Compare Bank & Credit Union Rates
Best savings rates in Rhode Island
Compare published savings yields, money market accounts included, with minimums, requirements, collection dates and original sources.
Top savings rates
Showing 1–15 results in Rhode Island
- BrightBridge Credit UnionBridgeBuilder High Yield Savings AccountSavings · $5,000 min
Credit union · 1 branch
3.30%APY$330 a year on $10,000intro rateRequirements
Product: Available for new accounts with funds not currently held on deposit in a BrightBridge Credit Union account. No monthly maintenance fee.
Offer: Available for funds not currently on deposit with BrightBridge Credit Union.
Promotional rate · 3.25% interest rate · No monthly fee · Effective Oct 5, 2026
Rate checked
More details - 3.20%APY$320 a year on $10,000with conditions
Requirements
Product: Requires having a Beacon Bank checking account with an ownership relationship. Variable premium interest rate. Fees may reduce earnings.
Offer: Variable premium interest rate subject to change without notice. Requires an ownership relationship on a Beacon Bank checking account.
Qualified rate · Effective Sep 18, 2026
Rate checked
More details - People's Credit UnionSelect Reserve Money Market AccountSelect Reserve Money Market Account · $2,500 min
Credit union · 6 branches
3.00%APY$300 a year on $10,000with conditionsRequirements
Product: For members with an excess of $250,000 on deposit at People’s Credit Union. Must maintain a minimum daily balance of $2,500.00 to obtain the disclosed Annual Percentage Yield (APY).
Offer: For members with an excess of $250,000 on deposit at People’s Credit Union. Must maintain a minimum daily balance of $2,500.00 to obtain the disclosed Annual Percentage Yield (APY).
Qualified rate
Rate checked
More details - Westerly Community Credit UnionDiamond Savings AccountSavings · $25 min · 1.25%–2.75% by balance
Credit union · 5 branches
2.75%APY$275 a year on $10,000Requirements
Product: Limit (1) Diamond Savings account per member. Earn highest rate on balances less than $25,000. Interest compounded & posted monthly. Surcharge-free ATM access.
Offer: Earn highest rate on balances less than $25,000. Limit (1) Diamond Savings account per member.
2.72% interest rate · No monthly fee · Effective Oct 14, 2026
Rate by balance
Rate by balance for Diamond Savings Account Balance APY Up to $25,000Your amount 2.75% $25,000 and up 1.25% Rate checked
More details - Coastal1 Credit UnionPremier Money Market SpecialPremier Money Market Special · $2,500 min · 1.00%–2.50% by balance
Credit union · 18 branches
2.50%APY$250 a year on $10,000Rate by balance
Rate by balance for Premier Money Market Special Balance APY Up to $10,000 1.00% $10,000 – $50,000Your amount 2.50% $50,000 – $100,000 2.50% $100,000 – $150,000 2.50% $150,000 – $250,000 2.50% $250,000 – $500,000 2.50% $500,000 and up 2.50% Rate checked
More details - Navigant Credit UnionCompass Money MarketCompass Money Market · $2,500 min · 0.15%–2.60% by balance
Credit union · 25 branches
2.45%APY$245 a year on $10,000Requirements
Product: Minimum balance to open is $2,500. Daily balance must be maintained at $2,500 to avoid a $10 low-balance fee. Rates may change after account opening.
Offer: Tier 1
Rate by balance
Rate by balance for Compass Money Market Balance APY Up to $5,000 0.15% $5,000 – $10,000Tier 2 0.15% $10,000 – $50,000Your amountTier 3 2.45% $50,000 and upTier 4 2.60% Rate checked
More details - Washington TrustHigh-Rate Savings AccountSavings · $25 min · 2.20%–3.60% by balance
Bank · 27 branches
2.35%APY$235 a year on $10,000with conditionsRequirements
Product: Checking account required. Minimum to open is $10,000.00 of non-Washington Trust funds, or $25.00 (may be existing funds) if a Freedom Ultra Checking account holder. Freedom Ultra personal checking customers earn an additional 0.50% APY bonus (tax reported owner on checking must match tax reported owner on savings). $2,500.00 average collected daily balance required to avoid $10.00 monthly service charge; fee waived if Tax Reported Owner is under age 21 or age 62 and older. No municipal or government funds. One account per tax reported owner only.
