In comparison, the best high-yield savings accounts pay north of 5.00% APY with no required minimum deposit.Īlthough Navy Federal’s savings account interest rates might not wow you, a few of its rates exceed the standard. Savings account rates at Navy Federal range from 0.00% to 2.25% APY, with the highest yield requiring a deposit of at least $1 million. Are Navy Federal savings account interest rates worth it? Whether you actually should, though, is up for debate since you can find higher yields elsewhere.Īccount details and annual percentage yields (APYs) are accurate as of December 5, 2023. Department of Defense worker or a relative or household member of one of those folks, you are eligible to save at Navy Federal Credit Union. If you’re a current or retired member of the military, a U.S.
