Best High-Yield Savings Accounts in the US in 2025

In 2025, with a sustained high-interest-rate environment, the conversation around savings has shifted dramatically.

Gone are the days when a traditional bank account offered a negligible return.

Today, a High-Yield Savings Account (HYSA) is a must-have for anyone serious about growing their emergency fund or saving for a short-term goal.

An HYSA is essentially a savings account that pays a significantly higher Annual Percentage Yield (APY) than the national average, often 10 to 20 times more.

The best HYSAs are typically offered by online-only banks, which have lower overhead costs and can pass those savings on to consumers in the form of higher interest rates.

This article is your comprehensive guide to the best HYSAs in the US for 2025.

The Top High-Yield Savings Accounts of 2025

Ally Bank

Best For: The Best Overall User Experience

Ally Bank has long been a favorite in the online banking world, and for good reason.

It consistently offers a competitive APY, has a user-friendly platform, and is known for its excellent customer service.

It’s an ideal choice for someone who wants a reliable, full-featured digital banking experience.

Key Features: Ally’s HYSA has no monthly fees and no minimum balance requirements. Its mobile app and website are intuitive, making it incredibly easy to manage your money. You can open and fund an account in minutes, and its 24/7 customer service is a standout feature for an online bank.

Added Value: One of Ally’s most popular features is its ability to create “Savings Buckets.” This allows you to split your savings into different categories (e.g., “Emergency Fund,” “Vacation,” “New Car”) without needing to open multiple accounts. This organizational tool is fantastic for staying on top of your financial goals.

For 2025, Ally’s combination of a great APY, zero fees, and an excellent user experience makes it a top choice for a wide range of savers.

Marcus by Goldman Sachs

Best For: Simplicity, Transparency, and No Fees

If your priority is a simple, no-nonsense savings account from a reputable name, then Marcus by Goldman Sachs is an excellent option.

This is the online banking arm of the investment giant, and it embodies a streamlined, transparent approach to personal finance.

Key Features: Marcus is famous for its no-fee policy. There are no monthly fees, no fees for wire transfers, and no penalties for early withdrawals (though withdrawal limits may apply). It also has no minimum balance requirements to open or earn the stated APY. Its interface is clean and straightforward, perfect for a consumer who wants to save without distractions.

Added Value: Marcus often offers a referral bonus program, allowing you and a friend to earn an even higher APY for a limited time. Its reputation as being backed by Goldman Sachs gives it an extra layer of trust and security.

For 2025, Marcus continues to be a leader for its high-yield rates and its commitment to being a completely fee-free platform.

Synchrony Bank

Best For: The Highest APY Chasers

Synchrony Bank is a powerhouse in the online savings space, known for frequently offering one of the highest APYs on the market.

If your primary goal is to get the absolute best return on your money and you don’t mind a simple platform, Synchrony is a strong contender.

Key Features: Synchrony’s HYSA boasts a very competitive APY with no monthly fees and no minimum balance. What sets it apart from many other online-only banks is the option to get an ATM card, allowing you to access your funds quickly from a participating network of ATMs.

Added Value: Synchrony offers a variety of other high-yield products, including Certificates of Deposit (CDs), which can be useful for diversifying your savings strategy. They also have a popular referral program that can boost your APY.

In 2025, for the savvy saver who is actively seeking out the highest possible return, Synchrony’s consistently competitive rates make it an undeniable frontrunner.

Capital One 360 Performance Savings

Best For: Integration with a Full-Service Banking Experience

While many of the top HYSAs are from online-only banks, Capital One 360 Performance Savings offers the best of both worlds: the high interest rates of a digital account with the convenience of a full-service bank.

Key Features: The Capital One 360 account offers a competitive APY, has no monthly fees, and has no minimum balance. It also provides seamless integration with a Capital One 360 Checking Account, making transfers instant and easy.

Added Value: A major benefit is the ability to walk into a Capital One physical branch or a Capital One Café for assistance, which is a rare perk for a high-yield account. The mobile app also allows you to create multiple savings goals within the same account, similar to Ally’s “Buckets.”

For 2025, Capital One 360 is an excellent choice for a saver who wants a great APY but also values the security and convenience of having access to a brick-and-mortar institution.

Discover Bank

Best For: A Full-Service Digital Banking Ecosystem

Discover Bank is another strong player that offers a comprehensive online banking experience. Known for its excellent customer service and its rewards-based credit cards, Discover’s HYSA is a reliable and rewarding choice.

Key Features: Discover Bank’s HYSA offers a solid APY with no monthly fees and no minimum balance requirements. Its platform is user-friendly and highly rated.

Added Value: What makes Discover stand out is its robust ecosystem. If you also have a Discover checking account, you can earn 1% cash back on debit card purchases. This combination of high-yield savings and rewards checking makes it a powerful option for a consumer who wants to do all their banking in one place.

In 2025, Discover Bank’s combination of a good APY, zero fees, and its excellent customer service makes it a fantastic all-in-one digital banking solution.

Key Factors to Consider When Choosing an HYSA

With so many great options, it’s important to know what to look for beyond just the APY.

Annual Percentage Yield (APY): This is the most crucial factor, as it determines how much interest you’ll earn. Remember that APYs are variable and can change, so it’s a good practice to check rates periodically.

Fees: A great HYSA should have no monthly fees that can eat into your earnings. Also, check for other fees, such as for excessive withdrawals or wire transfers.

Minimum Balance: Look for an account with no minimum balance to open and no minimum to earn the stated APY. All of our top choices meet this criterion.

Accessibility and FDIC Insurance: Since most HYSAs are online-only, transfers to and from an external bank can take a few business days. However, all reputable HYSAs are FDIC-insured up to the legal limit of $250,000 per depositor, guaranteeing your money’s safety.

Customer Service and Tools: The quality of the mobile app and customer support can make a big difference in your day-to-day banking experience.

The high-yield savings account market of 2025 is filled with excellent options. The “best” account isn’t universal; it’s the one that best suits your individual needs.

• For the user who wants an unbeatable digital experience with great organizational tools, Ally Bank is a top contender.
• For the saver who values simplicity, transparency, and a clean interface, Marcus by Goldman Sachs is a perfect fit.
• For those who prioritize chasing the highest possible rate and don’t mind a straightforward platform, Synchrony Bank is your best bet.
• If you want a great APY with the option to visit a physical branch, Capital One 360 offers the ideal hybrid model.
• For those seeking a full digital banking ecosystem with excellent customer service, Discover Bank is a great all-in-one solution.

The most important step is to choose an account, open it, and start saving. The power of a high APY and compound interest will ensure that your money is working hard for you, no matter which of these top-tier options you choose.