Earn up to 5.00% APY.*
Earn up to 5 .00% APY* Propel Savings
Why Choose OneAZ for Your High-Yield Savings Account?
No matter what’s next for you, you’ll be ready for it with Propel Savings.
High-Yield Savings Account Earnings Breakdown
Propel Savings helps new savers with lower balances grow their earnings fast, while still offering high interest rates as your savings increase.
| Balance | Annual Percentage Yield | Prospective Dividend Rate |
|---|---|---|
$0.01 - $9,999.99 | 5.00% APY | 4.89% |
$10,000 - $24,999.99 | 5.00% - 4.10% APY | 3.45% |
$25,000 - $49,999.99 | 4.10% - 3.55% APY | 2.96% |
$50,000 - $99,999.99 | 3.55% - 3.02% APY | 2.47% |
$100,000 & Greater | 3.02% - 2.10% APY | 1.98% |
*APY=Annual Percentage Yield. $100 minimum balance to open account ($500 maximum to open online) and no minimum balance to earn stated APY. $5 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.
High-Yield Savings Account Frequently Asked Questions
Propel Savings allows you to earn 5.00% APY on balances up to $10,000 with a dividend rate of 4.89%. You would earn $489 in dividends on a balance of $10,000.
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.
Explore the Savings Guide
Learn how to save money with a step-by-step saving plan.
Keep Reading
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 Reading
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
Save for What’s Next.
Launch into all of life’s moments with Propel Savings.
New Car
New Home
College Fund
Wedding
Vacation
Retirement
Emergency Fund
Home Renovations
Open a Propel Savings Account 
New to OneAZ?
You can open a Propel savings account and become a member at the same time.
Already a Member?
Existing members can open a Propel savings account by clicking the link below.
OneAZ Credit Union membership is available to individuals who meet any one the following eligibility requirements:
- Any person who lives, works, worships, attends school or volunteers in the state of Arizona
- Persons under contract to purchase real property in Arizona with at least part-time residence
- Any person sponsored by an existing OneAZ Credit Union Member
In addition, in order for an applicant to be eligible for membership, the applicant must:
- Agree to establish membership by opening an account with the Credit Union
- Not have caused the Credit Union a loss
Rates as of May 15, 2024.
*APY=Annual Percentage Yield. $100 minimum balance to open account ($500 maximum to open online) and no minimum balance to earn stated APY. $5 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. Limit one Propel Savings and YourSavings account per Tax ID.
