The Best High Yield Savings Accounts April 2025

This month, banks are offering historically high APYs on personal savings accounts, some over 4%! It's the perfect time to capitalize on these favorable interest rates.

When opening a high-yield savings account, comparing options is crucial. Small variations in rates and fees can have a significant impact on your savings, particularly with substantial balances.

Explore our top recommended high-yield savings accounts below and start harnessing compound interest today!

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Product Descriptions

Checking Accounts

Savings Accounts

Certificates of Deposit

Retirement Accounts

Real Estate Investment

Investment Accounts

Annuity

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Please select one or more products to compare

3 Results

Product Descriptions

Synchrony Bank : Savings

Member FDIC

Disclosure

VIEW DETAILS

on Synchrony Bank's website

Annual Percentage Yield

4.00% as of 4/7/2025

Monthly Fee

$0.00

Min Deposit to Earn APY

$0.00

Member FDIC

Disclosure

VIEW DETAILS

on Synchrony Bank's website

Additional Features

Savings products with competitive rates, no required minimum balances, and no monthly fees.
Save easy with Synchrony Bank. Our app makes it a snap to bank anywhere; manage accounts from your smartphone or tablet.
Get more for your money. Visit Synchrony Bank online today to open a High Yield Savings account.

Additional Features

Savings products with competitive rates, no required minimum balances, and no monthly fees.
Save easy with Synchrony Bank. Our app makes it a snap to bank anywhere; manage accounts from your smartphone or tablet.
Get more for your money. Visit Synchrony Bank online today to open a High Yield Savings account.

Barclays : Tiered Savings Account

Member FDIC

VIEW DETAILS

on Barclays's website

Annual Percentage Yield

4.15% as of 4/7/2025

Monthly Fee

$0.00

Min Deposit to Earn APY

$0.00

Member FDIC

VIEW DETAILS

on Barclays's website

Additional Features

CIT : Savings Account

Member FDIC

Disclosure

VIEW DETAILS

on CIT's website

Annual Percentage Yield

4.10% as of 4/7/2025

Monthly Fee

$0.00

Min to Earn APY

$5000.00

Member FDIC

Disclosure

VIEW DETAILS

on CIT's website

Additional Features

Use promo code PS2025 to earn up to a $300 bonus!
Open a Platinum Savings account today. Secure, convenient and no monthly service fees. Member FDIC.
Grow your savings faster than traditional banks with the Platinum Savings account. Start with as little as $100 for Tier 1. Get 10x the national average with a balance of $5,000 or more at Tier 2.
Digital convenience at your fingertips. CIT Bank’s mobile app makes it easy to manage your account.

Additional Features

Use promo code PS2025 to earn up to a $300 bonus!
Open a Platinum Savings account today. Secure, convenient and no monthly service fees. Member FDIC.
Grow your savings faster than traditional banks with the Platinum Savings account. Start with as little as $100 for Tier 1. Get 10x the national average with a balance of $5,000 or more at Tier 2.
Digital convenience at your fingertips. CIT Bank’s mobile app makes it easy to manage your account.

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Here are the key features to consider and compare:

Interest Rate: The interest rate is the most crucial aspect of any savings account. However, a high interest rate might not be worth it if the account comes with hefty monthly fees. In addition to looking for high-interest rates, it's essential to focus on low or no monthly fee accounts. Other important factors include the initial deposit requirement, minimum balance requirement, and ease of access to your funds.

Monthly Fees: Monthly fees can eat away at your returns, so it's best to avoid them altogether. Look for accounts that don't charge monthly fees to maximize your savings.

Required Initial Deposit: Some banks require a large initial deposit to open a savings account. If you're not comfortable depositing that much money right away, look for accounts with low or no initial deposit requirements. Some banks offer higher yields for larger initial deposits, but you'll need to decide if the higher yield is worth tying up your money.

