Compare Bank & Credit Union Rates
Best savings rates in Tennessee
Compare published savings yields, money market accounts included, with minimums, requirements, collection dates and original sources.
Top savings rates
Showing 1–15 results in Tennessee
- Knoxville TVA Employees Credit UnionEducational Savings PlanSavings · $0 min
Credit union · 24 branches
4.28%APY$428 a year on $10,000Requirements
Product: No minimum opening deposit. Must be open for a minimum of 3 years and pays out on child's college entrance date or 18th birthday. Paper statements cost $2.00/month.
Offer: Applicable for terms of 121 months or more.
4.20% interest rate · $2 monthly fee · Effective Oct 15, 2026
Rate checked
More details - Knoxville TVA Employees Credit UnionEducational Savings PlanSavings · $0 min
Credit union · 24 branches
4.02%APY$402 a year on $10,000Requirements
Product: No minimum opening deposit. Must be open for a minimum of 3 years and pays out on child's college entrance date or 18th birthday. Paper statements cost $2.00/month.
Offer: Applicable for terms of 61 through 120 months.
3.95% interest rate · $2 monthly fee · Effective Oct 15, 2026
Rate checked
More details - 4.00%APY$400 a year on $10,000with conditions
Requirements
Product: Links to free Kasasa Cash Back® or Kasasa Cash® checking. Automatic transfers of Kasasa Cash® earnings.
Offer: Qualifying for Kasasa Cash® rewards automatically qualifies you for the highest Kasasa Saver® rate. Qualifications per Monthly Qualification Cycle: at least 1 direct deposit, ACH credit, or ACH payment transaction (minimum $1 each); at least 12 debit card purchases post and settle; enrolled in and review eStatements.
Qualified rate · Balance cap $50,000 · No monthly fee
Rate checked
More details - 4.00%APY$400 a year on $10,000intro rate
Requirements
Product: Offer is applicable to consumer Money Market accounts. Account must be funded with new money not currently on deposit with SmartBank and not previously on deposit within the last 180 days. In-person opening requires printing the offer or referencing 'Summer 2026 Money Market Special'.
Offer: Special promotional rate. Variable rate account; interest compounds daily. A $2,500 minimum opening deposit of new money is required to obtain APY; after opening, no minimum balance is required to continue earning the APY. $10 monthly service fee is waived if a minimum daily balance of $2,500 is maintained on every day of the statement cycle.
Promotional rate · 3.92% interest rate · $10 monthly fee · Effective Jun 30, 2026
Rate checked
More details - 3.75%APY$375 a year on $10,000intro rate
Requirements
Product: Not available to open online; must be opened in person and funded with new money (funds not already on deposit at Altra). One account per member; personal accounts only (not available to Guardianship, Rep Payee, or UTMA accounts). No minimum deposit or minimum balance required. Additional deposits in-person only, up to $250,000 maximum. Earns posted APY on balances up to $250,000; amounts over $250,000 deposited to regular savings. Dividends paid monthly. Limited time offer.
Promotional rate · 3.69% interest rate · Balance cap $250,000 · Effective Jul 1, 2026
Rate checked
More details - 3.75%APY$375 a year on $10,000
Requirements
Product: Avoid $5 monthly service fee by maintaining a $1,500 minimum daily balance. $2.00 per item fee for each debit transaction in excess of six per statement cycle. Unlimited in-person or mail withdrawals. Bill pay is $5.95/month if opted in and not used monthly. Rates are variable and may change after account opening. Must maintain a daily balance of $1,500.00 to obtain disclosed APY. Interest compounded and credited quarterly.
Offer: Must maintain a minimum balance of $1,500.00 in the account each day to obtain the disclosed APY. Variable rate. Avoid $5 monthly service fee by maintaining a $1,500 minimum daily balance. Compounded and credited quarterly.
$5 monthly fee · Effective Jul 7, 2026
Rate checked
More details - Republic BankPromotional Premium Money Market AccountPromotional Premium Money Market Account · $5,000 min · 0.65%–3.75% by balance
Bank · 4 branches
3.75%APY$375 a year on $10,000with conditionsRequirements
Product: Requires applicant to be a Tennessee resident and not have a Republic Bank personal Money Market account at opening. Must open or maintain a primary Republic personal checking account and conduct 5 or more qualifying transactions (Direct deposit ACH credit, Bill Pay, POS Debit, ACH Debit) within any one of the first 3 statement cycles following opening; otherwise rate reverts to standard chart. Must be opened with at least $5,000 in funds not currently held on deposit at Republic Bank. A $10 fee applies if balance falls below $5,000 during statement cycle. Interest rate paid on entire balance.
