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 181–195 results in Michigan
- 0.50%APY$50 a year on $10,000
Effective Nov 1, 2023
Rate checked
More details - Embers Credit UnionMoney MakerMoney Maker · $100 min · 0.25%–1.26% by balance
Credit union · 7 branches
0.50%APY$50 a year on $10,000Requirements
Product: Minimum balance of $100 required to earn interest. Dividends are paid monthly. Unlimited transfers.
Offer: Dividends are paid monthly. Minimum balance of $100 required to earn interest.
0.25% interest rate · No monthly fee
Rate by balance
Rate by balance for Money Maker Balance APY $100 – $2,500 0.25% $2,500 – $10,000 0.25% $10,000 – $25,000Your amount 0.50% $25,000 – $50,000 0.50% $50,000 – $250,000 0.80% $250,000 and up 1.26% Rate checked
More details - 0.50%APY$50 a year on $10,000
Requirements
Product: High-yield savings account. Minimum balance of $100 required to earn interest. Dividends are paid monthly.
Offer: Balances between $100.00 - $2,499.99.
0.25% interest rate · No monthly fee
Rate by balance
Rate by balance for Money Maker Balance APY $100 – $2,500 0.25% $2,500 – $10,000 0.25% $10,000 – $25,000Your amount 0.50% $25,000 – $50,000 0.50% $50,000 – $250,000 0.80% $250,000 and up 1.26% Rate checked
More details - 0.50%APY$50 a year on $10,000with conditions
Requirements
Product: Linked Kasasa Cash or Kasasa Cash Back checking account required. Limit one account per member account number.
Offer: Applies to balances up to $25,000 when linked Kasasa Cash or Kasasa Cash Back account qualifications are met during the monthly qualification cycle (at least 12 debit card purchases post and settle, receive e-statements, log into online banking).
Qualified rate · 0.50% interest rate · Balance cap $25,000 · No monthly fee · Effective Oct 31, 2025
Rate checked
More details - Dort Financial Credit UnionSavings PlusSavings · $0 min · 0.15%–0.80% by balance
Credit union · 13 branches
0.50%APY$50 a year on $10,000Requirements
Product: High-yield investment savings account with variable rates. Dividends are credited on the last day of each month. Allows convenient access using Savings Plus checks (up to six clearing per month), phone, online, or in-person. Funds cannot be accessed or withdrawn through ATM. Businesses are ineligible.
0.15% interest rate
Rate by balance
Rate by balance for Savings Plus Balance APY Up to $999 0.15% $1,000 – $9,999 0.30% $10,000 – $49,999Your amount 0.50% $50,000 – $99,999 0.60% $100,000 – $199,999 0.70% $200,000 and up 0.80% Rate checked
More details - TRUE Community Credit UnionSuper Cash Money MarketSuper Cash Money Market · $0 min · 0.00%–0.70% by balance
Credit union · 15 branches
0.50%APY$50 a year on $10,000Requirements
Product: No monthly service fee. Tiered rates based on balance.
0.00% interest rate · No monthly fee
Rate by balance
Rate by balance for Super Cash Money Market Balance APY Up to $2,000 0.00% $2,000 – $50,000Your amount 0.50% $50,000 – $100,000 0.60% Over $100,000 0.70% Rate checked
More details - Isabella BankMoney Market AccountMoney Market Account · $1,000 min · 0.10%–1.65% by balance
Bank · 30 branches
0.45%APY$45 a year on $10,000Requirements
Product: Tiered interest rates with direct check writing, free digital banking, and mobile banking. Rates are variable, set at the discretion of the bank, and may change at any time after the account is opened. Fees may reduce earnings.
0.10% interest rate
Rate by balance
Rate by balance for Money Market Account Balance APY $1,000 – $2,500 0.10% $2,500 – $10,000 0.25% $10,000 – $25,000Your amount 0.45% $25,000 – $50,000 0.60% $50,000 – $100,000 0.90% $100,000 – $200,000 1.30% $200,000 and up 1.65% Rate checked
More details - TLC Community Credit UnionVariable SavingsSavings · $500 min · 0.35%–0.45% by balance
Credit union · 9 branches
0.45%APY$45 a year on $10,000Requirements
Product: Multi-tiered account. Quarterly dividends paid on an average daily balance of $500 and over.
Offer: Dividends declared quarterly based on average daily balance.
Effective Jun 30, 2024
Rate by balance
Rate by balance for Variable Savings Balance APY $500 – $5,000 0.35% $5,000 – $10,000 0.40% $10,000 and upYour amount 0.45% Rate checked
More details - ABD Federal Credit UnionSplit Rate SavingsSavings · $500 min · 0.25%–0.45% by balance
Credit union · 2 branches
0.45%APY$45 a year on $10,000Requirements
Product: To open a Split Rate account, each member must maintain a minimum balance of $500 in their Regular Share account, which remains inaccessible while the Split Rate account is active. Penalty incurred for early withdrawal.