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Compare Personal Finance Options for 2021

Select all products of interest and compare:

Product Descriptions

Checking Accounts

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Annuity

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5 Results

Product Descriptions

SoFi^® : Checking and Savings Account

Member FDIC

Disclosure

New and existing Checking and Savings members who have not previously enrolled in Direct Deposit with SoFi are eligible to earn a cash bonus of either $50 (with at least $1,000 total Direct Deposits received during the Direct Deposit Bonus Period) OR $300 (with at least $5,000 total Direct Deposits received during the Direct Deposit Bonus Period). Cash bonus will be based on the total amount of Direct Deposit. Direct Deposit Promotion begins on 12/7/2023 and will be available through 1/31/26. See full bonus and annual percentage yield (APY) terms at sofi.com/banking#1.

SoFi members with Direct Deposit or $5,000 or more in Qualifying Deposits during the 30-Day Evaluation Period can earn 3.80% annual percentage yield (APY) on savings balances (including Vaults) and 0.50% APY on checking balances. There is no minimum Direct Deposit amount required to qualify for the stated interest rate. Members without either Direct Deposit or Qualifying Deposits, during the 30-Day Evaluation Period will earn 1.00% APY on savings balances (including Vaults) and 0.50% APY on checking balances. Only SoFi members with direct deposit are eligible for other SoFi Plus benefits. Interest rates are variable and subject to change at any time. These rates are current as of 1/24/25. There is no minimum balance requirement. Additional information can be found at http://www.sofi.com/legal/banking-rate-sheet.

We do not charge any account, service or maintenance fees for SoFi Checking and Savings. We do charge a transaction fee to process each outgoing wire transfer. SoFi does not charge a fee for incoming wire transfers, however the sending bank may charge a fee. Our fee policy is subject to change at any time. See the SoFi Checking & Savings Fee Sheet for details at ;http://www.sofi.com/legal/banking-fees/.

SoFi Bank is a member FDIC and does not provide more than $250,000 of FDIC insurance per depositor per legal category of account ownership, as described in the FDIC’s regulations. Any additional FDIC insurance is provided by the SoFi Insured Deposit Program. Deposits may be insured up to $3M through participation in the program. See full terms at SoFi.com/banking/fdic/sidpterms. See list of participating banks at SoFi.com/banking/fdic/participatingbanks.

We’ve partnered with Allpoint to provide you with ATM access at any of the 55,000+ ATMs within the Allpoint network. You will not be charged a fee when using an in-network ATM, however,third-party fees incurred when using out-of-network ATMs are not subject to reimbursement. SoFi’s ATM policies are subject to change at our discretion at any time.

Early access to direct deposit funds is based on the timing in which we receive notice of impending payment from the Federal Reserve, which is typically up to two days before the scheduledpayment date, but may vary.

Overdraft Coverage is limited to $50 on debit card purchases only and is an account benefit available to customers with direct deposits of $1,000 or more during the current 30-day EvaluationPeriod as determined by SoFi Bank, N.A. The 30-Day Evaluation Period refers to the “Start Date” and “End Date” set forth on the APY Details page of your account, which comprises a period of30 calendar days (the “30-Day Evaluation Period”). You can access the APY Details page at any time by logging into your SoFi account on the SoFi mobile app or SoFi website and selectingeither (i) Banking > Savings > Current APY or (ii) Banking > Checking > Current APY. Members with a prior history of non-repayment of negative balances are ineligible for Overdraft Coverage.

VIEW DETAILS

on SoFi^®'s website

Annual Percentage Yield

0.50% as of 4/7/2025

Monthly Fees

$0.00

Min Deposit to Earn APY

$0.00

Member FDIC

Disclosure

VIEW DETAILS

on SoFi^®'s website

Additional Features

Sign up and get up to $300 with qualifying direct deposit.
55,000+ fee-free ATMs within the Allpoint® Network.
Get paid up to two days early with direct deposit.
Earn 0.50% APY.

