Texas is home to a diverse bank pool that provides residents with various online and traditional banking services. If you are searching for savings accounts, there are a wide range of options available.
A high-yield savings account helps you maximize the returns on every dollar saved. Whether you are saving for an emergency fund, buying a car, or going on vacation, this account will help you reach your goals faster.
When shopping for a high-yield savings account, it is important to find one best suited for your financial needs. Apart from a high APY, your banking habits and preferences also come into consideration.
Consider the account fees, minimums, customer service, safety, among other features. You may find an account with a high APY but also with high account monthly charges and transaction fees. It is important to compare the available options and account fees.
WalletBrain has compiled its top picks of some of the best savings accounts in Texas to make your work easier. Compare the fees and features to find what is most suitable for you.
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.
| Range | APY |
|---|---|
| $0.01+ | 0.60% |
This savings builder 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. It's best to go by depositing $100 a month because you will have accumulated a significant balance in a few years without realizing it.
| Range | APY |
|---|---|
| $1 - $24,999.99 | 0.30% |
| $25,000+ | 0.45% |
