Best savings rates in Illinois

Requirements

Product: With eStatements maintain $100 in savings, or $1,000 in a combination of deposit and loan balances to waive $7.50 monthly fee. With paper statements, maintain $500 in savings, or $10,000 in a combination of deposit and loan balances to waive $7.50 monthly fee. No minimum balance for ages under 18.

Offer: Fee waived if maintaining $100 in savings (or $1,000 combined deposit/loan balances) with eStatements, or $500 in savings (or $10,000 combined deposit/loan balances) with paper statements. No minimum balance for ages under 18.

Requirements

Product: A one-time membership fee of $25.00 is required to open a share savings.

Requirements

Product: Variable-rate account; interest rate may vary from time to time. Fees may reduce earnings. Earnings post monthly.

Offer: Minimum amount to open and obtain APY is $100.

Requirements

Product: Variable-rate account; interest rate may vary from time to time. Fees may reduce earnings. Earnings post quarterly. Passbook must be present to make a withdrawal.

Offer: Minimum amount to open and obtain APY is $100.

Requirements

Product: Tiered, variable rate account; interest rate may vary. If average daily balance is within a tier, entire balance earns correspondent APY. Balances below $1,000 earn Premium Personal Checking account APY. Earnings compounded and paid monthly.

Offer: Average daily balance within tier earns correspondent APY.

Requirements

Product: No fee for being below the minimum balance. No monthly service fee. Minimum average daily balance of $2,500 to earn dividends. Up to three withdrawals allowed monthly without charge (minimum withdrawal of $250.00). Dividends compounded daily, paid monthly to the account. Federally insured up to $250,000 by the NCUA.

Offer: Minimum average daily balance of $2,500 to earn dividends. Paid monthly.

Requirements

Product: Interest compounded daily, paid quarterly. Avoid $3 quarterly service fee by maintaining a $300 minimum average balance; no monthly service fee for customers under 19 or over 62 years old. A $50 fee will be charged if closed within 90 days.

Requirements

Product: A minimum $1000 balance is required to open this account that will accrue interest daily on the current balance. The interest rate and annual percentage yield may change and is at the discretion of the bank. Interest will be compounded and credited to your account quarterly. A service charge of $5 will be imposed each quarterly statement cycle if the balance falls below the minimum on any day of the cycle.

Offer: Tier 1. Interest compounded and credited quarterly. A service charge of $5 will be imposed each quarterly statement cycle if the balance falls below the minimum on any day of the cycle.

Requirements

Product: Service charge applies if balance falls below $200.00; fee waived for students 23 and under. Interest paid quarterly.

Offer: Quarterly APY. Interest credited on statement date.

Requirements

Product: No minimum balance required. Rate may change after account is opened. Optional ATM card available with $260 daily withdrawal limit.

Offer: No minimum balance required. Rate may change after the account is opened. Fees could reduce earnings. Optional ATM card available for withdrawals (daily limit $260, cannot be used for purchases).

Requirements

Product: $25 minimum deposit required in a share savings account to establish credit union membership. Dividends paid quarterly. Rate may change after account is opened.

Offer: A $25 minimum deposit is required in a share savings account to establish credit union membership. Dividends paid quarterly. The rate may change after the account is opened. Fees could reduce earnings.

Requirements

Product: As a condition of membership, must purchase and maintain minimum required shares (5 shares at par value of $5.00 each = $25.00). Dividends paid quarterly on balances of $100.00 or more.

Offer: Dividends paid quarterly on balances of $100.00 or more.

Requirements

Product: Available in select markets/regions. Monthly service fee is waived 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: Citigold Private Client relationship tier (requires $800,000 CAMB in Eligible Deposit and Investment accounts). Rates apply to ZIP 57108 (OUT pricing region). Monthly fee waived for Citigold Private Client tier.

Requirements

Product: Must deposit $2,500.00 to open. Monthly service charge of $15 imposed every statement cycle if balance falls below $2,500.00 on any given day. Monthly limit of 6 transfers for certain transactions. Daily balance method used.

Offer: Must maintain a minimum balance of $2,500.00 each day to obtain disclosed APY. No interest paid when daily balance falls below $2,500.00. Rate is based on tiered balance amounts ($2,500.00-$10,000.99, $10,001.00-$25,000.99, $25,001.00-$99,999.99, OVER $100,000.00) but single rate is listed on rate schedule. $15 monthly fee waived if daily balance remains at or above $2,500.00.

Requirements

Product: Earn interest on entire balance. $25 average daily balance to avoid $2.50 monthly maintenance fee (fee waived for customers 25 years and younger). Free eStatements ($5 fee for paper statements). Pre-authorized, automatic, or telephone transfers/withdrawals limited to 6 per statement cycle.

Offer: Gold Relationship Package tier.