Digital Banks Offering Secure Savings Options
Digital banks, also known as neobanks or online-only banks, have become a go-to solution for those seeking high-yield savings, low fees, and secure access to their funds—all from the convenience of a smartphone or computer.
These banks operate without physical branches, allowing them to offer better interest rates and more user-friendly services than traditional banks.
With strong encryption, FDIC insurance (via partner banks), and 24/7 access, they provide safe and flexible savings options.
Earn More While Keeping Your Money Safe Online

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Chime
Chime offers a High-Yield Savings Account with no monthly fees and automatic savings tools.
Funds are FDIC-insured up to $250,000 through partner banks. -
Ally Bank
Ally’s online savings account offers competitive APYs, no minimum balance requirements, and robust security features like two-factor authentication and account alerts.
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Varo Bank
Varo provides tiered savings rates, allowing you to earn more the more consistently you save.
It’s fully digital and FDIC-insured, with no hidden fees. -
SoFi
SoFi offers high APYs on savings accounts, no account fees, and tools for budgeting and goal-setting.
It also provides up to $2 million in FDIC insurance through partnered banks. -
Marcus by Goldman Sachs
Known for its high-yield savings account and simplicity, Marcus offers a solid interest rate, no fees, and 24/7 online account access.