Bank · FDIC insured
BankFive Savings Rates
BankFive’s best savings rate is 0.60% APY on $10,000, with its eAccess Savings Account. Rates checked October 15, 2026.
How BankFive’s savings rates compare
Compared with banks and credit unions near Providence, RI-MA, where BankFive has the most branches. $10,000, best rate first.
This bank’s best
BankFive
0.60%APY
- Requires
- None
- Minimum
- $10
- Earns on $10,000 a year
- $60
eAccess Savings Account
Top rate
St. Anne's Credit Union
4.95%APY
- Requires
- None
- Minimum
- $2,500
- Earns on $10,000 a year
- $495
2nd-highest rate
Alltrust Credit Union
4.00%APY
- Requires
- Monthly account activity
- Minimum
- $25
- Earns on $10,000 a year
- $400
BankFive savings score
82
Savings score
Higher than 59% of U.S. banks and credit unions
- $1,000 balance$1,0000.60%
- $10,000 balance$10,0000.60%
- $100,000 balance$100,0002.68%
- QualifiedQualified0.60%
Each track runs from the lowest to the highest rate among U.S. banks and credit unions; the dot is this rate.Qualified: needs another account or monthly activity.
Where BankFive ranks
By savings score, in each area where it has branches
Every rate
Current savings rates
Rates from the bank’s website. Earnings assume the rate doesn’t change.
Accelerator Money Market
2.68%APY
Rate is variable and based on the one-month FHLB (Federal Home Loan Bank Boston) interest rate, as quoted on the last day of the month, minus a margin of 1.50%, adjusted on the first day of each month. Maximum deposit of $2.0MM. Account continues to earn interest until balance exceeds $2.5MM; balances over $2.5MM will not earn interest.
| BalanceRequirement | APY | Earns on $10,000 a yearEarns | Requirement |
|---|---|---|---|
| $25,000 – $2,500,000Must maintain a minimum daily balance of $25,000.00 each day to obtain disclosed APY. Balances over $2.5MM will not earn interest.$25,000 – $2,500,000 | 2.68% | — | Must maintain a minimum daily balance of $25,000.00 each day to obtain disclosed APY. Balances over $2.5MM will not earn interest. |
Sources (2)
- bankfive.com/personal/resource…ures/account-disclosures
- bankfive.com/personal/resource…s/personal-deposit-rates
All captured Oct 5, 2026
eAccess Savings Account
0.60%APY
Internet-only savings account. In-branch transactions/services are $5.00 per visit.
| BalanceRequirement | APY | Earns on $10,000 a yearEarns | Requirement |
|---|---|---|---|
| $10 and upMinimum balance to open and earn disclosed APY is $10.00; in-branch banking fee of $5.00 per visit.$10 and up | 0.60% | $60 | Minimum balance to open and earn disclosed APY is $10.00; in-branch banking fee of $5.00 per visit. |
Sources (2)
- bankfive.com/personal/resource…ures/account-disclosures
- bankfive.com/personal/resource…s/personal-deposit-rates
All captured Oct 5, 2026
High Option Money Market
0.10%APY
| Balance | APY | Earns on $10,000 a yearEarns | Requirement |
|---|---|---|---|
| $100 – $5,000Tier 4: Applies to daily balance of $100.00 to $4,999.99. Rate is paid on the entire balance in the account. | 0.10% | — | Tier 4: Applies to daily balance of $100.00 to $4,999.99. Rate is paid on the entire balance in the account. |
| $5,000 – $25,000Tier 3: Applies to daily balance of $5,000.00 to $24,999.99. Rate is paid on the entire balance in the account. | 0.10% | $10 | Tier 3: Applies to daily balance of $5,000.00 to $24,999.99. Rate is paid on the entire balance in the account. |
| $25,000 – $50,000Tier 2: Applies to daily balance of $25,000.00 to $49,999.99. Rate is paid on the entire balance in the account. | 0.10% | — | Tier 2: Applies to daily balance of $25,000.00 to $49,999.99. Rate is paid on the entire balance in the account. |
| $50,000 and upTier 1: Applies to daily balance of $50,000.00 or more. Rate is paid on the entire balance in the account. | 0.15% | — | Tier 1: Applies to daily balance of $50,000.00 or more. Rate is paid on the entire balance in the account. |
Lucky Piggy Savings Account
0.05%APY
Must be 18 years of age or older and a legal resident of Massachusetts. One penalty-free withdrawal per month; $5.00 withdrawal service charge for second and third withdrawals; fourth withdrawal forfeits monthly drawing eligibility.
| Balance | APY | Earns on $10,000 a yearEarns |
|---|---|---|
| $25 and up | 0.05% | $5 |
Sources (1)
- bankfive.com/personal/resource…ures/account-disclosures · captured Oct 15, 2026
Statement Savings
0.05%APY
Minimum balance to avoid $1.00 monthly fee is $10.00; minimum balance to earn interest/obtain APY is $100.00.
| Balance | APY | Earns on $10,000 a yearEarns |
|---|---|---|
| $100 and up | 0.05% | $5 |
Sources (2)
- bankfive.com/personal/resource…ures/account-disclosures
- bankfive.com/personal/resource…s/personal-deposit-rates
All captured Oct 15, 2026
Special-purpose accounts
The Nickels Savings Account for Kids
0.10%APY
Available to children age 12 and under. Nickels Savings account can be opened at any branch location, but not online.
| BalanceRequirement | APY | Earns on $10,000 a yearEarns | Requirement |
|---|---|---|---|
| $10 and upAvailable to children age 12 and under; minimum opening deposit is $5.00; minimum balance to earn interest/obtain APY is $10.00.$10 and up | 0.10% | $10 | Available to children age 12 and under; minimum opening deposit is $5.00; minimum balance to earn interest/obtain APY is $10.00. |
Sources (1)
- bankfive.com/personal/resource…s/personal-deposit-rates · captured Oct 15, 2026
Student Savings
0.05%APY
Available to students ages 14-26. Automatically converts to eAccess Savings upon 27th birthday.
| BalanceRequirement | APY | Earns on $10,000 a yearEarns | Requirement |
|---|---|---|---|
| $10 and upAvailable to students ages 14-26; no monthly maintenance fee.$10 and up | 0.05% | $5 | Available to students ages 14-26; no monthly maintenance fee. |
Opening an account
Confirm the bank’s opening requirements and whether the account is available where you live. A nearby branch does not establish eligibility for every rate.