Earn up to 10x more than the national average with high-yield savings accounts
High-yield savings accounts offer rates currently reaching over 4% APY—more than 9 times the national average. We surveyed top rates from FDIC-insured banks including Bread Financial, CIT Bank, Barclays, Discover Bank, and SoFi.
*APY (Annual Percentage Yield) accurate as of date displayed and subject to change. Terms and conditions apply. All accounts are FDIC insured up to applicable limits.
I had all of my saving with Chase because the branch was down the road. Once I realized a high-yield savings account would make be a few hundred dollars in interest per year and was FDIC insured, it was an easy choice to switch for the better rate.
My savings account didn't have much in it, but 0.01% interest with Bank of America seemed very low. With a little research, I found better rates at a ton of banks. The difference isn't making me rich, but I feel better having a real interest rate on my savings.
