Dream big. Save bigger.

Alliant Savings Accounts earn high yields – 15x the bank industry average!

High Yield Savings Account
The Run Down
  • 15x higher rate71 than most banks pay
  • No maximum balance limit
  • Over 80,000 surcharge-free ATMs
  • No monthly fees if you elect eStatements
  • Just $5 initial deposit required — and we'll pay it for you!
  • Free ATM Card25 so you can make deposits, withdrawals and account inquiries 
  • Enjoy a lower secured loan rate by using your savings account as collateral
1.05 %
1.045 %

With an average daily balance of $100 or more. 

Bank on the Go!

Our mobile app gives you access to your Alliant Account in the palm of your hand.

Download the Mobile App

Kiplinger's logo

"Best Deals in Banking of 2016" - Kiplinger's


"Best Savings Account in 2017" - NerdWallet

Magnify Money Award

"Best Online Savings Account in 2017" - MagnifyMoney

Easy access, anywhere

Access your account however you like

There are numerous, easy ways to access your savings account:

Easy transfers to other accounts

You can use online or mobile banking to transfer money between your own Alliant accounts or to another Alliant member’s account(s). You can also use set up an ACH (Automated Clearing House) transfer to send money to your account at another financial institution, with funds available next-day in many cases if you send prior to the cutoff time.

Quick online application

You can complete the high-rate savings account application using our convenient online form. Open a savings account online to start earning more.42

Depositing checks is a snap!

Depositing money into your high-yield savings account is easy with our mobile deposit app.

Use your savings account for Overdraft Protection

Your savings account can help you avoid getting dinged by overdraft penalties in your checking account. Increase your peace of mind by opting in for free Overdraft Protection25. When needed, we’ll automatically transfer money to your checking account to avoid overdrafts. You’ll only pay a small $3 fee for each day you use Overdraft Protection.

High-Rate Savings Account Rates63

1.05 %
1.045 %

Let Me Know When Alliant Rates Gets Even Better

High-yield savings fees

Non-standard service fees may apply, please view our full fee schedule. Fees subject to change.

Paper Account Statement Fee (each) $1

High-rate savings FAQs

Can I really open a savings account with just $5?

Yes. And, Alliant will now pay you $5 for opening a savings account!

Do I have to maintain a minimum balance to have a savings account or to earn interest?

The minimum balance to keep your savings account open is $5. To earn interest, you must maintain a daily average minimum balance of $100. Alliant interest is paid monthly.

Why can’t I get a debit card for my savings account?

Savings accounts are a convenient way for members to save money. Federal regulations restrict the number of electronic transactions on savings accounts to six per month, excluding personal withdrawals. For this reason, we provide members a limited-use Convenience Card, which permits members to withdrawal cash from Alliant network ATMs. We encourage members to open a checking account for more flexible access to their money, while relying on a savings account for their money to remain and grow.

Can I use my convenience card to make purchases?

No. The Alliant Convenience Card is only for making transactions through an Alliant network ATM.

Are there any transaction restrictions for savings accounts?

The number of withdrawal transactions from savings accounts are limited by federal law.

What is a preauthorized transaction?

A preauthorized transaction includes any arrangement with Alliant to pay a third party from your account upon verbal or written requests, including those received through the automated clearing house (ACH).

Does Alliant offer Cashier’s checks?

Alliant offers an "Official Credit Union Check" that function the same as a Cashier's Check. You can get an Official Credit Union Check by requesting one through Alliant Online Banking, by calling Alliant Phone Banking at 800-328-1935, or by visiting an Alliant Branch. Funds are deducted from your account at the time the Official Credit Union check is issued. There is no fee for the issuance of an Alliant Official Credit Union check unless you request that the check mailing be expedited, in which case you will be charged for express shipping. 

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