Independent educational resource. We are not a bank, broker, financial advisor, or affiliate of any issuer listed. APYs are sourced from each issuer's own published page on the date noted at the top of each rate table. Rates change frequently -- verify directly with the issuer before opening an account. FDIC insurance limits sourced from FDIC.gov. Nothing on this site is personalised financial advice. Consult a qualified advisor before making decisions about your savings strategy.

Verified May 1, 2026

Best High-Yield Savings Accounts in 2026: top 20 APYs, verified weekly

Every issuer named. Every APY sourced from the issuer's own published page. No third-party rate aggregator data. Table updated weekly -- last verified May 1, 2026.

Looking for money market accounts? This page covers high-yield savings accounts. For money market accounts with check-writing and debit access, see Best Money Market Accounts 2026.

Top 20 High-Yield Savings Accounts

Last verified: May 1, 2026
RankIssuerAPYMin. OpenMonthly FeeDebitATMTrend
1Marcus by Goldman Sachs
Online Savings Account
4.10%$0$0NoNo— Stable
2UFB Direct
Portfolio Savings
4.01%$0$0YesYes— Stable
3LendingClub
High-Yield Savings
3.97%$0$0NoNo▲ Up
4Synchrony
High Yield Savings
3.90%$0$0NoYes— Stable
5BMO Alto
Online Savings Account
3.85%$0$0NoNo— Stable
6Ally Bank
Online Savings
3.80%$0$0NoNo— Stable
7EverBank
Performance Savings
3.77%$0$0NoNo▲ Up
8Western Alliance
High-Yield Savings Premier
3.75%$0$0NoNo— Stable
9BrioDirect
High-Yield Savings
3.72%$25$0NoNo— Stable
10Bread Savings
High-Yield Savings
3.70%$100$0NoNo— Stable
11SoFi
High-Yield Savings
3.67%$0$0YesYes— Stable
12Discover
Online Savings
3.65%$0$0NoNo— Stable
13American Express Personal Savings
High Yield Savings
3.60%$0$0NoNo— Stable
14Capital One 360
Performance Savings
3.55%$0$0NoNo▼ Down
15Citizens Access
Online Savings
3.50%$0$0NoNo— Stable
16CIT Savings Connect
Savings Connect
3.47%$100$0NoNo— Stable
17Wealthfront Cash
Cash Account
3.45%$1$0YesYes— Stable
18Betterment Cash Reserve
Cash Reserve
3.40%$10$0NoNo— Stable
19Sallie Mae
High-Yield Savings
3.35%$0$0NoNo— Stable
20Raisin (partner picks)
High-Yield Savings via partners
3.30%$1$0NoNo— Stable

Quick notes per issuer

Marcus by Goldman Sachs4.10%

No minimums, no fees. FDIC insured. One of the most competitive HYSAs consistently.

View at Marcus
UFB Direct4.01%

Rare HYSA with debit card and ATM access. $0 minimum. FDIC insured via Axos Bank.

View at UFB
LendingClub3.97%

Competitive rate with no minimums or fees. FDIC insured. Mobile app rated well.

View at LendingClub
Synchrony3.90%

No minimum balance. ATM card available. Strong customer service.

View at Synchrony
BMO Alto3.85%

BMO's online-only savings brand. Consistently strong rate. FDIC insured.

View at BMO
Ally Bank3.80%

Most popular online bank. Excellent mobile app. No fees or minimums. Savings buckets feature.

View at Ally
EverBank3.77%

Formerly TIAA Bank. Reliable high-yield savings. FDIC insured.

View at EverBank
Western Alliance3.75%

Offered via Raisin platform. No minimum balance. FDIC insured.

View at Western
BrioDirect3.72%

$25 minimum to open. No monthly fees. Online-only division of Webster Bank.

View at BrioDirect
Bread Savings3.70%

$100 minimum to open. No monthly fees. FDIC insured via Comenity Capital Bank.

View at Bread
SoFi3.67%

Rate applies when you set up direct deposit. Debit card available. FDIC insured.

