Savings Accounts
Best Savings Accounts with No Monthly Fees
A monthly maintenance fee on a savings account quietly eats the interest you earn. These are the accounts we rank highest that never charge one, regardless of your balance.
Top matches
Online Savings
- ✓Savings buckets and round-ups built in
- ✓No monthly fees, no minimum
- ✓FDIC insured
Marcus Online Savings
- ✓Consistently competitive APY
- ✓No fees and no minimum balance
- ✓Simple, well-reviewed app
Checking and Savings
- ✓3.30% APY on savings with eligible direct deposit, against 1.00% without one
- ✓New members can earn a limited-time APY boost on top of that for up to six months, with a direct deposit or qualifying-deposit requirement to keep it
- ✓Combined checking and savings
- ✓No account fees
#4 Pick360 Performance Savings
- ✓Strong APY from a major bank
- ✓No fees or minimum balance
- ✓Branch and app access
Money Market Account
- ✓3.10% APY, with no minimum balance required to earn it (rate effective 10/08/2026)
- ✓Checks and a debit card included
- ✓No monthly fees, no minimum
Marcus High-Yield CD
- ✓4.40% APY on the 12-, 18-, 24-, 36-, 48-, 60-, and 72-month terms (October 2026)
- ✓Low $500 minimum
- ✓10-day rate guarantee
How we ranked these: We ranked every account in our database with no monthly maintenance fee by our overall methodology score, which weighs rate, fees, and access.
Last updated June 2026
Questions, answered
How much does a monthly fee actually cost a saver?
A typical $5 monthly fee is $60 a year. On a $2,000 balance earning 4% APY, that fee eats about three quarters of your interest. On smaller balances, it can leave you earning less than nothing.
What is the difference between no fee and fee waived?
Fee-waived accounts charge a monthly fee unless you meet conditions like a minimum balance or direct deposit. One slow month and you pay. True no-fee accounts, the only kind on this page, have no maintenance fee to waive.
Are there other fees to watch for on a savings account?
Check for excess withdrawal fees, outgoing wire fees, paper statement fees, and dormancy fees. The best accounts charge none of these. Reading the fee schedule takes two minutes and tells you more than any marketing page.