Banking / Savings

Best Savings Accounts in South Dakota of May 2026

From Our Partners Victoria Daniel

South Dakota is home to dozens of banks that provide both online and traditional brick-and-mortar banking services. If you are searching for a savings account, there is a wide range of options available.

When beginning the process of selecting a savings account, shop around and compare the available options to decide on the best fit for you. An important factor to consider is the interest rate or annual percentage yield (APY).

Since you want to get the most out of your money, consider savings accounts with a high APY. The account fees also matter. It makes no sense to choose an account with a high APY and high account charges. The account charges will automatically reduce the value of your returns.

Also, consider the account accessibility. High-yield accounts serve as a great way to build emergency funds. Also consider other bank features such as ATM or mobile access. But only search for this feature if it is important to you.

We reviewed some of the best savings accounts in South Dakota and selected our top picks.

Use our comprehensive review to compare the available options and choose an account that is the most suitable fit for you today.

An award-winning account with great rates

Barclays bank logo
4.8

4.35%

Est. APY

$0

Min. To Earn APY

Access to checking writing

ufb direct logo
4.8

3.83%

Est. APY

$0

Min. To Earn APY

Bank online with no monthly fees

cit bank logo
4.8

3.85%

Est. APY

$0

Min. To Earn APY

Track savings on the mobile app

$0

Monthly Fee

1.10%

Est. APY

Everyday Savings

$0

Monthly Fee

0%

Est. APY

No minimum fees

$0

Monthly Fee

0%

Est. APY

No monthly and minimum fees

axos bank logo
4.8

0.61%

Est. APY

$0

Min. To Earn APY

Nationwide access to ATMs

Read Review 3.00% Est. APY $0 Min. To Earn APY Open Account View Details Overview A Discover Online Savings Account can be a great option for the avid saver where you can take advantage of daily compounding.

An award-winning account with great rates

4.35% Est. APY $0 Min. To Earn APY Open Account View Details 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.

Access to checking writing

Read Review 4.81% Est. APY $0 Min. To Earn APY Open Account View Details Overview UFB Direct comes with check-writing capabilities and a free ATM card with a national network of fee-free ATMs.

Bank online with no monthly fees

Read Review 4.75% Est. APY $5,000 Min. To Earn APY Open Account View Details 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.

Track savings on the mobile app

Read Review 4.05% Est. APY $0 Min. To Earn APY Open Account View Details 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.

4.00% Est. APY $0 Min. To Earn APY Open Account View Details 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.

Read Review 2.00% Est. APY $0 Min. To Earn APY Open Account View Details 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.

No monthly and minimum fees

Read Review 0.61% Est. APY $0 Min. To Earn APY Open Account View Details 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.

Provides money management tools

Read Review 0.03% Est. APY $0 Min. To Earn APY Open Account View Details 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.

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