As of November 2024, several banks in the U.S. are offering competitive interest rates for high-yield savings accounts. Here’s a comparison of some of the top options, focusing on both rates and requirements.
| Bank | APY | Minimum Balance | Monthly Fees | Key Features | Link |
|---|---|---|---|---|---|
| Bask Bank | 4.85% | $0 | No | No minimum balance, offers a simple, high-rate savings experience. | Bask Bank |
| CIT Bank Platinum | 4.70% | $5,000 | No | Requires $5,000 to earn top rate; suitable for higher balances. | CIT Bank |
| EverBank Performance | 4.75% | $0 | No | Includes a checking account option, making it versatile for full-service online banking. | EverBank |
| Barclays | 4.50% | $0 | No | Competitive rate with goal-setting tools, but no checking option available. | Barclays |
| UFB Direct Portfolio | 4.31% | $0 | No | Attractive APY without a minimum requirement; simple savings solution. | UFB Direct |
| SoFi Checking & Savings | 4.20% | $0 (w/ Direct Deposit) | No | Earns 4.20% APY with regular direct deposits or $5,000 monthly deposits. | SoFi |
| Discover Online Savings | 4.15% | $0 | No | User-friendly app and solid rate for balances of any size. | Discover |
| LendingClub | 4.15% | $2,500 | No | Includes ATM fee reimbursements, making it appealing for checking account needs too. | LendingClub |
| Synchrony | 4.10% | $0 | No | Good online access with ATM card; high APY without monthly fees. | Synchrony |
| Ally Bank | 4.00% | $0 | No | Offers various savings tools and an intuitive app, along with no fees and a solid rate. | Ally |
These options reflect recent rates, but banks may adjust them depending on market conditions or specific promotional periods. Most of these accounts allow easy application online and generally cater to different financial goals, whether you’re looking for flexibility with low minimums or options for larger deposits.
For additional details or to apply, you can visit the specific bank websites listed in the table above. Make sure to confirm terms and any associated conditions directly with the banks, as offerings may vary.
