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.