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Best Savings Accounts in Indiana of August 2022

Victoria Daniel

If you are looking for a home for your savings, various high-yield savings account options are available.

Indiana has over 6.5 million residents and is home to hundreds of banks. These banks offer a wide variety of savings accounts with different features.

Start by taking an in-depth look at your needs and preferences. Knowing what you need will focus your search towards the right fit. For example, if you prefer online banking there are many options available. In this case, focus your search based on this criteria. If your primary concern is the ease of access, consider options that offer ATM, online banking, and mobile access.

Deciding on an account best suited to your needs can be challenging. WalletBrain has made this easier for you. We reviewed some of the best savings accounts in Indiana.

We compared the APY, account fees, minimum requirements, among other features. Use our extensive review to find an account that is best suited for your needs today.

Earn 19x higher than the national average

$0

Min. To Earn APY

1.90%

Est. 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 your savings through online banking or the mobile app

$0

Min. To Earn APY

1.85%

Est. 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

No monthly, minimum, and overdraft fees

$0

Min. To Earn APY

0.61%

Est. 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

Provides access to money management tools

$0

Min. To Earn APY

0.03%

Est. APY

Overview

First Citizen Bank savings account is an online account that charges no monthly fees, but you need to make a minimum deposit of $50 to open this account.

What we like

  • Mobile and online banking
  • Money management tools
  • No monthly service fees
  • ATM card available
  • FDIC Insured

What we don't

  • Limited no-fee withdrawals
  • High wire transfer fee