Earn up to 5% APY in a High-Yield Savings Account Today, April 22, 2025

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Don’t let your cash sit idle. The best high-yield savings accounts offer rates up to 5.00% APY today, beating the national average by a long shot. They’re an easy way to grow your funds and keep them safe.Alert: highest cash back card we’ve seen now has 0% intro APR into 2026
This credit card is not just good – it’s so exceptional that our experts use it personally. It features a 0% intro APR for 15 months, a cash back rate of up to 5%, and all somehow for no annual fee!
Click here to read our full review for free and apply in just 2 minutes. We research the options daily to bring you the best rates. Whether you’re saving for a rainy day or planning ahead, a high-yield savings account can help pad your wallet.Dive into today’s top rates and make your money work harder for you.Bank AccountAPYMinimum Account BalanceVaro Savingsup to 5.00%Max APY on up to $5,000, 2.50% APY afterAxos ONE®up to 4.66%$1,500Pibank Savings4.60%$0Peak Bank Envision High Yield Savingsup to 4.54%$100 to open, 2.02% APY on balances of $10,000,000 and abovePresidential Bank Advantage Savingsup to 4.50%$5,000 to open. Must maintain an Advantage Checking Account to be eligible for top APY.Data source: Issuing banks. Rates are accurate as of April 21, 2025.Why we picked these high-yield savings accountsAttractive returns. Enjoy some of the top APYs available to boost your savings quickly.Easy start. Some accounts require little or no deposit to open and begin earning interest.Digital convenience. Open and manage these accounts fully online from your phone or computer.Nationwide access. No need to join a credit union or meet membership requirements.If you’re not earning more than 4.00% APY on your savings, it might be time to switch. Rates have been mostly flat since the end of 2024, but several online banks are leading the pack without requiring huge balances. We like LendingClub LevelUp Savings account because it pays a competitive APY in exchange for a fairly low amount in monthly deposits. Pro tip: Be careful with teaser rates that drop after a few months. Always check the fine print. Read our full LendingClub LevelUp Savings review to learn more.Want to grow your money without locking it up?High-yield savings accounts combine flexibility with competitive interest. If you value easy access to your funds and no long-term commitment, an HYSA may be the perfect fit.Explore more options:Best High-Yield Savings Accounts — See our top picks todayBanks With Savings Buckets — Track your savings goals separatelyShould you open a high-yield savings account?Is your money just sitting in a low-interest account? It’s a great time to do yourself a favor and start earning more. High-yield savings accounts have great rates right now as the Federal Reserve maintains the federal funds rate steady.These accounts offer easy access, low fees, and are insured by the FDIC. Grow your cash without losing flexibility. They’re great for emergency funds, repairs, or even your dream vacation. Click here to compare the best high-yield savings accounts and open one today.How to open an HYSAGetting started with a high-yield savings account is easy and usually takes just a few minutes. Follow these simple steps:Compare accounts. Look for the best APY, but also consider fees, ease of access, and minimum balance rules.Apply online. Most accounts can be opened from your phone or computer — no paperwork required.Fund your account. Link an existing checking or savings account and transfer your money.Set up recurring deposits (optional). Some accounts offer higher APYs when you make regular monthly contributions.Track your balance and earnings. Interest usually compounds daily and is paid monthly, helping your savings grow faster over time.Fed up with monthly deposit requirements?Some high-yield savings accounts offer competitive rates with no strings attached — no recurring deposit requirements, no minimum balance to earn the top APY, and no monthly fees. If you’re looking for a hassle-free option, learn more about the Discover® Online Savings account, which offers a competitive APY with no minimum deposit.Alert: highest cash back card we’ve seen now has 0% intro APR into 2026
This credit card is not just good – it’s so exceptional that our experts use it personally. It features a 0% intro APR for 15 months, a cash back rate of up to 5%, and all somehow for no annual fee!
Click here to read our full review for free and apply in just 2 minutes. We’re firm believers in the Golden Rule, which is why editorial opinions are ours alone and have not been previously reviewed, approved, or endorsed by included advertisers.
Motley Fool Money does not cover all offers on the market. Editorial content from Motley Fool Money is separate from The Motley Fool editorial content and is created by a different analyst team.American Express is an advertising partner of Motley Fool Money. Ally is an advertising partner of Motley Fool Money. SLM is an advertising partner of Motley Fool Money. HSBC Holdings is an advertising partner of Motley Fool Money. Wells Fargo is an advertising partner of Motley Fool Money. Discover Financial Services is an advertising partner of Motley Fool Money. Synchrony Financial is an advertising partner of Motley Fool Money. JPMorgan Chase is an advertising partner of Motley Fool Money. Bank of America is an advertising partner of Motley Fool Money. Charles Schwab is an advertising partner of Motley Fool Money. Citigroup is an advertising partner of Motley Fool Money. The Motley Fool has positions in and recommends Axos Financial, Bank of America, Goldman Sachs Group, JPMorgan Chase, PNC Financial Services, and U.S. Bancorp. The Motley Fool recommends Barclays Plc, Charles Schwab, Discover Financial Services, and HSBC Holdings and recommends the following options: short June 2025 $85 calls on Charles Schwab. The Motley Fool has a disclosure policy.”}]] [[{“value”:”

