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 76–90 results in Detroit, MI metro
- 0.25%APY$25 a year on $10,000
Requirements
Product: Applicable fees can reduce earnings if average daily balance drops below $2,500. Dividends are computed on each day's balance.
Offer: Applicable fees can reduce earnings if average daily balance drops below $2,500.
0.25% interest rate · Effective Oct 5, 2026
Rate by balance
Rate by balance for Money Fund Balance APY Up to $5,000 0.25% $5,000 – $25,000Your amount 0.25% $25,000 – $100,000 0.40% $100,000 – $350,000 0.40% $350,000 – $700,000 0.50% $700,000 – $1,000,000 3.56% $1,000,000 and up 3.82% Rate checked
More details - FreeStar Financial Credit UnionMoney Management AccountMoney Management Account · $1,000 min · 0.10%–0.70% by balance
Credit union · 8 branches
0.25%APY$25 a year on $10,000Requirements
Product: Limited to six electronic transactions per month (online banking, telephone banking, overdraft transfers). Funds cannot be accessed through an ATM. Dividends/interest calculated based on average daily balance and paid monthly. Money Management specials are offered for a limited time and subject to change.
Offer: Dividends compounded monthly based on 365-day period and paid monthly.
0.10% interest rate · Compounded monthly · Effective Oct 5, 2026
Rate by balance
Rate by balance for Money Management Account Balance APY $1,000 – $5,000 0.10% $5,000 – $49,999Your amount 0.25% $50,000 – $74,999 0.45% $75,000 – $99,999 0.55% $100,000 – $149,999 0.60% $150,000 and up 0.70% Rate checked
More details - 0.25%APY$25 a year on $10,000
Requirements
Product: Primary account establishing credit union membership ($5 minimum opening deposit). $5 monthly Non-Relationship Fee applies on accounts with only Member Savings; waived if account maintains a $300 daily average balance, primary member is under 24 years of age, receives direct deposit, has VIP Status, or holds other LMCU accounts (checking, loan, or CD).
Offer: Requires $100 minimum balance to earn interest. $5 monthly fee waived with $300 daily average balance, primary member under 24, direct deposit, VIP status, or other qualifying LMCU accounts.
0.25% interest rate · $5 monthly fee · Effective Jul 20, 2026
Rate checked
More details - Parda Credit UnionParda Premier SavingsSavings · $2,500 min · 0.20%–0.40% by balance
Credit union · 2 branches
0.25%APY$25 a year on $10,000Requirements
Product: Maintain a $2,500 minimum balance to earn preferred dividend rates; $5 monthly fee charged if balance falls below $2,500 requirement any day out of the month. First 3 withdrawals per month are free, then $3 charge thereafter. Membership and $1 par share deposit required.
Offer: Compounded monthly. $5 fee charged if balance falls below $2,500 requirement any day out of the month.
0.20% interest rate · Compounded monthly · $5 monthly fee
Rate by balance
Rate by balance for Parda Premier Savings Balance APY $2,500 – $10,000 0.20% $10,000 – $20,000Your amount 0.25% $20,000 – $50,000 0.30% $50,000 – $100,000 0.35% $100,000 and up 0.40% Rate checked
More details - Security Credit UnionMoney Market / IDI (Insured Daily Investment) AccountMoney Market / IDI (Insured Daily Investment) Account · $2,500 min · 0.25%–0.45% by balance
Credit union · 6 branches
0.25%APY$25 a year on $10,000Requirements
Product: Can be opened with a minimum deposit of $2,500. Penalty-free withdrawals with no minimum dollar amounts for deposits or withdrawals. Account service fee waived for accounts with average daily balance of $250 or more, open loan/credit card, open certificate, open checking share with at least three debit card transactions/checks cleared/ACH debits in month, or primary member under age 23; product page also states no account management fees.
Offer: Account service fee waived for accounts with average daily balance of $250 or more, open loan/credit card, open certificate, open checking share with at least three debit card transactions/checks cleared/ACH debits in month, or primary member under age 23.
