Compare Bank & Credit Union Rates
Best savings rates in Minnesota
Compare published savings yields, money market accounts included, with minimums, requirements, collection dates and original sources.
Top savings rates
Showing 271–285 results in Minnesota
- 0.25%APY$25 a year on $10,000
Requirements
Product: $5.00 monthly service charge imposed if average monthly balance is lower than $25.00; fee waived for those age 25 and younger.
Offer: $5.00 monthly fee waived if average monthly balance is $25.00 or more, or for those age 25 and younger.
$5 monthly fee
Rate checked
More details - Northwoods Bank of MinnesotaPrime AccessPrime Access · $1,000 min · 0.24%–0.62% by balance
Bank · 4 branches
0.24%APY$24 a year on $10,0000.24% interest rate
Rate by balance
Rate by balance for Prime Access Balance APY $1,000 – $25,000Your amount 0.24% $25,000 – $50,000 0.29% $50,000 – $100,000 0.38% $100,000 – $249,999 0.52% $250,000 and up 0.62% Rate checked
More details - Northwoods Bank of MinnesotaPrime Access AccountSavings · $1,000 min · 0.24%–0.62% by balance
Bank · 4 branches
0.24%APY$24 a year on $10,000Requirements
Product: Combines flexibility of savings with interest-earning potential of a CD. Unlimited deposits at any time, no withdrawal penalties, no maturity date.
Offer: $10 fee per month if balance drops below $1000.
0.24% interest rate · $10 monthly fee
Rate by balance
Rate by balance for Prime Access Account Balance APY $1,000 – $25,000Your amount 0.24% $25,000 – $50,000 0.29% $50,000 – $100,000 0.38% $100,000 – $249,999 0.52% $250,000 and up 0.62% Rate checked
More details - 0.22%APY$22 a year on $10,000
Requirements
Product: No previous credit history required. Suggested minimum age of 14. Automatic payment required. Product combines a 1 year loan of $1,000 with APR of 2.5% and a savings account. Rate subject to change after opening.
Offer: $25 minimum starting deposit. 1 year loan of $1,000 and a savings account. Rate subject to change after opening.
Rate checked
More details - Northwoods Bank of MinnesotaHigh Yield SavingsSavings · $10,000 min · 0.22%–1.76% by balance
Bank · 4 branches
0.22%APY$22 a year on $10,0000.22% interest rate
Rate by balance
Rate by balance for High Yield Savings Balance APY $10,000 – $25,000Your amount 0.22% $25,000 – $50,000 0.30% $50,000 – $100,000 0.65% $100,000 – $250,000 1.15% $250,000 – $499,999 1.31% $500,000 and up 1.76% Rate checked
More details - 0.21%APY$21 a year on $10,000
Requirements
Product: Must be eligible for TopLine membership and be a Minnesota or Wisconsin resident. Age 18+ or minor with parental agreement. Limit one WINcentive Savings Account per member. Minimum opening deposit of $5. 12-month savings commitment: 1st early withdrawal = $10 fee, 2nd withdrawal = $25 fee, 3rd withdrawal = account closed. Prize drawings entry for each $25 month-over-month balance increase (max 4 entries/month).
Offer: Dividends calculated daily and paid monthly.
0.21% interest rate
Rate checked
More details - North American Banking CompanyFlex SavingsSavings · $100 min · 0.05%–0.20% by balance
Bank · 6 branches
0.20%APY$20 a year on $10,000Requirements
Product: No monthly maintenance fee for average daily balances of $50.00 or more ($5.00 if balance falls below minimum). Six free withdrawals per month ($5.00 per withdrawal thereafter). A $100.00 opening deposit is required. Variable rate, may change after opening.
Offer: No monthly maintenance fee for average daily balances of $50.00 or more ($5.00 if balance falls below minimum). Six free withdrawals per month ($5.00 per withdrawal thereafter).
0.05% interest rate · $5 monthly fee · Effective Oct 19, 2026
Rate by balance
Rate by balance for Flex Savings Balance APY Up to $2,500 0.05% $2,500 – $5,000 0.10% $5,000 – $10,000 0.15% $10,000 and upYour amount 0.20% Rate checked
More details - 0.20%APY$20 a year on $10,000
Requirements
Product: Interest compounded quarterly based on daily balance. $4 monthly service charge waived with a $50 minimum balance.
Offer: $50 minimum balance to avoid $4 per month service charge.
