Personal High Yield Savings

Give your savings a boost with a rate that is over 11x the National Average3.

Savings
With No Surprises

No Minimum Balance

No Minimum Balance

Open an account in as little as 2 minutes with no minimum deposit required.

No Monthly Fees

No Monthly Fees

Monthly service fees are a thing of the past.

No hidden fees

No hidden fees

No service charges or transaction fees.

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Featured Benefits

  • Easy Online Account Management

    Access your account details any time,
    anywhere on our digital platform.

  • Easy to Open

    Open your savings account online
    in as little as 2 minutes.

  • FDIC-Insured1

    Newtek Bank N.A. is a member of the FDIC. Your deposits are insured up to the maximum amount allowed by law, which is currently $250,0001.