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 16–30 results in Minnesota
- 3.00%APY$300 a year on $10,000
Requirements
Offer: Personal account. All balances. Variable rate account.
2.96% interest rate · Effective Aug 3, 2026
Rate checked
More details - Royal Credit UnionSave & Spend Duo SavingsSavings · $0 min · 0.40%–3.00% by balance
Credit union · 8 branches
3.00%APY$300 a year on $10,000with conditionsRequirements
Product: Combined with Duo Checking. $5 monthly fee waived when making at least 20 debit card purchases each calendar month and logging in to online or mobile banking at least once every 90 days. Includes Debit Roundup feature. No minimum balance to open or earn APY.
Offer: On the first $10,000
Qualified rate · 2.96% interest rate · $5 monthly fee · Effective Feb 23, 2026
Rate by balance
Rate by balance for Save & Spend Duo Savings Balance APY Up to $10,000Your amount 3.00% Over $10,000Amounts over $10,000 0.40% Rate checked
More details - 3.00%APY$300 a year on $10,000with conditions
Requirements
Product: Requires a linked Kasasa Cash or Kasasa Cash Back checking account and enrollment in eStatements. Qualifications per Monthly Qualification Cycle to earn higher rate: at least 15 debit card purchases, at least 1 direct deposit or ACH credit transaction, and enrolled in eStatements. If qualifications are not met, base rate applies. No monthly maintenance fee.
Offer: When monthly qualifications in linked Kasasa Cash or Kasasa Cash Back account are met.
Qualified rate · Balance cap $250,000 · No monthly fee · Effective Feb 20, 2025
Rate checked
More details - 3.00%APY$300 a year on $10,000with conditions
Requirements
Product: Must be linked to and opened in conjunction with a Kasasa Cash or Kasasa Cash Back checking account. Limit of 1 account per SSN. Rewards earned in Kasasa checking automatically post or transfer to Kasasa Saver.
Offer: Applies to average daily balances up to $100,000 when linked Kasasa checking qualifications are met during the Monthly Qualification Cycle.
Qualified rate · 2.96% interest rate · No monthly fee · Effective Sep 29, 2026
Rate checked
More details - SMW Financial Credit UnionRewards SaverSavings · $0 min · 0.75%–3.00% by balance
Credit union · 2 branches
3.00%APY$300 a year on $10,000with conditionsRequirements
Product: Available to Rewards Checking account holders. Must meet monthly qualification cycle requirements (at least $1,000 in direct deposit/ACH credits per month, at least 15 debit card purchases of at least $3, and enrolled in eStatements) to earn qualifying rates; otherwise earns base interest rate.
Offer: Qualifying rate requires at least $1,000 in direct deposit/ACH credits per month, at least 15 debit card purchases of at least $3, and enrollment in eStatements in Rewards Checking during each Monthly Qualification Cycle.
Qualified rate · 2.96% interest rate · No monthly fee · Effective Oct 5, 2026
Rate by balance
Rate by balance for Rewards Saver Balance APY Up to $25,000Your amount 3.00% Over $25,000 0.75% Rate checked
More details - 3.00%APY$300 a year on $10,000with conditions
Requirements
Product: Requires a linked Signature High Yield Checking or Signature Cash Back Checking account. Early closing fee of $10 if within 90 days.
Offer: Qualifications met: at least 15 debit card purchases, at least 1 direct deposit, ACH payment, or ACH credit transaction, and enrollment in eStatements during Monthly Qualification Cycle.
Qualified rate · 2.96% interest rate · No monthly fee · Effective Apr 1, 2026
Rate by balance
Rate by balance for Signature Saver Balance APY Up to $100,000Your amount 3.00% $100,000 and upRate is 0.25%. 0.25% Rate checked
More details - 2.99%APY$299 a year on $10,000intro rate
Requirements
Product: Open with as little as $50. Deposits contribute towards sustainable energy, affordable housing, and nonprofits. Rates are accurate as of 10/1/2026 and subject to change at any time. Fees may reduce earnings.
Offer: 12-month promotional APY of 2.99% and interest rate of 2.95% on new Impact market savings accounts opened between April 22, 2026, and December 31, 2026. A balance of $0.01 is needed to earn the APY. After 12 months, APY and interest rate return to standard tier rates.
Promotional rate · 2.95% interest rate · Effective Oct 1, 2026
Rate checked
More details - Federated Employees Credit UnionMoney MarketMoney Market · $0 min · 1.51%–3.71% by balance
Credit union · 2 branches
2.78%APY$278 a year on $10,000Requirements
Product: No minimum balance required. No annual fees. Withdrawals of $500 or more up to 3 times per month at no charge; $15 fee per additional withdrawal. Joint ownership with parent/guardian required for under 18. Membership eligibility/valid ID and SSN required.
