Best Savings Accounts of December 2025

The best high-yield savings accounts have no fees, low deposit requirements and sky-high interest rates. Savings rates have been pretty steady in recent months. And right now, the average interest rate on a savings account is 0.40% — but you can find rates higher than that.⁽¹⁾

What makes a savings account the ‘best’?

The best savings account should offer high yields, $0 fees, easy requirements and nationwide availability. At least, that’s what I think.

Here are the six best savings accounts I’ve found, based on monthly fees, deposit requirements and APYs.

6 best savings accounts

• Netspend savings: 6%
• DCU Primary Savings Account: 5%
• Pibank: 4.6%
• Zynlo Tomorrow Savings: 4.2%
• Bread Savings: 4.2%
• Live Oak Personal Savings: 4%

Methodology: How we choose the best savings accounts

Finder’s experts compare hundreds of savings accounts to narrow down the best options, and we regularly update our best picks based on changing APYs, deposit requirements and fees. To earn a spot on this list, savings accounts must meet these minimum requirements:

• FDIC or NCUA insured
• APY at or above 4%
• No monthly fees
• Opening deposit requirements under $100
• Nationwide availability

While most savings accounts are similar, we also heavily considered accounts with extra perks, like savings round-ups, subaccounts to sort goals, joint account availability, customer service and ATM access.

Which savings account is best for me? QUIZ

How to choose the best savings account

There are a few key things to consider when you’re comparing savings accounts:

• Monthly fee. The best savings accounts don’t charge monthly fees. If you are charged just for keeping the account open, you’re losing money.
• High APYs. You want an account that compounds and rewards you for saving. The best ones have a competitive APY, and at a minimum, you should choose an account with a rate higher than national averages.
• Deposit requirements. Plenty of accounts let you get started with as little as $0, but a few may have opening requirements or regular balance requirements to earn the best rates.
• FDIC insured. Make sure that your savings account is insured by the FDIC or NCUA. For our best savings accounts, we only compare accounts with federal deposit insurance.
• Fits your needs. Your account should align with your savings goals. For example, choose a business account if you’re a business owner, a kids savings account if you’re saving for your child, an ethical account if you want to make a difference and so on.

Compare more high-interest savings accounts

Narrow down high-yield savings accounts based on fees, interest rates and minimum opening deposits. Tick the Compare box on multiple options to see their features side by side for easy comparison.

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Finder Score	Account type	Annual Percentage Yield (APY)	FDIC or NCUA insured amount	Minimum balance to earn APY	Minimum deposit to open	Rebate
Promoted Finder score 9.8 Excellent American Express® High Yield Savings Account	Finder score 9.8 Excellent	Traditional savings	3.40%	Up to $250,000	$0	$0		Go to site More info Compare product selection Compare	loading
Promoted Finder score 8.6 Great Synchrony High Yield Savings	Finder score 8.6 Great	Traditional savings,Custodial account	3.65%	Up to $250,000	$0	$0		Go to site More info Compare product selection Compare	loading
Promoted Finder score 9.2 Excellent Public High-Yield Cash Account	Finder score 9.2 Excellent	Cash management account	3.60%	Up to $250,000	$0	$0		Go to site More info Compare product selection Compare	loading
Finder score 9.2 Excellent SoFi Checking and Savings	Finder score 9.2 Excellent	Traditional savings,Checking	Up to 3.60%	Up to $250,000	$0	$0	Earn up to 4.30% APY on savings and $50 or $300 with direct deposit. Open a new SoFi Checking and Savings account by 31 January 2026, set up eligible direct deposit within 60 days, and maintain direct deposit for six months. T&Cs apply.		Go to site More info Compare product selection Compare	loading
Finder score 8.6 Great Alliant High-Rate Savings	Finder score 8.6 Great	Savings app	3.10%	Up to $250,000 by the NCUA	$100	$5	$5 opening deposit is paid for you. T&Cs apply.		Go to site More info Compare product selection Compare	loading
Finder score 9.6 Excellent Discover® Online Savings Account	Finder score 9.6 Excellent	Traditional savings,Custodial account	3.40%	Up to $250,000	$0	$0		Continue More info Compare product selection Compare	loading

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Showing 6 of 21 results

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How we picked these

What is the Finder Score?

The Finder Score crunches over 250 savings accounts from hundreds of financial institutions. It takes into account the product's interest rate, fees, opening deposit and features - this gives you a simple score out of 10.

To provide a Score, Finder’s banking experts analyze hundreds of savings accounts against FDIC-reported national averages as a baseline. Accounts with rates well over the national average are scored the highest, while accounts with rates well below are scored low.

Read the full breakdown

Savings account alternatives

If the best savings accounts don’t fit your financial goals, consider these alternatives:

• Money market accounts. Want the accessibility of a checking account with the earning power of a savings account? A top money market account might be right for you. But be prepared for higher opening deposits than typical bank accounts.
• Digital bank accounts. Many digital banks, like Chime and Varo, offer two-in-one accounts designed for spending and saving. Some even have budgeting tools to help you better manage your money.
• CDs. If you’re confident you won’t need your money for a while, lock it away in a CD with a high rate.
• Investment accounts. If you’re interested in higher rates of return and are willing to accept more risk, you could consider investing in brokerage, government or retirement investment accounts.
• Cash management accounts. A cash management account allows you to save and spend money, as well as manage investments and access various wealth management tools.
• Crypto savings accounts. These are similar to traditional savings accounts but house your cryptocurrency rather than fiat money.

Bottom line

The best savings accounts feature low opening deposits and high APYs to help you grow your nest egg. As always, compare your options until you find a savings account that has everything you need.

Are none of these accounts the right fit? Compare other bank accounts that earn interest, like certificates of deposit, money market accounts or even interest-bearing checking.

To make sure you get accurate and helpful information, this guide has been edited by Holly Jennings as part of our fact-checking process.

Written by

Bethany Hickey

Banking editor

Bethany Hickey is the banking editor and personal finance expert at Finder, specializing in banking, lending, insurance, and crypto. Bethany’s expertise in personal finance has garnered recognition from esteemed media outlets, such as Nasdaq, MSN, Yahoo Finance, GOBankingRates, SuperMoney, AOL and Newsweek. Her articles offer practical financial strategies to Americans, empowering them to make decisions that meet their financial goals. Her past work includes articles on generational spending and saving habits, lending, budgeting and managing debt. Before joining Finder, she was a content manager where she wrote hundreds of articles and news pieces on auto financing and credit repair for CarsDirect, Auto Credit Express and The Car Connection, among others. Bethany holds a BA in English from the University of Michigan-Flint, and was poetry editor for the university’s Qua Literary and Fine Arts Magazine. See full bio

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Bethany has written 492 Finder guides across topics including:

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