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Looking for a savings account in Washington? You have come to the right place.
Washington is the nation’s capital and hundreds of banks call it home. These banks have a variety of online and in-person savings accounts for you to choose from. We can help you find an account that is best suited for your needs and preferences.
A high-yield savings account can help you to increase your savings faster than a standard account. It usually has a higher annual percentage yield (APY), which is many more times higher than the national average of 0.05%. While the APY is an important feature, other factors need to be considered as well.
Account fees, minimum requirements, and ease of access are other features you can use to narrow down your search. You want to make sure that you get the best combination of a high-interest rate and low account fees.
WalletBrain reviewed some of the best savings accounts in Washington to help make the process of choosing an account easier for you. Use our comprehensive review to find an account that is most suitable for your needs today.
UFB Direct Rewards Savings comes with check-writing capabilities and a free ATM card with a national network of fee-free ATMs.
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.
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.
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.
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.