Additional Features

KeyBank : Key Smart Checking®

FDIC Insured

VIEW DETAILS

on KeyBank's website

Bonus

$300

Monthly Fees

Min Opening Deposit

$10

FDIC Insured

VIEW DETAILS

on KeyBank's website

Additional Features

Earn $300 after qualified activities until 5.16.25 with the no-monthly-maintenance-fee Key Smart Checking®
Visit them at any of their convenient branches and 40,000 KeyBank ATMs and Allpoint® ATMs nationwide. $0 KeyBank and Allpoint ATM access nationwide with your KeyBank Debit Mastercard®
Link your checking account to an eligible credit or savings account to automatically cover overdrafts without a transfer fee
Use EasyUp® to build up savings or pay down debt without even thinking about it

Additional Features

Earn $300 after qualified activities until 5.16.25 with the no-monthly-maintenance-fee Key Smart Checking®
Visit them at any of their convenient branches and 40,000 KeyBank ATMs and Allpoint® ATMs nationwide. $0 KeyBank and Allpoint ATM access nationwide with your KeyBank Debit Mastercard®
Link your checking account to an eligible credit or savings account to automatically cover overdrafts without a transfer fee
Use EasyUp® to build up savings or pay down debt without even thinking about it

BCU : PowerPlus™ Checking

NCUA Insured

Disclosure

1. Membership must be opened between 7/1/2024 and 12/31/2025 to receive this promotional offer.The 3-month introductory period begins the month the membership is opened and ends on the lastcalendar day of the 4th month. During the 3-month introductory period Level 1 will earn 4.00% APY andLevel 2 will earn 8.00% APY. After the 3-month introductory period, balances up to $15,000 will earn thestated higher rate and the portion of the balance over $15,000 will earn the stated lower rate. See ratesheet or website for current rates. The member account must meet all requirements to achieve eitherLevel 1 or Level 2 for all three months to be eligible to receive the respective higher APY.To earn monthly dividends and reimbursements of other banks’ ATM surcharge fees up to $20.00 permonth, your account must meet all three of these requirements to qualify for Level 1 or Level 2. Pleasenote, Level 1 ATM surcharge fees are covered up to $10.00 per month and Level 2 ATM surcharge feesare covered up to $20.00 per month.To achieve Level 1, you must have monthly direct deposits totaling at least $1,000 into your PowerPlusChecking account on an ongoing monthly basis, enrollment in eStatements and completion of at leastfifteen (15) qualified transactions.To achieve Level 2, you must have direct deposits totaling at least $3,000 into your PowerPlus Checkingaccount on an ongoing monthly bases, enrollment in eStatements and completion of at least thirty (30)qualified transactions.Qualified transactions include any combination of the following: BCU Debit Card PIN, Debit CardSignature, credit card purchases, Online Bill Pay or ACH payments, which will apply toward the monthlyrequirements in the month they post to your account. Credit card transactions that post on the last dayof the month will be applied toward the following month’s transaction total. Accounts not meeting allmonthly requirements will not earn dividends and will not receive reimbursements of other banks’ ATMsurcharge fees and will not be eligible for the increased APY offer during the introductory period.© 2024 Fintel Connect Technologies Inc. Page 6 | 6Rate accurate as of 1/1/2025. The dividend rate and annual percentage yield (APY) may change at anytime. Balances up to $15,000 will earn the stated higher rate and the portion of the balance over$15,000 will earn the stated lower rate. See rate sheet or website for current rates. There is nominimum balance required to earn dividends. Dividends are paid monthly and calculated based on theaverage daily balance method. Fees may reduce earnings.PowerPlus Checking is available as a personal account only and is limited to one account per member.When Opted In, if you do not have sufficient available funds in your checking account to clear apresented item, funds may automatically transfer from your savings or money market share and maycount towards withdrawal limitations for that savings or money market share (Electronic funds transfersfrom savings and money market shares, which include overdraft transfers are limited to six per month).Each electronic funds transfer in excess of six per month is subject to a $3 excessive withdrawal fee. SeeService Charge and Fee Schedule in Consumer Member Service Agreement for further details.PowerPlus™ Checking is a trademark of BCU.

