Best high-yield savings rates
Rates as of July 13, 2026.
High-yield savings is liquid (no lock-up) and these top APYs dwarf the 0.38% FDIC national average. Rates are variable and can change any time.
| Institution | Term | APY | Min | Early withdrawal | vs national avg |
|---|---|---|---|---|---|
| Forbright Bank | No term (liquid) | 4.15% | $1,000 | None | +3.77% |
| CIT Bank (Platinum) | No term (liquid) | 4.1% | $5,000 | Top APY requires a $5,000+ balance | +3.72% |
| Vio Bank | No term (liquid) | 4.0% | $100 | None | +3.62% |
| Bread Savings | No term (liquid) | 3.95% | $100 | None | +3.57% |
| EverBank (Performance) | No term (liquid) | 3.9% | $0 | None | +3.52% |
| Popular Direct | No term (liquid) | 3.9% | $100 | None | +3.52% |
| Limelight Bank | No term (liquid) | 3.9% | $100 | None | +3.52% |
| Openbank by Santander | No term (liquid) | 3.8% | $500 | None | +3.42% |
APYs are a dated snapshot and change frequently — verify the current rate with the institution before opening an account. CD and savings interest is taxable as ordinary income (federal and state).
Deposit calculator
See what a deposit grows to — and what you'd actually net if you break a CD early. (Savings has no early-withdrawal penalty, so leave it at 0.)
Is a Treasury better after tax?
Treasury interest is exempt from state income tax, so in a high-tax state a lower-yield T-bill can beat a higher-APY CD. Enter your marginal tax rates to compare after-tax, like for like.
After-tax comparison only; both are very low risk. Treasuries (and Treasury money-market funds) are state-tax-free; CD and savings interest is fully taxable. Confirm your bracket — this is not tax advice.
Frequently asked questions
What is the highest savings account rate (July 2026)?
The top nationally available high-yield savings APY in our July 2026 check is 4.15% (Forbright Bank) — more than ten times the 0.38% FDIC national average.
Why does my bank pay so much less?
Big branch banks fund cheaply from customer inertia; online banks compete on APY. The accounts here are FDIC-insured like any bank — the rate difference is pure shopping, though savings APYs are variable and can drop any time.