Discover the best high-yield savings accounts in the US for 2025 with high interest rates, low fees, and FDIC insurance. Compare and choose the right account for your needs.
What Is a High-Yield Savings Account?
A high-yield savings account (HYSA) is a type of savings account that offers a much higher annual percentage yield (APY) compared to traditional savings accounts.
While a regular savings account might offer 0.01% APY, a HYSA can give 4% APY or more, allowing your money to grow faster without additional risk.
The main features include:
- Higher interest rates
- FDIC insurance for protection
- Easy online access to funds
Benefits of High-Yield Savings Accounts
Why choose a HYSA over a regular savings account?
- Higher Interest Earnings
- Your money works harder with APYs often 10–20 times higher than traditional accounts.
- Safety & Security
- Most HYSAs are FDIC insured up to $250,000 per depositor, per bank.
- Liquidity
- You can access your funds anytime without penalties (unlike CDs).
- Low or No Fees
- Many online banks offer fee-free savings with no minimum balance.
Top High-Yield Savings Accounts in 2025
Here’s our list of the best HYSA options in the US this year:
1. Ally Bank Online Savings Account
- APY: 4.25%
- Minimum Balance: $0
- Pros: No monthly fees, user-friendly mobile app
- Cons: No physical branches
2. Marcus by Goldman Sachs
- APY: 4.30%
- Minimum Balance: $0
- Pros: Competitive rate, no fees
- Cons: No checking account option
3. Discover Online Savings
- APY: 4.20%
- Minimum Balance: $0
- Pros: 24/7 customer support, no monthly fees
- Cons: Limited banking products
4. Capital One 360 Performance Savings
- APY: 4.10%
- Minimum Balance: $0
- Pros: Easy account linking, strong mobile banking
- Cons: APY not the highest available
5. American Express High-Yield Savings
- APY: 4.15%
- Minimum Balance: $0
- Pros: Strong reputation, no fees
- Cons: No checking option
Comparison Table – Best HYSA 2025
| Bank | APY | Minimum Balance | Monthly Fees | Best For |
|---|---|---|---|---|
| Ally Bank | 4.25% | $0 | None | Overall best |
| Marcus | 4.30% | $0 | None | Highest APY |
| Discover | 4.20% | $0 | None | Customer support |
| Capital One 360 | 4.10% | $0 | None | Easy transfers |
| American Express | 4.15% | $0 | None | Brand trust |
How to Choose the Right Account
When picking a high-yield savings account, consider:
- APY rates – higher is better, but check if it’s an introductory offer
- Fees – avoid accounts with monthly maintenance fees
- Minimum balance – choose accounts that let you start with $0
- Bank reputation – check FDIC insurance and customer reviews
Tips to Maximize Your Savings
- Automate Your Savings – Set up recurring transfers from your checking account
- Avoid Withdrawals – Keep funds growing by limiting withdrawals
- Monitor Rates – APYs change over time, so be ready to switch if needed
Final Thoughts
High-yield savings accounts are a smart, safe way to grow your money without the risk of investing in the stock market.
With rates over 4% in 2025, you can take advantage of compounding interest and keep your savings protected.
Pro Tip: Always compare at least 3 banks before opening an account to get the best APY and terms.