High-Yield Savings Accounts: Top Rates in January 2025

As of January 12, 2025, the best high-yield savings accounts offer competitive annual percentage yields (APYs) of up to 5.00%. These accounts provide an excellent opportunity for savers to earn more interest on their deposits while maintaining easy access to their funds. Here are some of the top high-yield savings accounts available today:

1. Pibank - 5.00% APY
* Minimum opening deposit: Any amount
* Minimum balance requirement: Any amount
* Monthly fee: None
* ATM card available: No
* Mobile check deposit: No
* Checking accounts available: No
* CDs available: No
* Overview: Pibank is an online and app-based savings product operated by Intercredit Bank, established in Miami in 1992. Intercredit originally established Pibank in Spain in 2018, but then launched it in the U.S. in 2024.
2. Zynlo Bank, Money Market Account - 5.00% APY
* Required opening deposit: $10
* Minimum balance requirement: Any amount
* Monthly fee: None
* ATM card available: Only with an associated checking account
* Mobile check deposit: Yes
* Checking accounts available: Yes
* CDs available: No
* Overview: Zynlo is an online-only affiliate of PeoplesBank, which is headquartered in Holyoke, Massachusetts, and dates back to 1885. Zynlo launched in 2020.
* Note: Although this account has "money market" in its name, it offers no check-writing privileges and instead operates like a savings account.
3. Fitness Bank - 4.90% APY
* Minimum opening deposit: $100
* Minimum balance requirement: $100
* Monthly fee: None with $100 ongoing balance
* ATM card available: No
* Mobile check deposit: No
* Checking accounts available: No
* CDs available: No
* Overview: Fitness Bank is a division of Affinity Bank, which dates back to 1928 and is headquartered in Covington, Georgia.
* Note: In order to earn its highest rate, Fitness Bank requires an average daily step count of 12,500, which is tracked through its app. However, additional APY tiers are offered for lower step counts.
4. Jenius Bank, Savings Account - 4.80% APY
* Required opening deposit: Any amount
* Minimum balance requirement: Any amount
* Monthly fee: None
* ATM card available: No
* Mobile check deposit: No
* Checking accounts available: No
* CDs available: No
* Overview: Jenius is the digital banking division of SMBC MANUBANK, part of the SMBC group, which has offices worldwide and U.S. headquarters in New York.
5. Poppy Bank - 4.75% APY
* Required opening deposit: Any amount
* Minimum balance requirement: $1,000 to earn stated APY
* Monthly fee: None with electronic statements; otherwise $5
* ATM card: Yes
* Mobile check deposit: No
* Checking accounts available: Yes
* CDs available: Yes
* Overview: Founded in 2005, Poppy Bank is based in Santa Rosa, California, and operates 18 branches across the state, as well as serves nationwide customers online.
6. Openbank, High-Yield Savings Account - 4.75% APY
* Required opening deposit: $500
* Minimum balance requirement: Any amount
* Monthly fee: None
* ATM card available: No
* Mobile check deposit: No
* Checking accounts available: No
* CDs available: No
* Overview: Openbank is an online and mobile affiliate of Santander Bank, which has locations around the world and has been in the U.S. since 1902.
* Note: Requires a mobile device with face or fingerprint recognition; account unavailable to residents of Connecticut, Delaware, Massachusetts, New Hampshire, New Jersey, New York, Pennsylvania, and Rhode Island.
7. BrioDirect, High-Yield Savings Account - 4.75% APY
* Required opening deposit: $5,000
* Minimum balance requirement: $25 to earn stated APY
* Monthly fee: None; $5 with paper statements
* ATM card: No
* Mobile check deposit: Yes
* Checking accounts available: No
* CDs available: Yes
* Overview: BrioDirect is an online banking brand by the longstanding, Connecticut-based Webster Bank.
8. Newtek Bank, Member FDIC - 4.90% APY
* Required opening deposit: No minimum to open account
* Minimum balance requirement: No minimum to open account
* Monthly fee: None
* ATM card available: No
* Mobile check deposit: No
* Checking accounts available: No
* CDs available: No
* Overview: Newtek Bank is a member of the Federal Deposit Insurance Corporation (FDIC) and offers a high-yield savings account with a competitive APY of 4.90%.
9. EverBank (formerly TIAA Bank), Member FDIC - 4.40% APY
* Required opening deposit: No minimum to open account
* Minimum balance requirement: No minimum to open account
* Monthly fee: None
* ATM card available: No
* Mobile check deposit: No
* Checking accounts available: No
* CDs available: No
* Overview: EverBank, formerly known as TIAA Bank, is a member of the FDIC and offers a high-yield savings account with an APY of 4.40%.
10. My Banking Direct, Member FDIC - 4.65% APY
* Required opening deposit: $500
* Minimum balance requirement: No minimum to open account
* Monthly fee: None
* ATM card available: No
* Mobile check deposit: No
* Checking accounts available: No
* CDs available: No
* Overview: My Banking Direct is a member of the FDIC and offers a high-yield savings account with an APY of 4.65%.
11. Forbright Bank, Member FDIC - 4.60% APY
* Required opening deposit: No minimum to open account
* Minimum balance requirement: No minimum to open account
* Monthly fee: None
* ATM card available: No
* Mobile check deposit: No
* Checking accounts available: No
* CDs available: No
* Overview: Forbright Bank is a member of the FDIC and offers a high-yield savings account with an APY of 4.60%.
12. Poppy Bank, Member FDIC - 4.75% APY
* Required opening deposit: No minimum to open account
* Minimum balance requirement: $1,000 to earn stated APY
* Monthly fee: None with electronic statements; otherwise $5
* ATM card: Yes
* Mobile check deposit: No
* Checking accounts available: Yes
* CDs available: Yes
* Overview: Poppy Bank is a member of the FDIC and offers a high-yield savings account with an APY of 4.75%.
13. Western Alliance, Member FDIC - 4.46% APY
* Required opening deposit: $500
* Minimum balance requirement: No minimum to open account
* Monthly fee: None
* ATM card available: No
* Mobile check deposit: No
* Checking accounts available: No
* CDs available: No
* Overview: Western Alliance is a member of the FDIC and offers a high-yield savings account with an APY of 4.46%.
14. Jenius Bank, funds insured by FDIC - 4.80% APY
* Required opening deposit: No minimum to open account
* Minimum balance requirement: No minimum to open account
* Monthly fee: None
* ATM card available: No
* Mobile check deposit: No
* Checking accounts available: No
* CDs available: No
* Overview: Jenius Bank is a member of the FDIC and offers a high-yield savings account with an APY of 4.80%.
15. TAB Bank, Member FDIC - 4.37% APY
* Required opening deposit: No minimum to open account
* Minimum balance requirement: No minimum to open account
* Monthly fee: None
* ATM card available: No
* Mobile check deposit: No
* Checking accounts available: No
* CDs available: No
* Overview: TAB Bank is a member of the FDIC and offers a high-yield savings account with an