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 16–30 results in Chicago, IL
- International Bank of ChicagoMoney Market AccountMoney Market Account · $10,000 min · 2.95%–3.75% by balance
Bank · 2 branches
2.95%APY$295 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 · 2.91% interest rate · $15 monthly fee · Effective Sep 21, 2026
Rate by balance
Rate by balance for Money Market Account Balance APY $10,000 – $100,000Your amount 2.95% $100,000 – $250,000 3.45% $250,000 and up 3.75% Rate checked
More details - Republic Bank of ChicagoPower Index Money MarketPower Index Money Market · $10,000 min · 0.00%–2.77% by balance
Bank · 6 branches
2.77%APY$277 a year on $10,000Requirements
Product: Minimum daily balance to obtain stated APY and avoid $30 maintenance fee is $10,000.
0.00% interest rate · $30 monthly fee · Effective Sep 23, 2026
Rate by balance
Rate by balance for Power Index Money Market Balance APY Up to $10,000 0.00% $10,000 and upYour amount 2.77% Rate checked
More details - 2.60%APY$260 a year on $10,000
Requirements
Product: A maintenance charge of $5.00 will be imposed every statement cycle if the average daily balance for the statement cycle falls below $500.
Offer: Monthly maintenance charge of $5 waived when average daily balance for the statement cycle is $500 or more.
$5 monthly fee · Effective Dec 11, 2025
Rate by balance
Rate by balance for Simple Money Market Balance APY Up to $10,000 0.05% $10,000 – $100,000Your amount 2.60% $100,000 and up 2.80% Rate checked
More details - 2.50%APY$250 a year on $10,000
Requirements
Product: Rate and APY are variable and may change after the account is opened. Fees may reduce earnings on the account.
Offer: The APY is based upon the interest rate and balance of $2,000.00.
2.47% interest rate
Rate checked
More details - 2.25%APY$225 a year on $10,000
Requirements
Product: Limited withdrawals and minimum monthly deposits of $10 are required with this account. Fees may reduce earnings on accounts. Interest will be forfeited if account is closed before accrued interest is posted.
Offer: Minimum balance to earn interest is $100.
0.00% interest rate · Effective Oct 16, 2026
Rate by balance
Rate by balance for Goal Saver Balance APY Up to $100 0.00% $100 – $1,000 1.75% $1,000 – $2,500 2.00% $2,500 – $5,000 2.15% $5,000 – $10,000 2.20% $10,000 – $25,000Your amount 2.25% $25,000 – $100,000 2.40% $100,000 – $250,000 2.50% $250,000 and up 3.00% Rate checked
More details - 2.20%APY$220 a year on $10,000
No monthly fee
Rate by balance
Rate by balance for Simple Savings Balance APY Up to $50,000Your amount 2.20% $50,000 and up 2.70% Rate checked
More details - 2.12%APY$212 a year on $10,000
Requirements
Product: All share accounts are variable rate accounts. Member must maintain $5 par value.
Offer: Variable rate. Member must maintain $5 par value. $5 monthly below-balance fee waived with a daily balance of $500 or more.
2.10% interest rate · $5 monthly fee · Effective Oct 1, 2026
Rate checked
More details - 2.00%APY$200 a year on $10,000
Requirements
Product: Must be New Money not on deposit with Credit Union 1 within the last 12 months and transferred from a different financial institution. No CU1 to CU1 balance transfers permitted.
Offer: Must be New Money deposited into the account. No minimum deposit to open and no monthly maintenance fees. Minimum balance of $1 to earn dividends. Dividends paid on the last day of the month and compounded monthly.
1.98% interest rate · Compounded monthly · No monthly fee · Effective Oct 1, 2026
Rate checked
More details - Beverly Bank & Trust Company, N.A.Statement Savings Advanced SpecialSavings · $0 min
Bank · 6 branches
2.00%APY$200 a year on $10,000Requirements
Product: Variable rate. Offer subject to change without notice. Requires depositing new money (money not currently held at any WTFC/Wintrust Financial Corporation location) at account opening, and mentioning offer during in-branch opening or visiting URL provided. Available to existing or closed savings account customers of WTFC & its subsidiaries or employees. Combinable with any WTFC checking offer, but not with a Statement Savings deposit bonus offer. APY not available at all locations. $5 monthly maintenance fee avoided with a $200 daily balance.
