Yield Pledge® Online Savings
Higher interest drives higher savings potential
Max out your savings with an impressive rate, no minimum to open, and easy online and mobile access.
- Guaranteed high yields with our Yield Pledge promise1
- No monthly maintenance fee
- Mobile check deposits2
- Move money with internal and external transfers
- FDIC insured
- $0 to open
Today's rates
See your earnings potential with a $50,000 deposit.
5.15%
1-year intro APYFirst-year APY reflects a 1-year introductory rate available to first-time online savings clients on balances up to $250K. Ongoing APYs otherwise apply.3
$2,572
1st-year earningsEarnings are illustrative and based on deposit and APY shown over a one-year period with no withdrawals. Actual earnings may differ based on rounding factors and potential changes to the APY.
Unless eligible for the 1-year intro APY, the account will earn the ongoing APY. The current ongoing APY for all balances is 4.75%.
See how we compare
With a $50,000 balance, our APY beats the competition.
| APY | |
|---|---|
| EverBank — 1-year introFirst-year APY reflects a 1-year introductory rate available to first-time online savings clients on balances up to $250K. Ongoing APYs otherwise apply.3 | 5.15% |
| EverBank — ongoingUnless eligible for the 1-year intro APY, the account will earn the ongoing APY, which is also backed by our Yield Pledge promise.4 | 4.75% |
| National average5 | 0.52% |
| Bank of America6 | 0.01% |
| Wells Fargo6 | 0.15% |
Get ahead with leading rates backed by our promise
Our Yield Pledge promise keeps your yield in the top 5% of Competitive Accounts.1
Gain greater access to your money with Yield Pledge Checking
Yield Pledge Checking comes with our Yield Pledge promise1 and is equipped with a debit card, personal checks, Zelle® plus online bill pay.
Mobile Banking
Our mobile app keeps you in touch with your money
Use the TIAA mobile app to bank on your time and on the go.
Strong and secure
Get serious security for your savings
We protect your information with strong encryption methods, plus we have your back with our Web Safety Guarantee.7
Open online now
Your money’s going to thank you
Set your money on the right course with our seamless online account application.
- Apply
Open your new account online and with ease.
- Fund account
Send an opening deposit by online transfer or mobile deposit.
- Start banking
Set up online banking and watch your money grow.
Fees at a glance
No hidden fees
Keep your earnings growing, not eroding. With our Yield Pledge Online Savings account, you will not be nickel-and-dimed with a monthly maintenance fee or mobile check deposit fee.
| Fee Type | Fee Amount |
|---|---|
| Monthly maintenance fee | $0 |
| ACH/EFT transaction fee | $0 |
| Mobile check deposit fee | $0 |
Frequently asked questions
Yes. Your deposits with us will be FDIC insured up to the standard $250K per depositor for each account ownership category.8 We also employ a wide range of security measures to ensure the safety of your digital information. EverBank has also received industry recognition for safety and financial strength from a number of respected sources.
With our Yield Pledge Online Savings account, you earn interest no matter your balance. Rest assured that your account yield will always stay in the top 5% of Competitive Accounts, because it’s backed by our Yield Pledge promise.1 Plus, there’s no minimum to open an account.
You can make mobile deposits, access and move your money via online and wire transfers between your EverBank accounts or from another financial institution.
When it’s time to make a deposit, choose from several different options. You can make mobile deposits2 on the app at anytime up to $50,000 a day. If you've been with EverBank for more than five years, you can deposit up to $100,000 a day via mobile deposits.
Also, easily make online transfers between your accounts at other banks and your EverBank account; set them up one at a time or create a recurring schedule. If you want a simple way to build an account balance quickly, you can set up direct deposit. You can even go the traditional route and either wire or mail us a deposit.
You automatically qualify for the 1-year intro Annual Percentage Yield (APY) when you open your first Online Savings account.
