As interest rates continue to fluctuate and inflation remains a hot topic, finding the right place to park your cash is more important than ever. High-yield savings accounts have become a go-to option for anyone looking to earn a solid return while keeping their money safe and accessible.
In 2025, banks—both online and traditional—are offering some surprisingly competitive APYs. Whether you’re saving for a rainy day, an emergency fund, or your next big move, here are the top 10 high-yield savings accounts worth checking out this year.
1. Ally Bank – Online Savings Account
- APY: 4.50%
- Monthly Fees: $0
- Minimum Balance: None
Ally continues to lead the online banking scene with strong rates and an intuitive mobile app. It’s a solid choice for those who want reliability and no hidden fees.
2. Synchrony Bank – High Yield Savings
- APY: 4.55%
- Monthly Fees: $0
- Minimum Balance: None
Synchrony pairs a strong rate with optional ATM access, which is a rare find in the world of online savings accounts.
3. Discover Bank – Online Savings
- APY: 4.35%
- Monthly Fees: $0
- Minimum Balance: None
Known for excellent customer service, Discover also offers a user-friendly platform and a competitive yield. There are no sneaky charges here.
4. Marcus by Goldman Sachs – High-Yield Online Savings
- APY: 4.40%
- Monthly Fees: $0
- Minimum Balance: None
Marcus continues to offer strong APYs with a sleek interface and integration options if you already use other Goldman Sachs products.
5. SoFi Bank – SoFi Savings Vault
- APY: Up to 4.60% (with direct deposit)
- Monthly Fees: $0
- Minimum Balance: $0
SoFi is more than just a savings account—it’s an ecosystem. You’ll need direct deposit to unlock the top rate, but the perks are worth it.
6. Capital One – 360 Performance Savings
- APY: 4.25%
- Monthly Fees: $0
- Minimum Balance: None
Capital One is a hybrid option: online-first but with physical branches in select areas. It’s a great pick if you value some in-person support.
7. Barclays Online Banking – Savings Account
- APY: 4.35%
- Monthly Fees: $0
- Minimum Balance: None
Barclays keeps it simple: high rates, no fees, and a solid mobile experience. It’s a straightforward and effective savings option.
8. CIT Bank – Savings Connect
- APY: 4.65%
- Monthly Fees: $0
- Minimum Balance: $100 to open
This one’s ideal for more active savers. You’ll need to meet a small deposit requirement to open, but the high yield is worth the effort.
9. American Express® – High Yield Savings
- APY: 4.30%
- Monthly Fees: $0
- Minimum Balance: None
Amex brings its reputation for customer service into the banking world. No flashy features, just a reliable and well-rated savings experience.
10. Bask Bank – Interest Savings Account
- APY: 5.10%
- Monthly Fees: $0
- Minimum Balance: None
If you’re chasing the absolute highest APY, Bask Bank might be the one. Just note that it’s relatively new, so read the fine print before jumping in.
Final Thoughts
Choosing the right high-yield savings account in 2025 comes down to your personal priorities—whether that’s maximizing returns, having flexible access to your funds, or integrating with your current bank. All 10 options listed above are FDIC-insured, offer no monthly fees, and are among the most competitive choices in the market right now.
Pro Tip: Always double-check the APY on the official bank website, as rates can change frequently.
Happy saving!
