High-Interest Savings
0.40% APY*

Unlimited Insurance Protection

Earn more. And keep more.

Making your deposits grow with a great rate, our High-Interest Savings Account also includes plenty of perks to help your money work even harder.  

Open an Account
Trustpilot
Rated 4 out of 10 based on 354 reviews. See some of the reviews here.
Randall
Trustpilot
January 06
Great Bank/Excellent Service
Great bank. Very convenient. Been a customer for 3 or 4 years with no branches available to me, but works great anyway. Out of network ATM fees are reimbursed and online interface and support is very good.
Tracy
Trustpilot
January 05
I love BANK FIVE!!
I love BANK FIVE!!! I'VE BEEN A CUSTOMER FOR ALMOST SIX YEARS AND THEY ARE AMAZING!!! VERY CUSTOMER SERVICE FRIENDLY AND THEIR APP IS THE BEST!!!! FIVE STARS ALWAYS!!!!:))
Michael
Trustpilot
January 05
Best customer service
Best customer service! Never a long wait, always puts the customer first, very personable and knowledgeable. Should be the standard for all customer service teams aspire towards.
Happy Customer
Trustpilot
January 05
The customer service employee I worked…
The customer service employee I worked with was very helpful and patient. Thank you!
Harvey Marsh
Trustpilot
December 04
So far so good
So far so good
Marisol
Trustpilot
November 11
Great customer service
I opened a CD account and I got a follow up email asking for more information. I replied back with the requested information and my account was opened. It was a quick turnaround time. I decided to open a checking and savings account. Their response time was quick as well. I appreciate the steps they take in order to confirm your identity when opening an online account.
Larry
Trustpilot
November 03
Excellent bank!
Excellent bank with first-class customer service!!!
gur piraj
Trustpilot
November 02
So far so good
So far so good
David
Trustpilot
October 14
A High-5 for Bank5!
So far, I'm really digging this bank. I'm giving Bank5 a High-5
Brad Kennington
Trustpilot
October 12
Always easy to get support and answers…
Always easy to get support and answers I need
Christine
Trustpilot
October 06
Very professional and beneficial phone…
Very professional and beneficial phone service
Lance
Trustpilot
October 06
I have had my account for almost 2…
I have had my account for almost 2 years. Customer service has been great. It's always somebody that you can understand, not somebody oversees that speaks English as a secondary language. They go above and beyond to verify I am the actual account holder before giving out confidential information. I've been very happy with Bank 5! Highly recommended!
Shimon
Trustpilot
September 22
Very Professional polite and efficient.
Very Professional polite and efficient. Just a pleasure.
Albert Them
Trustpilot
September 15
The phone representative answered my…
The phone representative answered my questions completely.
Patrick
Trustpilot
September 08
Great rates and friendly customer…
Great rates and friendly customer service
Jennifer
Trustpilot
September 01
Just to let you know every time I do…
Just to let you know every time I do call for any reason the staff is very polite and goes out of their way to help. Thank You
Josiah
Trustpilot
August 25
Quick
Quick, concise and solved the issue
David
Trustpilot
August 11
I like the website
I like the website. It is easy to navigate and gives me the information I need without having to go to other windows aimlessly.
Karen
Trustpilot
August 05
Bank5 representative was so kind to me…
Bank5 representative was so kind to me in a sticky stressful financial situation, and much more than my mainstream bank that I have been with for years. Just because they’re online, don’t think they don’t add a personal touch.
Wayne
Trustpilot
August 05
I have been banking with Bank5 Connect…
I have been banking with Bank5 Connect for 6 months. The website and mobile app are user friendly. I have contacted customer service a few times and the representatives' provided prompt and courteous responses.
Alan
Trustpilot
July 29
Good bank and the folks were helpful
Damn good bank
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  • Low Minimums – $10 to open an account, $100 to earn interest
  • No Maintenance Fees – Keep what you make without monthly maintenance fees
  • Overdraft Coverage – Link your High-Interest Savings Account to your Bank5 Connect High-Interest Checking Account to cover accidental overdrafts
  • Unlimited Protection – Your deposits are 100% insured, even for amounts over the FDIC limit of $250,000
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Questions? Browse our FAQs to learn more.

Thinking about opening a Bank5 Connect account? Start now!

Open an Account

*APY – Annual percentage yield. Rate may change after account is opened. Fees may reduce earnings. Minimum deposit of $10 required to open account. Minimum balance of $100 required to earn interest. Rate effective 1/16/2021.

eStatements notice - There is a $1 per statement, per month fee for Bank5 Connect Savings accounts that receive statements through U.S. Mail. Savings accounts that receive eStatements will not incur a fee.

Limitations on frequency of transfers – During any calendar month or statement cycle of at least four weeks, you may not make more than six withdrawals or transfers to another account of yours or to a third party by means of a preauthorized or automatic transfer or telephone order or instruction, or by check, draft, debit card (if applicable) or similar order to a third party. If you exceed the transfer limitations set forth above in any statement period, your account will be charged a $10.00 fee for each item in excess of the six, and be subject to closure by the financial institution.