10 Best High-Yield Savings Accounts Of November 2025: Up To 5.00% APY

Synchrony High-Yield Savings is a great option if you’re looking for a stand-alone savings account. It offers a competitive interest rate, few fees or minimums and access to ATMs (which not all savings accounts do). With a high yield, robust customer service features and few fees, the account offers a solid package for savers looking for a new emergency fund that’s not attached to a checking account. (Synchrony doesn’t offer one.)

Keep in mind, though, that Synchrony is an online-only bank, making it less useful for folks who prioritize in-person communication or who want to deposit cash.

• Earn an APY of 3.80% that compounds daily.
• No monthly maintenance fee, required minimum deposits or overdraft fees.
• No incoming wire transfer fees, though you’ll owe $25 for domestic wires. (No international wires available.)
• Access to ATM card, and no-fee options through the Plus or Accel networks. Receive up to $5 per statement in reimbursements on ATMs used in the U.S.
• Limited to 6 withdrawals per month, though that doesn’t count ATM withdrawals. After that, your withdrawals will be denied, but there is no fee.
• 24/7 customer service available via the phone and there’s a chatbot that can connect you to a human representative.

If you’re looking for a high-yield savings account from one of the nation’s largest financial institutions, this Amex product might be right for you. American Express offers the advantages of a large financial institution, including easy-to-use digital banking features and good customer service. The account charges few fees, and the yield is much higher than that of many national banks. However, the account doesn’t offer ATM access, making it less flexible for savers.

Overall, American Express offers a solid digital banking experience and scores well on independent customer service metrics, making it an ideal fit for someone chiefly concerned with the ease of using an account.

• You’ll earn Annual Percentage Yield, APY ($0 Minimum to earn APY, rates as of 7/23/2025) on all balances, with interest compounding daily.
• There are no monthly maintenance fees, no minimum deposit requirement and you can open an account with any amount.
• Overdrafts are not allowed, and there’s no fee.
• There’s no access to ATMs or checks, but wire transfers are permitted..
• There’s no transaction limit.
• You can reach customer service 24/7, including via the mobile app.

Capital One 360 Performance Savings is an excellent choice if you’re looking for a high-yield savings account with the ability to bank in person while avoiding most fees and minimum requirements.

This is the only bank on our list that has hundreds of banking branches, including its cafes, while also offering a competitive yield on its savings products. If you want to have the option of talking to a human in the flesh, this savings account may be right for you.

• You’ll earn 3.40% on all balances and interest compounds monthly.
• There’s no monthly maintenance or overdraft fee, though you’re not allowed to overdraft on your account.
• No minimum balance requirement to open an account or earn interest.
• Outgoing domestic wire transfers cost $30; international outgoing wires cost $40 and need to be completed at a branch.
• The savings account doesn’t come with an ATM card; you’ll need a checking account, as well.
• You are limited to 6 withdrawals per month. However, that limit is currently not being enforced, according to the account disclosure.
• Customer service available by phone 24/7.

The Varo Savings Account, which requires a Varo checking account to open, made our list thanks to its lack of fees and generous APY. With this fee-free account, all balances earn a 2.50% APY. However, account holders who receive at least $1,000 in direct deposit each month and maintain a positive balance in both their bank and savings accounts qualify for 5.00% APY on their first $5,000.

The account is a solid option for savers looking to avoid fees while earning a competitive yield and who are also in the market for a checking account or are willing to open one.

• To earn 2.50% APY, customers must receive total direct deposits of $1,000 or more within each qualifying period and have a positive balance in both savings and checking accounts at the end of the calendar month. All balances above $5,000 earn an APY of 5.00%.
• Interest on the Varo Savings Account is compounded daily and credited monthly.
• The account can only be owned by one person, which means there are no joint accounts.
• There are no fees associated with the account, and Varo doesn’t allow for overdrafts. If you request more than you have, Varo will decline the request.
• Varo doesn’t allow for wire transfers.
• You can withdraw your finances with electronic transfers through the app, but ATM access isn’t available.
• In order to take advantage of the automatic savings features (Save Your Change and Save Your Pay), you’ll need to use a Varo Bank account.

