ⓘ Last updated at 12/14/2025
Our Best High Yield Savings Accounts 2025
Smarter finance starts with your savings
High APY Rates
24/7 easy access
Trusted Industry Leading Banks
FDIC or NCUA Insured Savings
High APY Rates
24/7 easy access
Best for Large Deposits
1
9.9
5 out of 5 stars
Exceptional
SoFi: Checking and Savings
🏆 Earn Up to 4.30% APY (up from 3.60%)
Limited-Time Offer: +0.70% Boost on Savings APY for 6 months on new accounts with Direct Deposit. Terms Apply
Earn up to $300 with qualified direct deposit
$0.00 Monthly Fees
$0.00 Min Deposit to Earn APY
The savings account to help you reach your financial goals
SoFi: Checking and Savings
🏆 Earn Up to 4.30% APY (up from 3.60%)
Limited-Time Offer: +0.70% Boost on Savings APY for 6 months on new accounts with Direct Deposit. Terms Apply
Earn up to $300 with qualified direct deposit
$0.00 Monthly Fees
$0.00 Min Deposit to Earn APY
The savings account to help you reach your financial goals
Member FDIC
9.9
5 out of 5 stars
Exceptional
VIEW RATES
On SoFi's secure website
2
9.7
5 out of 5 stars
Exceptional
Barclays: Tiered Savings
APY begins at 3.85%
Earn more as your balance grows
No monthly fees or opening minimums
Access your funds 24/7
Barclays: Tiered Savings
APY begins at 3.85%
Earn more as your balance grows
No monthly fees or opening minimums
Access your funds 24/7
Member FDIC
9.7
5 out of 5 stars
Exceptional
VIEW RATES
On Barclays' secure website
3
9.5
4.5 out of 5 stars
Outstanding
Western Alliance: Savings Account
$1600 New Customer Bonus: code EASY
Annual percentages yield: 3.90%
Maintenance fees: $0.00
Min to earn APY: $0.01
Western Alliance: Savings Account
$1600 New Customer Bonus: code EASY
Annual percentages yield: 3.90%
Maintenance fees: $0.00
Min to earn APY: $0.01
Member FDIC
9.5
4.5 out of 5 stars
Outstanding
VIEW RATES
On Western Alliance's secure website
4
9.3
4.5 out of 5 stars
Excellent
American Express® High Yield Savings Account
Variable annual percentage yield: 3.40% as of 11/26/25¹
Monthly fees: $0 ²
Min to obtain APY: $0²
American Express® High Yield Savings Account
Variable annual percentage yield: 3.40% as of 11/26/25¹
Monthly fees: $0 ²
Min to obtain APY: $0²
Member FDIC
9.3
4.5 out of 5 stars
Excellent
VIEW RATES
On American Express's secure website
5
9.1
4 out of 5 stars
Very Good
Valley Bank Savings, Member FDIC
Min to earn APY: $0.01 Earn 4.03% APY
Min New Customers can earn up to $1,600 with qualifying deposits¹
Use promo code EASY
24/7 online access to funds
Valley Bank Savings, Member FDIC
Min to earn APY: $0.01 Earn 4.03% APY
Min New Customers can earn up to $1,600 with qualifying deposits¹
Use promo code EASY
24/7 online access to funds
Member FDIC
9.1
4 out of 5 stars
Very Good
VIEW RATES
On Valley Bank's secure website
6
9.0
4 out of 5 stars
Very Good
CIT Bank Platinum Savings
Earn up to 3.75% APY¹ on balances over $5,000
Get up to $300 open bonus terms apply
No account opening or maintenance fees
No monthly service fees
CIT Bank Platinum Savings
Earn up to 3.75% APY¹ on balances over $5,000
Get up to $300 open bonus terms apply
No account opening or maintenance fees
No monthly service fees
Member FDIC
9.0
4 out of 5 stars
Very Good
VIEW RATES
On CIT's secure website
7
8.8
3.5 out of 5 stars
Good
Synchrony Bank High Yield Savings
3.65% APY Rate as of 11/18/25
No minimum deposit
Savings products with competitive rates, no required minimum balances, and no monthly fees
Synchrony Bank High Yield Savings
3.65% APY Rate as of 11/18/25
No minimum deposit
Savings products with competitive rates, no required minimum balances, and no monthly fees
Member FDIC
8.8
3.5 out of 5 stars
Good
VIEW RATES
On Synchrony's secure website
Compare the top saving offers reviewed by our financial experts. Lock in your high yield rates with zero risk (FDIC/NCUA insured) and grow your funds today!
647,250+
Customers used pickmybank.com in 2024 to make better & smarter financial decisions.
