Rate updated · 63 banks tracked
First Horizon Bank savings account rate: 0.25% APY
First Horizon Bank pays 0.25% on its savings account — ranking in the bottom quartile of the 63 banks SwitchWize tracks, where the best available rate is 4.32%. (Updated October 31, 2026.)
Is First Horizon Bank a good savings rate? Not really. At 0.25% it trails the 4.32% best available rate, leaving about $1,017 a year on the table on a $25,000 balance.
The gap, in your dollars
At 0.25%, $25,000 earns $63/yr here versus $1,079/yr at the field leader — a $1,017/yr difference.
See your exact number →Higher-paying alternatives we track
Rates subject to change. Verify before switching.
Frequently asked questions
What is First Horizon Bank's savings account interest rate?▾
First Horizon Bank pays 0.25% APY on its savings account as of October 31, 2026, based on rates SwitchWize tracks across 63 banks.
Is First Horizon Bank's savings rate good?▾
First Horizon Bank's 0.25% ranks in the bottom quartile of tracked banks. The best available rate is 4.32% and the FDIC national average is 0.38%.
Which banks pay more than First Horizon Bank?▾
Higher-paying tracked options include wintrust, east west bank, citizens access. 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.