Are you unsure where to start with savings plans? With retirement funds and measures against price increases, more and more people are saving steadily, right? But since there are so many banks, and interest rates and procedures differ, many people probably don’t know which one to choose…

This time, we compared savings plans from 10 popular banks by “interest rate” and “ease of procedures.” We’ll introduce recommended savings accounts in a ranking, so please use it as a reference for choosing a bank.

【1st】Sony Bank’s Regular Deposit Savings
Recommended Score: 5.0

The procedures are simple, and the interest rate is also above the market level. You can start with 1,000 yen or more per month, and increase the amount up to 2 times per year. For one-year terms it’s 1.000%, and for three-year terms it’s 0.750%, which is also a high level among the products we verified. Since there is an automatic deposit service, switching from other banks is easy. Since you can also cancel online, you can feel secure even if you suddenly need money. If you’re looking for both high interest rates and convenience, this is your strongest candidate.

【2nd】AEON Bank’s Regular Fixed Deposit Savings
Recommended Score: 4.42

For people who use the AEON Group. An interest rate of 0.500% for the entire term. You can set it from 500 yen or more per month, and you can freely choose the deposit date. With support for automatic deposits and online cancellation. When combined with AEON Card Select, point rebates are also increased, so it’s recommended for people who frequently use AEON in their daily lives.

【3rd】Rakuten Bank’s Time Deposit
Recommended Score: 4.09

A high interest rate of 0.700% for a 5-year term. If you frequently use Rakuten services, you can get even more value through point linkages. You can start with 1,000 yen or more per month. However, it does not support automatic deposits, so the downside is that it requires the hassle of transferring manually every month. If you place importance on integration with the Rakuten Group, it’s worth considering.

【4th】Sumitomo Mitsui Banking Corporation’s SMBC Regular Deposit《Ribon》
Recommended Score: 4.09

Among city banks, it offers relatively high interest rates. 0.700% for a 5-year term. You can set it from 1,000 yen or more per month and increase the amount at any time. One of its attractions is the preferential benefits when using loans. Automatic deposits are not supported, but if you’re considering applying for a loan, it’s worth considering.

【5th】Mizuho Bank’s Regular Deposit (Mizuho Global Account)
Recommended Score: 4.09

An interest rate of 0.900% for a 10-year term that exceeds the market level. With a bundling feature, you can combine multiple regular savings into one, making management easier. Supports online cancellation. Automatic deposits are not supported, but it’s for people who want the security and convenience of a city bank.

【6th】Yokohama Bank’s Regular Deposit Savings (Free Period)
Recommended Score: 3.89

For a 5-year term, it’s 0.600%, which is fairly high. You can set it starting from at least 5,000 yen, and you can also change the term. If you’re within Kanagawa Prefecture, there are plenty of branches and ATMs, so direct deposits are easy. Recommended for those looking for a locally rooted savings product.

【7th】Kyoto Bank’s Regular Fixed Deposit Savings
Recommended Score: 3.89

0.600% for a 5-year term. If you use Kyoto Card Neo, you can participate in campaigns that help you earn points. There are benefits unique to regional banks, so it’s worth considering for people living in the Kyoto area.

【8th】Sumitomo Mitsui Trust SBI Net Bank’s Purpose-Specific Accounts
Recommended Score: 3.82

The interest rate is relatively low at 0.310%, but the convenience in terms of fees is high. It supports automatic deposits, and you can use it at convenience store ATMs without a card. It’s also attractive that fees for up to 20 transactions per month are free. It’s for people who prioritize convenience over interest rates.

【9th】Mitsubishi UFJ Bank’s Automatic Monthly Savings Time Deposit
Recommended Score: 3.77

0.502% for a 3-year term. Strengths include having a top-level number of branches among city banks and a high level of online banking functionality. Supports online cancellation. It’s recommended for people who value overall convenience.

【10th】Shizuoka Bank’s Savings《Ai》
Recommended Score: 3.77

The interest rate is 0.400%, in line with the market. You can also receive point rebates by using しずぎんjoyca. Supports online cancellation. If you’re in Shizuoka Prefecture, there are also many branches, so it can be considered as a main account.

Which bank’s savings plan you choose depends on your living area and what points you care about most. If you prioritize interest rate above all else, choose from the top-ranked banks; if you prioritize convenience more, the key is to choose based on affiliated ATMs and services. Why not start saving steadily with one of these recommended savings plans?