Fed rate hike tracker · updated September 24, 2026

8 days after the Fed's hike, 14 of 86 savings accounts have raised their rate

The Federal Reserve raised its target range by 0.25 percentage points on September 16, 2026. 8 days later, 14 of the 86 savings accounts SwitchWize tracks have raised their rate, 72 have not changed it, and 0 have lowered it. The average account has moved 0.03 points, about 13% of the Fed's increase.

A savings rate is not tied to the Fed's rate. Each bank decides whether to pass an increase on to you, and many simply don't. Look up your bank below.

Raised their rate

14

No change yet

72

Lowered their rate

0

Typical share passed on

0%

Bank by bank

BankBeforeNowChange
TAB BankBank site3.61%Sep 163.95%Sep 24+0.34
EagleBankBank site3.70%Sep 164.00%Sep 24+0.30
Customers BankBank site3.38%Sep 163.63%Sep 24+0.25
WealthfrontBank site3.30%Sep 163.55%Sep 24+0.25
BettermentBank site3.25%Sep 163.50%Sep 24+0.25
E*TRADEAggregator3.50%Sep 163.75%Sep 24+0.25
CIBC Bank USAAggregator3.52%Sep 163.75%Sep 24+0.23
SoFiBank site3.10%Sep 163.30%Sep 24+0.20
Texas CapitalBank site3.65%Sep 163.85%Sep 24+0.20
Bask BankBank site3.75%Sep 163.90%Sep 24+0.15
Marcus by Goldman SachsBank site3.40%Sep 163.50%Sep 24+0.10
Sallie Mae BankBank site3.75%Sep 163.85%Sep 24+0.10
American ExpressBank site3.00%Sep 163.10%Sep 24+0.10
Vio BankBank site3.95%Sep 164.01%Sep 24+0.06
5Star BankBank site0.04%Sep 160.04%Sep 24No change
AccordiaAggregator4.00%Sep 164.00%Sep 24No change
Alliant Credit UnionBank site3.01%Sep 163.01%Sep 24No change
AllyBank site3.00%Sep 163.00%Sep 24No change
Alto BankBank site3.00%Sep 163.00%Sep 24No change
America First FCUBank site0.05%Sep 160.05%Sep 24No change
Apple BankAggregator3.03%Sep 163.03%Sep 24No change
Axos BankBank site3.75%Sep 163.75%Sep 24No change
Bank of HopeBank site0.01%Sep 160.01%Sep 24No change
Bank5 ConnectBank site1.50%Sep 161.50%Sep 24No change
BankPurelyBank site · reading over 4 days old1.50%Sep 161.50%Sep 18No change
BankUnitedBank site2.10%Sep 162.10%Sep 24No change
BarclaysBank site3.20%Sep 163.20%Sep 24No change
BECUBank site0.20%Sep 160.20%Sep 24No change
Bread SavingsBank site3.95%Sep 163.95%Sep 24No change
BrioDirectBank site3.75%Sep 163.75%Sep 24No change
Capital OneBank site3.00%Sep 163.00%Sep 24No change
Cash AppBank site1.50%Sep 161.50%Sep 24No change
ChimeBank site0.75%Sep 160.75%Sep 24No change
CIT BankBank site3.75%Sep 163.75%Sep 24No change
Citizens AccessAggregator2.80%Sep 162.80%Sep 24No change
Citizens Trust BankBank site0.05%Sep 160.05%Sep 24No change
Colorado Federal Savings BankAggregator3.85%Sep 163.85%Sep 24No change
Cross River BankBank site1.75%Sep 161.75%Sep 24No change
DiscoverBank site3.00%Sep 163.00%Sep 24No change
DollarSavingsDirectBank site3.35%Sep 163.35%Sep 24No change
East West BankBank site2.50%Sep 162.50%Sep 24No change
Emigrant BankBank site3.00%Sep 163.00%Sep 24No change
EverBankBank site3.90%Sep 163.90%Sep 24No change
First Citizens BankBank site0.10%Sep 160.10%Sep 24No change
First Horizon BankBank site0.25%Sep 160.25%Sep 24No change
First Internet Bank of IndianaBank site3.09%Sep 163.09%Sep 24No change
Flagstar BankBank site3.20%Sep 163.20%Sep 24No change
FNBO DirectBank site3.00%Sep 163.00%Sep 24No change
Forbright BankAggregator3.85%Sep 163.85%Sep 24No change
Goldwater BankBank site4.00%Sep 164.00%Sep 24No change
HSBC BankBank site0.10%Sep 160.10%Sep 24No change
Langley FCUBank site3.60%Sep 163.60%Sep 24No change
LendingClubBank site3.00%Sep 163.00%Sep 24No change
Live Oak BankBank site4.00%Sep 164.00%Sep 24No change
Mountain America Credit UnionBank site0.05%Sep 160.05%Sep 24No change
MySavingsDirectBank site3.35%Sep 163.35%Sep 24No change
NBKC BankBank site3.00%Sep 163.00%Sep 24No change
Newtek BankAggregator4.20%Sep 164.20%Sep 24No change
North American Savings BankBank site3.60%Sep 163.60%Sep 24No change
Old National BankBank site3.85%Sep 163.85%Sep 24No change
OpenbankAggregator3.80%Sep 163.80%Sep 24No change
Peak BankBank site4.01%Sep 164.01%Sep 24No change
PiBankBank site4.10%Sep 164.10%Sep 24No change
Popular DirectAggregator3.90%Sep 163.90%Sep 24No change
Presidential BankBank site3.25%Sep 163.25%Sep 24No change
Prime Alliance BankBank site3.75%Sep 163.75%Sep 24No change
Primis BankAggregator3.85%Sep 163.85%Sep 24No change
Quontic BankAggregator3.20%Sep 163.20%Sep 24No change
Quorum Federal Credit UnionBank site3.50%Sep 163.50%Sep 24No change
Ridgewood Savings BankBank site3.35%Sep 163.35%Sep 24No change
Rising BankBank site3.75%Sep 163.75%Sep 24No change
Salem Five DirectAggregator3.51%Sep 163.51%Sep 24No change
SouthState BankBank site0.15%Sep 160.15%Sep 24No change
State Employees' Credit UnionBank site0.25%Sep 160.25%Sep 24No change
SynchronyAggregator3.30%Sep 163.30%Sep 24No change
UFB DirectBank site3.26%Sep 163.26%Sep 24No change
Valley DirectBank site0.01%Sep 160.01%Sep 24No change
Valley DirectBank site3.30%Sep 163.30%Sep 24No change
Varo BankBank site1.00%Sep 161.00%Sep 24No change
Washington Savings BankAggregator0.05%Sep 160.05%Sep 24No change
Webster BankBank site0.01%Sep 160.01%Sep 24No change
Wells FargoBank site0.01%Sep 160.01%Sep 24No change
Western Alliance BankBank site3.80%Sep 163.80%Sep 24No change
Western State BankBank site4.00%Sep 164.00%Sep 24No change
Wintrust BankBank site2.00%Sep 162.00%Sep 24No change
Zynlo BankBank site3.85%Sep 163.85%Sep 24No change

