Skip to content

Compare Bank & Credit Union Rates

Best savings rates in Michigan

Compare published savings yields, money market accounts included, with minimums, requirements, collection dates and original sources.

Location

Top savings rates

Showing 1–15 results in Michigan

  1. Ignite Credit UnionAmped Savings AccountSavings · $0 min · 0.01%–5.00% by balance

    Credit union · 10 branches

    5.00%APY$500 a year on $10,000with conditions
  2. First National Bank of AmericaHigh Yield Savings PromotionSavings · $1,000 min · 3.86%–4.20% by balance

    Bank · 3 branches

    4.20%APY$420 a year on $10,000intro rate
  3. University BankMoney Market AccountMoney Market Account · $2,500 min · 3.56%–4.08% by balance

    Bank · 2 branches

    4.08%APY$408 a year on $10,000
  4. Top Carrot, Carrot Score 89
    Flagstar BankFlagstar Ready SavingsSavings · $1 min · 0.05%–4.00% by balance

    Bank · 101 branches

    4.00%APY$400 a year on $10,000intro rate
  5. Top Carrot, Carrot Score 88
    FinancialEdge Credit UnionMyLife SavingsSavings · 0.02%–4.00% by balance

    Credit union · 2 branches

    4.00%APY$400 a year on $10,000with conditions
  6. Advia Credit UnionAdvantage Plus High Yield SavingsSavings · $10,000 min

    Credit union · 19 branches

    3.75%APY$375 a year on $10,000with conditions
  7. Horizon BankMoney Market SavingsMoney Market Savings

    Bank · 27 branches

    3.75%APY$375 a year on $10,000
  8. Top Carrot, Carrot Score 93
    CIBC Bank USACIBC Agility™ High-Interest Savings AccountSavings · $1,000 min

    Bank · 1 branch

    3.75%APY$375 a year on $10,000
  9. Top Carrot, Carrot Score 98
    Chief Financial Credit UnionMoney Market AccountMoney Market Account · $500 min

    Credit union · 4 branches

    3.65%APY$365 a year on $10,000intro rate
  10. First National Bank of AmericaHigh Yield Savings PromotionSavings · $1,000 min

    Bank · 3 branches

    3.60%APY$360 a year on $10,000intro rate
  11. Top Carrot, Carrot Score 88
    AAC Credit UnionHigh Yield SavingsSavings · $0 min

    Credit union · 7 branches

    3.50%APY$350 a year on $10,000with conditions
  12. Top Carrot, Carrot Score 98
    Meijer Credit UnionHigh Yield SavingsSavings · $1,000 min

    Credit union · 3 branches

    3.40%APY$340 a year on $10,000
  13. Honor Credit UnionAmplify Money MarketAmplify Money Market · $0 min

    Credit union · 27 branches

    3.37%APY$337 a year on $10,000with conditions
  14. Top Carrot, Carrot Score 87
    Credit Union ONEMoney Market AccountMoney Market Account · $1,000 min

    Credit union · 17 branches

    3.30%APY$330 a year on $10,000intro rate
  15. Huntington BankHuntington Relationship SavingsSavings · $100 min · 0.06%–3.25% by balance

    Bank · 299 branches

    3.25%APY$325 a year on $10,000with conditions

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 Michigan

621 accounts at 213 banks and credit unions · checked Oct 16–22

Typical
0.15%
Top 10% from
1.66%
Banks, typical
0.20%
Credit unions, typical
0.15%

Is your bank paying you enough?

Find your bank or credit union to see all its rates and how they compare near you.

Suggestions appear after two characters. Use arrow keys and Enter to choose an institution, or submit to see all matches.

Michigan

Top Carrot institutions

Ranked across their CDs, savings, auto loans and credit cards. How scores work

  1. Settlers Federal Credit UnionCredit union · 2 branches
  2. Chief Financial Credit UnionCredit union · 4 branches
  3. Meijer Credit UnionCredit union · 3 branches
See all ranked institutions