Compare Bank & Credit Union Rates
Best savings rates in Chicago, IL
Compare published savings yields, money market accounts included, with minimums, requirements, collection dates and original sources.
Top savings rates
Showing 1–15 results in Chicago, IL
- Justice Federal Credit UnionFreedom Direct SavingsSavings · $0 min · 0.15%–4.00% by balance
Credit union · 1 branch
4.00%APY$400 a year on $10,000with conditionsRequirements
Product: One Freedom Direct Savings per Justice Federal membership. No monthly service fees and no minimum balance requirement. No minimum opening deposit. Variable rate account.
Offer: Qualifying rate requires direct deposit(s) of at least $500.00 to a Freedom Direct, Justice National, Beyond the Badge or Student checking account during a month.
Qualified rate · 3.94% interest rate · No monthly fee · Effective Oct 1, 2026
Rate by balance
Rate by balance for Freedom Direct Savings Balance APY Up to $25,000Your amount 4.00% Over $25,000 0.15% Rate checked
More details - 3.82%APY$382 a year on $10,000
Requirements
Product: Limited to $1,000,000.00 per account type per household or controlled entity.
Offer: APY is paid on the entire balance.
0.00% interest rate · Effective Jun 3, 2026
Rate by balance
Rate by balance for Money Market Balance APY Up to $2,500 0.00% $2,500 and upYour amount 3.82% Rate checked
More details - 3.82%APY$382 a year on $10,000
3.75% interest rate · Effective Jun 3, 2026
Rate checked
More details - 3.80%APY$380 a year on $10,000
Requirements
Product: Open online; individual or joint account. Must be a U.S. citizen or permanent resident, 18 years or older with U.S. residential address (no P.O. Box). Funded via ACH from a single linked account.
Offer: Earns 3.80% APY on all balances over $0.01. Interest accrues daily, compounds monthly, and is paid monthly. No account fees.
No monthly fee · Effective Jan 8, 2026
Rate checked
More details - 3.75%APY$375 a year on $10,000
Requirements
Product: Applicants must have a current U.S. home address (excluding U.S. territories, with the exception of Puerto Rico), a U.S. SSN, a valid U.S. driver's license or state ID, and be 18 years of age or older. Individual and joint ownership offered. Max deposit limit of $1,000,000.
Offer: Variable rate; interest compounded and credited monthly. Must maintain a minimum balance of $0.01 each day to obtain disclosed APY. Initial deposit must be between $1,000 and $250,000 made via internal transfer or external ACH debit.
3.69% interest rate · Balance cap $1,000,000 · No monthly fee · Effective Sep 22, 2026
Rate checked
More details - 3.55%APY$355 a year on $10,000with conditions
Requirements
Product: Open through eBranch. Available to individual members (Business Accounts are not eligible). No minimum deposit or balance required. No monthly fee. Funds can be transferred to/from Power Checking (transfers to other accounts not permissible). Funds may not be used for overdraft protection. Accounts closed before end of month forgo interest. Member Service-assisted transactions incur a fee.
Offer: Four-Star Award: Meet requirements for preceding level (maintain Power Checking Account, use VISA Debit Card for at least 4 purchases/month, sign up for eDocs) and make at least 3 bill payments per month using ePay Bill Pay. Also gets ePay for free.
Qualified rate · 3.50% interest rate · No monthly fee · Effective Apr 15, 2026
Rate checked
More details - 3.50%APY$350 a year on $10,000with conditions
Requirements
Product: Open a free Kasasa Cash checking account to be eligible. Kasasa Cash interest and ATM fee refunds automatically swept into Kasasa Saver. No minimum balance to earn rewards. Limited to 6 preauthorized/automatic transfers per statement cycle. Rate may change without notice.
Offer: When Kasasa Cash qualifications are not met, paid on the entire balance.
Qualified rate · 0.02% interest rate · Effective Sep 19, 2025
Rate by balance
Rate by balance for Kasasa Saver Balance APY Any balance 0.02% Up to $100,000Your amountWhen monthly Kasasa Cash qualifications are met (Tier 1). 3.50% Rate checked
More details - Huntington BankHuntington Relationship SavingsSavings · $100 min · 0.06%–3.25% by balance
Bank · 32 branches
3.25%APY$325 a year on $10,000with conditionsRequirements
Product: Monthly maintenance fee of $10 waived with an average daily balance of $2,500 or when you also own a Huntington personal checking account. Minimum opening deposit is $100. Higher relationship rates available when linked with qualifying checking accounts. Rates are specific to ZIP code 43215.
Offer: Promotional Rate with open Private Client Account; requires new money to Huntington. Rate applies to ZIP code 43215.
Qualified rate · 0.06% interest rate · $10 monthly fee · Effective Oct 5, 2026
Rate by balance
Rate by balance for Huntington Relationship Savings Balance APY Up to $5,000 0.06% $5,000 – $2,000,001Your amountPromotional Rate with open Huntington Perks Checking account; 3.25% $2,000,001 – $100,000,000,000Bank reserves the right to limit acceptance of deposits greater than $2,000,000.00. 0.06% Rate checked
More details - International Bank of ChicagoMoney Market AccountMoney Market Account · $2,500 min · 2.20%–4.00% by balance
Bank · 2 branches
3.20%APY$320 a year on $10,000intro rateRequirements
Product: Opening balance $2,500. Monthly maintenance fee $15, waived with $2,500 minimum balance.
