10 Best High-Yield Savings Accounts of 2025
If you want to make your money work harder without risking it in the stock market, a high-yield savings account (HYSA) is one of the safest and most effective tools.
With interest rates remaining competitive in 2025, opening an HYSA is a smart move for anyone looking to grow their savings.
This guide reviewed and ranked the 10 best high-yield savings accounts based on annual percentage yield (APY), fees, accessibility, and user experience. Whether you’re saving for a rainy day or building an emergency fund, these options can help you boost your returns.
What Is a High-Yield Savings Account?
A high-yield savings account offers significantly higher interest rates than a traditional savings account—typically 10 to 15 times more. These accounts are ideal for earning passive income on your cash while keeping it accessible.
Best High-Yield Savings Accounts in 2025
1. Axos Bank High-Yield Savings
- APY: 4.86%
- Minimum Deposit: $0
- Monthly Fees: None
- Why it stands out: Axos Bank leads with a top-tier APY and no minimum requirements, making it a solid choice for new and seasoned savers.
- Visit Axos Bank
2. Pibank Savings
- APY: 5.00%
- Minimum Deposit: $0
- Monthly Fees: None
- Why it stands out: With one of the highest available APYs and no deposit requirement, Pibank is ideal for maximizing returns from day one.
- Learn more at Pibank
3. Popular Direct High-Rise Savings
- APY: 4.60%
- Minimum Deposit: $100
- Monthly Fees: None
- Why it stands out: Offers strong rates with a low entry point. Great for savers who can start with a small deposit.
- Popular Direct site
4. Bask Bank Interest Savings
- APY: 4.50%
- Minimum Deposit: $0
- Monthly Fees: None
- Why it stands out: No fees, no minimums, and a solid return make Bask Bank a dependable option.
- Bask Bank
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5. LendingClub Bank LevelUp Savings
- APY: 4.50% (with $250 monthly deposit)
- Minimum Deposit: $0
- Monthly Fees: None
- Why it stands out: Encourages consistent saving, with a high APY for those who deposit at least $250 per month.
- LendingClub Bank
6. Wealthfront Cash Account
- APY: 4.50%
- Minimum Deposit: $0
- Monthly Fees: None
- Why it stands out: Offers up to $5 million in FDIC insurance through partner banks—ideal for high-net-worth individuals.
- Visit Wealthfront
7. Marcus by Goldman Sachs
- APY: 4.25%
- Minimum Deposit: $0
- Monthly Fees: None
- Why it stands out: Backed by Goldman Sachs, this account combines trust with a competitive rate and user-friendly online tools.
- Marcus by Goldman Sachs
8. Ally Bank Online Savings
- APY: 3.80%
- Minimum Deposit: $0
- Monthly Fees: None
- Why it stands out: Known for exceptional customer service and intuitive online features—great for digital-first savers.
- Visit Ally Bank
9. Discover Online Savings
- APY: 3.75%
- Minimum Deposit: $0
- Monthly Fees: None
- Why it stands out: Discover combines competitive rates with a reputable brand and excellent customer support.
- Learn more from Discover
10. Capital One 360 Performance Savings
- APY: 3.80%
- Minimum Deposit: $0
- Monthly Fees: None
- Why it stands out: One of the few online banks offering physical branches, ideal for those who want in-person service with strong returns.
- Capital One 360
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How to Choose the Best High-Yield Savings Account
Here are a few factors to consider when comparing your options:
✅ APY (Annual Percentage Yield)
The higher the APY, the faster your savings grow. Even a fraction of a percent can make a significant difference over time.
✅ Fees and Minimums
Avoid accounts with maintenance fees or high minimum balance requirements unless the benefits justify them.
✅ Ease of Access
Look for mobile apps, online banking tools, and easy transfers to ensure seamless access to your funds.
✅ FDIC Insurance
Make sure the account is insured up to $250,000 by the FDIC, or through partner banks for higher balances.
Tips for Maximizing Your Savings
Want to squeeze more out of your high-yield savings account? Try these best practices:
- Automate deposits: Set up recurring transfers to grow your balance effortlessly.
- Compare rates regularly: Interest rates fluctuate—switch accounts if better options arise.
- Avoid withdrawals: The more you withdraw, the less interest you earn. Treat it like a long-term savings tool.
- Consider multiple accounts: Spreading funds can help you stay under FDIC insurance limits while earning high returns.
High-yield savings accounts are a low-risk, high-reward financial tool in 2025. With several options offering APYs above 4%, now’s the time to take control of your financial future.
💡 Ready to grow your savings? Compare the options above and choose the HYSA that fits your goals. Whether you’re saving $100 or $100,000, putting your money in the right account can make a big difference.
