ableBanking: Savings Account, CDs & Rates

By Aviel Fahl

Updated: 8/19/2026

Mission: Banksparency aims to make ableBanking's deposit accounts transparent and comparable to the market.

Interest rates reported as APY

Analysis of ableBanking

Our verdict

CD Analysis

ableBanking offers CDs paying up to 3.50% APY on its 6 months term, across 5 term lengths.

Tracking 5 active CD products, useful for locking in today's rate before further moves at the Fed.

Best CD use: locking in 3.50% APY for a 6 months term and laddering across multiple maturities.

ableBanking also offers High Yield Savings, a high-yield savings account paying 2.75% APY with a $2,500 minimum deposit.

At 2.75% APY, ableBanking pays 7x the national savings average of 0.38%.

Ideal User Profile

Best for: simple saving without extra requirements and banking without needing a branch.

Key Differentiators

Stands out with top-rated iOS app (4.6), highly-rated Android app (4.9).

Savings Overview

High Yield Savings

Savings

2.75% APY

Min: $2,500 Online Only

Min. Deposit	$2,500
Min. Balance	$0.01
Maintenance Fee	$0

Rank #122 of 337 tracked.

Market Reality Check

This institution offers rates below the top 10 savings and money market accounts we track. Those institutions all pay at least 4.01% APY.

See Top Rates

Also see affiliated bank: Northeast Bank

View products

National Avg: 0.38% (FDIC, 8/1/2026).
Banksparency tracks live rates daily.

Bank Overview

HQ LocationPortland, ME
AffiliationableBanking is a division of Northeast Bank
Ratings & Trust
4.6iOS 4.9Android Not RatedBBB Not BBB Accredited
Deposit InsuranceFDIC Insured(Cert: 19690)

Visit Official Website

Featured Offers

Axos ONE - High Yield Savings & Checking

Over 95,000 fee-free ATMs
Get paid up to 2 days early with Direct Deposit
One convenient app for spending & saving

FDIC Insured

Savings4.21%APY

Checking0.51%APY

Go to Axos Bank

FDIC or NCUA insured

View Details

Monthly Maintenance Fee	None
Min. Deposit to Savings Account	0
Min. Balance in Savings Account	0
How to qualify for APY	OPTION ADirect Deposit $1,500+ AND Maintain $1,500+ avg daily checking balance. OR OPTION BDeposit $5,000+ total/mo AND Maintain $5,000+ avg daily checking balance.
Mobile Ratings	iOS:4.7 Android:4.5

The APY is available with the Axos ONE savings and checking bundle. The checking account also earns interest. To qualify, you must either set up a direct deposit of $1,500 and maintain an average daily balance of more than $1,500 in your ONE Checking account, or receive at least $5,000 in total monthly qualifying deposits and maintain an average daily balance of more than $5,000.

EASY TRANSFERS, LOW MINIMUMS

SponsoredVerified Aug 19, 2026

FDIC Insured

Quontic High Yield Savings

Apply in 3 minutes or less
No monthly service fees
Transfer with Zelle, Apple Pay, G-Pay, and more

FDIC Insured

Savings3.20%APY

Go to Quontic Bank

FDIC or NCUA insured

View Details

Monthly Maintenance Fee	None
Min. Deposit to Savings Account	10000
Min. Balance in Savings Account	0
Mobile Ratings	iOS:4.8 Android:4.9

Savings Account: In-Depth View

Savings Account Offered by ableBanking

Feature	High Yield Savings
APY	2.75%Verified: 8/19/2026
APY Trend	N/A
Min. Deposit	$2,500
Min. Balance	$0.01
Monthly Fee	N/A
Direct Deposit	None
Checking Bundle	No
In-Branch Access	No
Compounding	daily
FDIC Insured	Yes
Eligibility	United States
Next Steps	-

Interactive Tool

Calculate Savings for ableBanking

All calculations are based on APY.

