The top high-yield savings accounts offer annual percentage yields (APYs) significantly higher than the national average rate of 0.42%. Many accounts on this list feature rates exceeding 4%. These accounts are excellent for growing your savings while keeping your funds easily accessible.
The options highlighted below can help your emergency fund grow faster compared to accounts with standard rates. Continue reading for our full selection of recommended accounts, and refer to the bottom of the page for more details about how savings accounts function and important factors to consider before opening one.
APYs are accurate as of Jan. 25, 2025.
Best High-Yield Savings Accounts of February 2025: Up to 5.10%
| Bank/Institution | Rating | APY + Bonus | Learn More |
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 | 4.0/5.0 |
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 | 4.5/5.0 |
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 | 4.5/5.0 |
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 | 5.0/5.0 |
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 | 5.0/5.0 |
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 | 5.0/5.0 |
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 | 4.5/5.0 |
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Fundamentally Rating
Barclays High Yield Savings account
APY: 4.25%
Bonus: $200
Minimum: None
Why we like it:
Barclays, a trusted global bank, offers a high-yield savings account with a competitive interest rate, no monthly fees, and no minimum balance required to open or earn interest. This makes it an accessible option for savers of all levels.
With 24/7 online banking and easy transfer to and from external accounts, managing your savings is simple and convenient. While Barclays foist offer a checking account for U.S. consumers, its savings account stands out for its strong yield and fee-free structure, making it a great choice for those looking to grow their money without unnecessary costs.
Fundsamentally rating
Discover Online Savings Account
APY: 3.75%
Bonus: $200
Minimum: None
Why we like it:
Discover’s high yield savings account offers a competitive APY, no monthly fees, and no minimum deposit requirement, making it an attractive option for savers looking for a hassle-free way to grow their money. The bank’s online and mobile experience is highly rated, with intuitive apps available for bot IOS and android.
Discover also provides 24/7 customer support by phone, ensuring help is always available when needed. Plus, new customers can take advantage of a generous welcome bonus for meeting deposit requirements. With a strong interest rate, fee-free structure, and reliable customer service, Discover’s savings account is a solid choice fro those prioritizing convenience and earnings
Fundamentally rating
American Express High Yield Savings Account
APY: 4.25%
Bonus: None
Minimum: None
Why we like it:
American Express offers a high-yield savings account with a competitive APY, no monthly fees, and no minimum balance requirement, making it a great choice for hassle-free savings.
The bank’s online platform is easy to navigate, and its mobile app receives high ratings for its user-friendly experience. While American Express doesn’t offer a checking account, its savings option is a strong standalone product for those looking to earn interest without worrying about fees. Plus, with 24/7 customer service, you’ll always have support when you need it.
Fundamentally Rating
CIT Bank Platinum Savings
APY: 4.35%
Bonus: None
Minimum: $5,000 balance
Why we like it:
CIT Bank’s Platinum Savings account offers an impressive APY for those who maintain a higher balance, making it a strong choice for maximizing interest earnings. There are no monthly fees, and the online banking experience is seamless, allowing easy access to your savings anytime.
While a $5,000 minimum balance is required to earn the highest APY, those who meet this threshold can benefit from one of the most competitive rates available. CIT Bank also provides a range of other savings and checking options, making it a solid choice for digital banking with strong rewards for higher-balance savers.
Fundamentally Rating:
EverBank Performance Savings
APY: 4.25%
Bonus: None
Minimum: None
Why we like it:
EverBank’s Performance Savings account stands out with a highly competitive APY and no monthly maintenance fees, making it a strong choice for those looking to maximize their savings.
New customers can take advantage of an attractive introductory interest rate, helping boost earnings early on. The account has no minimum balance requirements to earn interest, and EverBank offers a user-friendly online and mobile banking experience. With a focus on high yields and digital convenience, this account is a great option for savers who want a, hassle-free way to grow their money.
Fundamentally Rating:
ForBright Bank Growth Savings
APY: 4.25%
Bonus: None
Minimum: None
Why we like it:
Forbright Bank’s Growth Savings account offers a competitive APY, making it an appealing option for savers looking to maximize their returns. With no monthly maintenance fees and low minimum balance requirement to earn interest, it provides a straightforwards and rewarding way to grow your money.
The bank focuses on digital banking convenience, offering an east-to-use online platform for managing your savings. While Forbright Bank doesn’t have a large branch network, its strong interest rates and fee-free structure make it a solid choice for those comfortable with online banking.
Fundamentally Rating:
UFB Portfolion Savings
APY: 4.01%
Bonus: None
Minimum: None
Why we like it:
UFB Portfolio Savings offers a highly competitive APY, making it an excellent choice for savers looking to maximize their earnings. With no monthly maintenance fees and no minimum deposit requirement to open an account, it provides a hassle-free way to grow your savings.
The account includes access to user-friendly online and mobile banking experience, allowing for easy transfer and account management. While UFB Direct doesn’t offer a wide range of banking products, its high-yield savings account stands out for its strong interest rates and fee-free structure, making it a great option for those focused on digital savings.
Fundsamentally Rating:
Bask Interest Savings Account
APY: 5.10%
Bonus: None
Minimum: None
Why we like it:
The Bask Interest Savings Account offers a highly competitive APY with no monthly maintenance fees or minimum balance requirements, making it an excellent choice for those looking to maximize their savings.
Bask Bank is an online-only institution, providing a seamless digital banking experience with easy transfers and account management. While it doesn’t offer a checking account, its strong interest rates and fee-free structure make it a great option for those focused on growing their savings without unnecessary costs.
Fundamentally Rating:
Capital One 360 Performance Savings™
APY: 4.35%
Bonus: None
Minimum: None
Why we like it:
The Capital One 360 Performance Savings™ account offers a strong APY with no monthly fees or minimum balance requirements, making it a great option for hassle-free savings growth.
Capital One provides a seamless digital banking experience with a highly rated mobile app, allowing for easy transfers and account management. Unlike some online-only banks, Capital One also has physical branch locations and its popular Capital One Cafés, offering in-person support. With a competitive interest rate, no hidden fees, and convenient banking access, this account is a solid choice for both new and experienced savers.