Select an account to start earning while you save.
SpectrumInterest Savings Account
Earn 5.10% Annual Percentage Yield1 on your savings with no monthly account fees.
SpectrumMileage Savings Account
Earn 2.5 American Airlines AAdvantage® miles for every $1 in your account.
Certificates of Deposit
Explore ways to earn interest on a lump sum with certificates of deposit (CDs).
SpectrumInterest Savings Account
Earn 5.10% Annual Percentage Yield1 on your savings with no monthly account fees.
SpectrumMileage Savings Account
Earn 2.5 American Airlines AAdvantage® miles for every $1 in your account.
Certificates of Deposit
Explore ways to earn interest on a lump sum with certificates of deposit (CDs).
Spectrum Bank Deposit Rates
| INTEREST rate | apy | |
|---|---|---|
|
SpectrumInterest Savings |
4.97% | 5.10% |
|
Spectrum6-month CD |
5.21% |
5.35% |
|
Spectrum12-month CD |
5.26% | 5.40% |
|
Spectrum18-month CD |
4.40% | 4.50% |
|
Spectrum24-month CD |
4.40% | 4.50% |
|
SpectrumMileage Savings |
This account earns 2.5 American Airlines AAdvantage® Miles per $1 saved annually instead of interest. | |
SpectrumCertificate of Deposit Accounts must be funded with a minimum deposit of $1,000 within 10 business days of account opening. Interest for CDs is calculated and accrued daily based on the daily balance in the account. CDs have fixed terms and rates; penalty may be incurred if funds are withdrawn prior to maturity.
The SpectrumInterest Savings Account has no minimum balance requirement. The account must be funded within 15 business days of account opening. There is no monthly service charge.
Mile rewards for the SpectrumMileage Savings Account are subject to change at Spectrum Bank’s sole discretion. Please see Terms and Disclosures for details. American Airlines reserves the right to change the AAdvantage® program and its terms and conditions at any time without notice and to end the AAdvantag e® program with six months notice. Any such changes may affect your ability to use the awards or mileage credits that you have accumulated. Unless specified, AAdvantage® miles earned through this promotion/offer do not count toward elite-status qualification or AAdvantage® Million MilerSM status. American Airlines is not responsible for products or services offered by other participating companies. For complete details about the AAdvantage® program, visit aa.com/aadvantage.
All Annual Percentage Yields (APYs) and Interest Rates shown are offered on accounts accepted by Spectrum Bank and effective as of
Spectrum Bank named #1 bank for savings accounts.
U.S. News & World Report recognizes Spectrum Bank as the top bank for savings accounts in its first-ever Banking, Investing Platforms and Lender Awards.
Spectrum Bank named #1 bank for savings accounts.
U.S. News & World Report recognizes Spectrum Bank as the top bank for savings accounts in its first-ever Banking, Investing Platforms and Lender Awards.
Spectrum Bank named among Best Online Banks
Spectrum Bank is honored to announce that it has been named to GoBankingRate's list of Best Online Banks for 2023.
Spectrum Bank named among Best Online Banks
Spectrum Bank is honored to announce that it has been named to GoBankingRate's list of Best Online Banks for 2023.
FDIC Insured
Zero monthly account fees
Fast and Easy Setup
Friendly Customer Service
Special Offer
Earn up to 5,000 Bonus AAdvantage<sup>®</sup> miles.
To qualify for this offer, you must be a first time SpectrumMileage Savings Account customer, open a SpectrumMileage Savings Account between December 1, 2023 and September 29, 2024, fund your SpectrumMileage Savings Account within 15 business days following the initial account opening and maintain a minimum daily account balance of $25,000 for 90 consecutive days out of the first 120 days following the initial account opening.
AAdvantage<sup>®</sup> bonus miles are awarded within 10 business days upon meeting offer qualifications and may take 6 to 8 weeks to post to your AAdvantage<sup>®</sup> account. The value of this bonus offer will be reported to the IRS, and the recipient is responsible for any federal, state or local taxes on this offer.