Financeradar Data
Savings Rate Index
What savings accounts pay, week by week. It is the median APY of the accounts we track, read on each bank's own page, with promotional and wrong readings left out. Use it to see whether rates are moving and whether an account pays more than the middle of the pack.
3.75%
Median APY of 16 accounts, Oct 28, 2026
+0.08
Points moved by the fixed basket of 8 since Sep 9, 2026
0.38%
FDIC national average, October 19, 2026 (source)
The median APY of the fixed basket rose 0.08 points since Sep 9, 2026: 3.75% to 3.83%.
Newest reading Oct 28, 2026. The page recomputes from the rate log at most once an hour. The first point is Sep 9, 2026, the first week with 8 accounts logged; the log itself starts on Aug 9, 2026, so there is no earlier period to compare with. Edited by Louis Corneloup.
Key findings
- FinanceRadar data: the median APY of the 16 savings accounts in the FinanceRadar Savings Rate Index was 3.75% on Oct 28, 2026 (mean 3.76%), against an FDIC national average of 0.38% (October 19, 2026).
- FinanceRadar data: a fixed basket of 8 savings accounts tracked since Sep 9, 2026 moved from a 3.75% median APY to 3.83% on Oct 28, 2026.
- FinanceRadar data: of the 15 accounts with two or more readings, 7 raised their APY, 0 cut it and 8 left it unchanged between their first reading and Oct 28, 2026.
- FinanceRadar data: the highest APY in the index on Oct 28, 2026 was 4.50% (GO2bank Savings Vaults, on part of the balance only); 11 of the 27 accounts we log were left out because the reading was a promotional, boosted or wrong figure.
Source: Financeradar Savings Rate Index (financeradar.com/statistics/savings-rate-index), readings of each bank's own page. CC BY 4.0: cite the page.
The curve
Technical details: the weekly values
| Week ending | Basket n | Basket median | All kept n | All median | All mean | Highest |
|---|---|---|---|---|---|---|
| Sep 9, 2026 | 8 | 3.75% | 8 | 3.75% | 3.68% | 4.10% |
| Sep 16, 2026 | 8 | 3.75% | 9 | 3.75% | 3.77% | 4.50% |
| Sep 23, 2026 | 8 | 3.75% | 12 | 3.75% | 3.74% | 4.50% |
| Sep 30, 2026 | 8 | 3.80% | 13 | 3.75% | 3.73% | 4.50% |
| Oct 7, 2026 | 8 | 3.80% | 14 | 3.75% | 3.75% | 4.50% |
| Oct 14, 2026 | 8 | 3.80% | 15 | 3.75% | 3.76% | 4.50% |
| Oct 21, 2026 | 8 | 3.80% | 15 | 3.75% | 3.76% | 4.50% |
| Oct 28, 2026 | 8 | 3.83% | 16 | 3.75% | 3.76% | 4.50% |
Each week uses every account's last reading on or before that day. Download: weekly series (CSV) · accounts, kept and left out (CSV)
The 16 accounts in the index
Latest reading and the change since the first one. Readings are automated reads of the bank's page, 181 in all; the APY printed on each product page is the one we verified by hand.
| Account | Latest APY | First reading | Change | Readings | Last read |
|---|---|---|---|---|---|
| GO2bank Savings Vaultsrate applies to part of the balance | 4.50% | 4.50%, Sep 13, 2026 | unchanged | 8 | Oct 27, 2026 |
| Pibank Savings | 4.40% | 4.10%, Aug 9, 2026 | +0.30 pts | 24 | Oct 27, 2026 |
| EverBank Performance Savings | 4.20% | 3.90%, Aug 9, 2026 | +0.30 pts | 23 | Oct 27, 2026 |
| Zynlo Money Market | 4.05% | 3.85%, Aug 10, 2026 | +0.20 pts | 23 | Oct 28, 2026 |
| Ivy Bank High-Yield Savings | 4.00% | 4.00%, Oct 8, 2026 | unchanged | 3 | Oct 27, 2026 |
| Bask Interest Savings | 3.90% | 3.75%, Aug 25, 2026 | +0.15 pts | 14 | Oct 28, 2026 |
| BrioDirect High-Yield Savings | 3.75% | 3.75%, Aug 30, 2026 | unchanged | 12 | Oct 28, 2026 |
| CIT Bank Platinum Savings | 3.75% | 3.75%, Sep 9, 2026 | unchanged | 9 | Oct 28, 2026 |
| Varo Savingsrate applies to part of the balance | 3.75% | 3.75%, Sep 17, 2026 | unchanged | 7 | Oct 28, 2026 |
| Robinhood Gold Cash Sweep | 3.60% | 3.35%, Aug 22, 2026 | +0.25 pts | 16 | Oct 27, 2026 |
| Apple Card Savings account | 3.50% | 3.40%, Sep 20, 2026 | +0.10 pts | 6 | Oct 27, 2026 |
| Cash App Savings | 3.50% | 3.50%, Sep 22, 2026 | unchanged | 4 | Oct 11, 2026 |
| Vanguard Cash Plus | 3.50% | 3.50%, Oct 6, 2026 | unchanged | 2 | Oct 13, 2026 |
| Upgrade Premier Savings | 3.30% | 3.30%, Sep 25, 2026 | unchanged | 5 | Oct 28, 2026 |