2. Direct deposit allows you to receive payroll and other electronic deposits up to two days ahead ofyour scheduled payday. It’s important to note, funds are not AVAILABLE for you to spend until they arereflected in the AVAILABLE BALANCE. Please be sure to confirm available funds in your account beforewithdrawing against this deposit. While BCU will try wherever possible to advance payroll directdeposits by up to 2 days, availability of funds ahead of the original scheduled pay date is notguaranteed. You should not rely on direct deposit to satisfy the needs of scheduled bill or loanpayments, or any other date-sensitive financial obligations.

VIEW DETAILS

on BCU's website

Bonus

Monthly Fees

Minimum Balance

NCUA Insured

Disclosure

VIEW DETAILS

on BCU's website

Additional Features

Earn up to 8.00% APY for the first three months on balances up to $15,000, then up to 4.00% APY after that¹
Free Checking account, no monthly fees or minimum balance requirements
Get your paycheck up to 2 days early²
Access to over 100,000 ATMs nationwide
Top-rated Mobile app with Zelle^®, mobile check deposit, and more

Additional Features

Earn up to 8.00% APY for the first three months on balances up to $15,000, then up to 4.00% APY after that¹
Free Checking account, no monthly fees or minimum balance requirements
Get your paycheck up to 2 days early²
Access to over 100,000 ATMs nationwide
Top-rated Mobile app with Zelle^®, mobile check deposit, and more

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Chime® : Checking

FDIC Insured+

Disclosure

Chime is a financial technology company, not a bank. Banking services and debit card provided by The Bancorp Bank, N.A. or Stride Bank, N.A., Members FDIC, pursuant to a license from Visa U.S.A. Inc. and may be used everywhere Visa debit cards are accepted.

*SpotMe® on Debit is an optional, no fee overdraft service attached to your Chime Checking Account. To qualify for theSpotMe on Debit service, you must receive $200 or more in qualifying direct deposits to your Chime Checking Account each month and have activated your physical Chime Visa® Debit Card or secured Chime Credit Builder Visa® Credit Card.

Qualifying members will be allowed to overdraw their Chime Checking Account for up to $20 on debit card purchases and cash withdrawals initially but may later be eligible for a higher limit of up to $200 or more based on Chime Account history, direct deposit frequency and amount, spending activity and other risk-based factors. The SpotMe on Debit limit will be displayed within the Chime mobile app and is subject to change at any time, at Chime's sole discretion. Although Chime does not charge any overdraft fees for SpotMe on Debit, there may be out-of-network or third-party fees associated with ATM transactions. SpotMe on Debit will not cover any non-debit card transactions, including ACH transfers, Pay Anyone transfers, or Chime Checkbook transactions. SpotMe on Debit Terms and Conditions.

^Early access to direct deposit funds depends on the timing of the submission of the payment file from the payer. We generally make these funds available on the day the payment file is received, which may be up to 2 days earlier than the scheduled payment date.

⁺Deposits in Chime accounts are FDIC Insured through The Bancorp Bank, N.A. or Stride Bank, N.A.; Members FDIC

VIEW DETAILS

on Chime®'s website

Fee-free Overdraft

Up to $200*

Early Payday

Up to 2 Days Earlyˆ

Monthly Fees

FDIC Insured+

Disclosure

VIEW DETAILS

on Chime®'s website

Additional Features

Chime is a financial technology company, not a bank. Banking services provided by The Bancorp Bank, N.A. or Stride Bank, N.A.; Members FDIC
Fee-free overdraft up to $200* with Chime's SpotMe®
Chime is an Award-Winning Financial App & Debit Card With No Monthly Fees
Get paid up to 2 days early^ with direct deposit
Signing up takes 2 minutes
Deposits in Chime accounts are insured up to the standard maximum deposit insurance amount of $250,000 through The Bancorp Bank, N.A. or Stride Bank, N.A.; Members FDIC

