Credit union · NCUA insured
PenFed Credit Union Savings Rates
Top CarrotPenFed Credit Union’s best savings rate is 2.70% APY on $10,000, with its Premium Online Savings Account. Rates checked October 22, 2026.
How PenFed Credit Union’s savings rates compare
Compared with banks and credit unions near Washington, DC-VA-MD-WV, where PenFed Credit Union has the most branches. $10,000, best rate first.
This credit union’s best
PenFed Credit Union
2.70%APY
- Requires
- None
- Minimum
- $5
- Earns on $10,000 a year
- $270
Premium Online Savings 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
HSBC USA
4.40%APY
- Requires
- Monthly account activity
- Minimum
- —
- Earns on $10,000 a year
- $440
PenFed Credit Union savings score
89
Savings score
Higher than 90% of U.S. banks and credit unions
- $1,000 balance$1,0002.70%
- $10,000 balance$10,0002.70%
- $100,000 balance$100,0002.70%
- QualifiedQualified2.70%
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 PenFed Credit Union ranks
By savings score, in each area where it has branches
Every rate
Current savings rates
Rates from the credit union’s website. Earnings assume the rate doesn’t change.
Premium Online Savings Account
2.70%APY
Must become a member of PenFed Credit Union. Account holders must agree to electronic delivery of account opening disclosures and monthly statements.
| Balance | APY | Earns on $10,000 a yearEarns |
|---|---|---|
| Any balance | 2.70% | $270 |
Money Market Savings Account
0.05%APY
| Balance | APY | Earns on $10,000 a yearEarns |
|---|---|---|
| Up to $10,000 | 0.05% | $5 |
| $10,000 – $99,999 | 0.05% | $5 |
| $100,000 and up | 0.05% | — |
Sources (1)
- penfed.org/current-rates · captured Oct 15, 2026
Regular Share Account
0.01%APY
Must become a member of PenFed Credit Union with a $5 savings deposit. Online opening requires agreement to electronic delivery of disclosures and statements.
| Balance | APY | Earns on $10,000 a yearEarns |
|---|---|---|
| Any balance | 0.01% | $1 |
Special-purpose accounts
IRA Premier Account
0.01%APY
| Balance | APY | Earns on $10,000 a yearEarns |
|---|---|---|
| Up to $10,000 | 0.01% | — |
| $10,000 and up | 0.01% | $1 |
Sources (1)
- penfed.org/current-rates · captured Oct 15, 2026
IRA Share Account
0.01%APY
Available as Traditional, Roth, or SEP IRA. Puerto Rico members must verify earned income eligibility under US tax code.
| Balance | APY | Earns on $10,000 a yearEarns |
|---|---|---|
| Any balance | 0.01% | $1 |
Who can join PenFed Credit Union
This may be incomplete or out of date, so check with the credit union before you apply.
Open to anyone
- Membership is open to everyone nationwide.
Membership information collected October 4, 2026.