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Below are the the rates on some of the best high yield savings accounts currently available. If we've done a review of a particular bank, it will appear in the last column on the right. Good luck finding the right bank for you
Bank | Interest Rate (APY) | Min. Deposit | Details | Review |
---|---|---|---|---|
EverBank Yield Pledge Money Market Account | 5.05 % APY | $1,500 | There is a 1.25% Bonus Rate for the first three months. $1,500 initial-deposit requirement. No-fees for online banking with over $5000 balance. $8.95 monthly fee otherwise. You can make up to six withdrawals per month. | |
Ally Bank High Yield Savings | 4.20 % APY | $0 | Open with $0, no minimum balance. No monthly fees. Daily compounded interest for maximum earnings. Six withdrawals or transfers per statement cycle. FDIC insured. Read my | Ally Bank Review |
American Express Savings Account | 4.25 % APY | $1 | No fees. No minimums. 24/7 account access by phone or web. They are FDIC insured. | American Express Bank Review |
Discover Bank Online Savings Account | 4.0% APY | $0 | $0 opening deposit plus no minimum balance. Set up automatic transfers from any checking or savings account. You can make up to six withdrawals per month. | Discover Bank Review |
Capital One 360 Savings Account | 4.25% APY | $1 | No fees. No minimums. unlimited sub-accounts. Accounts linked to your existing checking. 24 hour online account access through ingdirect.com. | Capital One 360 Remote Deposits |
Zions Bank Savings | 0.16 % APY | $100 | Minimum balance of $1,000 to get the highest rate. They are FDIC insured and have over 125 brick and mortar branches. | Zions Bank Review |
HSBC Advance Online Savings Account | 4.40 % APY | $1 | No minimum balance requirement. No monthly fees. Low initial depost of $1. | |
E*Trade’s Complete Savings Account | 4.50 % APY | $1 | A $1 minimum deposit is required to open a new account. 6 withdrawal limit applies. No minimums. $15 per bank check request. |