Offer: Monthly maintenance fee $15 waived with $2,500 minimum balance. Interest credited monthly.
Promotional rate · 2.18% interest rate · $15 monthly fee · Effective Sep 21, 2026
Rate by balance
Rate by balance for Money Market Account Balance APY $2,500 – $10,000 2.20% $10,000 – $99,999Your amountPromotional rate for customers opening new accounts at branches in Illinois. No interest earned and a fee of $15.00 imposed if balance falls below $2,500. 3.20% $100,000 – $249,999Promotional rate for customers opening new accounts at branches in Illinois. No interest earned and a fee of $15.00 imposed if balance falls below $2,500. 3.70% $250,000 and upPromotional rate for customers opening new accounts at branches in Illinois. Rate guaranteed through 06/30/2027. No interest earned and a fee of $15.00 imposed if balance falls below $2,500. 4.00% Rate checked
More details - Associated BankAssociated Select Money MarketAssociated Select Money Market · $1,000 min
Bank · 4 branches
3.20%APY$320 a year on $10,000with conditionsRequirements
Product: Features tiered interest rates and enhanced rate tiers when combined with qualifying Associated Choice Checking relationship tiers (Platinum Choice, Emerald Choice, Emerald Private Choice). Monthly maintenance fee of $16 is waived with a minimum daily balance of $1,000.
Offer: Emerald Private Choice enhanced rate tier. Requires meeting and maintaining Emerald Private Choice benefit tier qualifications on an Associated Choice Checking account. $16 monthly maintenance fee waived with a minimum daily balance of $1,000.
Qualified rate · 3.15% interest rate · $16 monthly fee · Effective Oct 5, 2026
Rate checked
More details - Huntington BankHuntington Relationship SavingsSavings · $100 min · 0.02%–3.15% by balance
Bank · 32 branches
3.15%APY$315 a year on $10,000with conditionsRequirements
Product: Monthly maintenance fee of $10 waived with an average daily balance of $2,500 or when you also own a Huntington personal checking account. Minimum opening deposit is $100. Higher relationship rates available when linked with qualifying checking accounts. Rates are specific to ZIP code 43215.
Offer: Promotional Rate with open Huntington Perks Checking account; requires new money to Huntington. Rate applies to ZIP code 43215.
Qualified rate · 0.02% interest rate · $10 monthly fee · Effective Oct 5, 2026
Rate by balance
Rate by balance for Huntington Relationship Savings Balance APY Up to $5,000 0.02% $5,000 – $2,000,001Your amountNon-Relationship Promotional Rate; 3.15% $2,000,001 – $100,000,000,000Bank reserves the right to limit acceptance of deposits greater than $2,000,000.00. 0.02% Rate checked
More details - 3.10%APY$310 a year on $10,000
Requirements
Product: Must be opened online with New Money (defined as funds not currently on deposit with Byline Bank). A minimum daily balance of $5,000 is required to avoid a $25 monthly service fee (waived on the first statement cycle). Available to Illinois and Wisconsin residents for new online customers.
Offer: Must be opened online with new funds only. $25 monthly service fee if daily balance falls below $5,000 (waived on first statement cycle). Compounded and paid monthly.
3.06% interest rate · $25 monthly fee · Effective Sep 29, 2026
Rate checked
More details - 3.05%APY$305 a year on $10,000
Requirements
Product: Rates accurate as of September 1st, 2026. Rates other than Certificates of Deposit may vary after the account is opened. Fees may reduce earnings.
Effective Sep 1, 2026
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More details - 3.02%APY$302 a year on $10,000
Requirements
Product: Available exclusively online. Account must be funded with money not currently on deposit with Republic Bank of Chicago. Monthly maintenance fee of $25 is assessed if balance falls below $2,500.
Offer: Account must be funded with new money not currently on deposit with Republic Bank of Chicago. Monthly maintenance fee of $25 waived with minimum daily balance of $2,500.
$25 monthly fee
Rate checked
More details - 3.00%APY$300 a year on $10,000
Requirements
Product: Available in select markets/states to applicants with qualifying residential address. Monthly service fee is waived for accounts with a linked Citi checking account, an average monthly balance of $500 or more, or enrollment in Citi Priority, Citigold, or Citigold Private Client relationship tiers. Accounts with a zero balance for 90 calendar days are subject to closure.
Offer: Everyday Benefits tier. Rates apply to ZIP 57108 (OUT pricing region). $4.50 monthly fee waived with $500+ average monthly balance or linked Citi checking account.
2.96% interest rate · $4.50 monthly fee
Rate checked
More details
Carrot Score rates each institution on all its CD, savings, auto loan and credit card rates, not just the account shown. How we rank
What savings accounts pay in Chicago, IL
152 accounts at 56 banks and credit unions · checked Oct 16–22
- Typical
- 0.20%
- Top 10% from
- 2.93%
- Banks, typical
- 0.12%
- Credit unions, typical
- 0.25%
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Chicago, IL-IN metro
Top Carrot institutions
Ranked across their CDs, savings, auto loans and credit cards. How scores work
- Acme Continental Credit UnionCredit union · 1 branch
- Whiting Refinery Federal Credit UnionCredit union · 1 branch
- American Airlines Federal Credit UnionCredit union · 4 branches