Compare Bank & Credit Union Rates
Best savings rates in Virginia
Compare published savings yields, money market accounts included, with minimums, requirements, collection dates and original sources.
Top savings rates
Showing 1–15 results in Virginia
- 5.00%APY$500 a year on $10,000with conditions
Requirements
Product: Available to new customers only. 12-month term with simple interest credited at maturity. Early withdrawal penalty applies. Minimum contract deposit amount is $1,000 and maximum contract deposit amount is $15,000. All bonus requirements must be fulfilled within 3 months of account opening and maintained through maturity.
Offer: Includes base rate (3.50% APY) plus +0.50% APY for opening a Woori America Bank Checking Account with monthly ACH deposits of at least $100, +0.50% APY for paperless eStatements, and +0.50% APY for opening a Woori America Bank Credit Card and linking checking account for payments (subject to credit approval).
Qualified rate · Balance cap $15,000 · Effective Apr 29, 2026
Rate checked
More details - 4.40%APY$440 a year on $10,000with conditions
Requirements
Product: Must maintain an open/eligible U.S. HSBC Premier checking account linked to the savings account. Not available to business customers.
Offer: Relationship APY when eligibility requirements are met.
Qualified rate
Rate checked
More details - Justice Federal Credit UnionFreedom Direct SavingsSavings · $0 min · 0.15%–4.00% by balance
Credit union · 4 branches
4.00%APY$400 a year on $10,000with conditionsRequirements
Product: One Freedom Direct Savings per Justice Federal membership. No monthly service fees and no minimum balance requirement. No minimum opening deposit. Variable rate account.
Offer: Qualifying rate requires direct deposit(s) of at least $500.00 to a Freedom Direct, Justice National, Beyond the Badge or Student checking account during a month.
Qualified rate · 3.94% interest rate · No monthly fee · Effective Oct 1, 2026
Rate by balance
Rate by balance for Freedom Direct Savings Balance APY Up to $25,000Your amount 4.00% Over $25,000 0.15% Rate checked
More details - 4.00%APY$400 a year on $10,000
Requirements
Offer: Variable rate account. Rates are subject to change at any time without notice and are not guaranteed until the account is opened. Fees may reduce earnings.
3.92% interest rate · No monthly fee · Effective Sep 24, 2026
Rate checked
More details - 4.00%APY$400 a year on $10,000intro rate
Requirements
Product: Available only on new accounts for members who have not had an open consumer or business money market account within the past 90 days. Must be funded with new money not already on deposit with Beacon. Requires a $5 membership share to qualify for Beacon products.
Offer: Promotional rate guaranteed for six months from account opening date with a deposit of $5,000 or greater in new money. After six months, dividends revert to standard tiered rates.
Promotional rate
Rate checked
More details - 3.85%APY$385 a year on $10,000
Requirements
Product: Available online. Deposit accounts are not available in Puerto Rico or other US territories.
Offer: Variable earnings. No confusing tiers. No cap on interest earned. No overdraft fees. $1.00 minimum opening deposit required and no minimum amount required to obtain APY.
Effective Dec 1, 2025
Rate checked
More details - Langley Credit UnionHigh-Yield SavingsSavings · $0 min · 0.05%–3.75% by balance
Credit union · 19 branches
3.75%APY$375 a year on $10,000Requirements
Product: Tiered rate account. Dividends calculated by average daily balance and compounded monthly. Requires enrollment in eStatements and limited to one withdrawal per calendar month; if requirements are not met or more than one withdrawal occurs, earns 0.05% APY on the entire balance. Limit 1 High-Yield Savings account per member. No monthly fees and no minimum deposit required. $5 deposit to savings account required for membership. High yield rate also applies when MyDesign Checking Steady Saver or All-In requirements are met on balances up to $25,000.
Offer: Standard tier: Earn 3.75% APY on average daily balances up to $25,000 with eStatements and max 1 withdrawal per month.
Compounded monthly · No monthly fee
Rate by balance
Rate by balance for High-Yield Savings Balance APY Up to $25,000Your amount 3.75% $25,000 and up 0.05% Rate checked
More details - 3.75%APY$375 a year on $10,000with conditions
Requirements
Product: Personal accounts only (not available for businesses). Daily balance method used to calculate interest. Interest compounded and credited monthly on the last business day of the month.
Offer: When you maintain an open Advantage Checking account.
Qualified rate · Effective Oct 1, 2026
Rate checked
More details - 3.75%APY$375 a year on $10,000with conditions
Requirements
Product: Requires checking account. Monthly service fee $0, minimum balance $0.