Customers used pickmybank.com in 2024 to make better & smarter financial decisions.
Perfectly Safe
Your funds are fully FDIC/NCUA insured and secured by industry leading, trusted banking platforms.
Your funds are fully FDIC/NCUA insured and secured by industry leading, trusted banking platforms.
Featured In
Open an account
Wire funds
Start saving today
Our Most Popular Offer
Most of our users picked SoFi to grow their funds
Best for Large Deposits
1
9.9
5 out of 5 stars
Exceptional
SoFi: Checking and Savings
🏆 Earn Up to 4.30% APY (up from 3.60%)
Limited-Time Offer: +0.70% Boost on Savings APY for 6 months on new accounts with Direct Deposit. Terms Apply
Earn up to $300 with qualified direct deposit
$0.00 Monthly Fees
$0.00 Min Deposit to Earn APY
The savings account to help you reach your financial goals
SoFi: Checking and Savings
🏆 Earn Up to 4.30% APY (up from 3.60%)
Limited-Time Offer: +0.70% Boost on Savings APY for 6 months on new accounts with Direct Deposit. Terms Apply
Earn up to $300 with qualified direct deposit
$0.00 Monthly Fees
$0.00 Min Deposit to Earn APY
The savings account to help you reach your financial goals
Member FDIC
9.9
5 out of 5 stars
Exceptional
VIEW RATES
On SoFi's secure website
What is a Savings Account?
Savings Accounts are a deposit account offered by banks that allows individuals to store money securely while earning interest. They provide a safe place to keep money with FDIC or NCUA insurance, protecting deposits up to $250,000 per account holder per institution.
Easy & Safe With Our Experts
Opening a Savings Account, also known as High Yield Savings Account (HYSA), from our expert-selected offers is easy and secure. With a simple process and competitive rates. Your investment is protected by federal insurance, ensuring your money grows safely.
High Savings Rates Expiring Soon
Lock in today’s higher interest rates by opening a Savings Account before rates decline. Securing a high yield rate now ensures you earn more on your savings, even as future rates drop as expected.
Easy to save. Easy to understand.
Sharing knowledge from our experts is what we believe make our customers trust us
- Savings accounts offer the benefit of guaranteed returns with fixed interest rates, allowing you to grow your money steadily over time. Unlike more volatile investments, savings accounts provide a secure place to store your funds while earning a predictable income. This stability makes them an ideal choice for individuals looking to protect their principal while earning a modest, reliable return.
- Savings are insured by the FDIC up to the legal limit, protecting both your initial deposit and accrued interest. This insurance significantly reduces the risk of losing your money due to bank failures or insolvency. Compared to riskier investments like stocks or bonds, Saving offer a safer place for your capital. Their low-risk nature makes them an ideal choice for preserving wealth and avoiding market volatility.
- Having a savings account encourages regular saving and helps build strong financial habits. By setting aside a portion of your income consistently, you can create an emergency fund, save for a big purchase, or work towards long-term financial goals. This disciplined approach can lead to a more stable financial future.
- Unlike market-dependent investments, Saving are not subject to the ups and downs of the financial markets. Their value remains consistent regardless of economic conditions or market volatility. This inherent stability offers peace of mind and a secure place to park your money. By avoiding market risk, SavIngs ensure that your principal and interest are protected from market uncertainties.
- Savings accounts offer the convenience of easy access to your money whenever you need it. Unlike long-term investments, there are no penalties for withdrawals, making it a flexible option for managing short-term financial needs. This liquidity ensures you can cover unexpected expenses or take advantage of opportunities without delay.
- Savings are designed to be simple financial products with clear terms and fixed rates, making them easy to comprehend. There are no complex strategies or significant risks involved, which simplifies investment management. Their straightforward nature makes them accessible to investors at all experience levels. This simplicity helps you make informed investment decisions and manage your portfolio with confidence.
Lock Today's Highest Rates
Rates continue to decline, open your HYSA account today to benefit from the highest yield
Best for Large Deposits
1
9.9
5 out of 5 stars
Exceptional
SoFi: Checking and Savings
🏆 Earn Up to 4.30% APY (up from 3.60%)
Limited-Time Offer: +0.70% Boost on Savings APY for 6 months on new accounts with Direct Deposit. Terms Apply
Earn up to $300 with qualified direct deposit
$0.00 Monthly Fees
$0.00 Min Deposit to Earn APY
The savings account to help you reach your financial goals
SoFi: Checking and Savings
🏆 Earn Up to 4.30% APY (up from 3.60%)
Limited-Time Offer: +0.70% Boost on Savings APY for 6 months on new accounts with Direct Deposit. Terms Apply
Earn up to $300 with qualified direct deposit
$0.00 Monthly Fees
$0.00 Min Deposit to Earn APY
The savings account to help you reach your financial goals
Member FDIC
9.9
5 out of 5 stars
Exceptional
VIEW RATES
On SoFi's secure website
5 out of 5 stars
5 out of 5 stars
With pickyourbank.com, comparing and choosing the best savings account was a breeze! I found the highest interest rates and opened my account in just a few minutes. So simple and convenient!