Offer: Variable rate. Requires new money deposited at account opening and qualifying activities. Minimum daily balance of $0.01 required to obtain APY. $200 daily balance to avoid $5 monthly maintenance fee.
$5 monthly fee · Effective Feb 27, 2026
Rate checked
More details - 2.00%APY$200 a year on $10,000intro rate
Requirements
Product: Open new Statement Savings Advanced account; mention offer during in-branch opening or visit URL; deposit new money (money not currently held at WTFC/Wintrust Financial Corporation) at account opening. Available to existing or closed savings account customers of Wintrust Financial Corporation & its subsidiaries or employees. Combinable with any WTFC checking offer, but not with a Statement Savings deposit bonus offer. APY not available at all locations.
Offer: With qualifying activities. Variable rate. Minimum daily balance of $0.01 required to obtain APY. $200 daily balance to avoid a $5 monthly maintenance fee. New money only.
Promotional rate · $5 monthly fee · Effective Feb 27, 2026
Rate checked
More details - 2.00%APY$200 a year on $10,000with conditions
Requirements
Product: Opening deposit of at least $25 required. Monthly maintenance fee of $5 is waived for owners of a U.S. Bank Smartly Checking account, Safe Debit account, U.S. Bank Smartly Visa Signature Card, or accounts with a minor under age 18. Relationship rates require maintaining an eligible qualifying product and vary by Combined Qualifying Balance (CQB).
Offer: Relationship rate for Combined Qualifying Balance (CQB) under $5,000. Requires an eligible open and in-good-standing account (U.S. Bank Smartly Checking, Safe Debit, or U.S. Bank Smartly Visa Signature Card).
Qualified rate · 1.00% interest rate · $5 monthly fee · Effective Oct 5, 2026
Rate by balance
Rate by balance for U.S. Bank Smartly Savings Balance APY Up to $5,000 1.00% $5,000 – $25,000Your amount 2.00% $25,000 – $50,000 3.50% $50,000 – $100,000 3.50% $100,000 – $99,999,999,999 3.50% Rate checked
More details - 2.00%APY$200 a year on $10,000with conditions
Requirements
Product: Variable rate account. Monthly maintenance fee of $5 is waived for owners of a Bank Smartly Checking account, Safe Debit account, Bank Smartly Visa Signature Card, or accounts with a minor under age 18. Higher relationship rates require maintaining an eligible product (Bank Smartly Checking, Safe Debit account, or Bank Smartly Visa Signature Card) and are determined by Combined Qualifying Balance (CQB).
Offer: Relationship rate for CQB Under $5,000. Requires qualifying relationship product.
Qualified rate · 1.00% interest rate · $5 monthly fee · Effective Oct 5, 2026
Rate by balance
Rate by balance for Bank Smartly Savings Balance APY Up to $5,000 1.00% $5,000 – $25,000Your amountRelationship rate for CQB $5,000 to $24,999.99. 2.00% $25,000 – $50,000Relationship rate for CQB $25,000 to $49,999.99. 3.50% $50,000 – $100,000Relationship rate for CQB $50,000 to $99,999.99. 3.50% $100,000 and upRelationship rate for CQB $100,000 and above. 3.50% Rate checked
More details - Associated BankAssociated Select Money MarketAssociated Select Money Market · $1,000 min
Bank · 4 branches
1.60%APY$160 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 Choice enhanced rate tier. Requires meeting and maintaining Emerald 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 · 1.58% interest rate · $16 monthly fee · Effective Oct 5, 2026
Rate checked
More details - 1.55%APY$155 a year on $10,000
Requirements
Offer: Minimum daily balance to obtain APY is $0.01. $5 monthly service charge applies if average balance in monthly statement cycle falls below $1,000 (fee waived if $1,000 average balance maintained; fee not assessed until the second monthly statement cycle). Variable rate, compounded daily and credited monthly.
Compounded daily · $5 monthly fee · Effective Dec 11, 2025
Rate checked
More details - 1.51%APY$151 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: Three-Star Award: Meet requirements for preceding level (maintain Power Checking Account, use VISA Debit Card for at least 4 purchases/month) and sign up for eDocs.
Qualified rate · 1.50% interest rate · No monthly fee · Effective Apr 15, 2026
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