Save smart with Credit Karma Savings.
Earn a high-yield savings rate that’s optimized across a network of 800+ banks.
FDIC insured for up to $5 million***
Start saving in minutes.
Open an account** in just a few easy steps and manage it right in the Credit Karma app.
No fees. Ever.
Your account** is 100% free, no matter your balance. And there's no minimum to open.
*The Annual Percentage Yield (APY) shown is current as of 02/17/2020. This rate is variable and may change. No minimum deposit to open account. Balance must be at least $0.01 to earn APY. Maximum 6 withdrawals per monthly statement cycle.
**Banking services provided by MVB Bank, Inc., Member FDIC. Maximum balance and transfer limits apply.
***The balance in your savings account may be moved to one or more network banks where it is eligible for FDIC insurance up to $5,000,000 once the funds arrive at a network bank. Actual insured amounts may be lower or adversely affected based on any balances you hold at a network bank. Learn more at: https://www.fdic.gov/deposit/deposits.