$4.95 monthly fee · Effective Oct 5, 2026
Rate by balance
Rate by balance for Money Market / IDI (Insured Daily Investment) Account Balance APY $2,500 – $25,000Your amount 0.25% $25,000 – $50,000 0.30% $50,000 – $100,000 0.35% $100,000 – $150,000 0.40% $150,000 and up 0.45% Rate checked
More details - ELGA Credit UnionELGA Elite High Yield SavingsSavings · $200 min · 0.10%–1.00% by balance
Credit union · 2 branches
0.25%APY$25 a year on $10,000Requirements
Product: Must be an ELGA member. Minimum opening balance equals the lowest amount of each published tier. Minimum balance to earn dividends equals the minimum opening balance on Elite accounts. Balances below $1,000 earn the regular savings rate unless under $200, then no interest. Product page: no withdrawal penalties or maturity dates; only 6 electronic transactions each month. Rate table page: dividends compounded and credited quarterly. Rates are variable.
Offer: Balances below $1,000.00 earn the regular savings rate (Membership Share 0.10% APY / 0.10% dividend). Under $200.00 does not earn interest.
0.10% interest rate
Rate by balance
Rate by balance for ELGA Elite High Yield Savings Balance APY $200 – $1,000 0.10% $1,000 – $5,000opening minimum is the tier floor. 0.15% $5,000 – $10,000opening minimum is the tier floor. 0.20% $10,000 – $25,000Your amountopening minimum is the tier floor. 0.25% $25,000 – $50,000opening minimum is the tier floor. 0.35% $50,000 – $100,000opening minimum is the tier floor. 0.35% $100,000 – $250,000opening minimum is the tier floor. 0.50% $250,000 – $500,000opening minimum is the tier floor. 0.50% $500,000 – $1,000,000opening minimum is the tier floor. 0.85% $1,000,000 and upopening minimum is the tier floor. 1.00% Rate checked
More details - 0.25%APY$25 a year on $10,000
Requirements
Product: Basic membership account requiring a $5 minimum balance at all times. Dividends are compounded and credited quarterly using the daily balance computation method. Limited to 6 withdrawals or transfers per statement period (maximum 3 by check, draft, or debit card).
Offer: Must maintain a minimum daily balance of $5.00 each day to obtain the disclosed annual percentage yield.
0.25% interest rate · Effective Sep 30, 2023
Rate checked
More details - Credit Union ONEMoney Market AccountMoney Market Account · $1,000 min · 0.05%–0.55% by balance
Credit union · 13 branches
0.25%APY$25 a year on $10,000intro rateRequirements
Product: A $1,000.00 minimum daily balance required to earn APY. Accounts that remain at a zero balance for 90 consecutive days will be automatically closed out (no fee for zero balance closure).
Offer: Rates are variable.
Promotional rate · 0.05% interest rate · Effective Sep 1, 2026
Rate by balance
Rate by balance for Money Market Account Balance APY $1,000 and up 0.05% $2,500 and up 0.10% $10,000 and upYour amount 0.25% $25,000 and up 0.35% $50,000 and up 0.50% $100,000 and up 0.55% Rate checked
More details - Total Community Credit UnionMoney Market AccountMoney Market Account · $5,000 min · 0.25%–0.50% by balance
Credit union · 1 branch
0.25%APY$25 a year on $10,000Requirements
Product: Must maintain a $5,000 minimum balance to avoid a below-minimum balance fee of $15.00 per month. Limited to 6 withdrawals/transfers per month. Additional withdrawals/transfers $5.00 each. Minimum opening deposit $5,000.00. Dividends calculated using the daily balance method, compounded daily and credited monthly. Account applies tiered rates to the full balance once a tier is met.
Offer: Monthly fee of $15.00 applies if balance falls below $5,000.00.
0.25% interest rate · Compounded daily · $15 monthly fee · Effective Jan 1, 2026
Rate by balance
Rate by balance for Money Market Account Balance APY $5,000 – $25,000Your amount 0.25% $25,000 – $75,000 0.30% $75,000 – $100,000 0.35% $100,000 – $150,000 0.40% Over $150,000 0.50% Rate checked
More details - 0.25%APY$25 a year on $10,000
Requirements
Product: Avoid the $3 monthly service fee by maintaining a minimum daily balance of $300 or more.
