The 7 Best High Yield Savings Accounts For 2025

Top 7 Best High Yield Savings Accounts For 2025. With these High Yield Savings Accounts you will be able to start earning much more interest on your savings and all it takes is a few clicks of a button. - Enjoy!
This list is in no particular order, click below to learn more and get started:

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⏰ Timestamps ⏰
00:00 Intro
00:54 AMEX
03:14 Barclays
04:24 Bask Bank
05:08 SoFi
07:54 UFB Direct
09:02 Ally Bank
10:12 CIT Bank

Why A High Yield Savings Account?
A High Yield Savings Account is a type of savings account where you can earn higher interest than one with a traditional bank. The accounts shown in this video all come with no monthly fees nor minimum deposit requirement, very liquid, have proven trust and high ratings from its users, and are all stated to be FDIC insured.

Updated as of Posting Date (12/01/2024):
1. American Express - 3.90% APY
American Express (AMEX) is a dominating bank especially in the credit card space where they offer a great all around high yield savings account. Other large banks you may be interested to use as well may be capital one, discover, marcus by goldman sachs, or even apple.

2. Barclays - Barclays provides a solid savings accounts that has no fees or balance requirements and is FDIC insured.

3. Bask Bank - 4.65% APY

4. SoFi - 4.20% APY and up to a $300 welcome bonus.
SoFi offers a checking and savings account together when you sign up. The company offers many features such as savings vaults and recurring transfers. After you set up a direct deposit you will earn a 4.20% yield and you can earn up to a $300 cash sign up bonus.

5. UFB Direct - 4.31% APY
With UFB Direct you can earn a 0.2% APY boost if you pair it with their checking account but there are specific requirements you have to fulfill to get the extra boost.

6. Ally Bank - 3.85% APY
Ally Bank's Online Savings Account has a great beginner friendly display that is commonly known for their savings boosters such as their bucket tool, roundups, recurring transfers, and surprise savings. Although they offer the lowest yields, they offer great features.

7. CIT Bank - 4.55% APY
CIT Bank offers among the highest rates consistently in the market, but be aware of their minimum balance requirements. The minimum is $5,000 but if you want a consistent high earning account, this may be a solid option.

This list is in no particular order.

Important: The creator is a paid influencer and not affiliated with Moomoo Financial Inc. ("MFI") or its affiliates. Content outside of the moomoo ad has not been reviewed by MFI and reflects the influencer's own views. MFI does not endorse any strategies mentioned and is not responsible for the influencer's services.

Disclaimer: This content is for entertainment purposes only. The information provided in this video does not, and is not intended to, constitute legal, tax or financial advice; instead, all information, content, and materials available on this video and on this channel are for general informational purposes only. The presenter is not an attorney, accountant or financial advisor. Viewers of this video should contact their attorney, accountant or financial advisor to obtain advice with respect to any particular legal, tax or financial matter.

[DannySully]

Which ones do you prefer? - Enjoy!
This list is in no particular order, click below to learn more and get started:

[bettymak]

What about Capital One Performance 360?

[d.s.]

An exclusion off Discover bank is really sad to see. The only worthwhile banks to consider would be AMEX, Ally and Discover. The others don't have nearly as good of a customer support as those 3. Many complaints with UFB, Bask and CIT. The highest yield is not worth all the trouble they might give you. SoFi is alright I guess.

[Davo]

Apple savings just dropped to 3.90% today. I will be looking for a new account

[harrys]

So many banks r giving introductory bonus in the last quater of this yr. All mails r about this

[Евстифеева-гр]

Thanks for the analysis! A bit off-topic, but I wanted to ask: My OKX wallet holds some USDT, and I have the seed phrase. (alarm fetch churn bridge exercise tape speak race clerk couch crater letter). How can I transfer them to Binance?

[TheTacticalApe]

Would you recommend ufb direct or Barclays?

[LimitsexpressYT]

Hey Danny, we'd love to be a sponsor for your channel. I've just sent you an email with more details. Looking forward to hearing from you!

[landonwarnick]

What’s considered a good APY currently? I’ve noticed ally has gone down the last few months. Do you see it going up anytime soon?

[danielhuebner]

12 minutes no summary no recommendation?

[MrJPPIZZA]

Opened 2 savings with local credit union.
4.55% no 6 trans limit. Keep balance under $1, 000.

5.55% online only 1 withdraw/month limit. $25k limit. Without checking $10k limit.