Best High-Yield Savings Accounts 2026
Earn up to 4.50% APY on your savings. Compare top banks with FDIC insurance, no fees, and easy access to your money.
💰 Calculate Your Interest Earnings
See how much more you can earn with these top savings accounts
Current Bank Earns
$50
Top Rate Earns (4.50%)
$450
💵 Extra Money
$400
| Bank | APY | Min. Deposit | FDIC | Key Features | Action |
|---|---|---|---|---|---|
| Ally Bank ⭐⭐⭐⭐⭐ | 4.35% | $0 | ✓ Yes |
| Open Account → |
| Marcus by Goldman Sachs ⭐⭐⭐⭐⭐ | 4.40% | $0 | ✓ Yes |
| Open Account → |
| Discover Bank ⭐⭐⭐⭐ ½ | 4.30% | $0 | ✓ Yes |
| Open Account → |
| Capital One 360 ⭐⭐⭐⭐ ½ | 4.25% | $0 | ✓ Yes |
| Open Account → |
| American Express® Savings ⭐⭐⭐⭐ ½ | 4.35% | $0 | ✓ Yes |
| Open Account → |
| CIT Bank Platinum Savings ⭐⭐⭐⭐ | 4.50% | $5,000 | ✓ Yes |
| Open Account → |
| Synchrony Bank ⭐⭐⭐⭐ | 4.30% | $0 | ✓ Yes |
| Open Account → |
| Barclays Online Savings ⭐⭐⭐⭐ | 4.35% | $0 | ✓ Yes |
| Open Account → |
Detailed Reviews
Ally Bank
Why We Love It:
- ✓ No monthly fees
- ✓ Excellent mobile app
- ✓ 24/7 customer service
- ✓ Easy transfers
Marcus by Goldman Sachs
Why We Love It:
- ✓ No transaction fees
- ✓ Strong APY
- ✓ No minimum balance
- ✓ Simple interface
Discover Bank
Why We Love It:
- ✓ No fees
- ✓ Cash-back debit card
- ✓ Free checks
- ✓ Award-winning service
What to Look for in a High-Yield Savings Account
✅ Must-Haves
- • FDIC Insurance: Protects up to $250,000
- • No monthly fees: Don't lose money to fees
- • Competitive APY: 4%+ in 2026
- • Easy access: Mobile app & online transfers
💡 Nice-to-Haves
- • ATM card for emergencies
- • Sub-accounts for goal tracking
- • Automatic savings features
- • 24/7 customer support
Frequently Asked Questions
What is a high-yield savings account?
A high-yield savings account is a savings account that offers significantly higher interest rates than traditional savings accounts. In 2026, the best accounts offer 4-4.5% APY compared to the national average of 0.5%.
Are high-yield savings accounts safe?
Yes! All accounts on this list are FDIC-insured up to $250,000 per depositor, per bank. This means your money is protected by the U.S. government, just like traditional banks.
How much can I earn with a high-yield savings account?
With $10,000 in a 4.50% APY account, you'd earn $450 in interest per year. That's $400 more than a traditional bank paying 0.50% APY. Use our calculator above to see your potential earnings.
Can I lose money in a high-yield savings account?
No. Unlike investments, FDIC-insured savings accounts are guaranteed not to lose value. Your principal is safe, and you earn interest on top. The APY may fluctuate with market rates, but your balance will only grow.
How do I open a high-yield savings account?
Opening an account takes 5-10 minutes online. You'll need your Social Security number, ID, and basic personal information. Most banks allow instant transfers from your checking account to fund your new savings.
Affiliate Disclosure: We may earn a commission if you open an account through our links. This helps keep our tools free and doesn't affect which products we recommend. APY rates are accurate as of February 2026 and subject to change. See our full disclaimer.