1.50% interest rate · Effective Oct 1, 2026
Rate by balance
Rate by balance for Money Market Balance APY Up to $2,500 1.51% $2,500 – $10,000 2.27% $10,000 – $25,000Your amount 2.78% $25,000 – $50,000 3.19% $50,000 – $75,000 3.45% $75,000 and up 3.71% Rate checked
More details - 2.75%APY$275 a year on $10,000
Requirements
Product: Prize-linked savings account offering prize drawing entries for each $25 increase in savings balance (up to 4 entries per month).
2.72% interest rate · Effective Oct 1, 2026
Rate checked
More details - Co-op Credit UnionMembers Money Savings AccountSavings · $1,000 min · 2.75%–3.75% by balance
Credit union · 4 branches
2.75%APY$275 a year on $10,000Requirements
Product: Tiered interest rates. Minimum deposit of $1,000.00. Must maintain a minimum average daily balance of $100.00 to obtain the disclosed annual percentage rate. Interest is calculated and paid monthly on the average daily balance, and is compounded. Limit of 6 transactions (deposits or withdrawals) per month, of which only 3 can be withdrawals.
Offer: Must maintain a minimum average daily balance of $100.00 to obtain the disclosed annual percentage rate. Minimum deposit of $1,000.00. Limit of 6 transactions per month (max 3 withdrawals).
2.72% interest rate · Effective Oct 1, 2026
Rate by balance
Rate by balance for Members Money Savings Account Balance APY $100 – $25,000Your amount 2.75% $25,000 – $50,000 3.00% $50,000 and up 3.75% Rate checked
More details - 2.75%APY$275 a year on $10,000
Requirements
Product: Required account to establish membership. Dividends compounded and paid quarterly using the average daily balance method when average daily balance is $10.00 or greater.
Offer: Dividends compounded and paid quarterly using average daily balance method; quarterly dividends paid when average daily balance is $10.00 or greater.
2.72% interest rate · Effective Oct 1, 2026
Rate checked
More details - North Shore Bank of CommercePreferred Investment Max | Money MarketPreferred Investment Max | Money Market · $100 min · 0.70%–3.50% by balance
Bank · 5 branches
2.70%APY$270 a year on $10,000Requirements
Product: Tiered rate system; interest accrues daily, paid/compounded monthly. Variable rate account; rates may change after opening. $10 monthly service charge if balance falls below $5,000 minimum balance. Accounts with zero balance for 35 consecutive days will be automatically closed.
Offer: Variable rate. $10 monthly service charge if balance falls below $5,000 minimum balance.
0.70% interest rate · Compounded monthly · $10 monthly fee · Effective Oct 9, 2026
Rate by balance
Rate by balance for Preferred Investment Max | Money Market Balance APY Any balance 0.70% $5,000 and upYour amount 2.70% $100,000 and up 2.95% $500,000 and up 3.20% $1,000,000 and up 3.50% Rate checked
More details - 2.58%APY$258 a year on $10,000
Requirements
Product: Minimum balance to open is $20.00. A $5.00 monthly minimum balance fee applies if the average ledger balance falls below $5,000.00 for the monthly statement cycle; the fee is waived if the average collected balance in Foresight Bank checking, savings, and money market accounts plus the current principal balance in certificate of deposit accounts is at least $50,000.00, or the current principal loan balance is at least $100,000.00. Interest is calculated using the average daily collected balance method and is compounded and credited monthly.
Offer: Tier 1: Daily balance less than or equal to $39,999.99 (minimum balance for APY is $1). $5.00 monthly fee if average ledger balance is below $5,000.00, with waiver options available.
2.55% interest rate · $5 monthly fee
Rate by balance
Rate by balance for Money Market Balance APY Up to $40,000Your amount 2.58% $40,000 – $100,000 2.68% $100,000 – $250,000 2.78% $250,000 – $500,000 2.89% $500,000 and up 2.99% Rate checked
More details - United Employees Credit UnionTiered Money Market AccountsTiered Money Market Accounts · $2,500 min · 2.58%–2.99% by balance
Credit union · 1 branch
2.58%APY$258 a year on $10,000Requirements
Product: Dividends paid on average daily balance.
2.55% interest rate
Rate by balance
Rate by balance for Tiered Money Market Accounts Balance APY $2,500 and upYour amount 2.58% $20,000 and up 2.99% Rate checked
More details - Novation Credit UnionHigh-Yield SavingsSavings · $0 min · 0.75%–2.55% by balance
Credit union · 2 branches
2.55%APY$255 a year on $10,000Requirements
Offer: No monthly fees. Dividends are paid monthly.
0.75% interest rate · No monthly fee · Effective Sep 21, 2026
Rate by balance
Rate by balance for High-Yield Savings Balance APY Up to $10,000 0.75% $10,000 and upYour amount 2.55% 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 Minnesota
511 accounts at 189 banks and credit unions · checked Oct 16–22
- Typical
- 0.25%
- Top 10% from
- 2.00%
- Banks, typical
- 0.25%
- Credit unions, typical
- 0.20%
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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