Additional Features

Chime is a financial technology company, not a bank. Banking services provided by The Bancorp Bank, N.A. or Stride Bank, N.A.; Members FDIC
Fee-free overdraft up to $200* with Chime's SpotMe®
Chime is an Award-Winning Financial App & Debit Card With No Monthly Fees
Get paid up to 2 days early^ with direct deposit
Signing up takes 2 minutes
Deposits in Chime accounts are insured up to the standard maximum deposit insurance amount of $250,000 through The Bancorp Bank, N.A. or Stride Bank, N.A.; Members FDIC

Quontic : Checking

FDIC Insured

Disclosure

VIEW DETAILS

on Quontic's website

Annual Percentage Yield

Up to 1.10% as of 4/7/2025

Monthly Fee

Min Opening Deposit

$100

FDIC Insured

Disclosure

VIEW DETAILS

on Quontic's website

Additional Features

Earn 1.10% APY on all balances
Open an account online in just 3 minutes
No monthly maintenance fees or minimums
$100 minimum deposit required to open an account

Additional Features

Minimum Balance Required: Keep an eye on the minimum balance required to maintain your account. Most of the accounts we recommend have low or no minimum balance requirements. However, some accounts may require a higher minimum balance, but these accounts aren't ideal if you need to access your money frequently.

Accessing Your Money: Consider how easy it is to access your money when choosing a savings account. Some accounts allow unlimited transfers, while others limit the number of outgoing transfers per month. Although some banks may issue a debit card for your savings account, it's not always necessary. We recommend leaving your savings untouched to take advantage of compound interest. If you need to access your funds frequently, consider opening a checking account instead.

By comparing these key features, you can find a high-yield savings account that best suits your needs and helps you reach your financial goals.

‍

Sponsored

Advertiser Disclosure

Compare Personal Finance Options for 2021

Select all products of interest and compare:

Product Descriptions

Checking Accounts

Savings Accounts

Certificates of Deposit

Retirement Accounts

Real Estate Investment

Investment Accounts

Annuity

VIEW All

Please select one or more products to compare

3 Results

Product Descriptions

Synchrony Bank : Savings

Member FDIC

Disclosure

VIEW DETAILS

on Synchrony Bank's website

Annual Percentage Yield

4.00% as of 4/7/2025

Monthly Fee

$0.00

Min Deposit to Earn APY

$0.00

Member FDIC

Disclosure

VIEW DETAILS

on Synchrony Bank's website

Additional Features

Savings products with competitive rates, no required minimum balances, and no monthly fees.
Save easy with Synchrony Bank. Our app makes it a snap to bank anywhere; manage accounts from your smartphone or tablet.
Get more for your money. Visit Synchrony Bank online today to open a High Yield Savings account.

Additional Features

Savings products with competitive rates, no required minimum balances, and no monthly fees.
Save easy with Synchrony Bank. Our app makes it a snap to bank anywhere; manage accounts from your smartphone or tablet.
Get more for your money. Visit Synchrony Bank online today to open a High Yield Savings account.

Barclays : Tiered Savings Account

Member FDIC

VIEW DETAILS

on Barclays's website

Annual Percentage Yield

4.15% as of 4/7/2025

Monthly Fee

$0.00

Min Deposit to Earn APY

$0.00

Member FDIC

VIEW DETAILS

on Barclays's website

Additional Features

CIT : Savings Account

Member FDIC

Disclosure

VIEW DETAILS

on CIT's website

Annual Percentage Yield

4.10% as of 4/7/2025

Monthly Fee

$0.00

Min to Earn APY

$5000.00

Member FDIC

Disclosure

VIEW DETAILS

on CIT's website

Additional Features

Use promo code PS2025 to earn up to a $300 bonus!
Open a Platinum Savings account today. Secure, convenient and no monthly service fees. Member FDIC.
Grow your savings faster than traditional banks with the Platinum Savings account. Start with as little as $100 for Tier 1. Get 10x the national average with a balance of $5,000 or more at Tier 2.
Digital convenience at your fingertips. CIT Bank’s mobile app makes it easy to manage your account.

