In today’s fast-paced economy, letting your money sit in a traditional savings account with low interest is simply not enough. If you’re serious about growing your savings in 2025, high-yield savings accounts (HYSAs) are your best bet. These accounts offer significantly higher interest rates than regular savings accounts—sometimes up to 10x more.
We’ve researched and compiled a list of the top 10 high-yield savings accounts offering the best interest rates this year. These banks are safe, trusted, and insured by the FDIC or NCUA.
🏆 1. Poppy Bank – 5.50% APY
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Minimum Deposit: $1,000
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Monthly Fees: $0
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Why It Stands Out: Poppy Bank consistently offers one of the highest interest rates in the country, making it ideal for savers with a moderate initial deposit.
💸 2. Milli Online Savings – 5.50% APY
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Minimum Deposit: None
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Monthly Fees: $0
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Why It Stands Out: With no minimum balance, Milli is perfect for both new and experienced savers looking for maximum flexibility.
🌐 3. CloudBank 24/7 – 5.50% APY
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Minimum Deposit: $1
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Monthly Fees: $0
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Why It Stands Out: Offers a high APY with easy online access and very low barriers to entry.
🔐 4. EverBank Performance Savings – 5.50% APY
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Minimum Deposit: $0
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Monthly Fees: $0
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Why It Stands Out: Combines no minimum requirement with one of the highest interest rates available.
💼 5. My Banking Direct – 5.35% APY
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Minimum Deposit: $500
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Monthly Fees: $0
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Why It Stands Out: Backed by Flagstar Bank, it’s great for people looking to boost savings without hidden charges.
🔒 6. BrioDirect High-Yield Savings – 5.35% APY
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Minimum Deposit: $5,000
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Monthly Fees: $0
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Why It Stands Out: Offers excellent returns for those with larger starting balances.
🏦 7. Newtek Bank – 5.25% APY
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Minimum Deposit: None
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Monthly Fees: $0
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Why It Stands Out: A solid digital bank offering competitive rates with no balance requirements.
💳 8. UFB Direct – 5.25% APY
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Minimum Deposit: $0
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Monthly Fees: $0
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Why It Stands Out: High rates, easy access, and mobile-first design make it ideal for tech-savvy users.
📈 9. CIT Bank Savings Connect – 4.65% APY
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Minimum Deposit: $100
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Monthly Fees: $0
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Why It Stands Out: Combines a well-known brand with above-average rates and low minimums.
🏛️ 10. Marcus by Goldman Sachs – 4.50% APY
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Minimum Deposit: $0
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Monthly Fees: $0
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Why It Stands Out: Trusted by millions and backed by a leading name in finance, this account is great for security-focused savers.
📊 Comparison Table
| Bank | APY | Min Deposit | Monthly Fees |
|---|---|---|---|
| Poppy Bank | 5.50% | $1,000 | $0 |
| Milli Savings | 5.50% | $0 | $0 |
| CloudBank 24/7 | 5.50% | $1 | $0 |
| EverBank | 5.50% | $0 | $0 |
| My Banking Direct | 5.35% | $500 | $0 |
| BrioDirect | 5.35% | $5,000 | $0 |
| Newtek Bank | 5.25% | $0 | $0 |
| UFB Direct | 5.25% | $0 | $0 |
| CIT Bank Savings | 4.65% | $100 | $0 |
| Marcus by Goldman Sachs | 4.50% | $0 | $0 |
💡 Why Choose a High-Yield Savings Account?
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Higher Returns: Earn much more than the national average.
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FDIC/NCUA Insured: Your money is safe up to $250,000.
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Flexible Access: Withdraw anytime without penalties.
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No Risk: Unlike investments, your balance never drops.
🚀 Final Thoughts
High-yield savings accounts are one of the smartest, safest ways to grow your money passively in 2025. Whether you’re saving for an emergency fund, a vacation, or a home down payment, these top options can help your savings work harder for you.
👉 Don’t wait! Open a high-yield savings account today and start earning more interest on your money.