Compare Bank & Credit Union Rates
Best savings rates in Newark, NJ
Compare published savings yields, money market accounts included, with minimums, requirements, collection dates and original sources.
Top savings rates
Showing 1–15 results in Newark, NJ
- 4.00%APY$400 a year on $10,000intro rate
Requirements
Product: Personal accounts only. $5 monthly maintenance charge waived with at least a $300 average daily collected balance, or by maintaining a Flagstar personal checking relationship, or if the primary account owner is 24 years of age or younger.
Offer: Standard non-promotional rate applies to balances under $10,000 ($0.01 or greater). $5 monthly maintenance fee waived if average daily collected balance is at least $300, or with an owner relationship on a Flagstar personal checking account with a balance of at least $0.01, or if primary account owner is 24 or younger.
Promotional rate · $5 monthly fee · Effective Oct 17, 2026
Rate by balance
Rate by balance for Flagstar Ready Savings Balance APY Up to $10,000 0.05% $10,000 and upYour amountMust be a new personal savings client and deposit new money. $1 minimum opening deposit. Reverts to standard non-promotional rate after 180 days. Early account closure fee may apply if closed within 180 days. 4.00% Rate checked
More details - Garden Savings FCUAccelerate SavingsSavings · $25 min · 1.00%–3.75% by balance
Credit union · 1 branch
3.75%APY$375 a year on $10,000Requirements
Product: Minimum opening deposit of $25. Limit one account per tax ID. Membership eligibility applies. No monthly maintenance fees.
Offer: Applies to the first $15,000 on deposit (average balance).
3.69% interest rate · No monthly fee · Effective Jun 1, 2026
Rate by balance
Rate by balance for Accelerate Savings Balance APY Up to $15,000Your amount 3.75% Over $15,000 1.00% Rate checked
More details - 3.00%APY$300 a year on $10,000intro rate
Requirements
Product: Available nationwide. Open your account with a deposit of $2,500 or more. Variable rate account. Rate matching available for advertised annual percentage yield (APY) and product of FDIC-insured competitor with retail locations in NY, NJ, and/or Palm Beach County, FL up to 90 days, up to a maximum of 4.50% APY.
Offer: Tier I. Variable rate account.
Promotional rate · 0.00% interest rate · No monthly fee · Effective Sep 1, 2026
Rate by balance
Rate by balance for Connection Plus Savings Balance APY Up to $2,500 0.00% $2,500 – $250,000Your amountTier II. 3.00% $250,000 and upTier III. 3.10% Rate checked
More details - 3.00%APY$300 a year on $10,000
Requirements
Product: Available in select markets/states to applicants with qualifying residential address. Monthly service fee is waived for accounts with a linked Citi checking account, an average monthly balance of $500 or more, or enrollment in Citi Priority, Citigold, or Citigold Private Client relationship tiers. Accounts with a zero balance for 90 calendar days are subject to closure.
Offer: Everyday Benefits tier. Rates apply to ZIP 57108 (OUT pricing region). $4.50 monthly fee waived with $500+ average monthly balance or linked Citi checking account.
2.96% interest rate · $4.50 monthly fee
Rate checked
More details - Essex County Teachers FCUMoney MarketMoney Market · $1 min · 0.05%–4.50% by balance
Credit union · 1 branch
2.25%APY$225 a year on $10,000Requirements
Product: Maximum 6 withdrawals per month. Interest rates are based on tiered minimum balances.
0.05% interest rate
Rate by balance
Rate by balance for Money Market Balance APY $1 and up 0.05% Over $2,500Your amount 2.25% Over $25,000 2.50% Over $50,000 2.75% Over $100,000 4.50% Rate checked
More details - 2.02%APY$202 a year on $10,000
Requirements
Product: Minimum opening deposit and daily balance of $100. Falling below the $100 minimum at any time will incur a $10.00 maintenance fee. Interest compounded daily and credited monthly. Online & Branch.
Offer: Interest Compounded Daily | Posted Monthly. $10.00 maintenance fee if daily balance falls below $100 minimum.
1.00% interest rate · Compounded daily · $10 monthly fee
Rate by balance
Rate by balance for Statement Savings Balance APY Up to $10,000 1.01% $10,000 – $25,000Your amount 2.02% $25,000 – $50,000 2.53% $50,000 – $100,000 2.79% $100,000 – $500,000 3.56% $500,000 and up 0.75% Rate checked
More details - American Airlines Federal Credit UnionPrimary Savings AccountSavings · $6 min
Credit union · 1 branch
2.02%APY$202 a year on $10,000intro rateRequirements
Product: One-time $1.00 membership fee. Dividends compounded and credited monthly. Minimum daily balance of $5.00 to earn dividends.
Offer: Minimum daily balance to earn dividends is $5.00. Prospective dividend rate and APY for October 2026. Dividends compounded monthly and credited monthly.
Promotional rate · 2.00% interest rate · Compounded monthly · Effective Oct 1, 2026
Rate checked
More details - 2.02%APY$202 a year on $10,000intro rate
Requirements
Product: No minimum balance. No monthly service fees. Ability to set up recurring monthly deposit or deposit on your own. Dividends compounded and credited monthly.
Offer: No minimum balance. Prospective dividend rate and APY for October 2026. Dividends compounded monthly and credited monthly.
Promotional rate · 2.00% interest rate · Compounded monthly · No monthly fee · Effective Oct 1, 2026
Rate checked
More details - 2.02%APY$202 a year on $10,000intro rate
Requirements
Product: Dividends compounded and credited monthly. No minimum balance required.