Qualified rate · No monthly fee · Effective Sep 25, 2026
Rate by balance
Rate by balance for Smart Savings Balance APY Up to $10,000Your amount 3.75% $10,000 – $25,000APY ranges from 3.75% to 3.00%. 3.00% $25,000 – $100,000,000APY ranges from 3.00% to 0.75%. 0.75% Rate checked
More details - 3.50%APY$350 a year on $10,000with conditions
Requirements
Product: Available to new customers only. 12-month term with simple interest credited at maturity. Early withdrawal penalty applies. Minimum contract deposit amount is $1,000 and maximum contract deposit amount is $15,000. All bonus requirements must be fulfilled within 3 months of account opening and maintained through maturity.
Offer: Base rate for opening SmartStep Installment Savings Account.
Qualified rate · Balance cap $15,000 · Effective Apr 29, 2026
Rate checked
More details - RVA FinancialEmpower RVA Money MarketEmpower RVA Money Market · $5,000 min · 0.00%–3.50% by balance
Credit union · 2 branches
3.50%APY$350 a year on $10,000Requirements
Product: Tiered rate structure. $10 fee applies monthly if balance falls below stated minimum ($5,000.00). Withdrawals and transfers in excess of six per month are subject to $10 fee per occurrence.
Offer: Balances from $0.00-$4,999.99 earn 0.00% APY. $10 monthly maintenance fee applies if daily balance falls below $5,000.
0.00% interest rate · $10 monthly fee · Effective Apr 17, 2026
Rate by balance
Rate by balance for Empower RVA Money Market Balance APY Any balance 0.00% $5,000 and upYour amount 3.50% Rate checked
More details - Truliant Federal Credit UnionHigh Yield Rewards SavingsSavings · $1,000 min · 1.00%–3.40% by balance
Credit union · 2 branches
3.40%APY$340 a year on $10,000with conditionsRequirements
Product: Requires maintaining a $1,000 average monthly balance to avoid a $10 monthly service fee. Minimum $1,000 to open. One account per membership.
Offer: Premium Rate: To receive the premium interest rate an active checking account that meets monthly minimums of $500 in deposits and 10 withdrawals is required. The premium rate will be applied at the end of each month on balances up to $25,000. Automatically earned for the first two statement cycles. $10 monthly fee waived with $1,000 average monthly balance.
Qualified rate · 3.33% interest rate · $10 monthly fee · Effective Oct 1, 2026
Rate by balance
Rate by balance for High Yield Rewards Savings Balance APY Up to $25,000Your amount 3.40% $25,000 and up 1.00% Rate checked
More details - The Freedom Bank of VirginiaWelcome2Freedom High-Yield Money MarketWelcome2Freedom High-Yield Money Market · $500 min
Bank · 6 branches
3.25%APY$325 a year on $10,000intro rateRequirements
Product: Minimum opening deposit of $500. $25.00 monthly fee if the balance falls below $2,500.00. New Money Only. Consumer Only.
Offer: $25.00 monthly fee if the balance falls below $2,500.00. Interest compounded daily. New Money Only. Consumer Only.
Promotional rate · 3.20% interest rate · Compounded daily · $25 monthly fee · Effective Oct 7, 2026
Rate checked
More details - 3.25%APY$325 a year on $10,000intro rate
Requirements
Product: For consumer accounts only. Promotional rate guaranteed for 6 months after meeting qualifying requirements, after which dividends return to prevailing APYs. Minimum opening amount of $5,000 must come from sources other than Freedom First Credit Union. If Average Daily Balance falls below $5,000, Dividend Rate and APY become 0.01%. $5 membership deposit required.
Offer: Guaranteed for 6 months after meeting qualifying requirements. New money required: $5,000 from sources other than Freedom First Credit Union. If Average Daily Balance falls below $5,000, Dividend Rate and APY become 0.01%. Consumer accounts only.
Promotional rate · Balance cap $1,000,000 · Effective Sep 17, 2026
Rate checked
More details - 3.25%APY$325 a year on $10,000with conditions
Requirements
Product: Personal accounts only (not available for businesses). Daily balance method used to calculate interest. Interest compounded and credited monthly on the last business day of the month.
Offer: Without an Advantage Checking account.
Qualified rate · Effective Oct 1, 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 Virginia
402 accounts at 151 banks and credit unions · checked Oct 15–22
- Typical
- 0.15%
- Top 10% from
- 2.48%
- Banks, typical
- 0.20%
- Credit unions, typical
- 0.15%
Is your bank paying you enough?
Find your bank or credit union to see all its rates and how they compare near you.
Virginia
Top Carrot institutions
Ranked across their CDs, savings, auto loans and credit cards. How scores work
- Hanscom Federal Credit UnionCredit union · 1 branch
- Langley Credit UnionCredit union · 19 branches
- EagleBankBank · 3 branches