The Marcus by Goldman Sachs High-Yield Online Savings account is a solid account for folks who want to avoid fees, earn an attractive yield and take advantage of 24/7 customer service.

You’ll earn a tidy yield on your savings, and you won’t have to deal with maintenance fees or minimum deposits. That makes this account a good choice for someone looking to park cash for a future need. Plus, Marcus customers have access to 24/7 customer service and have reported high levels of satisfaction in independent analysis, such as the 2024 J.D. Power U.S. Direct Banking Satisfaction Study.

However, Marcus doesn’t offer a checking account, so full-service banking isn’t an option, and you can’t access your funds via an ATM, making the account less convenient.

• You’ll earn a yield of 3.65% APY on all balances, up to maximum balance limits on all balances and interest compounds daily.
• There’s no minimum balance requirement and no monthly maintenance fee. Marcus doesn’t impose a fee for outgoing or incoming wire transfers, although you can only send a transfer to an account you own at another bank.
• No access to ATMs, so you shouldn’t use this account if you think you’ll need to dip into your savings in a pinch.
• Still, you can make as many transfers out of your savings account as you wish.
• Customer service via the phone is available 24/7, and existing customers can use the chatbot for instant communication.

SoFi Checking and Savings Account is a no-fee account with perks. As its name suggests, this is a combined checking and savings account that earns interest on both savings and checking balances. This account is an attractive option for those who enjoy digital banking and like the idea of having their checking and savings in one place.

SoFi pays respectable APYs on both the savings and checking portions of your balance (with savings balances earning the highest interest) and offers additional FDIC insurance up to $3 million. You can also qualify for no-fee overdraft coverage and early paycheck receipt.

This account likely won’t be a good fit for anyone who doesn’t want to deposit their pay. Signing up for direct deposit is required to unlock all account features and the highest interest rate.

Fees:

• Outbound wire transfer: $30
• Cash deposit: up to $4.95 (charged by retailers)

*Earn up to 4.50% Annual Percentage Yield (APY) on SoFi Savings with a 0.70% APY Boost (added to the 3.80% APY as of 8/5/25) for up to 6 months. Open a new SoFi Checking & Savings account with Eligible Direct Deposit by 1/31/26. Rates variable, subject to change. Terms apply at sofi.com/banking#2. SoFi Bank, N.A. Member FDIC.

¹SoFi members who enroll in SoFi Plus with Eligible Direct Deposit or by paying the SoFi Plus Subscription Fee every 30 days or SoFi members with $5,000 or more in Qualifying Deposits during the 30-Day Evaluation Period can earn 3.80% annual percentage yield (APY) on savings balances (including Vaults) and 0.50% APY on checking balances. There is no minimum Eligible Direct Deposit amount required to qualify for the stated interest rate. Members without either SoFi Plus or Qualifying Deposits, during the 30-Day Evaluation Period will earn 1.00% APY on savings balances (including Vaults) and 0.50% APY on checking balances. Interest rates are variable and subject to change at any time. These rates are current as of 1/24/25. There is no minimum balance requirement. If you have satisfied Eligible Direct Deposit requirements for our highest APY but do not see 3.80% APY on your APY Details page the day after your Eligible Direct Deposit arrives, please contact us at 855-456-7634. Additional information can be found at http://www.sofi.com/legal/banking-rate-sheet. See the SoFi Plus Terms and Conditions at https://www.sofi.com/terms-of-use/#plus. 

²SoFi Bank is a member FDIC and does not provide more than $250,000 of FDIC insurance per depositor per legal category of account ownership, as described in the FDIC’s regulations. Any additional FDIC insurance is provided by the SoFi Insured Deposit Program. Deposits may be insured up to $3M through participation in the program. See full terms at SoFi.com/banking/fdic/sidpterms. See list of participating banks at SoFi.com/banking/fdic/participatingbanks.

