How do we compare? Well, we really don’t.
As our highest yield savings option, First Internet Bank’s Money Market Savings account earns 2.12% APY — 11x the national average!*
*As of 9/19/2022, the national average annual percentage yield (APY) for Money Market Savings accounts is 0.18%, as published in the FDIC’s Weekly National Rates and Rate Caps; average rate used is for deposits up to $100,000. The minimum average daily balance to avoid a fee for a Money Market Savings account is $4,000. Rates are subject to change. Fees may reduce earnings on the account. Interest earned assumes entire amount remains on deposit.
open an account