Sorted by how much each bank raised its rate. "Before the hike" is the bank's last reading on or before September 16, 2026.

If your bank hasn't moved

You are earning the same rate you earned before the Fed acted. Compare it with today's top savings rates, or see what staying put costs you in a year.

How we measure it

  • The Fed move. The Fed's rate-setting committee (the FOMC) announced a 0.25-point increase on September 16, 2026, taking the target range to 3.75% to 4.00%. We read it from the Federal Reserve's published target range (FRED series DFEDTARU and DFEDTARL), which records the new range from the day after the announcement.
  • Before and after. "Before" is each bank's savings APY on its last observed day on or before the announcement, and it must be no more than 14 days old. "Now" is its most recent observed APY. Where a bank lists more than one rate on the same day, we use the highest.
  • One source per bank. Readings from the bank's own website and from a rate aggregator can differ for the same bank on the same day, so comparing across them would invent rate changes. Each bank is measured from a single source, preferring its own website: 71 of 86 banks here are read from the bank directly. Banks we hide from our best-rate lists because of a known data problem are included only when we can read the bank's own site.
  • Share passed on is the change in the bank's rate divided by the Fed's move. 100% means the full increase reached savers; a negative share means the bank cut its rate after the hike.
  • Not measured. 14 tracked banks have no reading within 14 days before the announcement and 1 have no reading since, so they are left out rather than guessed. A bank whose latest reading is more than 4 days old is labeled in the table.
  • What this does not show. Our daily savings data starts in June 2026, after the Fed's last cut, so we cannot yet compare how fast banks raise rates with how fast they cut them.

Dataset: /data/fed-hike-tracker.json. Related: Fed tracker, Yield Durability Score, SwitchWize methodology.