Best High-Yield Savings Accounts of 2026

High-yield savings accounts offer significantly better APY than traditional banks. These accounts deliver the best returns on your cash with minimal fees.

How We Rank

Accounts are ranked using category-specific criteria. Each account earns points for APY, fee structure, and features that matter most for this use case. Learn more about our methodology →

#1

Wealthfront Cash Account from Wealthfront offers a competitive 4.20% APY with no monthly fees and no minimum balance requirement. Interest compounds daily and the account is FDIC insured.

Why it's #1

  • Strong 4.20% APY
  • No monthly fees
  • FDIC insured
APY4.20%
Monthly FeeNone
Min Deposit$0
FDICYes
#2

CIT Bank Platinum Savings from CIT Bank offers 3.75% APY with no monthly fees and a $100 minimum opening deposit. Interest compounds daily and the account is FDIC insured.

Why it's #2

  • Competitive 3.75% APY
  • No monthly fees
  • FDIC insured
APY3.75%
Monthly FeeNone
Min Deposit$100
FDICYes
#3

Barclays Tiered Savings Account from Barclays offers 3.65% APY with no monthly fees and no minimum balance requirement. Interest compounds daily and the account is FDIC insured.

Why it's #3

  • Competitive 3.65% APY
  • No monthly fees
  • FDIC insured
APY3.65%
Monthly FeeNone
Min Deposit$0
FDICYes
#4

CIT Bank Savings Connect Account from CIT Bank offers 3.65% APY with no monthly fees and a $100 minimum opening deposit. Interest compounds daily and the account is FDIC insured.

Why it's #4

  • Competitive 3.65% APY
  • No monthly fees
  • FDIC insured
APY3.65%
Monthly FeeNone
Min Deposit$100
FDICYes
#5

Marcus by Goldman Sachs High Yield Savings from Goldman Sachs offers 3.40% APY with no monthly fees and no minimum balance requirement. Interest compounds daily and the account is FDIC insured.

Why it's #5

  • Competitive 3.40% APY
  • No monthly fees
  • FDIC insured
APY3.40%
Monthly FeeNone
Min Deposit$0
FDICYes
#6

Synchrony High Yield Savings from Synchrony offers 3.40% APY with no monthly fees and no minimum balance requirement. Interest compounds daily and the account is FDIC insured.

Why it's #6

  • Competitive 3.40% APY
  • No monthly fees
  • FDIC insured
APY3.40%
Monthly FeeNone
Min Deposit$0
FDICYes
#7

UFB Secure Savings

by UFB Direct

UFB Secure Savings from UFB Direct offers 3.26% APY with no monthly fees and no minimum balance requirement. Interest compounds daily and the account is FDIC insured.

Why it's #7

  • Competitive 3.26% APY
  • No monthly fees
  • FDIC insured
APY3.26%
Monthly FeeNone
Min Deposit$0
FDICYes
#8

American Express High Yield Savings from American Express offers 3.10% APY with no monthly fees and no minimum balance requirement. Interest compounds daily and the account is FDIC insured.

Why it's #8

  • Competitive 3.10% APY
  • No monthly fees
  • FDIC insured
APY3.10%
Monthly FeeNone
Min Deposit$0
FDICYes
#9

SoFi Checking and Savings from SoFi offers 3.10% APY with no monthly fees and no minimum balance requirement. Interest compounds daily and the account is FDIC insured.

Why it's #9

  • Competitive 3.10% APY
  • No monthly fees
  • FDIC insured
APY3.10%
Monthly FeeNone
Min Deposit$0
FDICYes
#10

Ally Bank High Yield Savings from Ally Bank offers 3.00% APY with no monthly fees and no minimum balance requirement. Interest compounds daily and the account is FDIC insured.

Why it's #10

  • Competitive 3.00% APY
  • No monthly fees
  • FDIC insured
APY3.00%
Monthly FeeNone
Min Deposit$0
FDICYes