Savings Accounts

Best Savings Accounts (2020 Buyers Guide)

Savings accounts are a great place to park your money to keep it easily accessible and earn a little bit of interest, too. Who doesn’t want to earn interest just for hanging onto money? Not only that, savings accounts can come with perks that set them apart from the competition. Here are some of the best savings accounts available right now, and the reasons we love them.

#1 – Our Pick

Budgetable’s Rating

5.0

Online Savings Account APY:

0.60%

Why We Like Them
  • No monthly fees
  • Competitive interest rate
  • Interest compounded daily increases interest earnings
  • Ability to use “buckets” to earmark money for specific savings goals
  • Tools to help you set up automatic transfers to savings
  • Excellent customer service rating
Online Savings Account APY:
0.60%

#2

Budgetable’s Rating

4.6

Accelerate Savings APY:

0.70%

Why We Like Them
  • Excellent interest rates
  • Ability to use one app to track all your accounts, even if they are with other banks
  • No minimum account balance
  • Access to over 65,000 fee-free ATMs across the U.S.
  • Ability to set up automatic transfers to help you meet your savings goals
Accelerate Savings APY:

0.70%

#3

Budgetable’s Rating

4.6

High Yield Savings APY:

0.60%

Why We Like Them
  • Interest compounds daily and is deposited into your account monthly
  • Ability to receive paper or electronic statements
  • No monthly fees
  • No minimum balance
  • Competitive interest rate
High Yield Savings APY:

0.60%

#4

Budgetable’s Rating

4.2

Online Savings Account APY:

0.50%

Why We Like Them
  • No fees
  • No minimum deposit
  • Competitive interest rate
  • App which allows you to link accounts with other banks for transfers
  • Same-day transfers
  • Customer service available seven days a week
Online Savings Account APY:

0.50%

#5

Budgetable’s Rating

4.0

360 Performance Savings Account APY:

0.50%

Why We Like Them
  • No monthly fees
  • No minimum to open or maintain the account
  • Deposit checks into your account through their app
  • Their mobile app is highly rated in both Google Play Store and the App Store
  • Set up automatic transfers to help grow your savings
  • Use their account tool “My Savings Goal” to help you stay on target for your goals
360 Performance Savings Account APY:

0.50%