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 541–555 results in Michigan
- Team One Credit UnionRegular Savings AccountSavings · $5 min · 0.00%–0.10% by balance
Credit union · 11 branches
0.05%APY$5 a year on $10,000Requirements
Product: Eligibility: Live, work, worship, or attend school in Michigan; live in Lee County or Collier County, Florida; or be related to a current member. Minimum balance of $5 to keep the account active.
0.00% interest rate
Rate by balance
Rate by balance for Regular Savings Account Balance APY Up to $2,000 0.00% $2,000 – $10,000Your amount 0.05% Over $10,000 0.10% Rate checked
More details - 0.05%APY$5 a year on $10,000
Requirements
Product: Open account with just $5 (one-time $0.25 membership fee). No monthly service charges. Includes side savings.
Offer: $300 minimum balance to receive dividends. Dividend paid annually.
No monthly fee
Rate checked
More details - 0.05%APY$5 a year on $10,000with conditions
Requirements
Product: Requires a linked free Kasasa Cash or Kasasa Cash Back checking account. Limit 1 account per Social Security Number / Individual Taxpayer Identification Number.
Offer: Base rate applies to entire balance if qualifications on linked Kasasa checking account are not met.
Qualified rate · 0.05% interest rate · No monthly fee · Effective Feb 11, 2026
Rate checked
More details - PNCPremiere Money Market AccountPremiere Money Market Account · $1 min · 0.04%–0.05% by balance
Bank · 119 branches
0.04%APY$4 a year on $10,000with conditionsRequirements
Product: Minimum opening deposit is $0 online or $25 at a branch. Monthly service charge of $12 waived with an average monthly balance of $5,000 or when linked to a select PNC checking account. Minimum to earn interest is $1.
Offer: Standard Rate. $0 minimum deposit to open online ($25 in branches). $12 monthly fee waived with $5,000 average monthly balance or linked select PNC checking account.
Qualified rate · 0.04% interest rate · $12 monthly fee · Effective Oct 21, 2026
Rate by balance
Rate by balance for Premiere Money Market Account Balance APY Up to $10,000 0.04% $10,000 – $25,000Your amount 0.04% $25,000 – $50,000 0.04% $50,000 – $100,000Standard rate tier. Monthly fee waived if avg monthly balance >=$5,000 or linked to select PNC checking. Opening deposit $25 at branches; online opening minimum $0. 0.04% $250,000 – $500,000Standard rate tier. Monthly fee waived if avg monthly balance >=$5,000 or linked to select PNC checking. Opening deposit $25 at branches; online opening minimum $0. 0.05% Rate checked
More details - 0.04%APY$4 a year on $10,000
Requirements
Product: Variable rate savings account. $8.00 monthly maintenance fee waived for the first 6 months for new accounts; thereafter waived by maintaining a minimum daily balance of $500 or more, owning a Bank of America Advantage Relationship Banking account, having an account owner under age 25, or being enrolled in BofA Rewards at Preferred Plus, Preferred Honors, or Premier tier. No Overdraft Item Fees. Paper check writing is not permitted. Online new account opening limit is $250,000.
Offer: Standard rate for balances less than $5,000. Variable rate. Applicable to Western North Carolina. $8.00 monthly fee with waiver options ($500 minimum daily balance, owner under 25, Advantage Relationship Banking, or qualifying BofA Rewards tier; fee waived first 6 months for new accounts).
0.04% interest rate · $8 monthly fee · Effective Oct 5, 2026
Rate checked
More details - 0.03%APY$3 a year on $10,000
Requirements
Product: Interest-bearing account on balances of $300 or more. Membership eligibility required. Opening deposit of $5.00 represents buy-in to the credit union cooperative.
Offer: $300 balance required to earn interest.
0.03% interest rate · Effective Oct 23, 2026
Rate checked
More details - CommunityAmerica Credit UnionHigh Interest SavingsSavings · $1 min · 0.03%–5.00% by balance
Credit union · 2 branches
0.03%APY$3 a year on $10,000with conditionsRequirements
Product: Limit one High Interest Savings or Delta Savings account per member. The High Interest Savings account is only available to Consumer accounts (Business and IRA accounts do not qualify). Minor Savings accounts are not eligible.
Offer: First tier APY is conditional on meeting requirements: enrolled in eStatements, monthly direct deposit of at least $250 posted to one deposit account, and single checking account with 15 posted POS debit card transactions per month; OR enrolled in eStatements and single checking account with 25 posted POS debit card transactions per month. Transactions exclude refunds, credits, fees, pre-authorizations and ATM transactions. Requirements must be met by the day before the last day of the month.
