Skip to Main Content

Best savings accounts for February 2024

Updated February 22, 2024

A savings account can be a great place to set aside money that you’re saving and want to earn a competitive APY on, even if you aren’t sure on the time horizon for the money. Bankrate’s top savings rates are much higher than the current national average savings yield of 0.59 percent.

Page preview:

Show me:
Current savings trends
Bankrate Partner average
4.62% APY
National average
0.59% APY

Best savings account rates for February 2024

Note: Annual percentage yields (APYs) shown are as of Feb. 24, 2024. All other information is current as of Feb. 22, 2024. Bankrate's editorial team validates this information regularly, typically biweekly. APYs may have changed since they were last updated and may vary by region for some products. Bankrate includes only FDIC banks or NCUA credit unions in its listings.

UFB Direct

UFB Direct_logo
Rating: 5 stars out of 5


UFB Direct is known for its high-yield savings account and money market account. Both the UFB Secure Savings account and UFB Secure Money Market account have very competitive yields. One of the differences is that the UFB Secure Savings account doesn’t have a monthly service fee.
Invest Rate
5.25% APY
$0 min. deposit to open