Alliant

Summary

The Alliant Credit Union High-Rate Savings Account delivers a solid 3.10% APY, placing it well above the national average. With a $5 opening deposit and no monthly fees when you opt into e-statements, it’s an affordable and accessible savings solution.

Company Overview

Alliant Credit Union, founded in 1935, is a member-owned, not-for-profit financial institution headquartered in Illinois. It has grown to serve members nationwide with a strong focus on online and mobile banking services. The credit union provides a wide range of financial products, including savings and checking accounts, certificates of deposit (CDs), and loans, all supported by 24/7 customer service.

MORE: What’s The Best Savings Account?

What Alliant Savings Does Best

Alliant excels in offering a high-yield savings account with low fees and flexible options for setting and tracking savings goals. The ability to create up to 19 supplemental savings accounts, each earning the same APY, makes it a standout for goal-oriented savers.

MORE: What’s The Best Savings Account?

Any Negatives?

While Alliant’s High-Rate Savings Account offers a competitive interest rate, it's not the highest on the market, and you need a balance of at least $100 to start earning interest. Additionally, Alliant operates entirely online, which may not appeal to those who prefer in-person banking. Membership in the credit union is required, although the joining process is relatively simple.

Our Final Verdict: 0/10

Alliant Credit Union’s High-Rate Savings Account is an excellent choice for those looking for a straightforward, high-yield savings solution with minimal fees and robust ATM access.

GET STARTED