Offer: Requires Freedom Ultra Checking account. Opening minimum is $25. Monthly fee of $10 waived with $2,500 average collected daily balance or if Tax Reported Owner is under 21 or 62+.
Qualified rate · $10 monthly fee · Effective Oct 14, 2026
Rate by balance
Rate by balance for High-Rate Savings Account Balance APY Up to $2,500 2.20% $2,500 – $25,000Your amount 2.35% $25,000 – $50,000 2.45% $50,000 – $249,999 3.50% $250,000 and up 3.60% Rate checked
More details - People's Credit UnionMax Yield Money MarketMax Yield Money Market · $2,500 min · 2.00%–2.50% by balance
Credit union · 6 branches
2.00%APY$200 a year on $10,000with conditionsRequirements
Product: To open a new Max Yield Money Market account, you must currently have an active Max Yield Checking account. Must maintain a minimum daily balance of $2,500.00 to avoid the $10.00 service charge and to obtain the disclosed APY. If the checking account is closed at any time of the month, the account will pay the current Personal Money Market rate of interest.
Offer: Must maintain a minimum daily balance of $2,500.00 to avoid the $10.00 service charge and to obtain the disclosed APY. Must have an active Max Yield Checking Account to obtain the higher rate of interest.
Qualified rate · $10 monthly fee · Effective Oct 22, 2026
Rate by balance
Rate by balance for Max Yield Money Market Balance APY $2,500 and upYour amount 2.00% $50,000 and up 2.25% $500,000 and up 2.50% Rate checked
More details - Centreville BankHigh Yield Savings AccountSavings · $10,000 min · 2.00%–2.50% by balance
Bank · 16 branches
2.00%APY$200 a year on $10,000intro rateRequirements
Product: Requires a minimum of $10,000 in New Money (funds not on deposit with Centreville Bank within the last 30 days) to open. Limited time offer. Avoid $5 monthly maintenance fee by maintaining a minimum daily balance of $1,000.
Offer: Requires minimum $10,000 New Money to open. Avoid $5.00 monthly maintenance fee by maintaining a minimum daily balance of $1,000.
Promotional rate · $5 monthly fee
Rate by balance
Rate by balance for High Yield Savings Account Balance APY $2,500 – $50,000Your amount 2.00% $50,000 – $100,000 2.25% $100,000 and up 2.50% Rate checked
More details - BrightBridge Credit UnionHigh Yield SavingsSavings · $10,000 min · 2.00%–2.85% by balance
Credit union · 1 branch
2.00%APY$200 a year on $10,000Requirements
Product: No monthly maintenance fee. Minimum opening balance is $10,000. Rates subject to change after opening.
1.98% interest rate · No monthly fee · Effective Oct 5, 2026
Rate by balance
Rate by balance for High Yield Savings Balance APY Up to $50,000Your amount 2.00% $50,000 and up 2.85% Rate checked
More details - Washington TrustHigh-Rate Savings AccountSavings · $10,000 min · 1.70%–3.10% by balance
Bank · 27 branches
1.85%APY$185 a year on $10,000with conditionsRequirements
Product: Checking account required. Minimum to open is $10,000.00 of non-Washington Trust funds, or $25.00 (may be existing funds) if a Freedom Ultra Checking account holder. Freedom Ultra personal checking customers earn an additional 0.50% APY bonus (tax reported owner on checking must match tax reported owner on savings). $2,500.00 average collected daily balance required to avoid $10.00 monthly service charge; fee waived if Tax Reported Owner is under age 21 or age 62 and older. No municipal or government funds. One account per tax reported owner only.
Offer: Standard High-Rate Savings rate. Monthly fee of $10 waived with $2,500 average collected daily balance or if Tax Reported Owner is under 21 or 62+.
