances. Wells Fargo publishes exact rates only behind a ZIP-code lookup; linked-account relationship rates on other products are excluded.","tags":["money-center"],"institutionRateAsOf":null,"lastVerified":"2026-07-31","verification":"verified","autoCheck":false,"sources":[{"name":"Arca savings comparison: Wells Fargo (as of July 30, 2026)","url":"https://arcasavings.com/compare/wells-fargo-savings","role":"primary"},{"name":"Bankrate: Wells Fargo savings rates (updated March 5, 2026)","url":"https://www.bankrate.com/banking/savings/wells-fargo-savings-rates/","role":"cross-check"}]},{"institution":"U.S. Bank","product":"Bank Smartly Savings","apyPercent":0.05,"verifyString":"0.05","apyNote":"Base rate without a linked checking relationship; relationship tiers can raise it. Rates are ZIP-personalized and may vary by region.","tags":["regional"],"institutionRateAsOf":"2026-07-31","lastVerified":"2026-07-31","verification":"verified","autoCheck":false,"sources":[{"name":"U.S. Bank Smartly Savings rates page (effective July 31, 2026)","url":"https://www.usbank.com/bank-accounts/savings-accounts/bank-smartly-savings/savings-account-interest-rates.html","role":"primary"},{"name":"Bankrate: U.S. Bank savings rates","url":"https://www.bankrate.com/banking/savings/us-bank-savings-rates/","role":"cross-check"}]},{"institution":"PNC Bank","product":"Standard Savings","apyPercent":0.02,"verifyString":"0.02","apyNote":"Base tier (under $2,500); 0.03% at $2,500+; relationship tiers run to 0.06%. Rates are ZIP-personalized and may vary by region.","tags":["regional"],"institutionRateAsOf":"2026-07-31","lastVerified":"2026-07-31","verification":"verified","autoCheck":false,"sources":[{"name":"PNC Standard Savings deposit rates (accurate as of July 31, 2026)","url":"https://www.pnc.com/en/personal-banking/banking/deposit-rates/standard-savings.html","role":"primary"},{"name":"Bankrate: PNC savings rates","url":"https://www.bankrate.com/banking/savings/pnc-bank-savings-rates/","role":"cross-check"}]},{"institution":"Truist","product":"Truist One Savings","apyPercent":0.01,"verifyString":"0.01","apyNote":"Same 0.01% at every published balance tier.","tags":["regional"],"institutionRateAsOf":null,"lastVerified":"2026-07-31","verification":"verified","autoCheck":true,"sources":[{"name":"Truist One Savings disclosures and fees","url":"https://www.truist.com/savings/truist-one-savings/disclosures-and-fees","role":"primary"},{"name":"Bankrate: Truist savings rates","url":"https://www.bankrate.com/banking/savings/truist-savings-rates/","role":"cross-check"}]},{"institution":"Capital One","product":"360 Performance Savings","apyPercent":3,"verifyString":"3.00","apyNote":"Capital One's mainline consumer savings is itself high-yield — flat rate on all balances, no minimums; there is no lower standard product.","tags":["regional"],"institutionRateAsOf":"2026-07-31","lastVerified":"2026-07-31","verification":"verified","autoCheck":false,"sources":[{"name":"Capital One 360 Performance Savings page (effective July 31, 2026)","url":"https://www.capitalone.com/bank/savings-accounts/online-performance-savings-account/","role":"primary"},{"name":"Bankrate: Capital One review (APY updated July 28, 2026)","url":"https://www.bankrate.com/banking/reviews/capital-one/","role":"cross-check"}]},{"institution":"TD Bank","product":"TD Simple Savings","apyPercent":0.02,"verifyString":"0.02","apyNote":"Flat rate on all balances; rates vary by location (checked with a Hartford, CT location).","tags":["regional","ct-top5"],"ctSharePercent":5,"institutionRateAsOf":"2026-07-31","lastVerified":"2026-07-31","verification":"verified","autoCheck":false,"sources":[{"name":"TD Simple Savings page (APY accurate as of July 31, 2026)","url":"https://www.td.com/us/en/personal-banking/savings-accounts/simple","role":"primary"},{"name":"GOBankingRates: TD Bank savings rates (February 10, 2026)","url":"https://www.gobankingrates.com/banking/savings-account/td-bank-savings-account-interest-rates/","role":"cross-check"}]},{"institution":"Citizens Bank","product":"One Deposit