Minnesota Data

1.28% APY
Savings Rates
1.2% APY
National Avg
January 2026
Updated
top rate
4.78
median rent
1250

Nearby States

AlabamaAlaskaArizonaArkansas

Minnesota Savings Rates (2026) — How It Compares to Other States

High-yield savings account average rate

Rates by State‹Savings Rates‹Minnesota
StateSavings Rates (APY)vs National
→ MinnesotaRank #28 / 50-NaN%
→ Minnesota$1,000-$2,500-NaN%
→ Minnesota$175-$300/hr-NaN%
→ Minnesota9.85%+97.0%
→ Minnesota5.10%+2.0%
→ Minnesota1.28% APY+6.7%
→ Minnesota$150–$350-NaN%

Frequently Asked Questions

What are Minnesota savings rates in 2026?
Minnesota savings rates are currently 1.28% APY as of January 2026. The national average is 1.2% APY. Minnesota is above the national average.
How do Minnesota savings rates compare to other states?
Minnesota savings rates of 1.28% APY compare to a national average of 1.2% APY. Rates vary by state based on local market conditions, legislation, and economic factors.
Where can I find the best savings rates in Minnesota?
Online banks and credit unions in Minnesota typically offer rates well above the branch average of 1.28% APY.

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