In today’s financial world, high-interest savings accounts (HISAs) are an excellent way to maximize your money with little risk. With interest rates improving, many banks are offering better-than-ever returns on savings. However, not all high-interest savings accounts are the same. This post will explore the Top 10 Best High-Interest Savings Accounts available in 2025, providing reviews on each and why they stand out for different types of account holders.
1. Ally Bank – Online Savings Account
Best For: Those who want a blend of high interest, no fees, and easy access to their money.
Why It’s Great: Ally Bank has long been a top contender in the high-interest savings account space, offering one of the most competitive rates available without requiring a minimum balance or charging monthly maintenance fees. This account is ideal for people who want to grow their savings but don’t want to worry about hidden fees or maintaining high balances. Ally provides a streamlined online experience and a well-regarded mobile app that makes managing savings both simple and effective. Whether you’re saving for an emergency fund or a specific goal, Ally delivers flexibility and high interest.
- No Monthly Fees
- Competitive APY
- Easy Access
- No Minimum Deposit
2. Marcus by Goldman Sachs – High Yield Online Savings Account
Best For: Individuals looking for a no-frills, high-interest savings account with a proven track record.
Why It’s Great: Marcus by Goldman Sachs is well known for its simplicity and high yield, making it a great option for people looking to maximize their savings without the complexity. There are no fees and no minimum deposit requirements, so you can start earning interest right away. This account consistently offers one of the best rates available in the market, backed by the security and trust of Goldman Sachs. With easy access to your funds, it’s perfect for those who want a straightforward savings experience that delivers great returns.
- No Fees
- High APY
- FDIC Insured
- Easy Transfers
3. Discover Online Savings Account
Best For: Savers looking for a trustworthy bank with a solid reputation for security and customer service.
Why It’s Great: Discover is well-established in the financial world, providing a high-yield savings account with an excellent reputation for customer service. The Discover savings account is straightforward—offering no monthly fees, a competitive interest rate, and easy access to your money. Discover’s online banking platform is user-friendly, allowing you to manage your savings account efficiently. Plus, the account is FDIC insured, ensuring the safety of your funds. Whether you’re new to saving or a seasoned pro, this account offers a great way to earn a higher return on your savings.
- High APY
- No Fees
- FDIC Insured
- Easy Access to Funds
4. CIT Bank – Savings Builder Account
Best For: Those looking to grow their savings systematically.
Why It’s Great: CIT Bank’s Savings Builder account is perfect for people who are willing to make regular deposits or meet a minimum balance requirement. By doing so, you can earn a higher APY than standard savings accounts. This account is designed to encourage savers to build a habit of consistent saving, which leads to bigger rewards. If you’re someone who wants to save regularly and increase your earnings, this account will help you reach your goals faster. It’s also fee-free, so you don’t have to worry about maintenance costs eating into your interest.
- Bonus APY for Consistent Deposits
- No Monthly Fees
- FDIC Insured
- Encourages Systematic Saving
5. Synchrony Bank – High Yield Savings Account
Best For: Savers looking for an easy online banking experience with solid customer service.
Why It’s Great: Synchrony Bank offers a high-yield savings account with one standout feature—ATM access to your savings. While many high-yield savings accounts restrict ATM usage, Synchrony makes it easier to withdraw funds when necessary. Along with this convenient access, Synchrony provides a competitive APY, which is consistently among the best in the market. There are no monthly fees, and you can manage your account easily through Synchrony’s intuitive online platform. The combination of high interest, easy access to funds, and excellent customer support makes this account a great option for savers.
- ATM Access
- Competitive APY
- No Fees
- FDIC Insured
6. American Express National Bank – High Yield Savings Account
Best For: Those who prefer well-known, reliable institutions for managing savings.
Why It’s Great: American Express offers a high-yield savings account that is backed by its reliable and trusted brand. Known for its credit cards, American Express has branched into the world of savings, providing a straightforward account with no fees and a competitive APY. The account offers excellent customer service, and the brand’s name alone provides reassurance that your money is in safe hands. For those looking for a reliable savings account without the complexity, American Express delivers a solid option with a high interest rate and a strong reputation.
- No Fees
- Competitive APY
- FDIC Insured
- Trustworthy Institution
7. Capital One 360 Performance Savings
Best For: Those who want to manage their finances across multiple accounts with the same institution.
Why It’s Great: Capital One’s 360 Performance Savings account integrates seamlessly with other Capital One financial products, making it an excellent option for people already using Capital One for checking or credit cards. With no monthly fees and a solid APY, this account helps you maximize your savings with ease. Capital One’s mobile app makes managing your account convenient, and you can access your funds quickly through online transfers. The user-friendly interface and the ability to integrate with other Capital One accounts make this a top choice for savers.
- High APY
- No Fees
- FDIC Insured
- Mobile App Access
8. Barclays Online Savings Account
Best For: Savers looking for a trusted bank with global reach.
Why It’s Great: Barclays is a well-established global bank, and its online savings account offers one of the best rates available for savers. The account is straightforward, with no fees and no minimum balance requirements. Whether you’re saving for an emergency fund or long-term goals, this account allows you to grow your money with a solid interest rate. Barclays is a trusted institution, and the simplicity of the account, along with the competitive interest rate, makes it a great option for those who want to save securely without any hidden costs.
- High APY
- No Fees
- FDIC Insured
- International Bank
9. Varo Bank – High Yield Savings Account
Best For: Tech-savvy users who want mobile-first banking experiences.
Why It’s Great: Varo Bank is a digital-first bank that offers one of the highest APYs available for a no-fee savings account. This is an excellent option for individuals who prefer managing their finances via a smartphone, as Varo’s mobile app makes it easy to save, transfer funds, and track your progress. There are no fees and no minimum deposit, so you can start earning interest right away. With FDIC insurance and a commitment to customer satisfaction, Varo’s high-yield savings account is perfect for digital-savvy users looking for an easy way to grow their savings.
- High APY
- No Fees
- Mobile App
- FDIC Insured
10. Wealthfront – Cash Account
Best For: People who want a combination of savings and investment benefits.
Why It’s Great: Wealthfront’s Cash Account combines the benefits of a high-yield savings account with low-risk investment options, giving savers the chance to maximize their returns. The account offers a competitive APY, along with access to automated investment tools that help you diversify your savings. This account is ideal for people who want to go beyond traditional savings accounts and take advantage of additional features like automated financial planning. Wealthfront provides a great mix of saving and investing, all under one roof, with a simple, user-friendly interface.
- High APY
- Investment Tools
- No Fees
- FDIC Insured
Final Thoughts
Choosing the right high-interest savings account depends on your financial goals, whether you’re looking for easy access to your money, a no-fee option, or tools to automate your savings. From straightforward accounts like Ally Bank to more sophisticated options like Wealthfront, there’s a high-yield savings account suited for every saver in 2025. Take your time, compare interest rates, and choose the account that best fits your needs to maximize your savings potential.
This list provides an in-depth review of the best high-interest savings accounts available in 2025, making it easier to select the one that fits your saving habits and financial goals.