10 Best High-Yield Savings Accounts (HYSAs) for 2025
Written by Diversification.com Editorial Team • Updated: June 16, 2025
This article was created using publicly available data at the time of publication. The list includes editorial opinions, is not investment advice, and there are no paid placements.
Attention Savers: You're Probably Missing Out on APY
The average U.S. savings account earns just 0.45% APY — yet many federally insured options offer 5% or more right now. That’s a 10x difference for doing nothing more than switching accounts.
To make the search easier, we’ve compiled the top 10 best high-yield savings and cash management accounts for 2025, based only on APY.
How We Ranked These Accounts
We reviewed over 70 financial institutions — including national banks, online banks, fintech platforms, and investment firms — and ranked each option solely by its stated APY as of June 16, 2025. This list excludes teaser rates and products with ongoing monthly fees.
Every account listed:
- Is FDIC insured or uses a sweep network for extended insurance
- Offers no monthly maintenance fees
- Had rates verified through public sources (Raisin, NerdWallet, Bankrate, DepositAccounts.com, and official bank websites)
1. UFB Direct High Yield Savings
- APY: 4.01%
- Insurance: FDIC (Axos Bank)
- Minimum Deposit: $0
- Access: Web + mobile, optional ATM card
- Notable Details: Supports same-day transfers for large internal moves and includes ATM access, but lacks budgeting or spending tools.
2. Western Alliance Bank via Raisin
- APY: 4.25%
- Insurance: FDIC via Raisin
- Minimum Deposit: $1
- Access: Raisin platform only (no ATM)
- Notable Details: Account is fully managed through Raisin, which lets users manage multiple high-yield accounts in one interface.
3. Bask Bank Interest Savings
- APY: 4.20%
- Insurance: FDIC
- Minimum Deposit: $0
- Access: Online only
- Notable Details: No ATM access, but Bask also offers an alternate version of the account that earns airline miles instead of interest.
4. Milli Savings Account
- APY: 4.75%
- Insurance: FDIC
- Minimum Deposit: $0
- Access: Mobile-only
- Notable Details: The mobile app includes visual budgeting tools and spending insights, but there’s no desktop access or external ATM network.
5. Wealthfront Cash Account
- APY: 4.50%
- Insurance: Up to $8 million via partner banks
- Minimum Deposit: $1
- Access: Web + mobile, includes debit card
- Notable Details: Uses a sweep program across up to 20 partner banks to multiply FDIC coverage; also integrates with brokerage features.
6. MyBankingDirect Online Savings
- APY: 4.30%
- Insurance: FDIC
- Minimum Deposit: $500
- Access: Online only
- Notable Details: Operated by Flagstar Bank, this account is a traditional savings product with no ATM access but strong rate consistency.
7. Barclays Online Savings
- APY: 3.70%
- Insurance: FDIC
- Minimum Deposit: $0
- Access: Online + mobile
- Notable Details: No ATM card, but unlimited online transfers and a longstanding reputation for keeping APYs among the national leaders.
8. LendingClub High-Yield Savings
- APY: 4.40%
- Insurance: FDIC
- Minimum Deposit: $250+
- Access: Online + mobile, ATM card included
- Notable Details: Offers free ATM access and pays interest on all balances with no tiers; part of a fintech-bank hybrid setup.
9. EverBank Yield Pledge Savings
- APY: 4.30%
- Insurance: FDIC
- Minimum Deposit: $0
- Access: Full-service online banking
- Notable Details: Includes a “yield pledge” promising to keep the rate within the top 5% of competitive banks nationally.
10. SoFi Checking & Savings (with Direct Deposit)
- APY: 3.80%
- Insurance: up to $250,000 per member (joint accounts are insured up to $500,000)
- Minimum Deposit: $0
- Access: Full mobile/desktop suite, debit card included
- Notable Details: Combines checking and savings in one account with budgeting tools, paycheck advances, and round-up transfers.
In Summary
If you're still earning under 1% on your savings, you're falling behind. Every account on this list offers at least 10x the national average APY, while maintaining deposit insurance and no monthly fees.
This list doesn’t aim to evaluate every possible feature — just the single number that matters most for idle cash: Annual Percentage Yield.
Disclosures
This content is provided for general informational purposes only and should not be construed as a solicitation or recommendation to buy or use any financial product or service.
Global Predictions Inc. does not receive compensation from any financial institutions listed in this article for placement or inclusion. This article is not a sponsored post or paid endorsement.
The accounts listed were ranked solely by stated APY as of June 16, 2025. Features such as customer service, account features, and liquidity were not considered. Rates are subject to change and were verified using publicly available sources.
