CNET rates savings accounts by comparing them based on set criteria, including annual returns, monthly fees, minimum deposits or balances, and access to physical branches.
We reviewed more than twenty leading traditional banks and online financial offerings to determine our best savings accounts. In addition to the above criteria, we also considered sign-up bonuses and other rewards. All savings accounts must also be insured by the FDIC.
The banks, credit unions, and neobanks we reviewed include Affirm Savings, Alliant Credit Union, Ally, America First Credit Union, American Express High Yield Savings Account, Axos High Yield Savings, Bank of America Advantage Savings, Bank of the West, Bank5 Connect, Barclays, Bask Bank, Bread Savings, BrioDirect High-Yield Savings, Capital One 360 Checking, Charles Schwab, Chase Premier Savings, Chime, Citibank, Citizens Online Savings Account, Colorado Federal Savings Bank, Consumers Credit Union, Discover , First Internet Bank of Indiana, LendingClub, Live Oak Bank, M&T Bank, Marcus, My Banking Direct, Nationwide My Savings, Navy Federal Credit Union, NBKC, OneUnited Bank, PenFed CU, PNC, Popular Direct Select Savings, PurePoint Financial, Quontic Bank, Rising Bank, Salem Five Direct, Sally Mae Smarty Pig, Santander Bank, Synchrony, TAB Bank, TD Bank, TIAA Bank, Truist Bank, US Bank, UFB Direct, Union Bank, USAA Bank, Varo, Vio and Wells Fargo.