View at SoFi
Discover3.65%

No minimums, no fees. Well-regarded customer service. FDIC insured.

View at Discover
American Express Personal Savings3.60%

No minimums, no fees. Transfer-only access. Good for set-and-forget savers. FDIC insured.

View at American
Capital One 3603.55%

No minimum, no fee. Branch access in some cities. FDIC insured.

View at Capital
Citizens Access3.50%

Online-only arm of Citizens Bank. Competitive rate. FDIC insured.

View at Citizens
CIT Savings Connect3.47%

$100 minimum to open. No monthly fee. Pairs with CIT Checking. FDIC insured.

View at CIT
Wealthfront Cash3.45%

FDIC-insured through partner banks up to $8M via sweep program. Debit card available.

View at Wealthfront
Betterment Cash Reserve3.40%

FDIC-insured up to $2M via partner bank sweep. No debit card.

View at Betterment
Sallie Mae3.35%

No minimums, no fees. Simple online-only savings. FDIC insured.

View at Sallie
Raisin (partner picks)3.30%

Marketplace offering savings products from multiple partner banks. Rates and terms vary by partner.

View at Raisin

Methodology

We verify each APY directly from the issuer's own published page -- not from a third-party rate aggregator. Every row in this table includes the source URL. APYs are verified weekly (typically Monday morning US Eastern time). If a rate cannot be verified from the issuer's own page, the row reads "verifying" rather than showing an estimated figure.

We rank by APY descending. Tie-breaking uses minimum opening deposit (lower wins) then fee (lower wins). We do not accept payment for ranking position. Sponsored links (if present) are clearly disclosed with rel=sponsored and an inline note.

Frequently asked questions

Are HYSA rates going down in 2026?
Top HYSA rates have drifted down 0.3-0.5% from their 2024-2025 peaks as the Federal Reserve paused its hiking cycle and reduced rates modestly. As of May 2026, the top HYSA rate is 4.10% APY (Marcus). Rates remain historically high relative to the 2010-2022 period. Check the FRED Federal Funds Rate series for current Fed posture.
Can I have multiple high-yield savings accounts?
Yes, there is no legal limit on the number of HYSA accounts you can open. Many savers use multiple accounts for different goals -- an emergency fund at Ally, a house down payment fund at Marcus, and a travel fund at Discover. Each account is separately FDIC-insured up to $250,000 per depositor per institution. Having accounts at multiple banks also spreads your FDIC coverage.
How do joint HYSA accounts work?
A joint HYSA is co-owned by two people. Both co-owners have equal access to the account. For FDIC purposes, each co-owner is insured up to $250,000 -- so a joint account with two co-owners is covered up to $500,000 at one bank. Most online banks (Marcus, Ally, Synchrony) offer joint savings accounts. APY is the same as individual accounts.
Is it worth switching banks for a higher HYSA rate?
It depends on your balance and the rate gap. On $50,000 with a 0.30% APY difference, switching earns about $150 per year extra. Factors to weigh: time to open and fund a new account (1-5 business days), any outgoing transfer fees at your current bank, whether your current bank might match rates, and whether ACH transfer timing affects your cashflow. Generally worth it for balances above $25,000 and rate gaps above 0.25%.
What is a sweep account and how does it compare to a HYSA?
A sweep account automatically moves idle cash from a brokerage account into a FDIC-insured savings vehicle or money market fund. Sweeps (like those at Fidelity or Schwab) typically pay lower rates than dedicated HYSAs -- often 0.5-2.0% in 2026 vs 3.5-4.1% at the best HYSAs. If you hold significant cash in a brokerage, manually moving it to a dedicated HYSA at an online bank usually earns more.
When is interest credited on a HYSA?
Most HYSAs credit interest monthly, though the interest is calculated daily based on your average daily balance. A small number of banks credit interest quarterly. Your 1099-INT form for the year reflects all interest credited through December 31, regardless of when you actually withdraw it. Check your account agreement for the specific crediting schedule.