Top Savings Interest Rates for July 2025: Earn Up to 4.3% APY

The national average savings account rate is 0.38%, but some top accounts offer up to 4.3% APY, such as EverBank, which requires no minimum deposit. The amount of interest earned depends on the APY and compounding frequency. With a high-yield savings account at 4% APY, a $1,000 deposit could grow to $1,040.81 in one year, or $10,408.08 with a $10,000 deposit.

The national average savings account rate is 0.38%, but some top accounts offer significantly higher yields, up to 4.3% APY. This article explores the best high-yield savings accounts available as of July 2025, focusing on features such as APY, minimum deposit requirements, and additional benefits.

Western Alliance Bank High-Yield Savings Account
- APY: 4.50%
- Minimum Balance: $1
- Monthly Fee: None
- Maximum Transactions: Up to 6 per month
- Standout Benefits: High APY with no monthly fees and no minimum deposit cap.

LendingClub LevelUp Savings
- APY: 4.75% (with monthly deposits of at least $250), or 3.75%
- Minimum Balance: None
- Monthly Fee: None
- Maximum Transactions: See terms
- Standout Benefits: Free ATM card with no ATM fees, and no minimum balance requirement.

Newtek Bank Personal High Yield Savings
- APY: 5.25%
- Minimum Balance: $0.01
- Monthly Fee: None
- Maximum Transactions: Up to 6 free withdrawals or transfers per statement cycle
- Standout Benefits: High APY with no minimum deposit and low minimum balance.

UFB Portfolio Savings
- APY: 4.01%
- Minimum Balance: None
- Monthly Fee: None
- Maximum Transactions: None
- Standout Benefits: Strong APY on any savings balance with no minimum deposit or balance required, and a free ATM card with unlimited withdrawals.

Synchrony Bank High Yield Savings
- APY: 4.30%
- Minimum Balance: None
- Monthly Fee: None
- Maximum Transactions: Up to 6 free withdrawals or transfers per statement cycle
- Standout Benefits: Strong APY with no minimum balance or deposit, and easy ATM access.

Marcus by Goldman Sachs High-Yield Online Savings
- APY: 3.90%
- Minimum Balance: None
- Monthly Fee: None
- Maximum Transactions: No limit
- Standout Benefits: Strong APY with no minimum balance or deposit, and easy-to-use mobile banking app.

CIT Bank Platinum Savings
- APY: 4.70% on balances of $5,000 or more; 0.25% on balances less than $5,000
- Minimum Balance: $100 minimum deposit
- Monthly Fee: None
- Maximum Transactions: Up to 6 free withdrawals or transfers per statement cycle
- Standout Benefits: Strong APY on balances of $5,000 or more with no monthly service fees.

SoFi Checking and Savings
- APY: 4.50%
- Minimum Balance: None
- Monthly Fee: None
- Maximum Transactions: Up to 6 free withdrawals or transfers per statement cycle
- Standout Benefits: High APY with no minimum balance or deposit, and direct deposit of $5,000 or more.

References:
[1] https://www.cnbc.com/select/best-high-yield-savings-accounts/