Best High-Yield Savings Accounts of February 2025

• Editor's Pick

Axos ONE® Savings and Checking Bundle

• APYUp to 4.86% More Info

  Earn up to 4.86% APY on savings, and 0.51% APY on checking when you meet requirements.

• Intro BonusN/A
• Minimum
  Deposit RequiredN/A
• Monthly
  Maintenance Fee$0

• Product Details

  • Earn up to 4.86% APY on savings, and 0.51% APY on checking when you meet requirements.
  • It's easy to earn the boosted rates for One Savings (4.86% APY*) and One Checking (0.51% APY*). In your Axos One checking account, receive qualifying monthly direct deposits of at least $1,500 in total by the 25th of each month and maintain an average daily balance of $1,500.
  • Get your money up to 2 days early. You’ve earned it, so start earning on it.
  • No monthly maintenance, minimum balance, account opening, or overdraft fees.
  • We’ve got you covered. Access expanded FDIC Insurance for up to $250 million.
  • Access a network of over 95,000 fee-free ATMs.
  • Manage all your bank accounts from one place in the Axos app.
  • Link external accounts in the app to move your money seamlessly.

• Why We Like It

  Assuming you can meet the requirements to earn its boosted interest rate, the Axos ONE® bundle offers competitive APYs on both checking and savings balances. While the base rates aren't quite as impressive, the lack of a monthly maintenance fee or minimum opening deposit requirement make it easy to recommend if you want to maximize your interest earnings.

• Editor's Pick

SoFi Checking and Savings

• APY0.50% - 3.80% More Info

  SoFi members who enroll in SoFi Plus with Direct Deposit or by paying the SoFi Plus Subscription Fee every 30 days or with $5,000 or more in Qualifying Deposits during the 30-Day Evaluation Period can earn 3.80% annual percentage yield (APY) on savings balances (including Vaults) and 0.50% APY on checking balances. There is no minimum Direct Deposit amount required to qualify for the stated interest rate. Members without either SoFi Plus or Qualifying Deposits, during the 30-Day Evaluation Period will earn 1.00% APY on savings balances (including Vaults) and 0.50% APY on checking balances. Only SoFi Plus members are eligible for other SoFi Plus benefits. Interest rates are variable and subject to change at any time. These rates are current as of 1/24/25. There is no minimum balance requirement. Additional information can be found at http://www.sofi.com/legal/banking-rate-sheet. See the SoFi Plus Terms and Conditions at https://www.sofi.com/terms-of-use/#plus.

• Intro Bonus$50-$300Expires January 31, 2026 More Info

  New and existing Checking and Savings members who have not previously enrolled in Direct Deposit with SoFi are eligible to earn a cash bonus of either $50 (with at least $1,000 total Direct Deposits received during the Direct Deposit Bonus Period) OR $300 (with at least $5,000 total Direct Deposits received during the Direct Deposit Bonus Period). Cash bonus will be based on the total amount of Direct Deposit. Direct Deposit Promotion begins on 12/7/2023 and will be available through 1/31/26. See full bonus and annual percentage yield (APY) terms at sofi.com/banking#1.

• Minimum
  Deposit RequiredN/A
• Monthly
  Maintenance Fee$0

• Product Details

  • Bonus: Up to $300 with direct deposit
  • APY: Up to 3.80% (direct deposit, minimum monthly deposit or monthly SoFi Plus subscription fee payment required)
  • Monthly Fees: None
  • Minimum Balance Requirement: None

• Why We Like It

  SoFi Checking and Savings boasts an impressive APY of up to 3.80% on savings balances for customers who set up direct deposit or who deposit at least $5,000 each month. Alternatively, customers can also unlock the top rate by paying the monthly SoFi Plus Subscription Fee. This account also offers 0.50% APY on checking balances. There are no monthly maintenance fees, and new customers can even earn a generous signup bonus worth up to $300. If you don’t care about physical bank locations, this is a great option.

• Editor's Pick

BrioDirect High-Yield Savings Account

• APY4.55% More Info

  *Annual Percentage Yield (APY) is variable and is accurate as of 2/26/2025. Rate is subject to certain terms and conditions. You must deposit at least $5,000 to open your account and maintain $25 to earn the disclosed APY. Rate and APY may change at any time. Fees may reduce earnings.

• Intro BonusN/A
• Minimum
  Deposit Required$5,000
• Monthly
  Maintenance Fee$0

• Product Details

  • One of the best rates around
  • Keep track of your savings with online and mobile banking
  • No monthly maintenance fee

• Why We Like It

  BrioDirect's Direct High-Yield Savings Account offers customers one of the highest interest rates on the market. While its minimum opening deposit requirement is higher than average, all balances over $25 earn its disclosed APY.

UFB Direct Portfolio Savings Account

• APY4.01% More Info

  UFB Direct breaks balances into five tiers, but, currently, there is only one interest rate.

• Intro BonusN/A
• Minimum
  Deposit RequiredN/A
• Monthly
  Maintenance Fee$0

• Product Details

  • Earn up to 4.01% APY
  • No maintenance or service fees
  • No minimum deposit requirement
  • Complimentary ATM card
  • Digital tools for seamless remote banking
  • Free transfers between direct deposit accounts

• Why We Like It

  The UFB Direct Portfolio Savings Account has a solid interest rate of 4.01% APY. Plus, there are no monthly fees and no minimum balance to open.

