Most products on this page are from partners who may compensate us. This may influence which products we write about and where and how they appear on the page. However, opinions expressed here are the author's alone, not those of any bank, credit card issuer, airline or hotel chain. Most products on this page are from partners who may compensate us. This may influence which products we write about and where and how they appear on the page. However, opinions expressed here are the author's alone, not those of any bank, credit card issuer, airline or hotel chain. Most products on this page are from partners who may compensate us. This may influence which products we write about and where and how they appear on the page. However, opinions expressed here are the author's alone, not those of any bank, credit card issuer, airline or hotel chain.
BrioDirect High-Yield Savings Account
5
APY
5.35%
INTRO BONUS
N/A
MINIMUMDEPOSIT REQUIRED
$5,000
MONTHLY MAINTENANCE FEE
$0
Why We Like It
BrioDirect's Direct High-Yield Savings Account offers customers one of the highest interest rates on the market. While its minimum opening deposit requirement is higher than average, all balances over $25 earn its disclosed APY.
UFB Direct Secure Savings Account
5
APY
5.25%
INTRO BONUS
N/A
MINIMUMDEPOSIT REQUIRED
N/A
MONTHLY MAINTENANCE FEE
$0
Why We Like It
The UFB Direct Secure Savings Account has one of the highest interest rates we’ve seen for a high-yield savings account at up to 5.25% APY. Plus, there are no monthly fees and no minimum balance to open.
CIT Bank Savings Connect Account
4.5
APY
4.65%
INTRO BONUS
N/A
MINIMUMDEPOSIT REQUIRED
$100
MONTHLY MAINTENANCE FEE
$0
Why We Like It
CIT Bank's Savings Connect account is one of our top picks for high-yield savings accounts. Featuring a competitive flat APY on all balances, it can go head-to-head with most of the top savings accounts available. What's more, you don't have to do anything special to earn this high interest rate; many similar accounts (including some offered by CIT) only offer their highest interest rates to customers who complete certain requirements.
SoFi Checking and Savings
5
APY
0.50% - 4.60%
INTRO BONUS
$50-$300
MINIMUMDEPOSIT REQUIRED
N/A
MONTHLY MAINTENANCE FEE
$0
Why We Like It
SoFi Checking and Savings boasts an impressive 4.60% APY on savings balances for customers who set up direct deposit, or who deposit at least $5,000 each month. This account also offers 0.50% APY on checking balances. There are no monthly maintenance fees, and new customers can even earn a generous signup bonus worth up to $300. If you don’t care about physical bank locations, this is a great option.
Citizens Access® Savings
4
APY
4.50%
INTRO BONUS
N/A
MINIMUMDEPOSIT REQUIRED
$0.01
MONTHLY MAINTENANCE FEE
$0
Why We Like It
If you plan to park your money for some time, the Citizens Access Savings account is a good bet. This account features an incredible APY, and currently all balances earn the highest rate available. You only need to deposit $0.01 to open an account and earn the APY, and this account doesn't have other fees associated with it.
Synchrony Bank High-Yield Savings Account
4
APY
4.75%
INTRO BONUS
N/A
MINIMUMDEPOSIT REQUIRED
N/A
MONTHLY MAINTENANCE FEE
$0
Why We Like It
Synchrony Bank offers an above-average interest rate on its High-Yield Savings Account. And with no minimum balance or opening deposit requirements, it's easier to hold this account than many similar options. We also appreciate the inclusion of an ATM card for easy funds access.
Quontic Bank Money Market Account
4.5
APY
5.00%
INTRO BONUS
N/A
MINIMUMDEPOSIT REQUIRED
$100
MONTHLY MAINTENANCE FEE
$0
Why We Like It
Quontic Bank's Money Market Account does a lot to keep things accessible to the average customer while maintaining one of the highest interest rates currently available. The $100 minimum opening deposit is on the low end for money market accounts, and you won't have to worry about monthly fees or overdraft charges.
Live Oak Business Savings Account
5
APY
4.00%
INTRO BONUS
$300
MINIMUMDEPOSIT REQUIRED
N/A
MONTHLY MAINTENANCE FEE
$0
Why We Like It
So long as you're comfortable with handling your business banking online, Live Oak Bank's Business Savings Account may be just what you're looking for. This account offers an aggressive 4.00% APY on deposits; that's among the highest rates currently available for a business savings account. You also won't need to pay a monthly maintenance fee with this account, and there's no minimum opening balance requirement either.
Axos Business Savings Account
3
APY
0.20%
INTRO BONUS
$0
MINIMUMDEPOSIT REQUIRED
$1,000
MONTHLY MAINTENANCE FEE
$5 with option to waive
Why We Like It
Axos Business Savings doesn't have the strongest APY, but the low monthly maintenance fee of $5 (with an option to waive) and breadth of other financial products do a lot to make up for this. The $1,000 minimum opening deposit can be a barrier for newer businesses, however, and Axos is a digital bank, so it’s not the best option if you deal with cash regularly.
First Internet Bank Business Money Market Savings Account
4
APY
Up to 4.39%
INTRO BONUS
N/A
MINIMUMDEPOSIT REQUIRED
$100
MONTHLY MAINTENANCE FEE
$5 with option to waive
Why We Like It
While you'll need an average daily balance of $5,000,000 or more to make the most of First Internet Bank's Business Money Market Savings Account, even its rate for lower balances is remarkably competitive. As long as you have enough cash on-hand to avoid the $5 monthly maintenance fee, this account is definitely one you should consider.
Presidential Bank Commercial Premier Savings Account
3
APY
Up to 0.50%
INTRO BONUS
N/A
MINIMUMDEPOSIT REQUIRED
$5,000
MONTHLY MAINTENANCE FEE
$0
Why We Like It
While the Presidential Bank Commercial Premier Savings Account doesn't offer the highest APY on the market, it's still considerably better than what you'd get from a traditional bank. This is especially true if you are able to maintain a daily balance of $35,000 or less. We also appreciate that this account doesn't have any ongoing minimum balance requirements or monthly service fees. Just be sure you can meet the high minimum opening balance requirement before you consider this account.