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Best Savings Accounts in Georgia of June 2024

Victoria Daniel

Are you looking for a secure way to grow your savings?

Well, Georgia is home to hundreds of banks. These banks offer a wide variety of savings accounts for you to choose from. Unlike the standard savings account, a high-yield savings account offers a high annual percentage yield (APY) on your funds. This way you can maximize the returns on every dollar invested.

Finding a high-yield account that is suitable for you can require some research. Start by considering your needs and preferences. For example, if you prefer a high interest, narrow down your search to accounts that offer a higher APY. If you prefer online to traditional brick-and-mortar banking services, narrow down your search to online bank accounts.

Apart from these features, also consider the account fees. In most cases, you will find that accounts with a high APY have high service charges, such as high monthly and transactional fees. Look out for other features like safety (FDIC insurance), ease of access, among others.

WalletBrain reviewed some of the best savings accounts in Georgia. We took an extensive look at APY stability, account costs, and other features to get our top picks. Use or comprehensive review to choose the right fit for your financial needs today.

An award-winning account with great rates

barclays bank logo
4.8

4.35%

Est. APY

$0

Min. To Earn APY

Overview

Barclays Online Savings' rate are consistently some of the highest in the nation with great features. No minimum opening balance or deposit required to open. Fees could reduce the earnings on the account.

What we like

  • No monthly fees
  • FDIC Insured
  • No minimum balance fees
  • Online banking

What we don't

  • Minimum opening deposit
  • No ATM access
  • Tiered APY

Access to checking writing

4.81%

Est. APY

$0

Min. To Earn APY

Overview

UFB Direct comes with check-writing capabilities and a free ATM card with a national network of fee-free ATMs.

What we like

  • Competitive interest rates
  • No minimum deposit
  • No recurring maintenance fees
  • Nationwide fee-free ATMs
  • Check writing capabilities
  • FDIC insured

What we don't

  • No physical branches
  • Account options are limited

Bank online with no monthly fees

4.75%

Est. APY

$5,000

Min. To Earn APY

Overview

This savings account is unique where you need to deposit $100 a month to get the highest APY. If you don't deposit $100+ a month, then you need to maintain $25,000 in the account. If you don't do either, you won't receive the higher end APY.

What we like

  • No monthly fees
  • FDIC Insured
  • No minimum balance fees
  • Online banking

What we don't

  • Minimum opening deposit
  • No ATM access
  • Tiered APY

Track savings on the mobile app

4.05%

Est. APY

$0

Min. To Earn APY

Overview

Quontic Bank high yield savings account provides you with the opportunity to accrue interest at a rate 15x higher than the national average. Interest compounds daily and is paid into your account every month.

What we like

  • Mobile and online banking
  • Competitive interest rate
  • No monthly service fees
  • Interest compounded daily

What we don't

  • Limited access to physical branches
  • No sign up bonus
  • $100 minimum deposit requirement

Everyday Savings

upgrade logo
4.7

4.00%

Est. APY

$0

Min. To Earn APY

Overview

This savings account will provide a flat APY regardless of your balance, and you won't worry about monthly fees. A great perk with this account is you can request a free ATM card.

What we like

  • No monthly fees
  • Interest compounded daily
  • Free ATM card

What we don't

  • No physical branch
  • No sign up bonus

No minimum fees

2.00%

Est. APY

$0

Min. To Earn APY

Overview

This savings account will provide a flat APY regardless of your balance, and you won't worry about monthly fees. A great perk with this account is you can request a free ATM card.

What we like

  • No monthly fees
  • Interest compounded daily
  • Free ATM card

What we don't

  • No physical branch
  • No sign up bonus

No monthly and minimum fees

0.61%

Est. APY

$0

Min. To Earn APY

Overview

This savings account will provide a flat APY regardless of your balance, and you won't worry about monthly fees. A great perk with this account is you can request a free ATM card.

What we like

  • No monthly fees
  • Interest compounded daily
  • Free ATM card

What we don't

  • No physical branch
  • No sign up bonus