Compare Bank & Credit Union Rates
Best high-yield savings rates
Compare published savings yields, money market accounts included, with minimums, requirements, collection dates and original sources.
Top savings rates
Showing 1–15 of 501 results in Michigan
- 5.00%APY$500 a year on $10,000with conditions
Requirements
Product: To earn the advertised rate, members must maintain an active Amped Checking account, meet all monthly qualification requirements, and have an eligible loan in good standing with the Credit Union. If Amped Checking qualifications are not met, the dividend rate will be 0.01% APY. If the member no longer has an active loan, they have 30 days to open a new qualifying loan or the account will be closed and funds transferred to a Regular Share account.
Offer: Variable rate. Requires active Amped Checking meeting monthly requirements and eligible loan in good standing.
Qualified rate · 4.89% interest rate · Balance cap $25,000 · No monthly fee · Effective Nov 6, 2026
Rate checked
More details - 4.00%APY$400 a year on $10,000with conditions
Requirements
Product: Requires a MyLife Checking account and enrollment in e-statements. Optional Debit Card Purchase Round Up available. Limited to one account per SSN. Rate tiers: Qualifying tier (up to $100,000) earns 3.93% interest (4.00% APY) on the portion of the balance within the tier; balances over $100,000 earn 0.02% interest, resulting in a blended APY range from 0.02% to 4.00%. Non-qualifying rate is 0.02% APY on the full balance.
Offer: Non-qualifying rate applies to balance if account qualifications are not met for the monthly qualification cycle.
Qualified rate · 0.02% interest rate · Effective Oct 30, 2026
Rate by balance
Rate by balance for MyLife Savings Balance APY Any balance 0.02% Up to $100,000Your amountQualifying tier: requires minimum 20 debit card purchases posting to MyLife Checking per statement cycle and monthly e-statements. Rate applies to portion of balance within tier. 4.00% Over $100,000Requires 20 debit card purchases and e-statements. 0.02%* Rate checked
More details - 3.75%APY$375 a year on $10,000with conditions
Requirements
Product: Dividends compounded and credited monthly. No minimum balance to open. No monthly maintenance fee.
Offer: Requires account activity to meet Advantage Plus Rewards qualifications and a daily balance of $10,000 or above.
Qualified rate · No monthly fee
Rate checked
More details - Chief Financial Credit UnionMoney Market AccountMoney Market Account · $500 min
Credit union · 4 branches
3.65%APY$365 a year on $10,000intro rateRequirements
Product: Membership eligibility is required to open an account. Compounded monthly.
Offer: Variable-rate account; rate may change at any time after account opening. Minimum daily balance of $500 required to obtain stated APY. Members forfeit dividends if account is closed before accrued dividends post.
Promotional rate · 3.59% interest rate · Compounded monthly · Effective Oct 1, 2026
Rate checked
More details - orsa credit unionNew Money Market PromoNew Money Market Promo · $0 min · 0.00%–4.20% by balance
Credit union · 14 branches
3.50%APY$350 a year on $10,000intro rateRequirements
Product: One Money Market per Social Security number and no Money Market account open in the last 6 months. Eligible members can open now through 12/31/2026; rate applies through 12/31/2027. Membership eligibility required. No monthly service fee. Unlimited withdrawal and transfers.
Offer: Minimum to Earn APY $0. Eligible members can open now through 12/31/2026; rate applies through 12/31/2027. One Money Market per SSN and no Money Market open in last 6 months.
Promotional rate · 0.00% interest rate · No monthly fee · Effective Nov 6, 2026
Rate by balance
Rate by balance for New Money Market Promo Balance APY Any balance 0.00% $2,000 and upMinimum to Earn APY $2,000. 1.10% $10,000 and upYour amount 3.50% $5,000,000 and upMinimum to Earn APY $5,000,000. 4.20% Rate checked
More details - 3.50%APY$350 a year on $10,000with conditions
Requirements
Product: No minimum balance to open. One High Yield Savings per member. Base rate applies up to $50,000; to earn 3.50% APY, must pair with an active FreePlus Checking account meeting monthly requirements (direct deposit of $500+, 10 posted debit transactions, estatements, and log into online banking at least once per month).
Offer: Requires active FreePlus Checking account with direct deposit of $500+, 10 posted debit card transactions, monthly estatements, and online banking login at least 1x per month. Rate applies on balances up to $50,000.
Qualified rate · Balance cap $50,000 · Effective Oct 30, 2026
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More details - 3.40%APY$340 a year on $10,000
Requirements
Product: Unlimited Withdrawals. Eligible for overdraft protection.
Offer: $1,000 minimum deposit to maximize earnings.
3.35% interest rate · Effective Oct 30, 2026
Rate checked
More details - 3.37%APY$337 a year on $10,000with conditions
Requirements
Product: *Terms & Conditions: Amplify Money Market *APY = Annual Percentage Yield. Rates accurate as of 5/4/26. $0.01 minimum deposit required to earn the base dividend of 0.50% APY. An additional bonus dividend of 2.87% APY requires at least 1 cleared credit card transaction per month on a Select Credit Card or Select Rewards Credit Card account AND at least 1 cleared signature-based or PIN-based point of sale (POS) debit transaction per month (PIN-based ATM transactions not eligible) on a Benefits Checking or Connect Checking account – In order to satisfy the relationship bonus dividend requirements, credit card and debit card transactions must be from accounts within the same membership as the Amplify Money Market account and transactions must be posted by 5:00 PM EST on the last business day of the month. Please note that Honor posts transactions based on how they are received from merchants. Accounts meeting both of the qualifying requirements will earn a total dividend of 3.37% APY. Rates are variable and subject to change without notice. Insured by NCUA. Learn More Apply Now
Offer: Total dividend of 3.37% APY (includes additional bonus dividend of 2.87% APY). Requires at least 1 cleared credit card transaction per month on a Select Credit Card or Select Rewards Credit Card account AND at least 1 cleared signature-based or PIN-based point of sale (POS) debit transaction per month (PIN-based ATM transactions not eligible) on a Benefits Checking or Connect Checking account within the same membership, posted by 5:00 PM EST on the last business day of the month. $0.01 minimum deposit required.