Offer: No minimum balance. Prospective dividend rate and APY for October 2026. Dividends compounded monthly and credited monthly.
Promotional rate · 2.00% interest rate · Compounded monthly · Effective Oct 1, 2026
Rate checked
More details - ConnectOne BankConnect Money MarketConnect Money Market · $1,000 min · 2.00%–2.10% by balance
Bank · 1 branch
2.00%APY$200 a year on $10,000Requirements
Product: Avoid the $10 monthly minimum balance fee by maintaining an average daily balance of $5,000 or more.
Offer: Avoid $10 monthly fee with $5,000+ average daily balance.
1.98% interest rate · $10 monthly fee · Effective Sep 1, 2026
Rate by balance
Rate by balance for Connect Money Market Balance APY Up to $25,000Your amount 2.00% $25,000 and up 2.10% Rate checked
More details - Liberty Savings Federal Credit UnionMoney Market AccountMoney Market Account · $2,500 min · 1.50%–2.75% by balance
Credit union · 1 branch
1.50%APY$150 a year on $10,000intro rateRequirements
Product: Projected Rates for October 2026. Rate is not guaranteed. Dividends are compounded monthly and credited monthly, calculated by the average daily balance method. Minimum balance to get started is $2,500; up to 6 withdrawals or transfers per month.
Offer: Projected rates for October 2026; rate is not guaranteed.
Promotional rate · 1.49% interest rate · Compounded monthly
Rate by balance
Rate by balance for Money Market Account Balance APY $2,500 – $25,000Your amount 1.50% $25,000 – $100,000 2.25% $100,000 – $250,000 2.50% $250,000,000 and up 2.75% Rate checked
More details - Garden Savings FCUPlatinum Money MarketPlatinum Money Market · $0 min · 0.00%–3.10% by balance
Credit union · 1 branch
1.35%APY$135 a year on $10,000Requirements
Product: $10 Monthly Fee applies for daily balances less than $10,000.
Offer: $10 Monthly Fee applies for daily balances less than $10,000.
0.00% interest rate · $10 monthly fee
Rate by balance
Rate by balance for Platinum Money Market Balance APY Up to $5,000 0.00% $5,000 – $10,000 0.50% $10,000 – $50,000Your amount 1.35% $50,000 – $100,000 1.60% $100,000 – $200,000 1.85% $200,000 – $250,000 2.10% $250,000 – $500,000 2.60% $500,000 – $1,000,000 2.85% $1,000,000 and up 3.10% Rate checked
More details - Popular BankPopular Saver Money Market AccountPopular Saver Money Market Account · $100 min · 0.05%–3.25% by balance
Bank · 1 branch
1.25%APY$125 a year on $10,000Requirements
Product: Minimum opening deposit is $100. Monthly service fee of $15 is assessed if the minimum daily balance falls below $10,000. Up to 6 transfers/withdrawals per statement cycle without a fee. Variable rates subject to change.
Offer: Initial deposit / balance of $0.01 - $9,999.99. Variable rate. Monthly fee of $15 applies if minimum daily balance is below $10,000.
0.05% interest rate · $15 monthly fee · Effective Dec 15, 2025
Rate by balance
Rate by balance for Popular Saver Money Market Account Balance APY Up to $10,000 0.05% $10,000 – $25,000Your amount 1.25% $25,000 – $50,000Monthly fee of $15 waived if minimum daily balance is at or above $10,000. 3.10% $50,000 – $250,000Monthly fee of $15 waived if minimum daily balance is at or above $10,000. 3.10% $250,000 and upMonthly fee of $15 waived if minimum daily balance is at or above $10,000. 3.25% Rate checked
More details - Selfreliance Federal Credit UnionMoney Market AccountsMoney Market Accounts · 0.05%–3.29% by balance
Credit union · 1 branch
0.75%APY$75 a year on $10,000Requirements
Product: Dividends accrue on daily balance, compound monthly and rates may be adjusted monthly. Withdrawals are limited as stated in Truth In Savings disclosure. Requires admission to membership ($5.00 par value share).
0.05% interest rate · Effective Oct 6, 2026
Rate by balance
Rate by balance for Money Market Accounts Balance APY Up to $1,000 0.05% $1,000 – $24,999Your amount 0.75% $25,000 – $74,999 1.26% $75,000 – $249,999 1.76% $250,000 – $499,999 2.27% $500,000 and up 3.29% Rate checked
More details - Garden Savings FCUHigh Yield SavingsSavings · $0 min · 0.00%–0.50% by balance
Credit union · 1 branch
0.50%APY$50 a year on $10,0000.00% interest rate
Rate by balance
Rate by balance for High Yield Savings Balance APY Up to $1,000 0.00% $1,000 – $2,500 0.30% $2,500 and upYour amount 0.50% 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 Newark, NJ
63 accounts at 22 banks and credit unions · checked Oct 6–22
- Typical
- 0.09%
- Top 10% from
- 2.02%
- Banks, typical
- 0.05%
- Credit unions, typical
- 0.50%
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New York, NY-NJ metro
Top Carrot institutions
Ranked across their CDs, savings, auto loans and credit cards. How scores work
- Quorum Federal Credit UnionCredit union · 1 branch
- BTG Pactual Bank, National AssociationBank · 1 branch
- USALLIANCE FinancialCredit union · 3 branches