Best Savings Rates & Money Market Accounts – 2026

Find which banks have the best savings account and money market accounts with high interest rates! Find the highest savings interest rates and open an account today.

Update 9/19/25: We’ve updated our list with the latest bank rates.

In addition to this list, you will be able to find and select the best savings accounts suitable for your needs. All accounts, such as checking accounts, savings accounts, CDs, and money market accounts each have different benefits, and thus different interest rates.

All of the banks listed are FDIC insured, so you can feel at ease as you know your money is secured and earning the highest possible interest rate in a safe environment. Be sure to familiarize yourself with the terms and conditions with each account in order to obtain the highest rate!

Best Savings Accounts

The following rates are better than what most traditional banking institutions can offer. Accounts from Discover Bank and CIT Bank are all available online and nationwide.

Best Nationwide Bank Rates

Savings Accounts vs. Money Market Accounts

You’ve probably never heard about a Money Market account (MMA) before. Most people already have a good idea of what a traditional Savings account is. Both are very similar and most banks will offer both types of accounts. Here’s a summary of key similarities and differences:

While minimum balance requirements vary, most banks with the best rates keep the rates fairly competitive between both accounts. Though, MMAs from the same bank won’t always have better rates than its Savings account.

Putting aside interest rates, another main factor in deciding which one to have is how you’ll access your funds. For example, MMAs have more options. Many consider MMAs to be more of a hybrid between a checking & savings account due to its limited checking capabilities. Be mindful that many banks limit you on the amount of check writings per month. Both a Savings and Money Market account are limited by the Federal Reserve on the total number of transactions a month.

Money Market accounts are more flexible in case of emergency and Savings accounts are better for long-term. If the primary reason you’re opening an account is to hold your savings and earn interest, go ahead and select the account with the best rates. To receive certain rates, you must meet any minimum balance or other requirements.

Where To Get The Best Interest Rates

Online banks offer the best of the best. When comparing all the best rates from credit unions, local/national traditional banks with online banks, they just can’t compete with the rates provided by online banks. Credit unions and traditional banks operate through brick-and-mortar locations and accumulate more overhead costs.

Online banking is definitely trending and on the rise. Therefore, more consumers are taking advantage of the benefits. A good handful of consumers are unaware about the higher rates offered by online banks or are simply more comfortable with their local banks.

There’s no need to worry about deposit security concerns. All the banks listed on this page are FDIC-insured.

A majority, if not all of these online banks, have been around for years or decades. Many are actually just the online division of a bigger, established banking group. Start browsing around at the rates provided by online banks and compare them to your local physical banks. You’ll find that online banks offer you better accounts — checking, certificate of deposits, IRAs, etc. Typically, the best rates are offered by online banks that are available nationwide.