Rate updated · 103 banks tracked

First Internet Bank of Indiana savings account rate: 0.80% APY

First Internet Bank of Indiana pays 0.80% 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 1, 2026.)

Is First Internet Bank of Indiana a good savings rate? Not really. At 0.80% it trails the 4.28% best available rate, leaving about $871 a year on the table on a $25,000 balance.

The gap, in your dollars

At 0.80%, $25,000 earns $200/yr here versus $1,071/yr at the field leader — a $871/yr difference.

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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 First Internet Bank of Indiana and alternatives →

Frequently asked questions

What is First Internet Bank of Indiana's savings account interest rate?

First Internet Bank of Indiana pays 0.80% APY on its savings account as of August 1, 2026, based on rates SwitchWize tracks across 103 banks.

Is First Internet Bank of Indiana's savings rate good?

First Internet Bank of Indiana's 0.80% 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 First Internet Bank of Indiana?

Higher-paying tracked options include emigrant bank, goldwater, varo. 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.