Compare Bank & Credit Union Rates
Best savings rates in Illinois
Compare published savings yields, money market accounts included, with minimums, requirements, collection dates and original sources.
Top savings rates
Showing 31–45 results in Illinois
- 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 $10,000with conditions
Requirements
Product: Only one Smart Saver account per membership. Monthly deposits must total between $50.00 and $1,000.00; any deposits exceeding $1,000 per month will be transferred to Membership Share Savings. Maximum 6 transfers and withdrawals per month.
Offer: Smart Rate: Requires deposits totaling at least $50/month (max $1,000/month), ACH direct deposit or mobile check deposit of $500+ into non-IRA checking, e-statements enrollment, and no member withdrawals during the month.
Qualified rate · 2.96% interest rate
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 - International Bank of ChicagoMoney Market AccountMoney Market Account · $10,000 min · 2.95%–3.75% by balance
Bank · 5 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 - 2.90%APY$290 a year on $10,000
Requirements
Product: May be opened in-branch or online. Variable-rate account; interest rate may change after account is opened. $5.00 Monthly Maintenance Fee can be avoided by maintaining an open Icon Checking Account or having an Average Ledger Balance cycle-to-date of $1,000.00 or more on the Analysis Date.
Offer: Variable-rate account. Avoid the $5.00 monthly fee with an open Icon Checking Account or an Average Ledger Balance cycle-to-date of $1,000.00 or more on the Analysis Date.
$5 monthly fee · Effective Oct 5, 2026
Rate checked
More details - Republic Bank of ChicagoPower Index Money MarketPower Index Money Market · $10,000 min · 0.00%–2.77% by balance
Bank · 20 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 - First Farmers Bank & TrustPrime Money MarketPrime Money Market · $0 min · 2.70%–3.45% by balance
Bank · 5 branches
2.70%APY$270 a year on $10,000Requirements
Product: APY tiers apply to the entire balance based on average daily balance.
2.66% interest rate · Effective Aug 1, 2024
Rate by balance
Rate by balance for Prime Money Market Balance APY Up to $100,000Your amount 2.70% $100,000 – $225,000 3.20% $225,000 – $300,000 3.45% $300,000 and up 3.45% Rate checked
More details - 2.60%APY$260 a year on $10,000with conditions
Requirements
Product: Must have a required RewardsPLUS Checking account. Limit of 1 account per Social Security number. Not for commercial purposes. Enrollment in electronic services (e.g., online banking, electronic statements) required to meet qualifications. Interest does not compound in checking since it is transferred into RewardsPLUS Saver.
Offer: Earn 2.60% APY / 2.57% interest rate on all balances when monthly RewardsPLUS Checking qualifications are met. Interest and ATM fee refunds automatically deposited into RewardsPLUS Saver. $20 early closing fee if account is closed within 6 months of opening.
Qualified rate · 2.57% interest rate · No monthly fee · Effective Oct 6, 2026
Rate checked
More details - Hanmi BankSimple Money MarketSimple Money Market · $100 min · 0.05%–2.80% by balance
Bank · 3 branches
2.60%APY$260 a year on $10,000Requirements
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 - 2.53%APY$253 a year on $10,000
Requirements
Product: Interest is paid weekly. Minimum withdrawal of $1,000. In order to earn the full week's interest, withdrawals must be made on Tuesdays (the interest payment date); funds withdrawn on other days forfeit interest earned since prior Tuesday. Balances falling below $10,000 earn the Regular Savings rate.
Offer: Balances falling below $10,000 earn the Regular Savings rate.
2.50% interest rate
Rate checked
More details - Abbott Laboratories Employees Credit UnionMoney Market AccountMoney Market Account · $2,000 min · 2.50%–3.00% by balance
Credit union · 8 branches
2.50%APY$250 a year on $10,000Requirements
Product: Dividends are paid monthly based on the daily average balance. Rates subject to change monthly. Minimum opening balance is $2,000. Up to six withdrawals or transfers per month including withdrawals by checks, with unlimited monthly withdrawals in person at an ALEC branch. Minimum withdrawal amount is $100.
Offer: All dividends are paid monthly based on the daily average balance. Rates subject to change monthly. The nominal rate is used to calculate the monthly dividend.
2.47% interest rate · Effective Oct 1, 2026
Rate by balance
Rate by balance for Money Market Account Balance APY $2,000 – $50,000Your amount 2.50% $50,000 – $100,000 2.75% $100,000 and up 3.00% 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 - 2.50%APY$250 a year on $10,000with conditions
Requirements
Product: Must be paired with either a Free Kasasa Cash Checking account or a Free Kasasa Cash Back account. Limit 1 account per social security number.
Offer: When paired with Kasasa Cash and qualifications are met (at least 12 debit card purchases, enrolled in and agree to receive eStatements, enrolled in and log into online banking during Monthly Qualification Cycle).
Qualified rate · 2.47% interest rate · No monthly fee · Effective Jul 15, 2026
Rate by balance
Rate by balance for Kasasa Saver Balance APY Up to $25,000Your amount 2.50% $25,000 and upWhen paired with Kasasa Cash and qualifications are met; APY ranges from 2.50% to 0.70% depending on balance. 0.25%* Over $25,000When paired with Kasasa Cash Back and qualifications are met; APY ranges from 2.50% to 0.70%, depending on balance. 0.25%* Rate checked
More details - 2.50%APY$250 a year on $10,000with conditions
Requirements
Product: Must be paired with either a Free Kasasa Cash Checking account or a Free Kasasa Cash Back account. Limit 1 account per social security number.
Offer: When paired with Kasasa Cash Back and qualifications are met (at least 12 debit card purchases, enrolled in and agree to receive eStatements, enrolled in and log into online banking during Monthly Qualification Cycle).
Qualified rate · 2.47% interest rate · Balance cap $25,000 · No monthly fee
Rate checked
More details - 2.50%APY$250 a year on $10,000
Requirements
Product: Variable tiered interest rates based on account balance; APY is paid on entire balance in accounts. No account maintenance fee when maintaining a daily balance of $10,000 or average daily balance of $25,000 at any time during the statement cycle.
Offer: APY is paid on entire balance in accounts. Maintenance fee waived with $10,000 daily balance or $25,000 average daily balance.
Effective Aug 13, 2026
Rate by balance
Rate by balance for Max Rate Savings Balance APY Up to $100,000Your amount 2.50% $100,000 and up 3.50% 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 Illinois
783 accounts at 327 banks and credit unions · checked Oct 16–22
- Typical
- 0.25%
- Top 10% from
- 1.92%
- Banks, typical
- 0.25%
- Credit unions, typical
- 0.25%
Is your bank paying you enough?
Find your bank or credit union to see all its rates and how they compare near you.
Illinois
Top Carrot institutions
Ranked across their CDs, savings, auto loans and credit cards. How scores work
- Bloomington Municipal Credit UnionCredit union · 1 branch
- First Community Credit UnionCredit union · 7 branches
- Acme Continental Credit UnionCredit union · 1 branch