Laura Mitchell
Austin, Texas
5 Thing to Pay Attention to Upon Opening a Savings Account
Opening a savings account is easy with our experts and listings. We always love our customers to know more once comparing between different listing offers.
Unlock Your Financial Potential
- Interest Rates: Check the interest rates offered by different banks before making a decision. Compare rates offered by traditional brick-and-mortar banks and online banks to find the best option for you. Also, make sure to look at the APY (annual percentage yield) rather than the interest rate to ensure you are getting the best deal.
- Fees: Some banks charge fees for maintaining a savings account, making transactions, or exceeding withdrawal limits. Make sure to read the fee schedule carefully to avoid any unexpected charges.
- Minimum Balance Requirements: Some banks require a minimum balance to open a savings account or maintain a certain balance to avoid fees. Make sure to check these requirements before opening an account.
- FDIC Insurance: Make sure the bank you are considering is FDIC insured. This means that if the bank fails, your deposits up to $250,000 per depositor, per insured bank are insured by the FDIC.
- Accessibility: Check how easy it is to access your money when you need it. Some banks have limitations on the number of withdrawals you can make per month, and others may have a waiting period before you can access your funds.
- Account Features: Some savings accounts offer additional features such as automated savings plans, budgeting tools, or higher interest rates for larger balances. Make sure to check for these features to find an account that fits your financial needs.
- Customer Service: Look for a bank that offers good customer service. Check online reviews and ratings, and consider contacting the bank's customer service department with any questions or concerns before opening an account.
Advertising Disclosure
Pickyourbank.com may earn a commission when a user completes an action using our links, which will however not affect the review but might affect the rankings. The latter is determined on the basis of product market fit and compensation received. The information contained in pickyourbank.com should not be conceived as legal, financial or investment advice nor as an endorsement of any of the products or services referenced in pickyourbank.com. As disclosed in the Terms and Conditions all information on pickyourbank.com is subject to change. pickyourbank.com does not contain an exhaustive list of all lending or insurance partners in each category.
American Express: ¹ The Annual Percentage Yield (APY) as advertised is accurate as of 11/26/25. Interest rate and APY are subject to change at any time without notice before and after a High Yield Savings Account is open. Interest Rate and APY of a Certificate of Deposit account is fixed once the account is funded.
²There is no minimum balance required to open your Account, to avoid being charged a fee, or to obtain the Annual Percentage Yield (APY) disclosed to you.
3 For purposes of transferring funds to or from an external bank, business days are Monday through Friday, excluding federal holidays. Transfers can be initiated 24/7 via the website or phone, but any transfers initiated after 7:00 PM Eastern Time or on non-business days will begin processing on the next business day. Funds deposited into your account may be subject to holds. See the Funds Availability section of your Consumer Deposit Account Agreement and Savings Schedules for more information.
SoFi®'s savings account is unique, and one of the best, because it isn't just a savings account — it's also a checking account. Earn up to 4.30% Annual Percentage Yield (APY) on SoFi Savings with a 0.70% APY Boost (added to the 3.60% APY as of 11/12/25) for up to 6 months. Open a new SoFi Checking and Savings account and
pay the $10 SoFi Plus subscription every 30 days OR receive eligible direct deposits OR qualifying deposits of $5,000 every 31 days by 1/31/26. Rates variable, subject to change. Terms apply at
sofi.com/banking#2. SoFi Bank, N.A. Member FDIC.. Open a new SoFi Checking & Savings account. Rates variable, subject to change. Terms apply at sofi.com/banking#2. SoFi Bank, N.A. Member FDIC.¹⁰
US BANK¹ Earn up to 3.00% APY when you pair U.S. Bank Smartly® Savings with an additional eligible product and have combined qualifying balances of at least $100,000. Additional rates available and vary by balance tier.
Cash App is a financial services platform, not a bank. Banking services provided by Cash App’s bank partner(s). Savings provided by Cash App, a Block, Inc. brand.
*Customers can qualify for Cash App Green by spending $500 in Qualifying Purchases using your Cash App Card or Cash App Pay per month, or by depositing $300 of Qualifying Deposits per month. Eligibility restrictions apply to some benefits. See Terms and Conditions (https://cash.app/legal/us/en-us/tos) for more information.
