Best High-Yield Savings Accounts

The UFB High Yield Savings account is our best overall pick because it offers a 5.25% APY regardless of the amount you deposit. With no minimum deposit required, no monthly or withdrawal fees and a complementary ATM card, this offer fits almost everybody’s needs, and should be seriously considered.
 

With 5.15% APY, no monthly, NSF or ATM withdrawal fees, FNBO Direct’s offer is best if you want to avoid as many fees as possible while still have one of the greatest APYs around.

With Varo’s High Yield Savings Account, you get a solid 5.00% APY, no monthly fees and no excessive transactions fees. And because the Varo Checking account doesn’t charge monthly maintenance fees, or have a minimum balance in your account, it’s also a solid banking offer. Ultimately, the high APY, good mobile app and low fees make this combo offer an attractive one.
 

Boasting a respectable 4.50% APY, SoFi’s Checking and Savings Account holds all the trimmings we’d expect from a great offer: no monthly fees, no minimum required balance, complimentary ATM card. Plus, new SoFi Bank customers can earn up to $250 by opening an account.

You’ll need a direct deposit to earn the bonus. The amount of your total qualifying direct deposits during the bank’s 25-day evaluation period.

Pacific Western Bank’s savings account offers the APY for a business account on the market, with 5.15%. With only $5,000 required to open and no monthly fees, this high-yield savings account is our pick for the best high-yield savings account aimed at businesses.