Selected product

High Yield Savings2.75% APY

Initial deposit

Recurring deposit

Frequency

Duration

Savings Breakdown

Interest Earned
+$1,278.90(7.6%)
Total Contributions
$13,000
Initial Deposit
$2,500

Projected Balance

$16,778.90

Effective APY

2.75%

The Banksparency Savings Calculator provides estimated savings growth based on user input and our latest data.

ableBanking Savings Rates Over Time

No historical data available.

Compare with ableBanking

Feature	Current View ableBanking	Empty Slot
Product	High Yield Savings	-
APY	2.75%Verified: 8/19/2026	-
APY Trend	N/A	-
Min. Deposit	$2,500	N/A
Monthly Fee	N/A	-
Direct Deposit	No	-
Checking Bundle	No	-
In-Branch Access	No	-
Eligibility	United States	-
Compounding	daily	-
FDIC or NCUA Insured	Yes	-
Next Steps	-	-

CD Overview

3.50% Highest APY

Across 5 CD products with terms: 48 months, 24 months, 36 months, 6 months, 12 months

CD Products Offered by ableBanking

Feature	6-Month CD 6 months	1-Year CD 12 months	2-Year CD 24 months	3-Year CD 36 months	4-Year CD 48 months
APY	3.50%Verified: 8/19/2026	3.25%Verified: 8/19/2026	3.00%Verified: 8/19/2026	3.00%Verified: 8/19/2026	3.00%Verified: 8/19/2026
Term	6 months	12 months	24 months	36 months	48 months
Min. Deposit	$5,000	$5,000	$5,000	$5,000	$5,000
Early Withdrawal	N/A	N/A	N/A	N/A	N/A
FDIC Insured	Yes	Yes	Yes	Yes	Yes

ableBanking CD Rates Over Time

Alternatives to ableBanking

Banks with Higher/Similar Savings APY

For a top list of the highest savings rates, see all HYSA top rates

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Newtek Bank

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First Federal Community Bank, National Association

Health Savings Account: 3.04% APY

Minimum Deposit: N/A

First Choice Money Market: 0.55% APY

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Vacation Club: 0.02% APY

Minimum Deposit: N/A

First Fed Plus Savings: 0.71% APY

Bundled Savings & Checking Account

Minimum Deposit: $1

Direct Deposit: Not required

First Choice Savings: 0.02% APY

Minimum Deposit: N/A

Christmas Club: 0.02% APY

Minimum Deposit: N/A

Bread Savings

High-Yield Savings Account: 3.95% APY

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West Central Bank

Platinum Money Market 1,4 Tier 3: 0.75% APY

Minimum Deposit: $50,000

Platinum Money Market 1,4 Tier 1: 0.45% APY

Minimum Deposit: $10,000

Money Market 1,4: 0.35% APY

Minimum Deposit: $2,500

IRA 48 Month Fixed 1,4: 2.47% APY

Minimum Deposit: $25

IRA 24 Month Fixed 1,4: 2.32% APY

Minimum Deposit: $25

IRA Variable Rate 1,5: 2.02% APY

Minimum Deposit: $25

Christmas Club / Vacation Club 1,4: 0.30% APY

Minimum Deposit: $0

Savings Account 1,4: 0.30% APY

Minimum Deposit: $100

Platinum Money Market 1,4 Tier 2: 0.50% APY

Minimum Deposit: $25,000

U.S. Bank

Smartly Savings: 3.50% APY

Bundled Savings & Checking Account

Minimum Deposit: $25

Grant County Bank

Regular Savings: 1.26% APY

Minimum Deposit: $100

Money Market Account: 2.84% APY

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Live Oak Bank

Personal Savings: 3.90% APY

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Business Savings: 2.75% APY

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SoFi Bank

SoFi Savings: 3.80% APY

Bundled Savings & Checking Account

Minimum Deposit: $0

Online Only

Direct Deposit: Not required