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 571–585 results in Michigan
- 0.02%APY$2 a year on $10,000
0.02% interest rate · Effective Oct 5, 2026
Rate checked
More details - 0.02%APY$2 a year on $10,000
Requirements
Product: Avoid $3.00 monthly maintenance fee by maintaining a minimum daily balance of $100. $3.00 excessive withdrawal charge for each withdrawal exceeding six in a four week or similar period.
Offer: Fee waived with $100 minimum daily balance.
$3 monthly fee · Effective Apr 1, 2024
Rate checked
More details - 0.02%APY$2 a year on $10,000
Requirements
Product: No minimum balance requirement. Daily dividends paid quarterly. Allows personalized account names to organize savings goals.
0.02% interest rate · Effective Oct 5, 2026
Rate checked
More details - 0.02%APY$2 a year on $10,000
Requirements
Product: Minimum deposit of $5.00 to establish membership-ownership with Aeroquip Credit Union. Dividends are compounded quarterly. Fees may reduce earnings.
Offer: Dividend rate of 0.02% and APY of 0.02% paid last quarter. Rates subject to change quarterly.
0.02% interest rate · Compounded quarterly
Rate checked
More details - 0.02%APY$2 a year on $10,000
- 0.02%APY$2 a year on $10,000
Requirements
Offer: Quarterly APY
0.02% interest rate · Effective Nov 14, 2025
Rate checked
More details - 0.02%APY$2 a year on $10,000
Requirements
Product: A $3.00 monthly service charge will be charged if a $300 minimum balance is not maintained each day during the month.
Offer: $3.00 monthly fee waived on daily balances of $300 or more.
0.02% interest rate · $3 monthly fee · Effective Jun 10, 2026
Rate checked
More details - Pittsburgh Federal Credit UnionRegular Share AccountSavings · $25 min · 0.00%–0.02% by balance
Credit union · 1 branch
0.02%APY$2 a year on $10,000Requirements
Product: Minimum opening deposit of $25. Dividend rate and annual percentage yield are subject to change every dividend period as determined by the credit union board of directors.
0.00% interest rate
Rate by balance
Rate by balance for Regular Share Account Balance APY Up to $500 0.00% Over $500Your amount 0.02% Rate checked
More details - 0.01%APY$1 a year on $10,000with conditions
Requirements
Product: Linked Kasasa Cash or Kasasa Cash Back checking account required. Limit 1 account per Social Security number.
Offer: Base dividend rate applied to all balances if monthly qualifications on linked Kasasa checking account are not met.
Qualified rate · 0.01% interest rate · No monthly fee · Effective Oct 1, 2026
Rate checked
More details - 0.01%APY$1 a year on $10,000
Requirements
Product: Previously known as Christmas Club and Vacation Club; designed to set aside funds for larger purchases with withdrawals permitted at any time.
Offer: Minimum balance to open is $0; minimum balance to earn dividends is $0.01. Dividends are paid on the last day of the month and compounded monthly.
0.01% interest rate · Compounded monthly · Effective Oct 1, 2026
Rate checked
More details - 0.01%APY$1 a year on $10,000
Requirements
Product: Standard savings account required for Credit Union 1 membership. Members must maintain a minimum balance of $5 to maintain a share in CU1.
Offer: Minimum balance of $5 to open and to earn dividends. Dividends are paid on the last day of the month and compounded monthly.
0.01% interest rate · Compounded monthly · Effective Oct 1, 2026
Rate checked
More details - 0.01%APY$1 a year on $10,000with conditions
Requirements
Product: Offered in conjunction with Real Cash Back Checking. Requires meeting monthly qualification cycle requirements (eStatements, Direct Deposit, and 10 debit transactions posted and cleared) to earn tier 1 rates.
Offer: When qualifications are not met during a Monthly Qualification Cycle, the interest rate on the entire balance is 0.010% with corresponding APY in the range of 0.05% to 0.15%.
Qualified rate · 0.01% interest rate
Rate checked
More details - 0.01%APY$1 a year on $10,000with conditions
Requirements
Product: Offered in conjunction with Real Rewards Checking. Requires meeting monthly qualification cycle requirements on Real Rewards Checking account to earn tier 1 rates.
Offer: When qualifications are not met during a Monthly Qualification Cycle, the interest rate on the entire balance is 0.010% with an APY in the range of 0.05% to 0.15%.
Qualified rate · 0.01% interest rate
Rate checked
More details - 0.01%APY$1 a year on $10,000
Requirements
Product: Primary Savings minimum balance $10. Minimum balance to earn interest $250. Dividend calculation: daily balance, quarterly dividend payment. Quarterly paper statement cycle or monthly e-statement available. Early close fee $10 before 60 days; reopen fee $10 before 6 months. One share ($10.00 par value) required for membership. Maximum 6 transfers/month.
Offer: Minimum balance to earn interest $250. Daily balance calculation, quarterly payment.
0.01% interest rate · Effective Oct 15, 2026
Rate checked
More details - 0.01%APY$1 a year on $10,000
0.01% interest rate · Effective Oct 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
* APY calculated from the stated interest rate. Daily compounding is assumed when the institution does not state it.
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%
Is your bank paying you enough?
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