Bank · FDIC insured
Classic Bank Savings Rates
Classic Bank’s best savings rate is 0.50% APY on $10,000, with its Money Market Account. Rates checked October 16, 2026.
How Classic Bank’s savings rates compare
Compared with banks and credit unions near Austin, TX, where Classic Bank has the most branches. $10,000, best rate first.
This bank’s best
Classic Bank
0.50%APY
- Requires
- None
- Minimum
- $2,500
- Earns on $10,000 a year
- $50
Money Market Account
Top rate
Woori America Bank
5.00%APY
- Requires
- Monthly account activity
- Minimum
- $1,000
- Earns on $10,000 a year
- $500
2nd-highest rate
Nizari Credit Union
4.00%APY
- Requires
- None
- Minimum
- —
- Earns on $10,000 a year
- $400
Classic Bank savings score
79
Savings score
Higher than 48% of U.S. banks and credit unions
- $1,000 balance$1,0000.40%
- $10,000 balance$10,0000.50%
- $100,000 balance$100,0000.50%
- QualifiedQualified0.50%
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 Classic Bank 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.
Money Market Account
0.50%APY
Earn competitive interest on balances of $2,500 or more. Avoid the $15 monthly service charge by maintaining a $2,500 minimum daily balance. Limit of six transactions per statement cycle without penalty ($7.50 service charge per withdrawal in excess of six during a statement cycle). Printed and mailed account statements are subject to a $3.00 fee per account, per statement cycle.
| BalanceRequirement | APY | Earns on $10,000 a yearEarns | Requirement |
|---|---|---|---|
| $2,500 and upAvoid the $15 monthly service charge by maintaining a $2,500 minimum daily balance.$2,500 and up | 0.50% | $50 | Avoid the $15 monthly service charge by maintaining a $2,500 minimum daily balance. |
Special-purpose accounts
Minor Savings
0.40%APY
Available to minors under 18 years of age. Upon turning 18, converts to Statement Savings Account. Printed/mailed statements fee is $3.00 per account per statement cycle.
| BalanceRequirement | APY | Earns on $10,000 a yearEarns | Requirement |
|---|---|---|---|
| $100 and upEarn competitive interest on monthly balances of $100 or more. Limit of six transactions per month without penalty. Free digital banking services.$100 and up | 0.40% | $40 | Earn competitive interest on monthly balances of $100 or more. Limit of six transactions per month without penalty. Free digital banking services. |
Statement Savings
0.40%APY
$3 monthly service charge imposed every quarterly statement cycle if account falls below $500 minimum daily balance on any day of the cycle (does not apply to minors under 18). Printed/mailed statements fee is $3.00 per account per statement cycle. Excessive withdrawal service charge of $3 for each withdrawal in excess of six per month.
| BalanceRequirement | APY | Earns on $10,000 a yearEarns | Requirement |
|---|---|---|---|
| $500 and upEarn competitive interest on monthly balances of $500 or more. Avoid $3 monthly service charge by maintaining a $500 minimum daily balance. Limit of six transactions per month without penalty. Free digital banking services.$500 and up | 0.40% | $40 | Earn competitive interest on monthly balances of $500 or more. Avoid $3 monthly service charge by maintaining a $500 minimum daily balance. Limit of six transactions per month without penalty. Free digital banking services. |
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.