To earn the highest interest rate on your Cash App savings balance, you need to (a) have a Cash App Card, or sponsor one or more sponsored accounts, and qualify for Cash App Green or (b) have a sponsored account with sponsor approval. Customers can qualify for Cash App Green by spending $500 in Qualifying Purchases using your Cash App Card or Cash App Pay per month, or by depositing $300 in Qualifying Deposits per month. See terms and conditions for more information on how to qualify.
If you are signed up to earn interest, Cash App will pass through a portion of the interest paid on your savings balance held in an account for the benefit of Cash App customers at Wells Fargo Bank, N.A., Member FDIC. Exceptions may apply. Savings yield rate is subject to change.
Synchrony: Annual Percentage Yield (APY) is subject to change at any time without notice. Offer applies to personal accounts only. Fees may reduce earnings. For High Yield Savings accounts, the rate may change after the account is opened. Visit synchrony.com/banking for current rates, terms and account requirements. Member FDIC.
Pickyourbank.com may earn a commission when a user completes an action using our links, which will however not affect the review but might affect the rankings. The latter is determined on the basis of product market fit and compensation received. The information contained in pickyourbank.com should not be conceived as legal, financial or investment advice nor as an endorsement of any of the products or services referenced in pickyourbank.com. As disclosed in the Terms and Conditions all information on pickyourbank.com is subject to change. pickyourbank.com does not contain an exhaustive list of all lending or insurance partners in each category.
American Express: ¹ The Annual Percentage Yield (APY) as advertised is accurate as of 11/26/25. Interest rate and APY are subject to change at any time without notice before and after a High Yield Savings Account is open. Interest Rate and APY of a Certificate of Deposit account is fixed once the account is funded.
²There is no minimum balance required to open your Account, to avoid being charged a fee, or to obtain the Annual Percentage Yield (APY) disclosed to you.
3 For purposes of transferring funds to or from an external bank, business days are Monday through Friday, excluding federal holidays. Transfers can be initiated 24/7 via the website or phone, but any transfers initiated after 7:00 PM Eastern Time or on non-business days will begin processing on the next business day. Funds deposited into your account may be subject to holds. See the Funds Availability section of your Consumer Deposit Account Agreement and Savings Schedules for more information.
SoFi®'s savings account is unique, and one of the best, because it isn't just a savings account — it's also a checking account. Earn up to 4.30% Annual Percentage Yield (APY) on SoFi Savings with a 0.70% APY Boost (added to the 3.60% APY as of 11/12/25) for up to 6 months. Open a new SoFi Checking and Savings account and
pay the $10 SoFi Plus subscription every 30 days OR receive eligible direct deposits OR qualifying deposits of $5,000 every 31 days by 1/31/26. Rates variable, subject to change. Terms apply at
sofi.com/banking#2. SoFi Bank, N.A. Member FDIC.. Open a new SoFi Checking & Savings account. Rates variable, subject to change. Terms apply at sofi.com/banking#2. SoFi Bank, N.A. Member FDIC.¹⁰
US BANK¹ Earn up to 3.00% APY when you pair U.S. Bank Smartly® Savings with an additional eligible product and have combined qualifying balances of at least $100,000. Additional rates available and vary by balance tier.
Cash App is a financial services platform, not a bank. Banking services provided by Cash App’s bank partner(s). Savings provided by Cash App, a Block, Inc. brand.
*Customers can qualify for Cash App Green by spending $500 in Qualifying Purchases using your Cash App Card or Cash App Pay per month, or by depositing $300 of Qualifying Deposits per month. Eligibility restrictions apply to some benefits. See Terms and Conditions (https://cash.app/legal/us/en-us/tos) for more information.
To earn the highest interest rate on your Cash App savings balance, you need to (a) have a Cash App Card, or sponsor one or more sponsored accounts, and qualify for Cash App Green or (b) have a sponsored account with sponsor approval. Customers can qualify for Cash App Green by spending $500 in Qualifying Purchases using your Cash App Card or Cash App Pay per month, or by depositing $300 in Qualifying Deposits per month. See terms and conditions for more information on how to qualify.
If you are signed up to earn interest, Cash App will pass through a portion of the interest paid on your savings balance held in an account for the benefit of Cash App customers at Wells Fargo Bank, N.A., Member FDIC. Exceptions may apply. Savings yield rate is subject to change.
Synchrony: Annual Percentage Yield (APY) is subject to change at any time without notice. Offer applies to personal accounts only. Fees may reduce earnings. For High Yield Savings accounts, the rate may change after the account is opened. Visit synchrony.com/banking for current rates, terms and account requirements. Member FDIC.