Savings Accounts

Worth every penny, and more.

It can take commitment and planning to save, whether it’s for a short-term goal or for the long term. At Webster, we ensure you’re in the right account for your needs, so your balance, and even your interest rate, can be working hard for you. After all, you work hard for what you earn, and save.

See accounts by features and requirements. And when you’re ready to open one, our process is simple.

Compare Our Savings Rates

Premier Savings

Pair your Premier Checking account with our highest yield savings account.
Offers our highest rates
  • Dedicated customer service line for Premier customers
  • Our highest savings rates plus no service charges
  • Minimum opening balance: $5

Learn more

WebsterOne® Savings

Put your savings account to work. As your balance grows, so does your interest rate.
Save more to earn more
  • Especially for WebsterOne Relationship Checking customers
  • Easy access to your money with unlimited banking center withdrawals
  • Minimum opening balance: $5

Learn more

Premium Money Market Savings

A money market account offers a hassle-free way to grow and access your money, no checking account required.
A safe place to grow your money
  • Access your money with online banking, link to external accounts, and get unlimited banking center withdrawals
  • No monthly service charge with an average daily balance of $2500 or more
  • Minimum opening balance: $1,500

Learn more

Webster Value Savings

When you’re ready to start saving, a Webster Value Savings account makes it easy.

Smart saving starts here

  • It’s easy to earn a higher interest rate. Just make a monthly automatic transfer from your Webster checking account of $25 or more.
  • Each account includes an ATM card, online and mobile banking6, and alerts7
  • Minimum opening balance: $5.00

Learn more

Holiday Club Savings

Save for the holidays, or any goal or event, with our help. Set your goal, make automatic deposits, and receive the balance every October.

Competitive rates to help you reach your goal

  • Establish a goal and start an automatic savings program
  • Receive a check for your balance on the third week of each October.
  • Minimum opening balance: $5
  • No monthly service charge

Learn more

IRAs

See the latest rates on retirement savings accounts.

Learn more

Webster
CDs

The longer your term, the higher your interest rate.

Learn more

Health Savings
Accounts

Set money aside for medical and dental expenses.

Learn more
  1. Premier Savings: Minimum opening balance is $5. No monthly service charge. Must have a Premier Checking account or account will default to a Webster Value Savings account interest rate. Interest is expressed as Annual Percentage Yield (APY) and is compounded and credited monthly.

  2. WebsterOne® Savings: Minimum opening balance is $5. Monthly service charge is $5 but it will be waived if you maintain a $300 daily minimum balance OR are under age 21 or are 65 or more. Must have a WebsterOne® Checking account or account will default to a Webster Value Savings account interest rate. Interest is expressed as Annual Percentage Yield (APY) and is compounded and credited monthly.

  3. Premium Money Market: Minimum opening balance is $5. Monthly service charge is $12.00. No monthly service charge with minimum daily balance of $2,500 or more. Interest is expressed as Annual Percentage Yield (APY) and is compounded and credited monthly.

  4. Webster Value Savings: Minimum opening balance is $5. Monthly service charge is $5 but it will be waived if you maintain a $300 daily minimum balance, OR are a primary owner of a Webster Checking Account, OR are under age 21 or are 65 or more. Interest is expressed as Annual Percentage Yield (APY) and is compounded and credited monthly.

  5. Holiday Savings Club: Minimum opening balance is $5. No monthly service charge. Interest is expressed as Annual Percentage Yield (APY) and is compounded and credited quarterly.

  6. Mobile App: Our app supports Android 2.2+ and iPhone/iPad iOS 4.3.5+. Apple, the Apple logo, iPhone and Apple Watch are trademarks of Apple Inc., registered in the U.S. and other countries. Apple Pay and Touch ID are trademarks of Apple Inc. Android is a trademark of Google Inc.

    Mobile Deposit Limits: We may establish limits that apply to the amount of any individual check, the dollar amount and number of checks that may be deposited in a day, and the dollar amount of checks that may be deposited in a multi-day period. To learn more, see the Webster Mobile Deposit Terms and Conditions. Subject to eligibility requirements. Not available with Opportunity Checking.

    Mobile Banking: You must be enrolled in Webster Online Services to use Webster Mobile Banking. Message and data rates may apply. Check with your mobile services provider for any charges that may apply for data usage on your mobile device.

  7. Balance Alert Notifications: Balance alert notifications will not be sent between the hours of 11:00 pm and 6:00 am EST. There are no fees assessed by Webster for this service. Message and data rates may apply. Check with your wireless or internet service provider for any charges that may apply for data usage.