Bank · FDIC insured
Newtek Bank Savings Rates
A $2.5B bank headquartered in Miami, FL, with 1 branch in Florida. It opens accounts online nationwide.
How Newtek Bank’s savings rates compare
Compared with banks and credit unions nationwide. $10,000, best rate first.
Top rate
NET Credit Union
6.00%APY
- Requires
- Monthly account activity
- Earns on $10,000 a year
- $600
2nd-highest rate
Westerra Credit Union
6.00%APY
- Requires
- Another account
- Earns on $10,000 a year
- $600
3rd-highest rate
Heritage Hub Federal Credit Union
5.13%APY
- Requires
- None
- Earns on $10,000 a year
- $513
Every rate
Current savings rates
Rates from the bank’s website. Earnings assume the rate doesn’t change.
Closed to new customers
Personal High Yield Savings
4.20%APY
New applications are paused and on a waitlist; rate structure and service are maintained for existing savings clients. Up to 6 withdrawals or transfers permitted per statement cycle.
| BalanceRequirement | APY | Earns on $10,000 a yearEarns | Requirement |
|---|---|---|---|
| Over $0A minimum balance of $0.01 is required to earn interest. No minimum balance required to maintain account. No monthly service fees.Over $0 | 4.20% | $420 | A minimum balance of $0.01 is required to earn interest. No minimum balance required to maintain account. No monthly service fees. |
Sources (3)
All captured Oct 5, 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.