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 556–570 results in Michigan
- 0.02%APY$2 a year on $10,000
Requirements
Product: Designed to set aside funds for a dream vacation, school tuition and special life events. $1.00 or $5.00 minimum required to open depending on schedule.
Offer: Paid and compounded monthly. $5 minimum required to open.
Compounded monthly · Effective Oct 23, 2026
Rate checked
More details - 0.02%APY$2 a year on $10,000
Requirements
Product: $5 minimum required to open. Must maintain an aggregate minimum average daily balance of $200 to avoid a monthly fee. Membership open to those who live, work, worship, or attend school in Michigan's Lower Peninsula.
Offer: Paid and compounded monthly. $5 minimum required to open.
Compounded monthly · Effective Oct 23, 2026
Rate checked
More details - DFCU FinancialInsured Money Market AccountInsured Money Market Account · $2,500 min · 0.02%–0.15% by balance
Credit union · 30 branches
0.02%APY$2 a year on $10,000Requirements
Product: $2,500 minimum deposit to open. Paid and compounded monthly. Dividend rate may change after account is opened. NCUA insured. 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 Insured Money Market Account Balance APY Up to $2,499 0.02% $2,500 – $24,999Your amount 0.02% $25,000 – $49,999 0.02% $50,000 – $99,999 0.02% $100,000 – $249,999 0.05% $250,000 – $499,999 0.10% $500,000 and up 0.15% Rate checked
More details - 0.02%APY$2 a year on $10,000
Requirements
Product: Designed to set aside funds for a dream vacation, school tuition and special life events. $1.00 or $5.00 minimum required to open depending on schedule.
Offer: Paid and compounded monthly. $1.00 minimum to open.
0.02% interest rate · Compounded monthly · Effective Oct 20, 2026
Rate checked
More details - 0.02%APY$2 a year on $10,000
Requirements
Product: $5 minimum required to open. Must maintain an aggregate minimum average daily balance of $200 to avoid a monthly fee. Membership open to those who live, work, worship, or attend school in Michigan's Lower Peninsula.
Offer: Paid and compounded monthly. An aggregate minimum average daily balance of $200 must be maintained to avoid a monthly fee.
0.02% interest rate · Compounded monthly · Effective Oct 20, 2026
Rate checked
More details - 0.02%APY$2 a year on $10,000
Requirements
Product: Average daily balance is used to determine savings rate tiers. Dividends are compounded daily and credited monthly.
Offer: Dividends are compounded daily and credited monthly.
0.02% interest rate · Compounded daily
Rate checked
More details - 0.02%APY$2 a year on $10,000
Requirements
Product: Paid quarterly using daily average method of $150.00 minimum.
Offer: Paid quarterly: Daily Average Method of $150.00 minimum.
0.02% interest rate · Effective Dec 31, 2025
Rate checked
More details - 0.02%APY$2 a year on $10,000
Requirements
Product: Secondary savings accounts to save for special events including vacations, Christmas, and tax payments. Dividends compounded and credited quarterly using Average Daily Balance.
Offer: Paid quarterly using daily average method with $150.00 minimum.
0.02% interest rate · Effective Dec 31, 2025
Rate checked
More details - 0.02%APY$2 a year on $10,000
Requirements
Product: Dividends compounded and credited quarterly based on Average Daily Balance. Must maintain combined minimum daily balance of $200 in any savings or checking product, or have a loan/Visa card with credit union, or be over 60 or under 21 to avoid service fee.
Offer: Paid quarterly using daily average method with $150.00 minimum.
0.02% interest rate · Effective Dec 31, 2025
Rate checked
More details - 0.02%APY$2 a year on $10,000
Requirements
Product: Dividends compounded and credited quarterly based on Average Daily Balance. Must maintain combined minimum daily balance of $200 in any savings or checking product, or have a loan/Visa card with credit union, or be over 60 or under 21 to avoid service fee.
Offer: Minimum average daily balance of $150.00 required to earn stated APY. Minimum opening deposit is $5.00 (par value of one share).
0.02% interest rate · Effective Jan 1, 2025
Rate checked
More details - 0.02%APY$2 a year on $10,000with conditions
Requirements
Product: Earn Premier relationship rates when you link the account to a qualifying checking account (Chase Premier Plus Checking, Chase Sapphire Checking, Chase Private Client Checking, J.P. Morgan Private Client Checking Plus, or J.P. Morgan Classic Checking) and make at least 5 customer-initiated transactions in a monthly statement period using your linked checking account. $25 monthly service fee waived with $15,000+ beginning day balance or linked qualifying checking account.
Offer: Relationship rate: requires linked qualifying checking account and at least 5 customer-initiated transactions in a monthly statement period. $25 monthly service fee waived with $15,000+ daily balance or linked qualifying checking account.
Qualified rate · 0.02% interest rate · $25 monthly fee · Effective Oct 2, 2026
Rate checked
More details - 0.02%APY$2 a year on $10,000with conditions
Requirements
Product: Monthly maintenance fee of $10 waived with an average daily balance of $2,500 or when you also own a Huntington personal checking account. Minimum opening deposit is $100. Higher relationship rates available when linked with qualifying checking accounts. Rates are specific to ZIP code 43215.
Offer: Standard Rate with qualifying, open Huntington Perks Checking account. Rate applies to ZIP code 43215.
Qualified rate · 0.02% interest rate · Balance cap $2,000,000.99 · $10 monthly fee · Effective Oct 5, 2026
Rate checked
More details - 0.02%APY$2 a year on $10,000
Requirements
Product: Membership required. Opened with a $5 minimum deposit. Dividends are calculated based on daily account balance and paid monthly on balances over $1.
0.02% interest rate · Effective Oct 5, 2026
Rate checked
More details - 0.02%APY$2 a year on $10,000
Requirements
Product: Sub accounts dedicated to individual savings objectives without opening separate memberships.
0.02% interest rate · Effective Oct 5, 2026
Rate checked
More details - 0.02%APY$2 a year on $10,000with conditions
Requirements
Product: Must have a share savings account ($5 minimum deposit) to be a member and qualify. Unlimited electronic withdrawals and deposits; not subject to Regulation D withdrawal limitations or fees.
Offer: Monthly requirements not met (base rate).
Qualified rate · 0.02% 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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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