Best Savings Accounts in West Virginia of December 2021

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.

Axos Bank High Yield Savings Account

axos bank logo

$0

Monthly Fee

$250

Min. To Open

0.60%

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
  • No rate tier, APY same regardless of balance

APY ranges

Range APY
$0.01+ 0.60%

Account Fees & Information

  • Monthly Fee$0
  • Min. To Open$250
  • Min. Deposit For No Fee$0
  • CompoundedDaily
  • State RestrictionsNone

ATM & Debit Card

  • Monthly Transaction Limits6
  • Excessive Transaction Fee$10+
  • ATM FeesDepends on ATM
  • Debit Card UseAllowed

CIT Bank Savings Account

cit bank logo

$0

Monthly Fee

$100

Min. To Open

0.45%

Est. APY

Overview

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.

What we like

  • No monthly fees
  • Deposit $100 a month to receive higher APY
  • One of the top APYs around

What we don't

  • No sign up bonuses
  • No physical branch locations
  • No ATM card

APY ranges

Range APY
$1 - $24,999.99 0.30%
$25,000+ 0.45%

Account Fees & Information

  • Monthly Fee$0
  • Min. To Open$100
  • Min. Deposit For No Fee$0
  • CompoundedDaily
  • State RestrictionsNone

ATM & Debit Card

  • Monthly Transaction Limits6
  • Excessive Transaction Fee$10+
  • ATM FeesDepends on ATM
  • Debit Card UseAllowed