Savings accounts

Earn interest on your money while keeping it available. You'll enjoy the self-satisfaction of putting money away — but it's ready when you need it.

Pair your savings and checking accounts

Move money from your checking account into savings with ease by linking them. Many customers set up automatic contributions into savings, so their balances grow without them thinking about it... set it and forget it. By by joining your savings and checking accounts, you're eligible for higher yields, discounts on loans and much more.

Multiple ways to save

Premier Savings Extra¹

Get our highest yields available

  • Webster’s most-competitive savings rates, exclusively available to our Premier clients
  • Savings balance counts toward the relationship’s minimum requirements
  • $10,000 minimum daily balance
  • Open with just $5

Current account APY

Premier Savings²

Rates just for Premier Checking customers

  • No monthly service charge or minimum balance requirement
  • Open with just $5

Current account APY

Webster Value Savings³

Our most-popular savings account

  • Link it with Webster Value checking
  • $5 monthly fee waived with $300 minimum daily balance requirement
  • Free for customers 21 and under and 65+
  • Open with just $5

Current account APY

WebsterOne Relationship Savings⁴

Meet your savings goals

  • $5 monthly fee waived with $300 minimum daily balance requirement
  • Free for customers 21 and under and 65+
  • Open with just $5

Current account APY

Holiday Club Savings⁵

Save for holiday gifts… or yourself

  • Automatically put aside whatever you can afford
  • Receive a distribution check in October
  • Open with just $5
  • No monthly service charge

Current account APY

Disclosures

Interest on savings accounts is expressed as Annual Percentage Yield (APY) and is compounded and credited monthly, except Holiday Club Savings, which is credited quarterly. 

The Annual Percentage Yields (APY) may change at any time without prior notice, before or after the account is opened. Other misc. fees may apply and could reduce earnings.

Current rates available online

1Premier Savings Extra: Minimum opening balance is $5. Monthly service change is $10, but it will be waived if you maintain a $10,000 minimum daily balance. Must have a Premier Checking account with the same primary owner or account will default to a Webster Value Savings account interest rate. 

2Premier Savings: Minimum opening balance is $5. No monthly service charge. Must have a Premier Checking account with the same primary owner or account will default to a Webster Value Savings account interest rate. 

3Webster Value Savings: Value checking account not required. Minimum opening balance is $5. Monthly service charge is $5 but it will be waived if you maintain a $300 minimum daily balance, OR are under age 21 or are 65+.

4WebsterOne® Relationship Savings: Minimum opening balance is $5. Monthly service charge is $5 but it will be waived if you maintain a $300 minimum daily balance OR are under age 21 or are 65+. Must have a WebsterOne® Checking account or account will default to a Webster Value Savings account interest rate. 

5Holiday Club Savings: Minimum opening balance is $5. No monthly service charge.