These are the best high-yield savings accounts from the top banks. Compare offers to find the highest savings rates from the best HYSA accounts.
The best high-yield savings account rate is 5.00% APY from Pibank and Zynlo Bank. That's more than 11 times the FDIC's national average for savings accounts of 0.42% APY.1A high-yield savings account is great because it pays more interest, while still giving you the flexibility to withd...
Top High-Yield Savings Account Rates Today Here are the very highest rates in the country for high-yield savings accounts. While the following banks have the highest APYs as of February 22, 2025, they may not make it into our top picks list because of some limitations: they can have stric...
while 16% earn no interest at all. That's downright paltry compared to thebest high-yield savings accounts, which can offer as much at 5% or higher, depending on the rate environment.
Best high-yield savings accounts for February 2025 Note: Annual percentage yields (APYs) shown were updated between Feb. 16 and Feb. 22. All other information is current as of Feb. 17. Bankrate's editorial team validates this information regularly, typically biweekly. APYs may have changed sin...
A high-yield savings account is a type of savings account that can pay up to 15 times the national average of a standard savings account.1 The competition on savings rates has skyrocketed, creating a new category of high-yield savings accounts. Key Takeaways The interest rates on high-yiel...
Today, it has one of the best high-yield savings accounts, offering online banking with physical branches located in New Jersey, New York, Florida, and Alabama. Why do we like Valley Direct's high-yield savings accounts? Valleydirect offers two high-yield savings accounts, one for current...
Interest rates on high-yield savings accounts were through the roof for much of 2024. They helped depositors earn rich returns, but now it’s time to pay the IRS their share. The IRS classifies earned interest as taxable income, and that includes interest earnings from deposit accounts like ...
But it's not too late. Here's everything you need to know about high-yield savings accounts and how you can open one today. How does a high-yield savings account work? What bank has the best high-yield savings account? What should I look for in a high-yield savings account?
Ally Bank Savings Accounts have a range of account balances called balance tiers. We’re required to tell you the APY we pay is based on the tier in which your end-of-day balance falls. The APY may remain the same for all balance tiers or change based on your account’s daily balance...