Santa Monica, California (CA) Savings Rates - April 2026
Brian McKay
Brian McKay
Founder & Data Architect- Automated Online Rate Data Aggregation
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The best savings rates for Santa Monica, California and the surrounding area include Premier America Credit UnionPremier America Credit UnionRAND Corporation, Santa Monica, CA 90401 3208A5.0 ★Texas Ratio: 9.61% Youth Smart Savings at 5.00% APY, Poppy BankPoppy Bank2729 Wilshire Boulevard, Santa Monica, CA 90403A5.0 ★Texas Ratio: 9.79% Poppy Blooms Youth Savings Account at 3.75% APY, Southland Credit UnionSouthland Credit Union525 Santa Monica Blvd, Santa Monica, CA 90401 3608A5.0 ★Texas Ratio: 7.82% High Yield Savings at 2.05% APY, Wells FargoWells Fargo2940 Ocean Park Blvd, Santa Monica, CA 90405A5.0 ★Texas Ratio: 7.44% Retirement High Yield Savings at 0.05% APY, and Kinecta Federal Credit UnionKinecta Federal Credit Union3027 Wilshire Blvd, Santa Monica, CA 90403A+5.0 ★Texas Ratio: 4.14% Traditional Savings at 0.05% APY. Savings rates as of March 29, 2026 according to verified data from MonitorBankRates.
To see how these savings rates in Santa Monica, California, and the surrounding area, compare, use our comprehensive tables below for side-by-side comparisons to find the best savings rates available. Rates in Santa Monica, California (CA) are continually updated — we recommend checking back frequently.
Savings rates reflect recent market quotes and representative offers available to depositors in Santa Monica, California and the surrounding area. Last Updated and Verified: March 29, 2026
Compare the Best Savings Rates in Santa Monica, California & Surrounding Communities
$25 Bonus
Minimum balance to earn promotional rate is $10,000. Balances under $10,000 will earn the regular share savings rate. To qualify, deposit must be new money to Southland transferred from another financial institution.
Minimum Deposit and Minimum Balance requirements for Primary Savings Account waived for NEW Members opting to pay a Membership Entrance fee.
Maximum contribution of $2,000 per month from a qualified source, such as payroll from LAUSD or LACCD
Certificated and classified school employees of our Board approved SEGs are eligible for our Summertime Savings Account bonus rate.
Qualifying balance up to $500.00
Qualifying balance up to $5,000.00
Qualifying balance up to $5000
Qualifications Required: First Entertainment Checking Account; eStatements only; active online Bill Pay service or Direct Deposit; Qualifying balance up to $500.00
Qualifying balance up to $500.00
Qualifying balance up to $2,500.00
Earn 10x the National Average2
LevelUp Rate is applied to the full balance of LevelUp Savings accounts that receive a total of at least $250 in deposits during the Evaluation Period.
New account APY3; This account is not available to open through our financial centers; it can only be opened online or by calling our client solutions team.
Terms and Conditions apply.
$5 monthly maintenance fee waived when average daily balance requirement is met; Optional internet banking access at no additional cost; Manage your savings effortlessly from your smartphone or computer, with 24/7 online access; Move funds smoothly between accounts and automate your savings goals for effortless financial growth; Online Only
Relationship
Online account opening required
guaranteed through June 30, 2026
Banks and Credit Unions: If you identify an incorrect rate or wish to request the removal of your institution’s data, please contact us here.
Methodology & Data Sources
Direct-Sourced & Verified Savings Rate Data: We aggregate savings account rates for Santa Monica, California directly from the official websites of banks and credit unions using our proprietary rate aggregation technology and a dedicated team of rate updaters. Every savings rate displayed on MonitorBankRates.com is highly accurate and trustworthy.
Local, Regional, and National Coverage: Our systems constantly monitor the market to provide a complete picture of available yields in Santa Monica, California. We feature a comprehensive mix of institutions — from neighborhood credit unions and competitive regional banks to large national institutions available to savers in CA.
Daily Updates & Time-Stamped Accuracy: Our rate updaters verify and update savings rates daily. Because savings account yields can fluctuate rapidly, every product listed features its own specific “last updated” date, giving you complete transparency.
Frequently Asked Questions about Savings Accounts in Santa Monica, California
What is a High-Yield Savings Account (HYSA)?
Are savings accounts in Santa Monica, California safe?
How often do savings rates change in Santa Monica, California?
Do I need a minimum deposit to open a savings account?
What is the difference between a Savings Account and a Money Market Account?
Are online banks better than local banks in Santa Monica, California?
How do I open a savings account in Santa Monica, California?
Best Savings Rates in Santa Monica, California
- Premier America Credit Union
Youth Smart Savings — 5.00% APY - Poppy Bank
Poppy Blooms Youth Savings Account — 3.75% APY - Southland Credit Union
High Yield Savings — 2.05% APY - Wells Fargo
Retirement High Yield Savings — 0.05% APY - Kinecta Federal Credit Union
Traditional Savings — 0.05% APY
