Western Alliance Bank
High interest rate with no account fees
4.0
4.0
MoneyAtlas
Rating
Earn 4.20% APY¹ on your entire account balance
No account fees
FDIC insurance up to $250,000 for individual accounts and $500,000 for joint accounts
Pros
Competitive APY of 4.20%: Western Alliance Bank's High-Yield Savings Premier account offers a rate significantly higher than the national average
No monthly maintenance fees: The account has no account activity or maintenance fees
ACH transfers: Link external banks for deposits and withdrawals.
Cons
Online-only: No branch access for in-person service
Few extras: No ATM card, checks, or budgeting tools