Synchrony Bank High-Yield Savings Account*

• APY4.00% More Info

  The Annual Percentage Yield (APY) as advertised is accurate as of 1/4/2025. Interest rate and APY are subject to change at any time without notice. Offer applies to personal accounts only. Fees may reduce earnings. For High Yield Savings accounts, the rate may change after the account is opened. Visit synchronybank.com for current rates, terms, and account requirements. Member FDIC.

• Intro BonusN/A
• Minimum
  Deposit RequiredN/A
• Monthly
  Maintenance Fee$0

• Product Details

  • No minimum deposit
  • No minimum balance
  • No monthly fees
  • Member FDIC

• Why We Like It

  Synchrony Bank offers an above-average interest rate on its High-Yield Savings Account. And with no minimum balance or opening deposit requirements, it's easier to hold this account than many similar options. We also appreciate the inclusion of an ATM card for easy funds access.

CIT Bank Platinum Savings Account

• APY4.30% More Info

  Earn 4.30% APY on balances over $5,000. Balances of less than $5,000 earn 0.25% APY. Annual Percentage Yield is accurate as of February 5, 2025. Interest rates for the Platinum Savings account are variable and subject to change at any time without notice.

• Intro BonusUp to $300 More Info

  Open a new Platinum Savings account with promo code PS2025 to earn a bonus worth up to $300. Within 30 days from the account open date, transfer a one-time deposit of $25,000 -$49,999.99 for a bonus of $225, or transfer a one-time deposit of $50,000+ for a bonus of $300. The bonus will be fulfilled within 60-days from the funding date.

• Minimum
  Deposit Required$100
• Monthly
  Maintenance Fee$0

• Product Details

  • Get 10x the National Average on your savings.
  • Your CIT Bank account is FDIC insured, which means it's secure.
  • CIT Bank's mobile app makes it easy to manage your account.
  • No account opening or monthly services fees, so you can keep what you earn.

• Why We Like It

  The CIT Bank Platinum Savings account offers one of the top APYs on the market right now, and CIT's flexible transfer options make it easy to access your money. So long as you're able to consistently maintain an account balance of $5,000 (the minimum amount required to earn this account's top APY) you'll likely find a lot of value in this account.

Valley Direct Savings Account

• APY3.75%
• Intro BonusN/A
• Minimum
  Deposit Required$1
• Monthly
  Maintenance Fee$0

• Product Details

  • Grow your savings with 3.75% APY
  • That's more than 8x the national average
  • Open your account with as little as $1
  • No monthly maintenance chFor existing customers of Valley Bank or Valley Direct

• Why We Like It

  The Valley Direct Savings Account offers customers a healthy APY. It also has no monthly maintenance fees, and can be opened with a deposit of $1 or more.

CIT Bank Savings Connect Account

• APY4.00% More Info

  Annual Percentage Yield is accurate as of December 20, 2024. Interest rates for the Savings Connect account are variable and subject to change at any time without notice.

• Intro BonusN/A
• Minimum
  Deposit Required$100
• Monthly
  Maintenance Fee$0

• Product Details

  • Get a competitive rate on your Savings Connect account
  • With the CIT Bank mobile app, deposit checks from your mobile device and make transfers easily
  • CIT Bank is your partner in savings. There are no account opening or monthly service fees for savings accounts

• Why We Like It

  CIT Bank's Savings Connect account is one of our top picks for high-yield savings accounts. Featuring a competitive flat APY on all balances, it can go head-to-head with most of the top savings accounts available. What's more, you don't have to do anything special to earn this high interest rate; many similar accounts (including some offered by CIT) only offer their highest interest rates to customers who complete certain requirements.

Citizens Access® Savings

• APY3.70%
• Intro BonusN/A
• Minimum
  Deposit Required$0.01
• Monthly
  Maintenance Fee$0

• Product Details

  • Serious savings
  • No fees, no surprises
  • FDIC insured
  • Help if you need it (available 7 days/week)

• Why We Like It

  If you plan to park your money for some time, the Citizens Access Savings account is a good bet. This account features an incredible APY, and currently all balances earn the highest rate available. You only need to deposit $0.01 to open an account and earn the APY, and this account doesn't have other fees associated with it.

Quontic Bank High Yield Savings Account

• APY4.00%
• Intro BonusN/A
• Minimum
  Deposit Required$100
• Monthly
  Maintenance Fee$0

• Product Details

  • Earn 4.00% APY with a Quontic High Yield Savings Account
  • Start earning interest from Day 1 of your first deposit with no limit on how much you can earn
  • Open an account online in just 3 minutes
  • Interest is compounded daily and credited to your account every month

• Why We Like It

  Quontic High Yield Savings offers customers 4.00% APY, which is a moderately good rate for a high-yield savings account. There’s a low minimum of $100 to open your account, as well as no monthly fees, but as a digital-only bank Quontic does not have physical locations.