Investing Simple Logo
Menu
Get 1 Free Stock Worth Up To $200 From Robinhood!
Sign up with Robinhood, deposit any amount and get 1 Free Stock. It takes less than 3 minutes to sign up and claim your Free Stock Bonus.
Earn 5.00% APY with M1 High-Yield Savings Account
M1 Plus members can earn 5.00% APY on their deposits with no minimum balance required.
Webull free stock promotion
Get Up To 5 Free Stocks From Webull
Open a new Webull brokerage account today and deposit any amount of money to receive 5 free stocks. Webull offers commission free stock, ETF, option and crypto trading.
Written by Ben Scribner on April 2, 2023
Category: 
FTC Disclosure: Some of the links on this site are affiliate links. Read our full disclaimer here.

Top 10 Banks With High Yield Savings Accounts

When it comes to saving money, one of the best ways to maximize your earnings is through a high-yield savings account.

These accounts offer higher interest rates than traditional savings accounts, allowing you to earn more money on your savings over time.

In this article, we will be ranking the top 10 banks with the highest yield savings accounts, in order from highest to lowest.

Be sure to check the official bank website for the most current rates!

1. Vio Bank

Vio Bank offers a high-yield savings account with an APY of 1.15%.

There is no monthly maintenance fee, and the account requires a minimum deposit of just $100 to open.

2. Axos Bank

Axos Bank offers a high-yield savings account with an APY of 1.10%.

There is no monthly maintenance fee, and the account requires a minimum deposit of just $250 to open.

3. Synchrony Bank

Synchrony Bank offers a high-yield savings account with an APY of 1.05%.

There is no monthly maintenance fee, and the account requires a minimum deposit of just $0.01 to open.

4. Ally Bank

Ally Bank offers a high-yield savings account with an APY of 1.00%.

There is no monthly maintenance fee, and the account requires a minimum deposit of just $0.01 to open.

5. Marcus by Goldman Sachs

Marcus by Goldman Sachs offers a high-yield savings account with an APY of 0.80%.

There is no monthly maintenance fee, and the account requires a minimum deposit of just $0.01 to open.

6. CIT Bank

CIT Bank offers a high-yield savings account with an APY of 0.75%.

There is no monthly maintenance fee, and the account requires a minimum deposit of just $100 to open.

7. Discover Bank

Discover Bank offers a high-yield savings account with an APY of 0.70%.

There is no monthly maintenance fee, and the account requires a minimum deposit of just $0.01 to open.

8. American Express National Bank

American Express National Bank offers a high-yield savings account with an APY of 0.60%.

There is no monthly maintenance fee, and the account requires a minimum deposit of just $0.01 to open.

9. Barclays Bank Barclays

Bank offers a high-yield savings account with an APY of 0.50%.

There is no monthly maintenance fee, and the account requires a minimum deposit of just $0.01 to open.

10. Capital One 360

Capital One 360 offers a high-yield savings account with an APY of 0.50%.

There is no monthly maintenance fee, and the account requires a minimum deposit of just $0.01 to open.

Conclusion

In conclusion, if you are looking for a high-yield savings account to help you save money and earn interest, there are many options available.

The above banks are just a few of the top options to consider, with Vio Bank offering the highest APY at 1.15%, followed by Axos Bank at 1.10%.

Keep in mind that interest rates are subject to change and may vary based on your account balance and other factors, so be sure to research your options carefully and choose the best account for your needs.

Don't forget to grab your free stock worth up to $200 from Robinhood today!

Article written by Ben Scribner

Read more

Power Your Investing

Choosing the right product and service is essential for your investing. Here are some of the tools and services to help your portfolio grow.
Robinhood
Robinhood provides an easy-to-use free trading platform for beginner investors. Robinhood has $0 account minimums. Get a free stock when you open an account below.
Try Robinhood
M1 Finance
M1 Finance offers a free investing platform where users can build portfolios of stocks and ETFs. Users can also choose from a variety of pre-built portfolios offered for free.
Try M1 Finance
Fundrise
Passively invest in private real estate deals with as little as $10. Fundrise allows you to own residential and commercial real estate across the U.S. starting at a 1% annual fee.
Try Fundrise
Copyright © 2018 – 2023 Investing Simple LLC. All Rights Reserved.
Investing Simple is a financial publisher that does not offer any personal financial advice or advocate the purchase or sale of any security or investment for any specific individual. Members should be aware that investment markets have inherent risks, and past performance does not assure future results. Investing Simple has advertising relationships with some of the offers listed on this website. The information on Investing Simple could be different from what you find when visiting a third-party website. All products are presented without warranty. For more information, please read our full disclaimer.
Website managed by Stallion Cognitive™
magnifiermenuchevron-downcross-circlechevron-down-circle

Get 1 Free Stock Worth Up To $200 From Robinhood!

Don't Miss This Opportunity!

Investing Simple readers can claim a free stock from Robinhood worth up to $200 when they open a brokerage account and deposit any amount.

For US Residents only. Investing Simple is affiliated with Robinhood, and we may earn a commission when you sign up for Robinhood.

18749
linkedin facebook pinterest youtube rss twitter instagram facebook-blank rss-blank linkedin-blank pinterest youtube twitter instagram