Savings Interest Rates on Accounts in California

Two banks currently have the best savings interest account rate on our list of rates in California (CA). American Express Bank and Sallie Mae Bank are currently offering online savings rates at 1.29 percent with a savings yield of 1.30 percent.

Two banks are also tied for the second best savings account interest rate on our California list. Capital One Bank and Discover Bank are offering savings rates at 1.24 percent with a savings yield of 1.25 percent.




The third highest savings rate on our list in CA is from Zions Bank. The bank’s current online interest rate on accounts is 1.10 percent with a yield of 1.11 percent.

Flagstar Bank has the fourth highest online savings account rates. Flagstar Bank's current rate is 1.10 percent with an online savings account yield of 1.11 percent.

Six banks are tied with the fifth best savings account interest rate on our list in CA. FNBO Direct, ING Direct, First Internet Bank of IN, Nationwide Bank and Salem Five Direct are all offering interest rates at 1.09 percent with yields at 1.10 percent.

California Savings Interest Rates on Accounts



  • American Express Bank FSB 1.30% Min  $ 0 

  • Sallie Mae 1.30% Min  $ 1 

  • Discover Bank 1.25% Min  $500 

  • Capital One Direct Banking 1.25% Min  $1000 

  • Zions Bank 1.11% Min $1000 

  • Flagstar Bank 1.11% Min $ 1 

  • FNBO DIRECT 1.10% Min $ 1 

  • ING DIRECT 1.10% Min $ 1 

  • First Internet Bank of IN 1.10% Min  $100 

  • Nationwide Bank 1.10% Min $2000 

  • Salem Five Direct 1.10% Min $ 1 Must have a checking account.

  • La Jolla Bank 1.10% Min  $1000 Account available online only and must receive statements electronically.

  • Ally Bank 1.09% Min  $ 1 

  • EverBank 1.06% Min  $ 1 

  • EmigrantDirect.com 1.00% Min  $ 1 

  • Giantbank.com 0.90% Min  $1000 

  • HSBC Advance 0.90% Min  $ 1 

  • OneUnited Bank 0.90% Min  $1000 Available to Internet customers only.

  • Bank of Internet USA 0.80% Min  $100 

  • Provident Credit Union 0.80% Min  $ 1 Must have direct deposit, or an automatic transfer into account, at least once during the term. Maximum deposit per month is $3K.

  • Luther Burbank Savings 0.80% Min  $1000 

  • Allstate Bank 0.70% Min  $100 

  • CapitalSource Bank 0.65% Min  $ 1 

  • AIG Bank 0.50% Min  $2500 

  • Lockheed Federal Credit Union 0.45% Min  $2500 

  • Citibank 0.45% Min  $ 1 

  • Tennessee Commerce Bank 0.40% Min  $250 

  • Bank of the West 0.35% Min  $ 1 

  • E*TRADE Bank 0.30% Min  $ 1 

  • U.S. Bank 0.25% Min  $1500 Must have a Five Star Platinum Checking account.

  • Bank of America 0.20% Min  $ 1 Must have one of the following each calendar month: auto transfer or $250 or more from a BOA checking account, auto transfer of the monthly interest payment from BOA CD or a direct deposit of $250 or more. Must have an Advantage Checking account.

  • First Bank & Trust 0.20% Min  $2500 

  • Bank of the Sierra 0.20% Min  $300 

  • Ameriprise Bank FSB 0.20% Min  $ 1 

  • PenFed 0.19% Min  $ 5 

  • Wells Fargo Bank 0.15% Min  $ 1 Requires a PMA Prime Checking account.

  • Oak Valley Community Bank 0.15% Min  $ 1 

  • Westamerica Bank 0.15% Min  $2500 

  • Northern Trust 0.15% Min  $500 

  • WTDirect 0.15% Min $ 1 

  • First Federal S&L 0.10% Min  $100 

  • BankDirect 0.10% Min  $100 

  • Mechanics Bank 0.10% Min  $ 1 

  • First Republic Bank 0.10% Min  $ 1 

  • Fremont Bank 0.10% Min  $ 1 

  • Chase 0.10% Min  $ 1 Must have a Chase Premier Platinum or Chase  Premier Checking account.

  • Union Bank 0.05% Min  $2500 Must have a checking account.

  • Bank of Marin 0.05% Min  $ 1 

  • California Bank & Trust 0.05% Min  $ 1 

  • E-LOAN.com 0.05% Min  $ 1 Must make monthly deposits of at least $100 to qualify for rate. If monthly deposits not met, standard savings rates apply.

 
Author: Savings Account Rates
January 20th, 2011
Posted in: Savings Accounts