Bank · FDIC insured
Open Bank Savings Rates
Open Bank’s best savings rate is 0.15% APY on $10,000, with its Well-Being Money Market. Rates checked October 16, 2026.
How Open Bank’s savings rates compare
Compared with banks and credit unions near Los Angeles, CA, where Open Bank has the most branches. $10,000, best rate first.
This bank’s best
Open Bank
0.15%APY
- Requires
- None
- Minimum
- $1,000
- Earns on $10,000 a year
- $15
Well-Being Money Market
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
Nuvision Credit Union
4.50%APY
- Requires
- Monthly account activity
- Minimum
- —
- Earns on $10,000 a year
- $450
Open Bank savings score
68
Savings score
Higher than 20% of U.S. banks and credit unions
- $1,000 balance$1,0000.15%
- $10,000 balance$10,0000.15%
- $100,000 balance$100,0000.30%
- QualifiedQualified0.15%
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 Open 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.
Well-Being Money Market
0.15%APY
Rates and APYs are variable and can change daily after account opening. Offers tiered interest yield.
| Balance | APY | Earns on $10,000 a yearEarns | Requirement |
|---|---|---|---|
| Up to $10,000Rates and APYs are variable and can change daily after account opening. | 0.15% | — | Rates and APYs are variable and can change daily after account opening. |
| $10,000 – $50,000Rates and APYs are variable and can change daily after account opening. | 0.15% | $15 | Rates and APYs are variable and can change daily after account opening. |
| $50,000 – $100,000Rates and APYs are variable and can change daily after account opening. | 0.25% | — | Rates and APYs are variable and can change daily after account opening. |
| $100,000 – $250,000Rates and APYs are variable and can change daily after account opening. | 0.30% | — | Rates and APYs are variable and can change daily after account opening. |
| $250,000 – $500,000Rates and APYs are variable and can change daily after account opening. | 0.40% | — | Rates and APYs are variable and can change daily after account opening. |
| $500,000 – $1,000,000Rates and APYs are variable and can change daily after account opening. | 0.50% | — | Rates and APYs are variable and can change daily after account opening. |
| $1,000,000 – $3,000,000Rates and APYs are variable and can change daily after account opening. | 0.65% | — | Rates and APYs are variable and can change daily after account opening. |
| $3,000,000 and upRates and APYs are variable and can change daily after account opening. | 0.75% | — | Rates and APYs are variable and can change daily after account opening. |
Regular Savings
0.10%APY
Variable interest rate subject to change daily. Monthly maintenance service charge of $5.00 is waived when maintaining a minimum daily balance of $500.00 during each monthly statement cycle. A minimum daily balance of $0.01 is required to keep the account open and earn the stated APY. Interest compounds monthly and credits monthly on statement cycle date.
| BalanceRequirement | APY | Earns on $10,000 a yearEarns | Requirement |
|---|---|---|---|
| Over $0Requires a minimum opening balance of $100.00 and a minimum daily balance of $0.01 to earn the stated APY. The $5.00 monthly maintenance service charge is waived if a minimum daily balance of $500.00 is maintained during each monthly statement cycle.Over $0 | 0.10% | $10 | Requires a minimum opening balance of $100.00 and a minimum daily balance of $0.01 to earn the stated APY. The $5.00 monthly maintenance service charge is waived if a minimum daily balance of $500.00 is maintained during each monthly statement cycle. |
Sources (3)
- myopenbank.com/regular-savings…t-agreements-disclosures
- myopenbank.com/deposit-interest-rates
- myopenbank.com/deposits
All captured Sep 16, 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.