Savings","apyPercent":0.01,"verifyString":"0.01","apyNote":"Same 0.01% at every published balance tier; page is ZIP-dependent (checked with a Connecticut ZIP). Citizens' separate online-only Citizens Access brand pays more and is a different product.","tags":["regional"],"institutionRateAsOf":"2026-07-31","lastVerified":"2026-07-31","verification":"verified","autoCheck":false,"sources":[{"name":"Citizens One Deposit Savings rates page (accurate as of July 31, 2026)","url":"https://www.citizensbank.com/savings/savings-accounts/one-deposit-savings-rates.aspx","role":"primary"},{"name":"Bankrate: Citizens Bank savings rates (updated September 15, 2025)","url":"https://www.bankrate.com/banking/savings/citizens-bank-savings-rates/","role":"cross-check"}]},{"institution":"Webster Bank","product":"Personal Savings","apyPercent":0.01,"verifyString":"0.01","apyNote":"Same 0.01% across all published balance tiers. Webster also runs BrioDirect, a separate online-only brand with a much higher-yield savings product.","tags":["ct-top5"],"ctSharePercent":22.8,"institutionRateAsOf":"2026-07-31","lastVerified":"2026-07-31","verification":"verified","autoCheck":true,"sources":[{"name":"Webster Bank consumer deposit rates (effective July 31, 2026)","url":"https://www.websterbank.com/security/protect-yourself/disclosure-fees/consumer-deposit-rates/","role":"primary"},{"name":"GOBankingRates: Webster Bank review (older figure, matches)","url":"https://www.gobankingrates.com/banking/banking-reviews/webster-bank/","role":"cross-check"}]},{"institution":"M&T Bank","product":"Relationship Savings","apyPercent":0.01,"verifyString":"0.01","apyNote":"Single tier on published balances; rates can vary by region (checked with a New York ZIP).","tags":["ct-top5"],"ctSharePercent":11,"institutionRateAsOf":"2026-07-31","lastVerified":"2026-07-31","verification":"verified","autoCheck":false,"sources":[{"name":"M&T Bank Relationship Savings page (viewed July 31, 2026)","url":"https://www.mtb.com/personal/savings-and-cds/relationship-savings","role":"primary"},{"name":"WalletHub: M&T savings rate (updated June 24, 2026)","url":"https://wallethub.com/answers/sa/m-and-t-bank-savings-account-interest-rate-2140828904/","role":"cross-check"}]},{"institution":"Goldman Sachs Bank USA","product":"Marcus Online Savings","apyPercent":3.4,"verifyString":"3.40","apyNote":"No tiers or minimums; a separate 3-month referral rate boost is promotional and excluded.","tags":["ny-top5"],"nySharePercent":8.7,"institutionRateAsOf":"2026-07-31","lastVerified":"2026-07-31","verification":"verified","autoCheck":true,"sources":[{"name":"Marcus by Goldman Sachs Online Savings page (APY as of July 31, 2026)","url":"https://www.marcus.com/us/en/savings/high-yield-savings","role":"primary"},{"name":"Bankrate: Marcus review (APY updated July 28, 2026)","url":"https://www.bankrate.com/banking/reviews/marcus","role":"cross-check"}]},{"institution":"Morgan Stanley Private Bank","product":"Premium Savings (via E*TRADE)","apyPercent":3.5,"verifyString":"3.50","apyNote":"Standard base rate, open to the general public with no minimum; the advertised 4.00% is a 6-month promotional rate and is excluded.","tags":["ny-top5"],"nySharePercent":8.1,"institutionRateAsOf":"2026-07-31","lastVerified":"2026-07-31","verification":"verified","autoCheck":false,"sources":[{"name":"E*TRADE Premium Savings Account page (verified July 31, 2026)","url":"https://us.etrade.com/bank/premium-savings-account","role":"primary"},{"name":"Bankrate: Morgan Stanley Private review (as of July 31, 2026)","url":"https://www.bankrate.com/banking/reviews/morgan-stanley-private","role":"cross-check"}]}]},"summary":{"topSavingsApyPercent":3.95,"topMoneyMarketApyPercent":3.9,"topVerifiedApyPercent":3.95},"scenario":{"balance":50000,"currentApyPercent":0,"topApyPercent":3.95,"extraInterestFirstYear":1975,"extraInterestFirstYearFormatted":"$1,975","note":"Simple first-year difference before compounding and taxes. Rates are variable and change without notice.","scenarioUrl":"https://youarepayingtoomuch.com/savings-rates?balance=50000&current=0"}}