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Earn 5.10% Annual Percentage Yield<sup>1</sup> with a Spectrum Interest Savings Account.
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.
Enjoy 5-star service while you earn 5.10% Annual Percentage Yield (APY)<sup>1</sup>. Spectrum Bank makes it easy to build toward your savings goals.
Enjoy 5-star service while you earn 5.10% Annual Percentage Yield (APY)1. Spectrum Bank makes it easy to build toward your savings goals.
What is the current interest rate for a Spectrum Interest Savings Account?
Spectrum Interest Savings Accounts Rates as of
5.10% Annual Percentage Yield (APY) 1
4.97% Interest Rate
What is Annual Percentage Yield <br>(APY)?
<p class="coh-style-paragraph-regular" style="line-height: 2">APY is the interest rate of return on an account for a year based on compounding interest. This allows you to earn interest on the money you save and on the interest you earn. So your Annual Percentage Yield (APY) may differ from the interest rate to give you an accurate idea of these total earnings.</p>
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Spectrum Bank named among Best Online & NeoBank Savings Accounts
Spectrum Bank is honored to announce that it has been named to GoBankingRate's list of Best Online & NeoBank Savings Accounts
as the best for high yields in 2023.
Spectrum Bank named among Best Online & NeoBank Savings Accounts
Spectrum Bank is honored to announce that it has been named to GoBankingRate's list of Best Online & NeoBank Savings Accounts as the best for high yields in 2023.
The reviews are in.
Savings Account.
Here’s what people are saying about earning more for saving, not spending with Spectrum Bank.
“This new savings account gives you an easy way to diversify and earn cash interest on a portion of your savings. If you get both types of Spectrum Bank Savings Accounts, you’ll be able to quickly adjust your balances to get your ideal mix of miles and cash.”
— JT Genter
“This is definitely above-average return and it’s a simple and straightforward product.”
— Gary Leff
“One nice thing about the competitive rate at Spectrum is that you can easily move money back and forth between your mileage account and your cash savings account, letting you adjust both to current travel goals and current interest rates.”
— Dave Grossman
Special Offer
Explore a more rewarding way to save.
When you open a Spectrum Interest Savings Account and make an initial deposit, you will start earning 5.10% APY with zero monthly account fees.
1Annual Percentage Yields (APY) and Interest Rates shown are offered on accounts accepted by Spectrum Bank and effective per the dates shown above, unless otherwise noted. Annual Percentage Yield is variable and subject to change at any time. No minimum balance requirement and no monthly service charge. Must fund within 15 business days of account opening.