Qualified rate · 0.65% interest rate · $10 monthly fee · Effective Oct 4, 2026
Rate by balance
Rate by balance for Promotional Premium Money Market Account Balance APY Up to $5,000 0.65% $5,000 – $100,000Your amountPromotional rate requires qualifying checking account and transaction criteria. 3.75% $100,000 – $7,500,000Promotional rate requires qualifying checking account and transaction criteria. 3.75% Over $7,500,000 0.65% Rate checked
More details - Knoxville TVA Employees Credit UnionEducational Savings PlanSavings · $0 min
Credit union · 24 branches
3.50%APY$350 a year on $10,000Requirements
Product: No minimum opening deposit. Must be open for a minimum of 3 years and pays out on child's college entrance date or 18th birthday. Paper statements cost $2.00/month.
Offer: Applicable for terms of 36 through 60 months.
3.45% interest rate · $2 monthly fee · Effective Oct 15, 2026
Rate checked
More details - 3.50%APY$350 a year on $10,000
Requirements
Product: No minimum opening balance, no minimum balance to earn dividends, and no monthly service charges. Interest accrual applies up to a maximum balance of $5,000,000.
Offer: Flat rate on balances up to $5,000,000; compounded and credited monthly.
3.45% interest rate · Balance cap $5,000,000 · No monthly fee · Effective Jul 1, 2026
Rate checked
More details - 3.50%APY$350 a year on $10,000with conditions
Requirements
Product: Must have a TriStar personal checking account. Limit 1 account per SSN. To qualify for higher interest rates, must have monthly direct deposit/ACH credit or minimum of 10 debit card transactions during the monthly statement cycle.
Offer: When qualification requirements are met (direct deposit/ACH credit or at least 10 debit card transactions post and settle during statement cycle).
Qualified rate · Balance cap $50,000 · No monthly fee · Effective May 1, 2026
Rate checked
More details - 3.40%APY$340 a year on $10,000with conditions
Requirements
Product: Must be paired with an active FirstBank CD with a term of 6 months or greater.
Offer: Earn 3.40% APY on balances up to $50,000 when paired with an active FirstBank CD with a term of 6 months or greater. $5 monthly service charge if balance falls below $50 at any given time (or any day of the statement cycle). Interest credited on balances of $0.01 and above.
Qualified rate · Balance cap $50,000 · $5 monthly fee
Rate checked
More details - Financial FederalPersonal Savings - Money MarketPersonal Savings - Money Market · 3.35%–3.45% by balance
Bank · 1 branch
3.35%APY$335 a year on $10,000Requirements
Product: Rate and offer subject to change without notice and after account opening. Interest earned on the entire daily balance. Fees could reduce earnings on account. Not available to institutional investors. Account openings are subject to Bank approval and may be declined on certain factors.
Offer: Balances over $100,000. Interest earned on the entire daily balance. Fees could reduce earnings on account. Rate subject to change after account opening.
Effective Sep 24, 2026
Rate by balance
Rate by balance for Personal Savings - Money Market Balance APY Any balance 3.45% $5,000 – $100,000Your amount 3.35% Rate checked
More details - 3.35%APY$335 a year on $10,000
Requirements
Product: Requires a minimum balance of $5,000 to earn dividends. Variable rate. Direct deposit recommended to maximize earnings. No limit on monthly transactions.
Offer: Minimum balance of $5,000 to earn dividends. Variable rate.
No monthly fee
Rate checked
More details - 3.30%APY$330 a year on $10,000
Requirements
Product: High-Yield Money Market accounts are variable-rate accounts, and the rates may change. The Annual Percentage Yield (APY) stated is accurate as of October 1, 2026. For more information regarding fees, please see the Rate and Fee Addendum.
3.25% interest rate · Effective Oct 1, 2026
Rate checked
More details - Huntington BankHuntington Relationship SavingsSavings · $100 min · 0.06%–3.25% by balance
Bank · 30 branches
3.25%APY$325 a year on $10,000with conditionsRequirements
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: Promotional Rate with open Private Client Account; requires new money to Huntington. Rate applies to ZIP code 43215.
Qualified rate · 0.06% interest rate · $10 monthly fee · Effective Oct 5, 2026
Rate by balance
Rate by balance for Huntington Relationship Savings Balance APY Up to $5,000 0.06% $5,000 – $2,000,001Your amountPromotional Rate with open Huntington Perks Checking account; 3.25% $2,000,001 – $100,000,000,000Bank reserves the right to limit acceptance of deposits greater than $2,000,000.00. 0.06% 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 Tennessee
385 accounts at 153 banks and credit unions · checked Oct 15–22
- Typical
- 0.20%
- Top 10% from
- 2.00%
- Banks, typical
- 0.20%
- Credit unions, typical
- 0.20%
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Tennessee
Top Carrot institutions
Ranked across their CDs, savings, auto loans and credit cards. How scores work
- Knoxville TVA Employees Credit UnionCredit union · 24 branches
- LGWFCUCredit union · 1 branch
- Bowater Credit UnionCredit union · 5 branches