Rate updated · 103 banks tracked

Bank5 Connect savings account rate: 1.50% APY

Bank5 Connect pays 1.50% on its savings account — ranking in the lower half of the 103 banks SwitchWize tracks, where the best available rate is 4.28%. (Updated August 2, 2026.)

Is Bank5 Connect a good savings rate? Not really. At 1.50% it trails the 4.28% best available rate, leaving about $696 a year on the table on a $25,000 balance.

The gap, in your dollars

At 1.50%, $25,000 earns $375/yr here versus $1,071/yr at the field leader — a $696/yr difference.

See your exact number →

Higher-paying alternatives we track

Rates subject to change. Verify before switching.

Is it safe to switch? Any FDIC-insured bank carries the same federal deposit protection — the same coverage big banks carry. Verify Bank5 Connect and alternatives →

Frequently asked questions

What is Bank5 Connect's savings account interest rate?

Bank5 Connect pays 1.50% APY on its savings account as of August 2, 2026, based on rates SwitchWize tracks across 103 banks.

Is Bank5 Connect's savings rate good?

Bank5 Connect's 1.50% ranks in the lower half of tracked banks. The best available rate is 4.28% and the FDIC national average is 0.38%.

Which banks pay more than Bank5 Connect?

Higher-paying tracked options include cross river, bankunited, penfed. Compare rates at /banks to find the best current option.

General information only. Rates change frequently; verify directly with the institution before making financial decisions. SwitchWize is not a bank and does not provide financial advice.