Best High-Yield Savings Accounts in the USA: Top Banks 2025
Best High-Yield Savings Accounts in the USA: Top Banks 2025
If you want to grow your emergency fund faster, a High-Yield Savings Account (HYSA) is one of the safest and highest-return places for your money. The best high-yield savings accounts in 2025 offer FDIC-insured protection and APYs (Annual Percentage Yields) that are 10–20× higher than traditional savings accounts.
*Interest rates listed here are updated through 2025 and may change anytime.
Why Choose a High-Yield Savings Account?
- Higher APY = more interest earned monthly
- FDIC/NCUA insurance up to $250,000
- Low risk compared to stocks or crypto
- Easy access for emergency funds or short-term goals
- No market volatility or loss of principal
Top 10 Best High-Yield Savings Accounts in the USA (2025)
Here’s a comparison table of top banks with competitive APYs:
| Bank | APY (Approx.) | Monthly Fees | Min. Balance | FDIC? |
|---|---|---|---|---|
| American Express® High-Yield Savings | 4.35%+ | $0 | $0 | Yes |
| Discover® Online Savings | 4.30%+ | $0 | $0 | Yes |
| Synchrony High-Yield Savings | 4.40%+ | $0 | $0 | Yes |
| Ally® Online Savings | 4.25%+ | $0 | $0 | Yes |
| SoFi® Checking & Savings | Up to 4.60% (with direct deposit) | $0 | $0 | Yes |
| Capital One® 360 Performance Savings | ~4.25% | $0 | $0 | Yes |
| Marcus by Goldman Sachs | 4.40%+ | $0 | $0 | Yes |
| Barclays® Online Savings | 4.35%+ | $0 | $0 | Yes |
| UFB Direct Secure Savings | Up to 5.25% | $0 | $0 | Yes |
| Axos® High-Yield Savings | Up to 4.00%+ | $0 | $250 | Yes |
Rates may vary by credit score, deposit amount & promotions.
Detailed Reviews of Best US High-Yield Savings Banks
1️⃣ American Express® High-Yield Savings
APY: ~4.35%+
Best for: Simple, reliable, no-fee online savings
- No monthly fees
- $0 minimum deposit
- Trusted brand + excellent customer service
- No ATM card
- Mobile check deposits have limits
2️⃣ Discover® Online Savings
APY: ~4.30%+
Best for: Fees transparency & easy mobile banking
3️⃣ Synchrony High-Yield Savings
APY: ~4.40%+
Best for: ATM withdrawal access
4️⃣ Ally® Online Savings
APY: ~4.25%+
Best for: Extra savings tools & buckets
5️⃣ SoFi® Checking & Savings
APY: Up to 4.60% w/ direct deposit
Best for: Bonus & reward benefits
How to Choose the Best HYSA For You
Consider these important factors:
- APY & rate consistency
- FDIC insurance or NCUA if credit union
- Fees (avoid monthly maintenance costs)
- Transfer times between bank accounts
- ATM access if needed
HYSA vs Money Market Accounts vs Certificates of Deposit
| Feature | HYSA | MMA | CD |
|---|---|---|---|
| Best Use | Emergency funds | Medium-term savings | Guaranteed returns |
| Interest Rate | High (variable) | Moderate–High | High (fixed) |
| Liquidity | Very easy | Easy | Locked for term |
Are High-Yield Savings Accounts Safe?
Yes — as long as the bank or credit union is insured:
- FDIC — banks
- NCUA — credit unions
Coverage protects up to $250,000 per depositor, per insured institution.
Frequently Asked Questions
1️⃣ What is the average HYSA interest in 2025?
Average APY ranges between 4.00%–5.25% depending on market conditions.
2️⃣ Will APY rates fall in 2025?
Rates may adjust if the Federal Reserve changes policy, but many banks remain competitive.
3️⃣ Do these accounts have checkbooks?
Most HYSAs do not include check-writing features — they focus on savings growth.
Best for Different Types of Savers
- Beginners: Ally, Discover
- Highest Rate Shoppers: UFB Direct, Marcus
- People wanting rewards: SoFi
- Large banks convenience: Capital One
- ATM access: Synchrony
Conclusion
Choosing the best high-yield savings account in 2025 comes down to your goals:
- If you want **highest APY** → UFB Direct / Marcus
- If you want **best mobile app** → Ally / SoFi
- If you want **trusted traditional brands** → Capital One / Discover
Start small, grow consistently, and let compound interest work for you. Your future self will thank you!
Compare Top Savings Accounts Now →