Qualified rate · 2.87% interest rate · Effective Nov 6, 2026
Rate checked
More details - 3.30%APY$330 a year on $10,000intro rate
Requirements
Product: $1,000 minimum daily balance required to earn the annual percentage yield. Accounts that remain at a zero balance for 90 consecutive days will be automatically closed out (no fee for zero balance closure).
Offer: Limited time promotional rate for the first seven months on new money. New money means funds not currently held on deposit at Credit Union ONE; transfers from existing accounts do not qualify. After seven months, rate adjusts to the current applicable APY and will be variable. (Text also mentions promotional rate of 3.25% APY in footnote, but table lists Interest Rate 3.25% and APY 3.30%).
Promotional rate · 3.25% interest rate · Balance cap $250,000 · Effective Sep 1, 2026
Rate checked
More details - 3.25%APY$325 a year on $10,000with conditions
Requirements
Product: To qualify for the MaxYield rate and perks, members must maintain a CoVantage checking account and membership savings account in good standing, receive at least one qualifying direct deposit (or deposit $1,000+ via check) per 34-day qualification cycle (members age 12-22 exempt), and complete at least 4 debit or credit card purchase transactions per qualification cycle. Rate applies to the primary membership share savings account balance.
Offer: $10.00 Minimum. Dividend computed on daily balance and credited to account monthly. Subject to meeting MaxYield monthly qualification requirements.
Qualified rate · 3.20% interest rate · No monthly fee · Effective Oct 30, 2026
Rate checked
More details - CommunityAmerica Credit UnionAdvantage Money MarketAdvantage Money Market · $1,000 min
Credit union · 2 branches
3.20%APY$320 a year on $10,000Requirements
Product: Variable rate. Compounded daily and credited monthly. Requires maintaining the minimum daily balance required to earn the APY.
Offer: Subject to a $10 monthly fee if balance falls below $1,000 at any time.
3.15% interest rate · Compounded daily · $10 monthly fee · Effective Oct 30, 2026
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More details - 3.10%APY$310 a year on $10,000with conditions
Requirements
Product: Must have an Extra Mile Checking account and meet requirements: Direct Deposit, E-statements, 1 Online Banking login, and 12 Route 31 debit or credit card transactions.
Offer: Must have an Extra Mile Checking account and meet requirements: Direct Deposit, E-statements, 1 Online Banking login, and 12 Route 31 debit or credit card transactions.
Qualified rate · Balance cap $31,000
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More details - Filer Credit UnionFiler Loyalty SavingSavings · $0 min · 0.10%–3.04% by balance
Credit union · 4 branches
3.04%APY$304 a year on $10,000with conditionsRequirements
Product: Must be 18 years old or older. Must have Filer Loyalty Checking Account, enroll in e-statements, make a minimum of 10 debit transactions per month (ATM transactions do not count), log into online banking a minimum of 2 times per month, and set up direct deposit/ACH deposit of at least $500 per month. If qualifications are not met, account earns non-qualifying base rate (0.10% APY).
Offer: Base / non-qualifying rate when qualifications are not met.
Qualified rate · No monthly fee · Effective Mar 1, 2025
Rate by balance
Rate by balance for Filer Loyalty Saving Balance APY Any balance 0.10% Up to $100,000Your amount 3.04% Over $100,000 0.10% Rate checked
More details - Lake Trust Credit UnionAspire SavingsSavings · $0 min · 0.05%–3.00% by balance
Credit union · 24 branches
3.00%APY$300 a year on $10,000Requirements
Product: Restricted to one account per membership. Membership Savings Account is required to establish membership. Blended rate account where each dividend rate applies to daily balance within that tier.
Offer: Applies to daily balance within the tier ($0.01 - $10,000.00). Interest compounded monthly.
Compounded monthly · No monthly fee · Effective Nov 2, 2026
Rate by part of balance
Rate by balance for Aspire Savings Balance APY Up to $10,000 3.00% Over $10,000 0.05% Each rate is paid on the part of the balance in its range.
Rate checked
More details - 3.00%APY$300 a year on $10,000with conditions
Requirements
Product: Must link with a Kasasa checking account (Kasasa Cash, Kasasa Cash Back, Kasasa Eats, or Kasasa Play). Monthly qualification cycle requires at least 15 debit card purchases of $5 or more and enrollment in e-statements. ACH payment/deposit required except for Kasasa Eats and Kasasa Play. Limit 1 account per SSN.
Offer: Qualifying rate on balances up to $50,000 when monthly qualifications are met in linked Kasasa checking account.
Qualified rate · 2.96% interest rate · Balance cap $50,000 · No monthly fee · Effective Oct 5, 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 Michigan
507 accounts at 167 banks and credit unions · checked Nov 6–7
- Typical
- 0.15%
- Top 10% from
- 1.53%
- Credit unions, typical
- 0.15%
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Michigan
Top Carrot institutions
Ranked across their CDs, savings, auto loans and credit cards. How scores work
- Settlers Federal Credit UnionCredit union · 2 branches
- Great Lakes First Federal Credit UnionCredit union · 2 branches
- Dow Credit UnionCredit union · 2 branches