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 16–22 results in Red Wing, MN metro
- Heritage BankMONEY MARKET SAVINGSMONEY MARKET SAVINGS · $0 min · 0.10%–0.20% by balance
Bank · 1 branch
0.15%APY$15 a year on $10,000Requirements
Product: Interest earned on a daily ledger balance. The interest rate and Annual Percentage Yield may change after account opening. Fees could reduce the earnings on the account.
Offer: Tier 1. Interest earned on a daily ledger balance. Interest rate and APY may change after account opening.
0.10% interest rate
Rate by balance
Rate by balance for MONEY MARKET SAVINGS Balance APY Up to $2,500 0.10% $2,500 – $10,000Tier 2. 0.12% $10,000 – $25,000Your amountTier 3. 0.15% $25,000 – $100,000Tier 4. 0.20% $100,000 and upTier 5. 0.20% Rate checked
More details - 0.10%APY$10 a year on $10,000
Requirements
Product: Interest compounds daily and credits quarterly. A $5.00 service charge is imposed quarterly if the balance falls below $100.00 any day during the quarter; fee waived for account holders 62 or older, minors under 21, and exempt organizations. Rate and APY may change after opening.
Offer: Minimum balance to obtain APY is $0. The rate and APY may change after the account is open.
0.10% interest rate · Effective Jun 25, 2025
Rate checked
More details - 0.10%APY$10 a year on $10,000
Requirements
Product: Monthly service charge is $2, waived with a minimum daily balance of $100. Transfers to another account or third parties by preauthorized, automatic, computer, or telephone transfer are limited to 6 per month. Unlimited in-person, messenger, mail, or ATM transfers/withdrawals. Interest rate and APY may change after account opening. Fees could reduce earnings.
Offer: Interest earned on a daily ledger balance. $2 monthly fee waived by maintaining a minimum daily balance of $100.
0.10% interest rate · $2 monthly fee
Rate checked
More details - 0.05%APY$5 a year on $10,000with conditions
Requirements
Product: Savings with check-writing capability. $12 monthly service fee can be avoided with a $3,500 minimum daily balance each fee period. Relationship rates require linking to an eligible checking account (such as Prime Checking or Premier Checking).
Offer: Relationship rate; requires linking to a Premier Checking account. $12 monthly service fee avoided with $3,500 minimum daily balance.
Qualified rate · 0.05% interest rate · $12 monthly fee · Effective Oct 10, 2026
Rate by balance
Rate by balance for Wells Fargo Platinum Savings Balance APY Any balanceYour amount 0.05% $25,000 and upPromotional rate accurate as of 2026-10-07 for new Platinum Savings accounts for customers who do not have an existing Wells Fargo consumer savings account (or ownership in past 30 days). $12 monthly fee avoided with $3,500 minimum daily balance. 3.25% Rate checked
More details - 0.02%APY$2 a year on $10,000with conditions
Requirements
Product: Savings with check-writing capability. $12 monthly service fee can be avoided with a $3,500 minimum daily balance each fee period. Relationship rates require linking to an eligible checking account (such as Prime Checking or Premier Checking).
Offer: Relationship rate; requires linking to a Prime Checking account. $12 monthly service fee avoided with $3,500 minimum daily balance.
Qualified rate · 0.02% interest rate · $12 monthly fee · Effective Oct 10, 2026
Rate checked
More details - 0.01%APY$1 a year on $10,000
Requirements
Product: Standard savings account. $5 monthly service fee can be avoided with $300 minimum daily balance, 1 automatic transfer of $25+ each fee period from linked Wells Fargo checking, 1 automatic transfer of $1+ each business day from linked checking, 1+ Save As You Go transfers from linked checking, or if the primary account owner is 24 years old or under.
Offer: Standard rate. Fee waived with $300 minimum daily balance, 1 automatic transfer of $25+ per fee period, 1 daily automatic transfer of $1+ each business day, 1+ Save As You Go transfer, or primary owner age 24 or under.
0.01% interest rate · $5 monthly fee · Effective Oct 10, 2026
Rate checked
More details - 0.01%APY$1 a year on $10,000with conditions
Requirements
Product: Savings with check-writing capability. $12 monthly service fee can be avoided with a $3,500 minimum daily balance each fee period. Relationship rates require linking to an eligible checking account (such as Prime Checking or Premier Checking).
Offer: Standard rate. $12 monthly service fee avoided with $3,500 minimum daily balance.
Qualified rate · 0.01% interest rate · $12 monthly fee · Effective Oct 10, 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 Red Wing, MN metro
22 accounts at 8 banks and credit unions · checked Oct 5–22
- Typical
- 0.25%
- Top 10% from
- 1.59%
- Banks, typical
- 0.25%
- Credit unions, typical
- 0.96%
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Minnesota
Top Carrot institutions
Ranked across their CDs, savings, auto loans and credit cards. How scores work
- Greater Community CUCredit union · 4 branches
- Altra Federal Credit UnionCredit union · 4 branches
- VisionBankBank · 1 branch