Top Banks With the Highest APYs
In 2025, your money should be working just as hard as you do. Traditional savings accounts are offering minimal returns — but high-yield savings accounts (HYSAs) are changing the game. With annual percentage yields (APYs) exceeding 4.00%, these accounts are an ideal way to grow your cash while keeping it safe and accessible.
This guide explores the best high-yield savings accounts in 2025, including top banks, APYs, fees, and features to help you choose the right one for your goals.
🧠 What Is a High-Yield Savings Account?
A high-yield savings account is a type of federally insured savings account that offers interest rates significantly higher than the national average. While traditional banks may offer 0.01% to 0.10% APY, top HYSAs in 2025 offer 4.00% to 5.25%+ APY.
📌 Key Benefits:
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Higher interest = more growth
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FDIC or NCUA insured (up to $250,000)
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Low or no fees
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Easy online access and transfers
🏆 Best High-Yield Savings Accounts of 2025
Here are the top-performing HYSAs this year based on APY, fees, and ease of use:
1. SoFi High-Yield Savings
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APY: Up to 5.25% with direct deposit
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Monthly Fees: $0
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Minimum Balance: None
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Extras: Early paycheck access, cash bonuses
✅ Why It’s Great: Industry-leading APY, mobile-first experience, strong financial tools.
2. Ally Online Savings Account
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APY: 4.40%
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Monthly Fees: $0
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Minimum Balance: None
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Extras: Buckets & savings tools, no overdraft fees
✅ Why It’s Great: Excellent reputation, smart auto-savings tools, responsive support.
3. Marcus by Goldman Sachs
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APY: 4.50%
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Monthly Fees: $0
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Minimum Balance: None
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Extras: No transaction limits, easy account linking
✅ Why It’s Great: Reliable brand, solid rate, great for setting and forgetting.
4. Discover Online Savings
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APY: 4.35%
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Monthly Fees: $0
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Minimum Balance: None
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Extras: 24/7 U.S.-based support, full-service digital banking
✅ Why It’s Great: Trusted institution with full-featured online banking.
5. American Express® High-Yield Savings
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APY: 4.30%
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Monthly Fees: $0
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Minimum Balance: None
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Extras: Strong security, fast transfers
✅ Why It’s Great: Backed by a legacy financial powerhouse with a streamlined UX.
🔍 What to Look for in a High-Yield Savings Account
| Feature | Why It Matters |
|---|---|
| APY | The higher, the better — look for 4%+ |
| Fees | Avoid accounts with maintenance or hidden fees |
| Access | Choose banks with mobile apps & easy transfers |
| FDIC/NCUA | Ensure your deposits are insured up to $250K |
| Extras | Bonus offers, goal tools, auto-deposit features |
📊 High-Yield Savings vs. Other Options
| Account Type | APY (Avg) | Liquidity | Risk | Best For |
|---|---|---|---|---|
| HYSAs | 4.00–5.25% | High | None | Emergency fund, short-term goals |
| CDs | 4.50–5.00% | Low | None | Long-term savings with fixed returns |
| Money Market Accts | 3.50–4.25% | Medium | None | Saving with limited checks/debit use |
| Checking Accts | 0.01–1.00% | High | None | Day-to-day spending |
💡 Tips to Maximize Your Savings
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Set up auto-deposits to build savings consistently
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Use multiple “buckets” or goals within your HYSA
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Compare often — rates change frequently
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Don’t forget taxes — interest earned is taxable income
✅ Final Thoughts
In 2025, keeping your money in a low-interest account just doesn’t make sense. With inflation rising, a high-yield savings account helps preserve and grow your money with zero risk. Whether you’re saving for a house, vacation, or an emergency fund, the right HYSA can boost your returns without sacrificing access or safety.
Start comparing accounts today — your future self will thank you.