Qualified rate · 1.68% interest rate · $10 monthly fee · Effective Oct 14, 2026
Rate by balance
Rate by balance for High-Rate Savings Account Balance APY Up to $2,500 1.70% $2,500 – $25,000Your amount 1.85% $25,000 – $50,000 1.95% $50,000 – $249,999 3.00% $250,000 and up 3.10% Rate checked
More details - Ocean State Credit UnionPersonal Money Market AccountPersonal Money Market Account · $2,500 min · 1.50%–2.00% by balance
Credit union · 6 branches
1.50%APY$150 a year on $10,000Requirements
Product: A balance of $2,500.00 is required to maintain a Money Market Account and earn APY. Interest is compounded and credited monthly. Touch-tone teller access available.
Offer: Tier 1
1.49% interest rate · No monthly fee
Rate by balance
Rate by balance for Personal Money Market Account Balance APY $2,500 – $25,000Your amount 1.50% $25,000 – $50,000Tier 2 1.70% $50,000 – $75,000Tier 3 1.90% $75,000 and upTier 4 2.00% Rate checked
More details - CME Credit UnionMyLife Tiered SavingsSavings · $0 min · 1.50%–3.50% by balance
Credit union · 2 branches
1.50%APY$150 a year on $10,000Requirements
Product: Rates are subject to change without notice and may change monthly. No monthly maintenance fees. Fees may reduce earnings on the account. Other conditions may apply.
Offer: Tier 1 for balances from $0.00 to $29,999.99.
1.49% interest rate · No monthly fee · Effective Oct 14, 2026
Rate by balance
Rate by balance for MyLife Tiered Savings Balance APY Up to $30,000Your amount 1.50% $30,000 and up 3.50% Rate checked
More details - Centreville BankPersonal Premium Money MarketPersonal Premium Money Market · $10,000 min · 1.20%–2.30% by balance
Bank · 16 branches
1.20%APY$120 a year on $10,000Requirements
Product: High-yield savings benefits combined with check-writing capabilities. Opening deposit of $10,000 required. Monthly maintenance fee of $10 imposed if balance falls below $10,000 any day of the statement cycle. Rate may change after account is opened.
Offer: Tier 1. Rate may change after the account is opened. Monthly maintenance fee of $10.00 will be imposed if the balance falls below $10,000 any day of the statement cycle.
$10 monthly fee
Rate by balance
Rate by balance for Personal Premium Money Market Balance APY $10,000 – $25,000Your amount 1.20% $25,000 – $50,000Tier 2. 1.40% $50,000 – $100,000Tier 3. 1.60% $100,000 – $250,000Tier 4. 1.80% $250,000 – $500,000Tier 5. 2.05% $500,000 and upTier 6. 2.30% Rate checked
More details - Westerly Community Credit UnionAdvantage Money Market AccountAdvantage Money Market Account · $100 min · 1.00%–3.05% by balance
Credit union · 5 branches
1.00%APY$100 a year on $10,000with conditionsRequirements
Product: A minimum balance of $100 and an active eChecking account is required. If requirements not met, the lowest tier rate published on that day will apply. Interest is compounded monthly and credited to your account monthly.
Offer: Requires an active eChecking account and minimum balance of $100. If requirements not met, the lowest tier rate published on that day will apply.
Qualified rate · 0.99% interest rate · Compounded monthly · No monthly fee · Effective Oct 15, 2026
Rate by balance
Rate by balance for Advantage Money Market Account Balance APY $100 – $20,000Your amount 1.00% $20,000 – $50,000Requires an active eChecking account. 1.40% $50,000 – $100,000Requires an active eChecking account. 2.50% $100,000 – $250,000Requires an active eChecking account. 2.80% $250,000 and upRequires an active eChecking account. 3.05% 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 Rhode Island
80 accounts at 27 banks and credit unions · checked Oct 6–22
- Typical
- 0.10%
- Top 10% from
- 2.00%
- Banks, typical
- 0.05%
- Credit unions, typical
- 0.20%
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Rhode Island
Top Carrot institutions
Ranked across their CDs, savings, auto loans and credit cards. How scores work
- Shoreham BankBank · 3 branches
- Coastal1 Credit UnionCredit union · 18 branches
- Ocean State Credit UnionCredit union · 6 branches