0.15% interest rate · Compounded quarterly · $4 monthly fee · Effective Sep 14, 2026
Rate by balance
Rate by balance for MySavings Balance APY Up to $1,000 0.15% $1,000 and upYour amount 0.20% Rate checked
More details - 0.20%APY$20 a year on $10,000
Requirements
Product: Digital Banking access with free E-Statements and notices. Three free withdrawals per month ($2 per transaction for additional withdrawals). Monthly service fees and excess withdrawal fees are waived until reaching age 21, or if primary account holder is age 65 or older. Interest paid quarterly.
Offer: No monthly service fee with $200 minimum daily balance ($4 monthly service fee if minimum balance is not met daily). Monthly service fees and excess withdrawal fees waived until age 21 or if primary account holder is age 65 or older. Rates are variable and may change after account is opened.
0.20% interest rate · $4 monthly fee · Effective Oct 15, 2026
Rate checked
More details - 0.20%APY$20 a year on $10,000
Requirements
Product: To earn a dividend on any account, except Kids Club accounts, you must maintain a minimum daily balance of $100 or more throughout the dividend period. Dividends are paid quarterly. Accrued earnings forfeited if closed before end of quarter.
Offer: Must maintain a minimum daily balance of $100 or more throughout the dividend period to earn a dividend.
0.10% interest rate · Effective Sep 15, 2026
Rate by balance
Rate by balance for Savings Balance APY $100 – $10,000 0.10% $10,000 and upYour amount 0.20% Rate checked
More details - 0.20%APY$20 a year on $10,000
Requirements
Product: Best for students or those not planning to keep large balances. Interest compounded daily. $5 monthly service charge waived with $100 daily minimum balance or for account owners age 24 and under. Free quarterly mailed paper statement or eStatement.
Offer: Monthly service charge waived with a $100 daily minimum balance or for account owners age 24 and under.
0.10% interest rate · Compounded daily · $5 monthly fee · Effective Oct 14, 2026
Rate by balance
Rate by balance for Everyday Savings Balance APY Up to $1,000 0.10% $1,000 – $10,000 0.15% $10,000 and upYour amount 0.20% Rate checked
More details - Mayo Employees Federal Credit UnionSavingsSavings · $5 min · 0.05%–0.30% by balance
Credit union · 6 branches
0.20%APY$20 a year on $10,000Requirements
Product: Must keep a balance of $5 in savings to retain MEFCU membership. No monthly fee. Dividend-bearing, compounded and paid quarterly. Rate may change after account is opened. Insured up to $400,000. Sub-savings accounts available for specific goals.
Offer: Variable dividend rate of 0.05% (0.05% APY) for balances $0 - $2,499.99. Minimum $5 balance required to maintain membership.
0.05% interest rate · No monthly fee · Effective Oct 16, 2026
Rate by balance
Rate by balance for Savings Balance APY Up to $2,500 0.05% $2,500 – $20,000Your amount 0.20% $20,000 and up 0.30% Rate checked
More details - 0.20%APY$20 a year on $10,000
Requirements
Product: Interest rate and APY may change after account opening. $5.00 monthly fee if account falls below the $100.00 minimum average daily balance.
Offer: Interest rate and APY may change after account opening. $5.00 monthly fee if account falls below $100.00 minimum average daily balance.
0.20% interest rate · $5 monthly fee · Effective Jun 25, 2026
Rate checked
More details - 0.20%APY$20 a year on $10,000
0.20% interest rate · No monthly fee · Effective Sep 18, 2019
Rate checked
More details - 0.20%APY$20 a year on $10,000
Requirements
Product: $3 monthly service charge waived with a $200 minimum daily balance.
Offer: $3 monthly service charge waived with a $200 minimum daily balance; variable rate.
0.15% interest rate · $3 monthly fee · Effective Oct 1, 2026
Rate by balance
Rate by balance for Savings Account Balance APY Up to $4,999 0.15% $5,000 – $24,999Your amount 0.20% $25,000 – $49,999 0.25% $50,000 – $99,999 0.30% $100,000 – $249,999 0.35% $250,000 and up 0.45% 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 Minnesota
510 accounts at 188 banks and credit unions · checked Oct 22–24
- Typical
- 0.25%
- Top 10% from
- 2.00%
- Banks, typical
- 0.25%
- Credit unions, typical
- 0.20%
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Minnesota
Top Carrot institutions
Ranked across their CDs, savings, auto loans and credit cards. How scores work
- Greater Community CUCredit union · 4 branches
- Altra Federal Credit UnionCredit union · 4 branches
- VisionBankBank · 1 branch