Best Savings Rates

A high-yield savings account can be a safe place to earn interest on your money while keeping it easily accessible for emergencies and planning for economic downturns. In addition to a high annual percentage yield (APY), the best high-yield savings accounts don’t charge fees and have low minimum deposit requirements. All of the savings' accounts listed below are from FDIC banks or NCUA credit unions.

Power up your savings with a Marcus Online Savings Account

Online Savings

APY

Min. balance for APY

BONUS

3.50%

$0

N/A

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Backed by the financial expertise of Goldman Sachs
No Fees. No minimum deposit
Contact center available 24 hours a day / 7 days a week
Unlimited withdrawls

on Marcus site

Member FDIC

Supercharge your savings and earn up to 4.00% APY.

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4.00%

APY

Min. balance for APY

$0

BONUS

Up to $400

High Yield Savings

Earn up to $400 by depositing $5,000 or more, terms apply, click Learn More to review term
Access up to $3 Million in FDIC insurance through their partner network
Zero Account Fees

on SoFi site

Member FDIC

Elevate your savings with a rate up to 7x the national average

Tiered Savings

APY

Min. balance for APY

BONUS

3.65%

$0

N/A

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Earn 3.75% when you deposit $250,000 or more
No monthly maintenance fees
No minimum balance required to open

on Barclays site

Member FDIC

Earn more interest than your average savings account and enjoy the convenience you expect from American Express.

Amex Savings

Transfer funds, set up auto-deposits, and manage your account online.
24/7 Customer Support
No Monthly Fees

on American Express site

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3.20%

APY

Min. balance for APY

$0

BONUS

N/A

Member FDIC

Set new winter goals in motion

APY

Min. balance for APY

BONUS

3.40%

$0

N/A

High Yield Savings

Banking anytime, anywhere with online options to make banking easier
No minimum deposit
No minimum balance
No monthly fees

LEARN MORE

on Synchrony site

Member FDIC

Grow your savings with a high-yield rate

360 Performance Savings

APY

Min. balance for APY

BONUS

3.10%

$0

N/A

No monthly or maintenance fees, you keep what you earn
No minimum to open or keep your online savings account
No worries, your balance is FDIC-insured up to the allowable limits

LEARN MORE

on Cap One site

Member FDIC

Looking for more information on savings accounts?
Not sure if a savings account is the best product for you?
Check out a few of our Blog posts below, or better yet, check out the full Blog page.

What Is NCUA Insurance and How Does It Work?

Many consumers are familiar with FDIC insurance at banks, but credit unions use a different system called NCUA insurance. Understanding how it works can help you evaluate credit unions confidently and avoid unnecessary concerns about the safety of your deposits. The good news is that NCUA coverage is backed by the U.S. government and functions very similarly to FDIC insurance in practice.

May 74 min read

Online Banks vs Traditional Banks: Where Should You Save?

Choosing where to keep your savings has become more complicated over the last decade. Online banks now compete directly with traditional banks for deposits, often offering significantly higher interest rates and lower fees. At the same time, many people still value branch access, in-person support, and the familiarity of a local bank.

May 65 min read

Savings Accounts vs Treasury Bills: Which Is Better for Your Cash?

Both are widely considered low-risk places to hold short-term money, and both can offer competitive yields depending on the interest-rate environment. But they work differently when it comes to liquidity, taxes, and how interest is earned.

Mar 164 min read