Balances up to $250,000 in a Online Savings account earn a fixed 1-year intro APY. Balances over $250,000 receive a blended APY based on the fixed 1-year intro APY applicable to balances up to $250K and the variable ongoing APY associated with the highest balance tier for the account.
When the 1-year intro Annual Percentage Yield (APY) expires, you’ll earn our current ongoing APYs based on your balance. All ongoing APYs are backed by our Yield Pledge promise to keep your yield in the top 5% of Competitive Accounts across the country.1
Information to keep in mind
We promise that the yield on your Yield Pledge® Checking, Money Market and/or Online Savings Account will stay in the Top 5% of Competitive Accounts based on the Bankrate Monitor National Index survey data from the last week of each month. "Competitive Accounts" are similar accounts from the 10 largest banks and thrifts in 10 large U.S. banking markets. This includes data from the 5 largest banks and 5 largest thrifts in each market for which rates are available, except in markets without 5 banks and 5 thrifts. Each week Bankrate surveys these institutions and distributes its results to certain institutions on a paid-for basis. Not all institutions report each week. We reserve the right to change, at any time and without prior notice to you, our Yield Pledge calculation method as necessary to accommodate changes in Bankrate's survey and/or its distribution methodology, including, without limitation, by switching to a different, comparable methodology that may not be based on information from Bankrate.
Must be an existing bank client enrolled in online banking using the TIAA mobile app. See our Mobile Check Deposit Agreement for information on crediting of deposits. Funds availability subject to the terms within our Funds Availability Disclosure. Both are found in your Personal Account Terms, Disclosures and Agreements Booklet.
The quoted Yield Pledge® Online Savings Account Annual Percentage Yields (APYs) are accurate as of 11/24/2023. This is a variable rate account. Except as described below for accounts eligible for the 1-year introductory APY, the ongoing APY of 4.75% applies and may change without notice. The required minimum opening deposit is $0. Fees may reduce earnings.
For first-time Yield Pledge Online Savings account holders, balances up to $250,000 will receive a fixed, 1-year introductory APY of at least 5.15%, and balances of $250,000.01 and up will receive a blended APY ranging from 5.15% to 4.75%, which is based on the fixed, 1-year introductory APY applicable to balances up to $250,000 and the variable ongoing APY described above. For accounts eligible for the 1-year introductory APY, if the ongoing APY exceeds the quoted 1-year introductory APY, the account will earn the higher, ongoing APY. Former Basic Savings account holders are not eligible for the introductory APY.
The quoted Yield Pledge® Online Savings Account Annual Percentage Yield (APY) is accurate as of 11/24/2023. This is a variable rate account and the APY may change without notice. The required minimum opening deposit is $0. Fees may reduce earnings.
National Average APY information as of 11/22/2023, as tracked in Bankrate.com's National Average survey. National Average APYs and terms and conditions can change at any time.
Source: Curinos LLC as of 11/22/2023. Competitor APY information is obtained from public sources; accuracy and completeness cannot be guaranteed. Competitor data may vary by region and is subject to change at any time. Curinos is not liable for reliance on the data.
Our Web Safety Guarantee provides 100% protection for any funds lost due to unauthorized Online Use or an EverBank mistake. Online Use means any service which is used to initiate monetary transactions using our online banking platform, Online Bill Pay and Mobile Banking. Mobile Banking includes banking from web-enabled phones and other mobile devices. EverBank mistakes are limited to errors made solely by EverBank, and do not include those caused partly or entirely by (a) inaccurate or incomplete information provided by you, (b) your misuse of our services or systems, or (c) your failure to comply with all terms of our agreements with you. For more information about your responsibilities, please see the Online Banking Service Agreement and the Web Safety Guarantee sections in the Account Terms, Disclosures and Agreements Booklet.
EverBank, N.A. is an FDIC-insured national banking association. The standard FDIC insurance limit of $250,000 applies per depositor, per insured depository institution for each account ownership category.
