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What bank is paying the highest interest right now?

Published in Bank Interest Rates 1 min read

Currently, BrioDirect is paying the highest interest rate among leading high-yield savings accounts.

High-yield savings accounts typically offer significantly higher interest rates than traditional savings accounts, making them an attractive option for growing your savings. These accounts are often available through online-only banks, which tend to have lower overhead costs, allowing them to pass on higher interest rates to their customers.

Top High-Yield Savings Account Rates

Based on recent data, here are some of the banks offering the highest Annual Percentage Yields (APYs) for their high-yield savings accounts:

Bank Name Annual Percentage Yield (APY)
BrioDirect 4.85%
LendingClub Bank 4.75%
Bread Savings 4.65%
Popular Direct 4.60%
Bask Bank 4.50%
EverBank 4.40%
CIBC Bank USA 4.38%
TAB Bank 4.37%

It's important to note that interest rates, especially for high-yield savings accounts, can fluctuate frequently based on market conditions and economic factors. While the information above reflects current top offerings, it's always advisable to check a bank's official website for the most up-to-date rates before opening an account.