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You are here: Home / Bank Rates / Nelnet Bank High Yield Savings Review: 4.71% APY (Nationwide)

Nelnet Bank High Yield Savings Review: 4.71% APY (Nationwide)

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Nelnet Bank High Yield Savings Raisin

Available nationwide, Nelnet Bank High Yield Savings Accounts are offering a phenomenal 4.71% APY rate – powered by Raisin.

Update 10/4/24: The rate has been reduced to 4.71% APY from 4.76% APY.

About Nelnet Bank High Yield Savings

Nelnet Bank (Member FDIC and Equal Housing Lender) was founded to help families achieve their dreams with financial knowledge and access to education. Nelnet Bank started by delivering funding options to students and families—but they’re graduated to do much more.

Today, their list of products includes private student loans, student loan refinance, home improvement loans, business CDs, and business high-yield savings accounts—and they’re just getting started.

Balance Requirement APY Rate
$0.01+ 4.71% APY

Nelnet Bank High Yield Savings Rate

  • Account Type: High Yield Savings Account
  • Interest Rate: 4.71% APY
  • Availability: Nationwide
  • Minimum Balance: None
  • Maximum Balance: None
  • Credit inquiry: Soft Pull 
  • Opening Deposit: $1 minimum
  • Monthly Fees: None
  • Early Termination Fee: None
Apply Now at Nelnet Bank

(FDIC Insured)

Nelnet Bank ACH Capabilities and Limits

ACH Type Speed Daily $ Limit Monthly $ Limit Notes
Push ? ? ?
Pull ? ? ?

How to Earn Nelnet Bank Rate

  1. Open a new account with a minimum opening deposit of $1.
  2. Fill out your personal information – Provide your name, address, phone, email and social security number or Tax ID.
  3. Fund the account/transfer funds – Transfer funds electronically from an internal account here or an external account at another bank.
  4. Start earning interest from Day 1 of your first deposit with no limit on how much you can earn.

Why You Should Sign Up For This Account

  • FDIC insured. No fees. $1 minimum deposit.
  • 24/7 online access to funds.
  • Helping students and families succeed.

Bottom Line

Check out this offer from Nelnet Bank and open an High Yield Savings Account to earn the high rate today!

Interested in Bank Bonuses? See our favorite banks including HSBC Bank, Chase Bank, Huntington Bank, Discover Bank, TD Bank, or CIT Bank.

For more bank offers, see the complete list of Best Bank Rates!

Check back often to see the latest info on Nelnet Bank High Yield Savings Account.

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Filed under: Bank Rates

Disclaimer: These responses are not provided or commissioned by the bank advertiser. Responses have not been reviewed, approved or otherwise endorsed by the bank advertiser. It is not the bank advertiser's responsibility to ensure all posts and/or questions are answered.

About Danny Nguyen

Danny Nguyen has a keen sense in how to save and make money while being as frugal as possible. With this, he is committed to passing on this knowledge and skills to our readers. Outside of work, Danny enjoys helping and giving back to the community, reading, working out, and spending time with what matters most - family!

View all posts by Danny Nguyen

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Advertiser Disclosure: Many of the credit card, cd, savings, checking offers that appear on this site are from credit card companies and other financial institutions from which HustlerMoneyBlog.com receives compensation. This compensation may impact how and where products appear on this site (including, for example, the order in which they appear). We do not feature all available credit card, cd, savings, checking offers or all financial institutions.
Editorial Disclosure: Opinions expressed here are the author's alone, not those of any bank, credit card issuer, airline or hotel chain, and have not been reviewed, approved or otherwise endorsed by any of these entities.