³SoFi does not charge any account, service or maintenance fees for SoFi Checking and Savings. SoFi does charge a transaction fee to process each outgoing wire transfer. SoFi does not charge a fee for incoming wire transfers, however the sending bank may charge a fee. Our fee policy is subject to change at any time. See the SoFi Checking & Savings Fee Sheet for details at sofi.com/legal/banking-fees/.

⁴Early access to direct deposit funds is based on the timing in which we receive notice of impending payment from the Federal Reserve, which is typically up to two days before the scheduled payment date, but may vary.

⁵Overdraft Coverage is limited to $50 on debit card purchases only and is an account benefit available to customers with Eligible Direct Deposits of $1,000 or more during the current 30-day Evaluation Period as determined by SoFi Bank, N.A. The 30-Day Evaluation Period refers to the “Start Date” and “End Date” set forth on the APY Details page of your account, which comprises a period of 30 calendar days (the “30-Day Evaluation Period”). You can access the APY Details page at any time by logging into your SoFi account on the SoFi mobile app or SoFi website and selecting either (i) Banking > Savings > Current APY or (ii) Banking > Checking > Current APY. Members with a prior history of non-repayment of negative balances are ineligible for Overdraft Coverage.

⁶We’ve partnered with Allpoint to provide you with ATM access at any of the 55,000+ ATMs within the Allpoint network. You will not be charged a fee when using an in-network ATM, however, third-party fees incurred when using out-of-network ATMs are not subject to reimbursement. SoFi’s ATM policies are subject to change at our discretion at any time.

Ally Savings is a well-rounded savings account that charges few fees and offers a competitive yield, though it’s outshined by other winners. It also offers 24/7 customer service, as well as live chat, making it easy to resolve issues.

The combination of available customer service, solid yields and low fees (as well as tools to help you meet your savings goals) make it a great option for most savers. Its “buckets” feature can help you save for specific purchases or needs. However, you can’t deposit cash.

Consider this account if you prefer digital banking, prioritize low fees and accessible customer service, and want one of the highest yields on the market.

• All balances earn 3.40% APY that compounds daily.
• No monthly maintenance fees, required minimums or overdraft charges.
• $20 fee for domestic outgoing wire transfers, no fee for incoming wires.
• Doesn’t come with an ATM card.
• Limited to 10 withdrawals per month, though there are no fees for excess transactions. If you continually go above the limit, though, Ally may close your account.
• 24/7 customer service representatives available by phone, as well as live chat.

The UFB Direct Freedom Checking and Savings bundle topped our list as the best account for ATM access. Although UFB Direct is an online-only bank, it offers an extensive fee-free ATM network of approximately 91,000 locations across the country, allowing you to conveniently withdraw funds from your account.

The account offers a base APY of 2.00% APY, but when combined with a Freedom Checking account, it earns up to 3.96% APY when the following are met:

• Set up direct deposits that total $5,000 monthly (0.05% APY)
• Maintain a minimum balance of $10,000 (0.10% APY)
• Make 10 approved debit card transactions per statement cycle (0.05% APY)

The Presidential Bank Advantage Savings account is a solid option for savers looking to open both a checking and savings account and score highly competitive rates. With an Advantage Checking account (which earns 4.62% APY), the Advantage Savings account earns a highly generous rate of 4.50% APY. Without a linked checking account, however, it earns 4.00%.

The account requires a hefty opening deposit of $5,000 but has no monthly fee.

If you’re looking for a stand-alone savings account that earns an impressive yield, the First Foundation Bank Online Savings account could be the right choice for you. The account earns a competitive rate of 4.10% APY on all balances and has no monthly maintenance fee to offset any interest you gain.

A minimum deposit of $1,000 is required, however. This relatively high minimum deposit requirement could prevent beginner savers from opening an account.