Best High-Yield Savings Account Rates
Compare 15 FDIC-insured savings accounts. All accounts listed have no monthly fees and are available nationwide.
Last updated: March 28, 2026
| Bank | APY | Min. Deposit | Monthly Fee | Notes | |
|---|---|---|---|---|---|
#1Manasquan Bank | 5.00% | $50 | $0 | Infinity Saver | Visit → |
Pibank | 4.60% | $0 | $0 | Pibank Savings | Visit → |
FitnessBank | 4.50% | $100 | $0 | Fitness Savings w/ Elite Checking - MTO Requirement (12,500+) | Visit → |
Axos Bank | 4.21% | $0 | $0 | Axos ONE Savings | Visit → |
Newtek Bank | 4.20% | $0 | $0 | Personal High Yield Savings | Visit → |
TIMBR | 4.15% | $1 | $0 | High Yield Savings | Visit → |
316 Financial | 4.05% | $1 | $0 | Interest Savings | Visit → |
Vio Bank | 4.03% | $100 | $0 | Online Savings Account | Visit → |
Brooklyn Cooperative Federal Credit Union | 4.02% | $0 | $0 | High Yield Savings | Visit → |
My Banking Direct | 4.02% | $500 | $0 | High Yield Savings | Visit → |
Climate First Bank | 4.01% | $0 | $0 | Super-Duper Savings Account Promo | Visit → |
Advantage Direct Savings | 4.00% | $500 | $0 | Online High-Yield Savings Account | Visit → |
Bread Savings | 4.00% | $100 | $0 | High-Yield Savings Account | Visit → |
Valley Direct | 4.00% | $1 | $0 | Online Valley Direct Savings Account Promo - New Money | Visit → |
Blue Foundry Bank | 4.00% | $0 | $0 | Blue Axis Fusion Savings | Visit → |
Frequently Asked Questions
What is a high-yield savings account?
A high-yield savings account (HYSA) is a savings account that pays a significantly higher interest rate than traditional savings accounts. Most HYSAs are offered by online banks, which have lower overhead costs and can pass those savings to customers in the form of higher APYs.
Are high-yield savings accounts safe?
Yes, all HYSAs listed on SafetyYield are FDIC-insured up to $250,000 per depositor, per bank. This means your money is protected by the U.S. government even if the bank fails.
What is the best HYSA rate right now?
The highest HYSA rate we track is currently 5.00% APY. Rates change frequently, so check back weekly for the latest rates.
How often do HYSA rates change?
HYSA rates can change at any time based on the Federal Reserve's interest rate decisions and competitive pressures. Most banks adjust rates monthly or quarterly.