If you’re looking to grow your money safely and earn more interest than a standard savings account, high-yield savings accounts are the way to go. In 2025, several U.S. banks—especially online banks—are offering competitive annual percentage yields (APYs) that beat the national average.
Here’s a breakdown of the top U.S. banks offering high-yield savings accounts, including their key features and current rates.
1. Ally Bank
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APY: ~4.25%
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Monthly Fees: $0
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Minimum Balance: None
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FDIC Insured: Yes
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Why Choose It: Ally offers one of the best all-around savings accounts with no hidden fees and a user-friendly mobile app.
2. Marcus by Goldman Sachs
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APY: ~4.30%
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Monthly Fees: $0
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Minimum Balance: $0
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FDIC Insured: Yes
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Why Choose It: Backed by Goldman Sachs, Marcus is trusted and consistently offers competitive interest rates without maintenance fees.
3. SoFi Checking & Savings
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APY: Up to 4.60% (with direct deposit)
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Monthly Fees: $0
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Minimum Balance: $0
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FDIC Insured: Yes
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Why Choose It: You get a hybrid account with high interest, early paycheck access, and automatic savings tools.
4. Discover Online Savings
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APY: ~4.25%
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Monthly Fees: $0
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Minimum Balance: $0
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FDIC Insured: Yes
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Why Choose It: Known for customer service and zero fees, Discover is a trusted name for online banking.
5. American Express® High Yield Savings Account
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APY: ~4.25%
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Monthly Fees: $0
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Minimum Balance: $0
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FDIC Insured: Yes
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Why Choose It: AmEx brings the reliability of a major financial brand with consistently high yields and a sleek online experience.
What Makes a Good High-Yield Savings Account?
When comparing high-yield savings accounts in the U.S., look for:
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High APY: Aim for over 4% in 2025
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No monthly fees or minimums
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FDIC insurance to protect your money
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Easy online and mobile access
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Fast transfers and support
Final Thoughts – Let Your Savings Work Harder
With inflation still a concern, earning more on your idle cash is essential. The best high-yield savings accounts in the U.S. let you do just that—without fees, restrictions, or hassle.
Whether you want to save for an emergency fund, a big purchase, or just earn more interest, choosing a top-tier savings account is a smart first step.
