Independent educational resource. We are not a bank, broker, financial advisor, or affiliate of any issuer listed. APYs are re-verified against issuer rate sheets and the major rate trackers 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 June 13, 2026

Best High-Yield Savings Accounts in 2026: top APYs, ranked

Every issuer named, ranked by APY. Rates re-verified against issuer rate sheets and the major June 2026 rate trackers (many issuer pages render rates via JavaScript). Last verified June 13, 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 19 High-Yield Savings Accounts

Last verified: June 13, 2026
RankIssuerAPYMin. OpenMonthly FeeDebitATMTrend
1Bread Savings
High-Yield Savings
4.00%$100$0NoNo▲ Up
2LendingClub
High-Yield Savings
4.00%$0$0NoNo— Stable
3EverBank
Performance Savings
3.90%$0$0NoNo▲ Up
4Sallie Mae
High-Yield Savings
3.85%$0$0NoNo— Stable
5Western Alliance
High-Yield Savings (via Raisin)
3.80%$1$0NoNo— Stable
6SoFi
High-Yield Savings
3.80%$0$0YesYes— Stable
7CIT Bank
Platinum Savings
3.75%$100$0NoNo— Stable
8BrioDirect
High-Yield Savings
3.75%$25$0NoNo— Stable
9Marcus by Goldman Sachs
Online Savings Account
3.40%$0$0NoNo▼ Down
10Synchrony
High Yield Savings
3.40%$0$0NoYes▼ Down
11Citizens Access
Online Savings
3.35%$0$0NoNo▼ Down
12Wealthfront Cash
Cash Account
3.30%$1$0YesYes— Stable
13Discover
Online Savings
3.30%$0$0NoNo▼ Down
14UFB Direct
Portfolio Savings
3.26%$0$0YesYes▼ Down
15Betterment Cash Reserve
Cash Reserve
3.25%$10$0NoNo— Stable
16American Express Personal Savings
High Yield Savings
3.10%$0$0NoNo▼ Down
17Ally Bank
Online Savings
3.00%$0$0NoNo▼ Down
18BMO Alto
Online Savings Account
3.00%$0$0NoNo▼ Down
19Capital One 360
Performance Savings
3.00%$0$0NoNo▼ Down

Quick notes per issuer

Bread Savings4.00%

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

View at Bread
LendingClub4.00%

4.00% APY requires depositing at least $250 per statement cycle; 3.00% APY without. No minimums or fees. FDIC insured.

View at LendingClub
EverBank3.90%

Formerly TIAA Bank. No minimums or fees. Same rate on all balances. FDIC insured.

View at EverBank
Sallie Mae3.85%

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

View at Sallie
Western Alliance3.80%

Offered through the Raisin marketplace. No minimum balance to earn the rate. FDIC insured.

View at Western
SoFi3.80%

Top rate requires direct deposit (includes a limited-time boost); lower without. Debit card and ATM access. FDIC insured.

View at SoFi
CIT Bank3.75%

3.75% APY on balances of $5,000 or more; far lower below that. No monthly fee. FDIC insured.

View at CIT
BrioDirect3.75%

Online division of Webster Bank. No monthly fees. FDIC insured.

View at BrioDirect
Marcus by Goldman Sachs3.40%

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

View at Marcus
Synchrony3.40%

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

View at Synchrony
Citizens Access3.35%

Online-only arm of Citizens Bank. Penny minimum to open. FDIC insured.

View at Citizens
Wealthfront Cash3.30%

FDIC-insured through partner banks via a sweep program. Debit card available. Optional boost with direct deposit.

View at Wealthfront
Discover3.30%

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

View at Discover
UFB Direct3.26%

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

View at UFB
Betterment Cash Reserve3.25%

FDIC-insured via partner bank sweep. No debit card. New-client promotional boosts available.

View at Betterment
American Express Personal Savings3.10%

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

View at American
Ally Bank3.00%

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

View at Ally
BMO Alto3.00%

BMO's online-only savings brand. No minimums or fees. FDIC insured.

View at BMO
Capital One 3603.00%

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

View at Capital

Methodology

We re-verify each APY against the issuer's own rate sheet where it is published in readable form, and otherwise against the major rate trackers (Bankrate, NerdWallet, DepositAccounts) for the same week -- many issuer pages render their rate via JavaScript and cannot be read directly. Every row includes the issuer's source URL. Promotional and tiered rates are flagged in the per-row notes. Rates change frequently; confirm the current figure on the issuer's page before opening.

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 eased through 2026 after the Federal Reserve cut its target range three times in late 2025 (to 3.50-3.75% in December) and then held. As of June 2026, the top HYSA rate in our table is 4.00% APY (Bread Savings). Rates remain well above the near-zero levels of 2010-2021. 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.