Bank · FDIC insured
Better Banks Savings Rates
Better Banks’s best savings rate is 0.10% APY on $10,000, with its Better Savings. Rates checked October 16, 2026.
How Better Banks’s savings rates compare
Compared with banks and credit unions near Peoria, IL, where Better Banks has the most branches. $10,000, best rate first.
This bank’s best
Better Banks
0.10%APY
- Requires
- None
- Minimum
- $100
- Earns on $10,000 a year
- $10
Better Savings
Top rate
INB
3.45%APY
- Requires
- Monthly account activity
- Minimum
- $50
- Earns on $10,000 a year
- $345
2nd-highest rate
CEFCU
2.40%APY
- Requires
- None
- Minimum
- $2,500
- Earns on $10,000 a year
- $240
Better Banks savings score
64
Savings score
Higher than 10% of U.S. banks and credit unions
- $1,000 balance$1,0000.10%
- $10,000 balance$10,0000.10%
- $100,000 balance$100,0000.10%
- QualifiedQualified0.10%
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 Better Banks 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.
Better Savings
0.10%APY
Interest compounded quarterly. $5 quarterly fee waived with $100 minimum balance. 12 free withdrawals per quarter; $1 per withdrawal thereafter. $25 fee if account closed within 90 days.
| BalanceRequirement | APY | Earns on $10,000 a yearEarns | Requirement |
|---|---|---|---|
| Any balanceInterest compounded quarterly. $5 quarterly fee waived with $100 minimum balance. 12 free withdrawals per quarter; $1 per withdrawal thereafter. $25 fee if account closed within 90 days.Any balance | 0.10% | $10 | Interest compounded quarterly. $5 quarterly fee waived with $100 minimum balance. 12 free withdrawals per quarter; $1 per withdrawal thereafter. $25 fee if account closed within 90 days. |
Sources (2)
All captured Oct 6, 2026
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.