Don’t let your cash sit idle. The best high-yield savings accounts offer rates up to 5.00% APY today, beating the national average by a long shot. They’re an easy way to grow your funds and keep them safe.

Alert: highest cash back card we’ve seen now has 0% intro APR into 2026

This credit card is not just good – it’s so exceptional that our experts use it personally. It features a 0% intro APR for 15 months, a cash back rate of up to 5%, and all somehow for no annual fee!

Click here to read our full review for free and apply in just 2 minutes.

We research the options daily to bring you the best rates. Whether you’re saving for a rainy day or planning ahead, a high-yield savings account can help pad your wallet.

Dive into today’s top rates and make your money work harder for you.

Why we picked these high-yield savings accounts

• Attractive returns. Enjoy some of the top APYs available to boost your savings quickly.
• Easy start. Some accounts require little or no deposit to open and begin earning interest.
• Digital convenience. Open and manage these accounts fully online from your phone or computer.
• Nationwide access. No need to join a credit union or meet membership requirements.

Want to grow your money without locking it up?

High-yield savings accounts combine flexibility with competitive interest. If you value easy access to your funds and no long-term commitment, an HYSA may be the perfect fit.

Explore more options:

• Best High-Yield Savings Accounts — See our top picks today
• Banks With Savings Buckets — Track your savings goals separately

Should you open a high-yield savings account?

Is your money just sitting in a low-interest account? It’s a great time to do yourself a favor and start earning more. High-yield savings accounts have great rates right now as the Federal Reserve maintains the federal funds rate steady.

These accounts offer easy access, low fees, and are insured by the FDIC. Grow your cash without losing flexibility. They’re great for emergency funds, repairs, or even your dream vacation. Click here to compare the best high-yield savings accounts and open one today.

How to open an HYSA

Getting started with a high-yield savings account is easy and usually takes just a few minutes. Follow these simple steps:

1. Compare accounts. Look for the best APY, but also consider fees, ease of access, and minimum balance rules.
2. Apply online. Most accounts can be opened from your phone or computer — no paperwork required.
3. Fund your account. Link an existing checking or savings account and transfer your money.
4. Set up recurring deposits (optional). Some accounts offer higher APYs when you make regular monthly contributions.
5. Track your balance and earnings. Interest usually compounds daily and is paid monthly, helping your savings grow faster over time.

Fed up with monthly deposit requirements?

Alert: highest cash back card we’ve seen now has 0% intro APR into 2026

This credit card is not just good – it’s so exceptional that our experts use it personally. It features a 0% intro APR for 15 months, a cash back rate of up to 5%, and all somehow for no annual fee!

Click here to read our full review for free and apply in just 2 minutes.

We’re firm believers in the Golden Rule, which is why editorial opinions are ours alone and have not been previously reviewed, approved, or endorsed by included advertisers.
Motley Fool Money does not cover all offers on the market. Editorial content from Motley Fool Money is separate from The Motley Fool editorial content and is created by a different analyst team.American Express is an advertising partner of Motley Fool Money. Ally is an advertising partner of Motley Fool Money. SLM is an advertising partner of Motley Fool Money. HSBC Holdings is an advertising partner of Motley Fool Money. Wells Fargo is an advertising partner of Motley Fool Money. Discover Financial Services is an advertising partner of Motley Fool Money. Synchrony Financial is an advertising partner of Motley Fool Money. JPMorgan Chase is an advertising partner of Motley Fool Money. Bank of America is an advertising partner of Motley Fool Money. Charles Schwab is an advertising partner of Motley Fool Money. Citigroup is an advertising partner of Motley Fool Money. The Motley Fool has positions in and recommends Axos Financial, Bank of America, Goldman Sachs Group, JPMorgan Chase, PNC Financial Services, and U.S. Bancorp. The Motley Fool recommends Barclays Plc, Charles Schwab, Discover Financial Services, and HSBC Holdings and recommends the following options: short June 2025 $85 calls on Charles Schwab. The Motley Fool has a disclosure policy.

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