The Best High Yield Savings Account Offers

Get the most bang for your buck on cash.

Updated as of December 1, 2025.

Current Market Perspective

In late October, the Federal Reserve (the Fed) announced a 0.25% interest rate cut for the second straight month and implied that more rate cuts are likely in the future.

Some banks will be more aggressive with their rates than others. Even with no changes made by the Fed in November, three providers have lowered their rates while the others stayed the same.

Read: Sitting in a high-yield savings account or CD won't cut it long-term.

The rates shown below are subject to change as the Fed changes its interest rate policy.

Traditional savings accounts just don't pay

You need cash savings for when "life" happens, but the big traditional banks like Chase, Wells Fargo, Bank of America, and others just don't pay.

If you really want to put your cash to work, consider using a high-yield savings account to earn a higher interest rate. These accounts provide an easy way to put your money to work while saving for short-term goals.

Building emergency savings? Put it here.

Saving for a down payment on a home? Park it here - don't invest it!

Why are high-yield savings accounts' interest rates so much higher than traditional savings accounts?

Online platforms have much lower operating expenses because they don't have to build and staff a physical national banking network. In exchange for those savings, they offer significantly higher interest rates to their customers.

How do we determine who makes our list?

In our search, we prioritized accessibility and security. Each provider offers an online platform that is available nationwide and is FDIC-insured.

Next, every provider must offer a great interest rate while charging no monthly fees or transaction fees (up to 6 withdrawals/transfers per statement cycle for most providers).

Last, but not least, we want ease of use. Each provider offers a mobile app, and a few of the providers allow for ATM access when you need to access your money quickly.

This list is not meant to be all-inclusive, and you may be able to find a comparable APY elsewhere. The providers are listed at random and not in order of preference or recommendation.

FMI Financial ("FMI") is a completely independent Registered Investment Advisor ("RIA"), and FMI is not paid by, sponsored or endorsed by, or affiliated with any of the following providers.

Not available to the public. Offered to FMI clients.

APY: 3.75% (No change since November)

Min. Balance for APY: $0

Monthly Fees: $0

Transaction Fees: $0 (no excessive transaction fees)

Bonus: FDIC coverage up to $2 million

Mobile App: Apple & Android

ATM Access: No

Trust accounts: Yes

***FMI does not charge any fees on savings accounts and does not get paid for clients to use this savings account.**

APY: 3.65% (No change from November)

Min. Balance for APY: $0

Monthly Fees: $0

Transaction Fees: $0 (no excessive transaction fees)

Bonus: No current promotions

Mobile App: Apple & Android

ATM Access: No

Trust accounts: No

APY: 3.40% (No change from November)

Min. Balance for APY: $0

Monthly Fees:

Transaction Fees: $0*

Bonus: No current promotions

Mobile App: Apple & Android

ATM Access: Yes**

Trust accounts: Yes, through conversion

APY: 3.40% (No change from November)

Min. Balance for APY: $0

Monthly Fees: $0

Transaction Fees: $0*

Bonus: No current promotions

Mobile App: Apple & Android

ATM Access: No

Trust accounts: No

APY: 3.40% (-0.10% from November)

Min. Balance for APY: $0

Monthly Fees: $0

Transaction Fees: $0*

Bonus: No current promotions

Mobile App: Apple & Android

ATM Access: No

Trust accounts: No

APY: 3.65% (-0.15% from November)

Min. Balance for APY: $0

Monthly Fees: $0

Transaction Fees: $0*

Bonus: No current promotions

Mobile App: Apple & Android

ATM Access: Yes

Trust accounts: Yes, through conversion

APY: 3.30% (No change from November)

Min. Balance for APY: $0

Monthly Fees: $0

Transaction Fees: $0*

Bonus: No current promotions

Mobile App: Apple & Android ATM Access: Yes**

Trust accounts: Yes, through conversion

APY: 3.75% (-0.10% from November)

Min. Balance for APY: $5,000

Monthly Fees: $0

Transaction Fees: $0*

Bonus: No current promotions

Mobile App: Apple & Android***

ATM Access: Yes**

Trust accounts: Yes, standard option

*Up to 6 withdrawals/transfers per statement cycle.

**With an online checking account. ATM fees may apply.

All trademarks are the property of their respective owner.

***Can deposit checks digitally to your account.

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