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Best High-Yield Savings Accounts in the U.S. (2025)

Best High-Yield Savings Accounts in the U.S. (2025)

In 2025, high-yield savings accounts (HYSAs) remain one of the safest and smartest ways to grow your money without taking on significant risk. These accounts offer interest rates well above the national average, making them ideal for emergency funds, short-term goals, or simply earning more from your savings.

If you’re looking to maximize your interest earnings while keeping your money accessible, here’s an in-depth guide to the best HYSAs available in the United States this year.

Table of Contents

  1. Ally Bank High-Yield Savings Account
  2. Marcus by Goldman Sachs Online Savings
  3. Discover Online Savings Account
  4. American Express® High-Yield Savings Account
  5. Capital One 360 Performance Savings
  6. SoFi Checking and Savings
  7. How to Choose the Best HYSA for You

Ally Bank High-Yield Savings Account

APY: 4.25%
Minimum Balance: None
Pros:

  • No monthly maintenance fees

  • User-friendly mobile app

  • Competitive rate with no balance tiers

Cons:

  • No physical branches

  • Transfers may take 1–3 business days

Best For: People who want a reliable, all-digital banking experience with strong customer service.

Marcus by Goldman Sachs Online Savings

APY: 4.30%
Minimum Balance: None
Pros:

Cons:

  • No checking account option

  • Limited same-day transfers

Best For: Savers who value simplicity and a solid rate without frills.

Discover Online Savings Account

APY: 4.20%
Minimum Balance: None
Pros:

  • No monthly fees or minimums

  • 24/7 U.S.-based customer service

  • Trusted national brand

Cons:

  • No ATM card for withdrawals

  • Limited cash deposit options

Best For: Those who want a top-rate account with a well-known bank.

American Express® High-Yield Savings Account

APY: 4.15%
Minimum Balance: None
Pros:

  • Excellent customer service reputation

  • No fees or minimum deposit requirement

  • Great mobile banking features

Cons:

  • No checking option

  • Limited external transfers per month

Best For: Existing Amex cardholders who want easy integration with their accounts.

Capital One 360 Performance Savings

APY: 4.10%
Minimum Balance: None
Pros:

  • Nationwide branch network + online banking

  • No fees or minimum balance

  • Easy transfers to linked accounts

Cons:

  • APY is slightly lower than some competitors

  • Rates can change frequently

Best For: Those who want both online convenience and branch access.

SoFi Checking and Savings

APY: Up to 4.60% (with direct deposit)
Minimum Balance: None
Pros:

  • Hybrid checking and savings with high APY

  • No account fees

  • Cash-back debit card rewards

Cons:

  • Highest rate only with direct deposit

  • No standalone savings-only option

Best For: Savers who also want a high-yield checking account.

How to Choose the Best HYSA for You

  • Compare APYs: Even small differences can mean hundreds of extra dollars over time.

  • Check fees and requirements: Look for accounts with no monthly fees and no high minimum balance requirements.

  • Consider accessibility: Some accounts have slower transfer times or no ATM access.

  • Factor in brand trust: Stick to FDIC-insured banks or NCUA-insured credit unions.

High-yield savings accounts remain a great way to earn more on your cash in 2025. Whether you value the highest APY, brand trust, or the ability to bank both online and in person, there’s an option here for every saver.

Pro Tip: Rates change often, so review your account every 6–12 months to make sure you’re still getting the best deal.

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