Offer: Penalty incurred for early withdrawal. Minimum to avoid charge is $500.00.
0.25% interest rate · Effective Mar 31, 2024
Rate by balance
Rate by balance for Split Rate Savings Balance APY Up to $2,000 0.25% $2,000 – $5,000 0.35% $5,000 and upYour amount 0.45% Rate checked
More details - Community First Federal Credit UnionMONEY MARKET DRAFTMONEY MARKET DRAFT · $2,500 min · 0.20%–0.65% by balance
Credit union · 5 branches
0.45%APY$45 a year on $10,000Effective Oct 1, 2025
Rate by balance
Rate by balance for MONEY MARKET DRAFT Balance APY $2,500 and up 0.20% $10,000 and upYour amount 0.45% $25,000 and up 0.65% Rate checked
More details - Advia Credit UnionMoney Market Savings AccountMoney Market Savings Account · $1,000 min · 0.40%–0.60% by balance
Credit union · 19 branches
0.40%APY$40 a year on $10,000Requirements
Product: A minimum $1,000 daily balance is required to earn dividends. Compounded monthly based on daily average balance.
Offer: A minimum $1,000 daily balance is required to earn dividends.
Compounded monthly · Effective Oct 1, 2026
Rate by balance
Rate by balance for Money Market Savings Account Balance APY $1,000 – $24,999Your amount 0.40% $25,000 – $74,999 0.50% $75,000 and up 0.60% Rate checked
More details - Financial Plus Credit UnionHigh Yield Plus Money MarketHigh Yield Plus Money Market · $1,500 min · 0.00%–1.00% by balance
Credit union · 12 branches
0.40%APY$40 a year on $10,000Requirements
Product: $1,500 to open and receive dividend. No monthly fees. Dividends are tiered to offer higher rates for larger balances and paid monthly on daily balance.
0.00% interest rate · No monthly fee · Effective Oct 1, 2026
Rate by balance
Rate by balance for High Yield Plus Money Market Balance APY Up to $1,500 0.00% $1,500 – $14,999Your amount 0.40% $15,000 – $24,999 0.60% $25,000 – $49,999 0.80% $50,000 – $99,999 1.00% $100,000 – $249,999 1.00% $250,000 – $499,999 1.00% $500,000 and up 1.00% Rate checked
More details - United Federal Credit UnionBonus Builder Money MarketBonus Builder Money Market · $0 min · 0.00%–0.40% by balance
Credit union · 16 branches
0.40%APY$40 a year on $10,000with conditionsRequirements
Product: Only available as a consumer account. Bonus rate of 0.25% APY applies when the Tax Reported Owner is the Tax Reported Owner of an Ultra Checking account or Free Checking account with an average monthly balance of at least $1.00.
Offer: Standard tier rate.
Qualified rate · 0.00% interest rate · Effective Oct 1, 2026
Rate by balance
Rate by balance for Bonus Builder Money Market Balance APY Any balance 0.00% $1,000 and upYour amountTier rate with bonus rate. Requires Tax Reported Owner to be the Tax Reported Owner of an Ultra Checking account or Free Checking account with an average monthly balance of at least $1.00. 0.40% Rate checked
More details - 0.40%APY$40 a year on $10,000
Requirements
Product: Flexible, multi-purpose savings account. 10 pre-authorized, automatic, telephone, electronic, online, or other transfers or withdrawals per statement cycles ($2 fee applies for any debit over 10). Avoid the $2 monthly service fee by maintaining a $300 minimum daily balance (waived for seniors and minors upon request). $1 minimum deposit to open.
Offer: Avoid the $2 monthly service fee by maintaining a $300 minimum daily balance (waived for senior citizens and minors). $2 per debit over 10 in a month. Minimum balance to earn APY is $1.00.
0.40% interest rate · $2 monthly fee · Effective Oct 5, 2026
Rate checked
More details - Northern Interstate BankChoice Money MarketChoice Money Market · $2,500 min · 0.25%–1.51% by balance
Bank · 5 branches
0.40%APY$40 a year on $10,000Requirements
Product: Interest rate and APY may change after account opening. Minimum balance to obtain APY refers to the daily balance.
0.25% interest rate · Effective Sep 29, 2026
Rate by balance
Rate by balance for Choice Money Market Balance APY $2,500 – $10,000 0.25% $10,000 – $25,000Your amount 0.40% $25,000 – $100,000 0.65% $100,000 – $150,000 1.00% $150,000 – $250,000 1.36% $250,000 and up 1.51% 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
617 accounts at 212 banks and credit unions · checked Oct 16–23
- Typical
- 0.15%
- Top 10% from
- 1.75%
- Banks, typical
- 0.20%
- 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
- Meijer Credit UnionCredit union · 3 branches
- Dow Credit UnionCredit union · 2 branches