Reach Your Goals Faster with a Propel High-Yield Savings Account
Start with as little as $100
No monthly fees*
Seamless Transfers
Open in Minutes
NCUA Insured
“I’m not just saving -I’m moving forward, faster!”
Big goals deserve a savings account that works as hard as you do.
Propel Savings from OneAZ gives you a head start with an annual percentage yield up to
10x higher
than the national average on balances under $10,000.*
As of March 17, 2025:https://www.fdic.gov/resources/bankers/national-rates/index.html
Earnings Breakdown
| Balance | Prospective Dividend Rate | Annual Percentage Yield |
|---|---|---|
|
$0.01 - $9,999.99 |
4.41% |
4.50% APY |
|
$10,000 - $24,999.99 |
2.96% |
4.50% - 3.60% APY |
|
$25,000 - $49,999.99 |
2.48% |
3.60% - 3.05% APY |
|
$50,000 - $99,999.99 |
2.13% |
3.05% - 2.60% APY |
|
$100,000 & Greater |
1.86% |
2.60% - 1.95% APY |
Rates as of July 1, 2025.
1APY=Annual Percentage Yield. $100 minimum balance to open account ($500 maximum to open online) and no minimum balance to earn stated APY.
$2.00 monthly fee waived if enrolled in eStatements. Fees could reduce earnings on the account. Propel Savings is a variable tier rate savings account that pays the stated interest rate only on that portion of the account balance that falls within that specified tier to create a range rate.
Rates Subject to change at any time. Limit one Propel Savings per Tax ID Number.
Why a High-Yield
Savings Account?
A $100 minimum deposit is required to open a Propel Savings account.
Yes! You can access the funds in your high-yield savings account at any time without restrictions.
Yes! Simply use your Propel account information when setting up direct deposit with your employer, or use our direct deposit form.
Compared to other Arizona financial institutions, OneAZ’s high-yield savings account offers a higher rate for lower balances and has a low opening deposit requirement of only $100.
To add additional deposits:
- Transfer funds from a OneAZ checking account or Share Savings account.
- Visit a branch to deposit funds.
- Use Zelle or another Account to Account (A2A) service to send funds from an outside account to your OneAZ Propel Savings account.
Save with Intention
You know saving money is a good idea, but what should you really be saving for? How much should you be putting away for an emergency fund or retirement? Our Financial Resources Guide has you covered.
Create a Saving Plan: Your Guide on How to Save Money
Learn how to save money with a step-by-step saving plan.
Keep ReadingWhich Savings Account Will Earn You the Most Money?
Get the best return for your money by knowing what you’re getting with each type of savings account and which is the best for you.
Keep ReadingMaximize Your Savings
Here's what to look for in a savings account and the differences between regular savings accounts, money market accounts and share certificates.
Keep Reading