High-Yield Savings Interest Rates Rise: Top Account Pays 4.3% APY

As of November 27, 2025, the highest savings account rate available is 4.3% APY, offered by SoFi. Online banks and credit unions offer competitive rates, while community banks may also provide comparable rates. Savings account interest rates have trended down since the Federal Reserve began cutting the federal funds rate last year. It's essential to shop around and consider factors beyond interest rates, such as fees, ATM locations, and reputation, when choosing a savings account.