Additional Features

Use promo code PS2025 to earn up to a $300 bonus!
Open a Platinum Savings account today. Secure, convenient and no monthly service fees. Member FDIC.
Grow your savings faster than traditional banks with the Platinum Savings account. Start with as little as $100 for Tier 1. Get 10x the national average with a balance of $5,000 or more at Tier 2.
Digital convenience at your fingertips. CIT Bank’s mobile app makes it easy to manage your account.

‍

CD Rates are also currently very competitive, a great option if you have a longer time horizion

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Advertiser Disclosure:

Many of the offers appearing on this site are from advertisers from which this website receives compensation for being listed here. This compensation may impact how and where products appear on this site (including, for example, the order in which they appear). These offers do not represent all account options available. *APY (Annual Percentage Yield).
Rates / Annual Percentage Yield terms above are current as of the date indicated. These quotes are from banks, credit unions and thrifts, some of which have paid for a link to their website. Bank, thrift and credit unions are member FDIC or NCUA. Contact the financial institution for the terms and conditions that may apply to you. Rates are subject to change without notice and may not be the same at all branches.

FastBreak™ : Guaranteed Annuity

Product Disclosure

Annuity rates are subject to change at any time, and the rate mentioned may no longer be current. Please visit Gainbridge.io for current rates, full product disclosures, and disclaimer. Withdrawals above the 10 percent free withdrawal amount subject to a withdrawal charge and market value adjustment. FastBreak™ is issued by Gainbridge Life Insurance Company in Zionsville, Indiana. FastBreak™ is not a tax-deferred annuity; instead, it is taxed annually.

FastBreak™ : Guaranteed Annuity

Annual Percentage Yield

Term Length

Min. Deposit

Rates as of 4/7/2025

on FastBreak™'s website

5.45%

3 yrs

$1000

View Details

Annual Percentage Yield

Term Length

Min. Deposit

Rates as of 4/7/2025

on FastBreak™'s website

5.50%

5 yrs

$1000

View Details

Barclays : Certificate of Deposit

Member FDIC

Barclays : Certificate of Deposit

Annual Percentage Yield

Term Length

Min. Deposit

Rates as of 4/7/2025

on Barclays's website

4.00%

1 yr

View Details

Quontic Bank : Certificate of Deposit

Member FDIC

Product Disclosure

Withdrawals before the maturity date are subject to penalties

Quontic Bank : Certificate of Deposit

Annual Percentage Yield

Term Length

Min. Deposit

Rates as of 4/7/2025

on Quontic Bank's website

3.75%

6 months

$500

View Details

First Tech Federal Credit Union : Share Certificate

NCUA Insured

First Tech Federal Credit Union : Share Certificate

Annual Percentage Yield

Term Length

Min. Deposit

Rates as of 4/7/2025

on First Tech Federal Credit Union's website

4.35%

13 months

$500

View Details

Sallie Mae : Certificate of Deposit

Member FDIC

Sallie Mae : Certificate of Deposit

Annual Percentage Yield

Term Length

Min. Deposit

Rates as of 4/7/2025

on Sallie Mae's website

4.25%

14 months

View Details

Annual Percentage Yield

Term Length

Min. Deposit

Rates as of 4/7/2025

on Sallie Mae's website

4.25%

27 months

View Details

Live Oak Bank : Certificate of Deposit

Member FDIC

Live Oak Bank : Certificate of Deposit

Annual Percentage Yield

Term Length

Min. Deposit

Rates as of 4/7/2025

on Live Oak Bank's website

4.30%

1 yr

$2500

View Details

‍

The Best High Yield Savings Accounts April 2025

Chase Freedom Unlimited (R)

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