Qualified rate · 4.89% interest rate · Effective Oct 15, 2026
Rate by balance
Rate by balance for High Interest Savings Balance APY Up to $2,500 5.00% Over $2,500Your amountAlso applies to entire balance if First Tier qualifications are not met. 0.03% Rate checked
More details - CommunityAmerica Credit UnionSavingsSavings · $1 min · 0.03%–0.05% by balance
Credit union · 2 branches
0.03%APY$3 a year on $10,000Requirements
Product: Minimum balance to open Savings account is $1 and may be the Par Value of your share in this credit union. A Savings account that holds the Par Value (suffix 00 account) earns dividends. All other accounts earn interest where applicable.
0.03% interest rate · Effective Oct 15, 2026
Rate by balance
Rate by balance for Savings Balance APY Up to $10,000 0.03% $10,000 – $25,000Your amount 0.03% $25,000 – $50,000 0.03% $50,000 – $100,000 0.05% $100,000 and up 0.05% Rate checked
More details - Parda Credit UnionRegular SavingsSavings · $25 min · 0.01%–0.05% by balance
Credit union · 5 branches
0.03%APY$3 a year on $10,000Requirements
Product: Deposit initial $1 (represents one share of ownership in credit union) and keep $1 minimum balance required to maintain membership. $25 balance required to earn stated dividends. Compounded monthly.
Offer: Compounded monthly; $25 required to earn stated dividends.
0.01% interest rate · Compounded monthly
Rate by balance
Rate by balance for Regular Savings Balance APY Up to $5,000 0.01% $5,000 – $20,000Your amount 0.03% $20,000 and up 0.05% Rate checked
More details - Citizens BankCitizens Private Client® Money MarketCitizens Private Client® Money Market · $0 min · 0.03%–3.50% by balance
Bank · 61 branches
0.03%APY$3 a year on $10,000Requirements
Product: Rates apply to new accounts and may not apply to existing accounts. Variable APY subject to change daily. Rates accurate for Rhode Island (ZIP 02903).
Offer: Preferred Rate; Preferred Rates require $25,000 not currently on deposit with Citizens.
Effective Sep 25, 2026
Rate by balance
Rate by balance for Citizens Private Client® Money Market Balance APY Up to $9,999 0.03% $10,000 – $24,999Your amount 0.03% $25,000 – $49,999 3.50% $50,000 – $99,999 3.50% $100,000 – $249,999 3.50% $250,000 – $499,999 3.50% $500,000 – $999,999 3.50% $1,000,000 – $2,999,999 3.50% $3,000,000 and up 3.50% Rate checked
More details - 0.03%APY$3 a year on $10,000
Requirements
Product: No monthly service charge with $300 daily minimum balance. Free quarterly e-statement. Interest accrues daily and is paid monthly. Free ATM withdrawals at State Savings Bank ATMs, up to 5 fee-free non-network ATM withdrawals per statement cycle, plus refund up to $20 in terminal surcharges. Free debit card if linked to checking.
0.03% interest rate · Effective Oct 22, 2024
Rate checked
More details - 0.02%APY$2 a year on $10,000with conditions
Requirements
Product: Requires a MyLife Checking account and enrollment in e-statements. Optional Debit Card Purchase Round Up available. Limited to one account per SSN.
Offer: Non-qualifying rate applies to balance if account qualifications are not met for the monthly qualification cycle.
Qualified rate · 0.02% interest rate · Effective Oct 23, 2026
Rate checked
More details - 0.02%APY$2 a year on $10,000
Requirements
Product: Regular primary savings account required for credit union membership. Inactivity fee of $5.00 per month (or closure) applies after 18 months dormant.
Offer: Minimum balance of $25 required to earn dividends. Compounded and credited quarterly.
0.02% interest rate · Effective Oct 23, 2026
Rate checked
More details - 0.02%APY$2 a year on $10,000
Requirements
Product: Can be customized with unique names such as Vacation Account or Taxes to manage finances. Similar to Member Savings but with no minimum balance requirement to keep open.
Offer: Minimum balance of $25 required to earn dividends. Compounded and credited quarterly. No minimum opening balance.
0.02% interest rate · Effective Oct 23, 2026
Rate checked
More details - DFCU FinancialPremier Money MarketPremier Money Market · $0 min · 0.02%–3.70% by balance
Credit union · 30 branches
0.02%APY$2 a year on $10,000Requirements
Product: Paid and compounded monthly. Dividend rate may change after account is opened. NCUA insured. Excluded from Cash Back. Membership eligibility required.
Offer: Paid and compounded monthly.
0.02% interest rate · Compounded monthly · Effective Oct 20, 2026
Rate by balance
Rate by balance for Premier Money Market Balance APY Up to $49,999Your amount 0.02% $50,000 – $99,999 1.50% $100,000 – $249,999 2.85% $250,000 – $499,999 3.15% $500,000 – $999,999 3.25% $1,000,000 and up 3.70% 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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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