Rate updated October 31, 2026 · 63 banks tracked

Openbank savings account rate: 4.35% APY

Q: What is Openbank's savings account interest rate?

Openbank pays 4.35% APY on its Savings Account as of October 31, 2026, based on rates SwitchWize tracks across 63 banks.

Q: Which banks pay more than Openbank?

Higher-paying tracked options include pibank (4.40%) and another competitive bank (4.32%).

Openbank pays 4.35% on its savings account — ranking in the top 10th percentile of the 63 banks SwitchWize tracks, where the best available rate is 4.32%. (Updated October 31, 2026.)

Is Openbank a good savings rate? Yes. At 4.35%, Openbank meets or beats the best available rate, so there is no meaningful gap to close on a $25,000 balance.

Already competitive

Openbank's 4.35% meets or beats the best available rate threshold. No gap on this one.

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

Frequently asked questions

What is Openbank's savings account interest rate?▾

Openbank pays 4.35% APY on its savings account as of October 31, 2026, based on rates SwitchWize tracks across 63 banks.

Is Openbank's savings rate good?▾

Openbank's 4.35% ranks in the top 10th percentile of tracked banks. The best available rate is 4.32% and the FDIC national average is 0.38%.

Which banks pay more than Openbank?▾

Higher-paying tracked options include pibank. Compare rates at /banks to find the best current option.

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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.