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Best Savings Accounts in West Virginia of February 2023

Victoria Daniel

West Virginia has dozens of banks operating within the state. These banks provide a variety of online and in-person banking services. If you are searching for high-yield savings account in West Virginia, you have a wide range of available options.

It can be quite challenging to narrow down your choices and to find the right account for you. The starting point is to determine your individual needs and preferences. While a high annual percentage yield (APY) is usually the focal point, you can also get an account with features that will help you on your financial journey.

Your goal may be to find a high-yield savings account that will maximize the returns of every dollar saved. This will help you achieve your financial goals in a shorter timeframe.

Other factors to consider are the account fees and minimum requirements. Look for an account with no fees or has an option to waive the fees when you attain certain minimums. An account with high charges will reduce the net value of your returns. Other features that may also be important to you are ease of access and safety.

WalletBrain reviewed some of the best savings accounts in West Virginia. Use our comprehensive review to find the most suitable match for you today.

Bank online with no monthly fees

3.85%

Est. APY

$0

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

Access to checking writing

4.21%

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

Track savings on the mobile app

3.20%

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

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