Rate updated · 104 banks tracked

Valley Direct savings account rate: 3.40% APY

Valley Direct pays 3.40% on its savings account — ranking in the upper half of the 104 banks SwitchWize tracks, where the best available rate is 4.28%. (Updated May 14, 2026.)

Is Valley Direct a good savings rate? Not really. At 3.40% it trails the 4.28% best available rate, leaving about $221 a year on the table on a $25,000 balance.

The gap, in your dollars

At 3.40%, $25,000 earns $850/yr here versus $1,071/yr at the field leader — a $221/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 Valley Direct and alternatives →

Frequently asked questions

What is Valley Direct's savings account interest rate?

Valley Direct pays 3.40% APY on its savings account as of May 14, 2026, based on rates SwitchWize tracks across 104 banks.

Is Valley Direct's savings rate good?

Valley Direct's 3.40% ranks in the upper half of tracked banks. The best available rate is 4.28% and the FDIC national average is 0.38%.

Which banks pay more than Valley Direct?

Higher-paying tracked options include barclays, etrade, salem five. 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.