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Fortune

Kristy Snyder

Do you dig a digital relationship? If so, Milli Bank (and its sky-high APYs) might be for you.

Illustration of the Milli Bank logo inside a yellow and green frame. (Credit: Illustration by Fortune; Original logo by Mill Bank)

If you’re looking for a high-yield savings account with a competitive interest rate, no minimum opening deposit requirement, and minimal fees, consider Milli, which has a high-yield savings account with a respectable 4.75% annual percentage yield (APY).

Milli is an online banking division of First National Bank of Omaha (FNBO). Founded in 1857, FNBO is headquartered in Nebraska. Currently, it offers savings and checking accounts but no money market accounts or certificates of deposit (CDs). Those who want various account options and the ability to visit a physical branch should consider other banking partners.

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