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.
Top savings rates
Showing 466–480 results in Michigan
- 0.05%APY$5 a year on $10,000
Requirements
Product: No monthly account fees. $1.00 minimum balance reserves membership.
Offer: Daily account balances <$500.
0.05% interest rate · No monthly fee · Effective Oct 1, 2026
Rate checked
More details - 0.05%APY$5 a year on $10,000
Requirements
Product: Opens the door to membership. Membership eligibility and a minimum $5 membership share deposit required. Dividends paid daily and compounded monthly.
Offer: Balances over $99.99 earn stated rate. Just deposit $5.
0.05% interest rate · Compounded monthly · Effective Sep 29, 2026
Rate checked
More details - 0.05%APY$5 a year on $10,000
Requirements
Offer: Fees may reduce earnings. Rate may change after the account is opened.
Effective Oct 5, 2026
Rate checked
More details - 0.05%APY$5 a year on $10,000
Requirements
Product: Key to membership at MCU. Unlimited withdrawals. Eligible for overdraft protection. Monthly service fee waived with an aggregate account balance of $50 or more.
Offer: Dividends are paid on account balances of $100 or more. Maintain aggregate account balance of $50 or more to waive monthly service fee.
0.05% interest rate · Effective Oct 5, 2026
Rate checked
More details - 0.05%APY$5 a year on $10,000with conditions
Requirements
Product: Links to free My Cash or My Cashback checking account. Automatic transfers of My Cash or My Cashback earnings. Eligible for overdraft protection.
Offer: Base rate applied when monthly qualifications are not met.
Qualified rate · 0.05% interest rate · No monthly fee · Effective Oct 5, 2026
Rate checked
More details - Meijer Credit UnionMTM Emergency FundSavings · $0 min · 0.05%–5.00% by balance
Credit union · 3 branches
0.05%APY$5 a year on $10,000Requirements
Product: Must be an active Meijer Team Member. Eligible for overdraft protection and debit card round-up.
Offer: 5.00% APY on balances up to $1000.
4.89% interest rate · No monthly fee · Effective Oct 5, 2026
Rate by balance
Rate by balance for MTM Emergency Fund Balance APY Up to $1,000 5.00% Over $1,000Your amount 0.05% Rate checked
More details - 0.05%APY$5 a year on $10,000with conditions
Requirements
Product: Links to free My Cash or My Cashback checking account. Automatic transfers of My Cash or My Cashback earnings. Eligible for overdraft protection.
Offer: Qualifications required to earn highest rate: have at least 12 debit card purchases post and settle, at least 1 automatic payment (ACH) or bill pay transaction post and settle, be enrolled and receive eStatement notice, and be enrolled and log into online banking at least once per monthly qualification cycle.
Qualified rate · 0.25% interest rate · No monthly fee · Effective Oct 5, 2026
Rate by balance
Rate by balance for My Savings Balance APY Up to $10,000 0.25% $10,000 and upYour amount 0.05% Rate checked
More details - 0.05%APY$5 a year on $10,000with conditions
Requirements
Product: Links to Kasasa Cash, Kasasa Cash Back, or Kasasa Tunes checking account. Qualifications during Monthly Qualification Cycle: at least 12 debit card purchases, enrolled in and agree to receive e-Statements, and enrolled in and log into online banking.
Offer: When qualifications in linked checking account are not met during Monthly Qualification Cycle.
Qualified rate · 0.05% interest rate · No monthly fee · Effective Mar 1, 2023
Rate checked
More details - 0.05%APY$5 a year on $10,000
Requirements
Product: Establishes membership with credit union. Initial balance of $5 must be maintained.
No monthly fee · Effective Sep 8, 2026
Rate checked
More details - 0.05%APY$5 a year on $10,000
Requirements
Product: The minimum balance required to open this account is the purchase of a share in the credit union. Requires maintaining a minimum daily balance of $5.00 to obtain disclosed APY.
Offer: Tier 4: Daily balance more than $99.99, but less than $10,000.00.
0.05% interest rate
Rate checked
More details - Frankenmuth Credit UnionRegular Savings Share AccountSavings · $10,000 min
Credit union · 32 branches
0.05%APY$5 a year on $10,000Requirements
Product: The minimum balance required to open this account is the purchase of a share in the credit union. Requires maintaining a minimum daily balance of $5.00 to obtain disclosed APY.
Offer: Tier 3: Daily balance more than $9,999.99, but less than $25,000.00.
0.05% interest rate · Balance cap $25,000
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More details - 0.05%APY$5 a year on $10,000
Effective Oct 5, 2026
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More details - 0.05%APY$5 a year on $10,000
Effective Oct 5, 2026
Rate checked
More details - Shore to Shore Community Federal Credit UnionSecondary SavingsSavings · $0 min
Credit union · 2 branches
0.05%APY$5 a year on $10,0000.05% interest rate · Effective Oct 5, 2026
Rate checked
More details - Shore to Shore Community Federal Credit UnionRegular SavingsSavings · $5 min
Credit union · 2 branches
0.05%APY$5 a year on $10,0000.05% interest rate · Effective Oct 5, 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 Michigan
617 accounts at 212 banks and credit unions · checked Oct 23–24
- Typical
- 0.15%
- Top 10% from
- 1.75%
- Banks, typical
- 0.20%
- Credit unions, typical
- 0.15%
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Find your bank or credit union to see all its rates and how they compare near you.
Michigan
Top Carrot institutions
Ranked across their CDs, savings, auto loans and credit cards. How scores work
- Settlers Federal Credit UnionCredit union · 2 branches
- Meijer Credit UnionCredit union · 3 branches
- Dow Credit UnionCredit union · 2 branches