Highest Savings Rates in Minnesota
110 Minnesota-specific accounts

Requires a linked Kasasa Cash or Cash Back checking meeting monthly qualifications (10 debit card purchases, e-statements, online banking), else the base rate. Top rate covers balances to $250,000.

Eligibility restricted to select states.

Eligibility restricted to select states.

Rate applies when the linked checking account's monthly qualifications are met. Otherwise the account pays a lower base rate. Requires a linked Signature High Yield Checking or Signature Cash Back Checking account. The stated APY applies to balances up to $100,000; the portion above earns a lower rate. An early closing fee of $10 applies if the account is closed within 90 days.

Rate applies when the account's monthly qualifications are met. Otherwise the account pays a lower base rate. Requires a linked Kasasa checking account.

Rate applies when the monthly qualifications of the linked Kasasa Cash or Kasasa Cash Back checking account are met. Otherwise the account pays a lower base rate. Balances above the first tier earn a blended rate that falls as the balance grows. There is no fee for a cycle in which the qualifications are not met.

A Kasasa Cash or Kasasa Cash Back checking account is required to open this account. The highest rate applies only to balances up to $100,000, and balances above that cap earn a lower rate. The highest rate is earned only in a monthly qualification cycle in which the linked checking account has at least 12 settled debit card purchases, is enrolled in online banking with a log-in during the cycle, and is set to receive electronic statements. In a cycle that misses those conditions the account earns the bank's base rate instead.

A checking account at a US-chartered financial institution is required to transfer money to and from this account. The bank charges $25 to close the account within the first 90 days. No interest is earned in a month in which the balance falls below $1,000.

The stated APY applies to the first $50,000 of the balance; the part above that earns the bank's low posted rate. A Hometown HYPE Checking account is required, and each statement cycle the account must have online or mobile banking with e-statements, ten signature or PIN debit card transactions and two automatic transfers. If those are not met, the whole balance earns the low rate for that cycle.

New money only.

A linked Kasasa Cash or Kasasa Cash Back checking account is required. The stated APY applies to balances up to $25,000; the balance above $25,000 earns a lower rate. The stated rate is earned only in a monthly cycle when the linked checking account has at least 1 ACH credit or ACH payment, at least 12 debit card purchases, and e-statements. In any other cycle all balances earn the base rate.

A $10 maintenance fee is charged each quarter when the account meets neither minimum balance requirement.

The advertised rate is earned only in a month when the linked Kasasa Cash checking account meets the bank's qualifications: at least 10 debit card purchases, at least one automatic payment or bill payment, and enrolment in e-statements. In a month the qualifications are not met, the account earns the bank's base rate instead. After six consecutive months without qualifying, the bank may convert the account to its Woodland Easy account, which may carry monthly fees.

Three withdrawals each month are free, and each further withdrawal in the same month is charged $1. A minor's account has five free withdrawals a month and opens with $25 instead of $100.

$5,000 is required to open the account, and a $10 monthly processing fee applies in any statement cycle in which the average ledger balance falls below $5,000. The lowest rate tier starts at one cent.

A $3 maintenance fee is charged each quarter when the account does not meet the minimum balance requirement.

A $3 maintenance fee is charged each quarter when the account does not meet the minimum balance requirement.

A $25 fee applies if the account is closed within 180 days of opening.

A $25 fee applies if the account is closed within 180 days of opening.