Bank
PayPal Savings Rates
PayPal’s best savings rate is 3.55% APY, with its PayPal Savings, with extra requirements. Rates checked October 26, 2026.
How PayPal’s savings rates compare
Compared with banks and credit unions nationwide. $10,000, best rate first.
This bank’s best
PayPal
3.55%APY
- Requires
- Conditions apply
- Minimum
- $0
- Earns on $10,000 a year
- $355
PayPal Savings
Top rate
Service Credit Union
10.00%APY
- Requires
- None
- Minimum
- $0
- Earns on $10,000 a year
- $1,000
2nd-highest rate
NET Credit Union
6.00%APY
- Requires
- Monthly account activity
- Minimum
- —
- Earns on $10,000 a year
- $600
Every rate
Current savings rates
Rates from the bank’s website. Earnings assume the rate doesn’t change.
PayPal Savings
3.55%APY
Provided by Synchrony Bank, Member FDIC. A PayPal Balance account is required to use PayPal Savings. Free to set up with no minimums and no monthly fees.
| BalanceRequirement | APY | Earns on $10,000 a yearEarns | Requirement |
|---|---|---|---|
| Any balanceVariable rate that can change at any time, including after the account is opened. A PayPal Balance account is required to use PayPal Savings.Any balance | 3.55% | $355 | Variable rate that can change at any time, including after the account is opened. A PayPal Balance account is required to use PayPal Savings. |
Sources (2)
All captured Oct 26, 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.