Offer: Avoid the $3 monthly service fee with a minimum daily balance of $300 or more.
0.20% interest rate · $3 monthly fee · Effective Feb 11, 2026
Rate by balance
Rate by balance for Regular Savings Account Balance APY Up to $9,999 0.20% $10,000 – $19,999Your amount 0.25% $20,000 – $49,999 0.28% $50,000 – $99,999 0.30% $100,000 and up 0.68% Rate checked
More details - Michigan First Credit UnionSavings AccountSavings · $10 min · 0.15%–0.25% by balance
Credit union · 21 branches
0.20%APY$20 a year on $10,000Requirements
Product: Must be 18 or older to open an account (ages 13-17 can open with a parent or guardian). Minimum opening deposit of $10 required. An account aggregate balance of $100 required after the first 3 months of membership to avoid a monthly minimum balance fee.
0.15% interest rate · No monthly fee · Effective Oct 1, 2026
Rate by balance
Rate by balance for Savings Account Balance APY Up to $999 0.15% $1,000 – $4,999 0.15% $5,000 – $24,999Your amount 0.20% $25,000 and up 0.25% Rate checked
More details - 0.20%APY$20 a year on $10,000
Requirements
Product: Earn daily dividends, paid monthly. Members are permitted to make six remote (online, preauthorized, telephone transfer, auto transfer) withdrawals per month.
Offer: Earn daily dividends, paid monthly. Maximum of 6 remote withdrawals per month.
Effective Oct 1, 2026
Rate checked
More details - Michigan Schools & Government Credit UnionMoney Market Checking AccountMoney Market Checking Account · $2,500 min · 0.20%–0.40% by balance
Credit union · 22 branches
0.20%APY$20 a year on $10,000Requirements
Product: $2,500 minimum average daily balance required to earn APY. No monthly service charges or deposit fees.
Offer: $2,500 minimum average daily balance required to earn APY.
0.20% interest rate · No monthly fee · Effective Oct 5, 2026
Rate by balance
Rate by balance for Money Market Checking Account Balance APY $2,500 – $4,999 0.20% $5,000 – $7,499 0.20% $7,500 – $9,999 0.20% $10,000 – $24,999Your amount 0.20% $25,000 and up 0.40% Rate checked
More details - Public Service Credit UnionMoney Market AccountMoney Market Account · $2,500 min · 0.20%–0.70% by balance
Credit union · 11 branches
0.20%APY$20 a year on $10,000Requirements
Product: No minimum balance required. No monthly fee. No minimum balance fee, no withdrawal fee. Eligible to use as an overdraft account for Overdraft Protection. Requires Savings Account.
Offer: Dividends paid quarterly.
0.20% interest rate · No monthly fee · Effective Sep 17, 2026
Rate by balance
Rate by balance for Money Market Account Balance APY $2,500 – $25,000Your amount 0.20% $25,000 – $100,000 0.30% $100,000 – $250,000 0.45% $250,000 – $500,000 0.50% Over $500,000 0.70% Rate checked
More details - 0.20%APY$20 a year on $10,000
Requirements
Product: Must keep a minimum of $5 in the account at all times to remain a member of the Credit Union. No fee to maintain account.
Offer: The minimum balance is $5.00. Rates may change at any time. There is no fee to maintain a Share Savings account.
No monthly fee · Effective Aug 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 Detroit, MI metro
228 accounts at 80 banks and credit unions · checked Oct 16–22
- Typical
- 0.10%
- Top 10% from
- 1.43%
- Banks, typical
- 0.07%
- Credit unions, typical
- 0.10%
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Detroit, MI metro
Top Carrot institutions
Ranked across their CDs, savings, auto loans and credit cards. How scores work
- Chief Financial Credit UnionCredit union · 4 branches
- Extra Credit UnionCredit union · 2 branches
- Christian Financial Credit UnionCredit union · 12 branches