| Grasshopper Bank Innovator Savings | 3.25% | 3.25%, Oct 25, 2026 | one reading | 1 | Oct 25, 2026 |
| Ally Online Savings | 3.20% | 3.00%, Aug 9, 2026 | +0.20 pts | 24 | Oct 27, 2026 |
What we leave out, and the rule
The rate log is an automated reading of each bank's page. It records what the reader saw, and a bank page can show a promotional rate, a new-customer boost, one balance tier of a tiered account, or another product's rate. An index built on that without a rule would move on advertising, not on rates. Two rules decide what stays out:
- Editor review. We compared the readings with the bank's page and left out an account when the log recorded a promotional or boosted rate, the rate of one balance tier, or another page. Each one is listed below with the reason and the date of the review.
- Automatic hold. Any other account whose latest reading is more than 0.30 points away from the APY we verified by hand on its page is held back until someone looks, so a promotion that appears after a review cannot move the index. 2 held back today.
| Account | Why it is out | Rule |
|---|---|---|
| Axos Bank Business Premium Savings | The log recorded the BOOST41 promotion. | Reviewed Oct 27, 2026 |
| Axos Bank Business Savings | The log read the business savings listing page, not this account. | Reviewed Oct 27, 2026 |
| Axos ONE | The log recorded the October new-customer bundle rate. | Reviewed Oct 27, 2026 |
| Barclays Tiered Savings | The log read only the $250,000+ tier and stopped on Oct 2. | Reviewed Oct 27, 2026 |
| Betterment Cash Reserve | The page shows a new-client boost next to the standard rate; the log recorded both. | Reviewed Oct 27, 2026 |
| E*TRADE Premium Savings | The log recorded the 4.25% new-account promotion, not the 3.75% standard rate. | Reviewed Oct 27, 2026 |
| Marcus Online Savings | One reading only, and the page carries a referral boost. | Reviewed Oct 27, 2026 |
| Openbank High Yield Savings | The log recorded the 6-month new-customer boost. | Reviewed Oct 27, 2026 |
| Wealthfront Cash Account | The page shows a new-client boost; the log recorded the base rate plus the boost. | Reviewed Oct 27, 2026 |
| Current Savings Pods | The latest reading (0.25%) is more than 0.30 points away from the APY we verified on its page (4.00%). Held back until reviewed. | Automatic hold |
| Happen Bank LevelUp Savings (formerly LendingClub) | The latest reading (3.00%) is more than 0.30 points away from the APY we verified on its page (4.20%). Held back until reviewed. | Automatic hold |
How it is built, and what it is not
- Sample. The published savings accounts on Financeradar that have a logged APY (27 accounts, 11 left out, 16 kept). It is the accounts we verify, not the US market: banks that are not in the catalog are not in the index.
- Source. RateSnapshot, our log of automated readings of each bank's page (a model extracts the APY). The logged APY is not a verified figure; the verified one is on each product page with the day we read it.
- Weeks. One point every 7 days ending Oct 28, 2026. For each account, its last reading on or before that day.
- Fixed basket versus all. The basket is the 8 accounts (Ally Online Savings, Bask Interest Savings, BrioDirect High-Yield Savings, CIT Bank Platinum Savings, EverBank Performance Savings, Pibank Savings, Robinhood Gold Cash Sweep, Zynlo Money Market) already logged on Sep 9, 2026, at least 8 of them, so its line moves only when a rate moves. The dashed line adds each account once it is logged, so it also moves when the set changes.
- Median, not average. The median ignores one outlier; the mean is in the table above. Rates are variable and change without notice.
- National benchmark. The FDIC national savings average (0.38%, October 19, 2026; 12-month CD 1.76%) is printed for context and never used in the index.
Related: the rate tracker, high-yield savings statistics and the best savings accounts.
Cite as: Financeradar, Savings Rate Index, financeradar.com/statistics/savings-rate-index, Oct 28, 2026. Data: CC BY 4.0.