Best High-Yield Savings Accounts of September 2026

Start earning more on your savings. Open an FDIC-insured high-yield savings account and start growing your money with APYs (annual percentage yield)¹ up to 10x higher than the national average.

Last updated Sept. 29, 2026 | By FinanceBuzz Editors

Estimated interest earnings

$1,019

per year on $25,000 in savings at 4.00% APY

Example: You could earn an estimated $1,019 per year in a high-yield savings account versus an estimated $2.50 per year in a typical checking account at 0.01% APY.² Example assumes a $25,000 average daily balance over 12 months. APY is variable and may change after account opening. Interest earnings are based on current rates and compounding. Comparison is for illustrative purposes and assumes a 0.01% APY checking account. Results will vary.

Comparison is for illustrative purposes. Results will vary.

Most Popular

2026 AWARD WINNER Best Checking and Savings Combo

SoFi Checking and Savings

5.0

Learn More on SoFi's secure website, Member FDIC

APY

4.20%

Minimum Balance for APY

Bonus Offer

Up to $400

Why We Like It

Limited-Time Offer: Earn a $50 or $400 cash bonus³ 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 Eligible Direct Deposits received within 25 calendar days of your first Eligible Direct Deposit of $1 or more) OR $400 (with at least $5,000 total Eligible Direct Deposits received within 25 calendar days of your first Eligible Direct Deposit of $1 or more). Cash bonus amount will be based on the total amount of Eligible Direct Deposit received within 25 calendar days of your first Eligible Direct Deposit of $1 or more. If you have satisfied the Eligible Direct Deposit requirements but have not received a cash bonus in your Checking account, please contact us at 855-456-7634 with the details of your Eligible Direct Deposit. Direct Deposit Promotion begins on 5/15/2026 and will be available through 12/31/2026. Full terms at <a href="https://www.sofi.com/banking/">sofi.com/banking</a>. SoFi Checking and Savings is offered through SoFi Bank, N.A., Member FDIC. SoFi members with Eligible Direct Deposit can earn 3.30% annual percentage yield (APY) on savings balances (including Vaults) and 0.50% APY on checking balances. There is no minimum Eligible Direct Deposit amount required to qualify for the 3.30% APY for savings (including Vaults). Members without Eligible Direct Deposit will earn 0.80% APY on savings balances (including Vaults) and 0.50% APY on checking balances. Interest rates are variable and subject to change at any time. These rates are current as of 9/23/26. Fees may reduce earnings. Additional information can be found at <a href="https://d32ijn7u0aqfv4.cloudfront.net/wp/wp-content/uploads/raw/SoFi-Bank-Rate-Sheet-September-23-2026.pdf">http://www.sofi.com/legal/banking-rate-sheet</a>. plus a boosted up to 4.20% APY⁴ Earn up to 4.20% Annual Percentage Yield (APY) on one SoFi Savings account with a 0.90% APY Boost (added to the 3.30% APY as of 9/23/26) for up to 6 months. Open your first SoFi Checking and Savings account and receive eligible direct deposits OR qualifying deposits of $5,000 every 31 days by 12/31/26. Rates are variable, subject to change. Terms apply at <a href="https://www.sofi.com/banking/#4">sofi.com/banking#4</a>. SoFi Bank, N.A. Member FDIC. on Savings for up to 6 months when you open a new account and set up eligible direct deposits. Terms apply.
No account, overdraft, or monthly fees⁵ We do not charge any account, service, or maintenance fees for SoFi Checking and Savings. We do charge transaction fees for outgoing wire transfers, Instant Transfers, and global remittance transfers. Our fee policy is subject to change at any time. See the SoFi Bank Fee Sheet for details at <a href="http://sofi.com/legal/banking-fees/">sofi.com/legal/banking-fees/</a>.
Get your paycheck up to two days early with direct deposit⁶ Early access to direct deposit funds is based on the timing in which we receive notice of impending payment from the Federal Reserve, which is typically up to two days before the scheduled payment date, but may vary.
Access additional FDIC insurance up to $3 million⁷ SoFi Bank is a member FDIC and does not provide more than $250,000 of FDIC insurance per depositor per legal category of account ownership, as described in the FDIC’s regulations. Any additional FDIC insurance is provided by the SoFi Insured Deposit Program. Deposits may be insured up to $3M through participation in the program. See full terms at <a href="http://sofi.com/banking/fdic/sidpterms">SoFi.com/banking/fdic/sidpterms</a>. See list of participating banks at <a href="http://sofi.com/banking/fdic/participatingbanks">SoFi.com/banking/fdic/participatingbanks</a>.
Excellent 4.3/5

Learn More on SoFi's secure website, Member FDIC

Happen Bank

4.8

Learn More on Happen Bank's secure website, Member FDIC

APY

4.20%

Minimum Balance for APY

$250+ monthly deposits

Bonus Offer

—

Why We Like It

4.20% APY⁸ LevelUp Rate of 4.20% APY applied to full balance with $250+ in deposits in Evaluation Period. Otherwise, accounts earn Standard Rate of 3.00% APY. LevelUp Rate applies to first two statement cycles. Rates variable & subject to change at any time. See terms: <a href="https://www.happen.com/legal/deposits/levelup-savings-t-and-cs" >https://www.happen.com/legal/deposits/levelup-savings-t-and-cs</a> when you make $250+ deposits per month.
10x the national average.
No fees - Keep more of your money with no account fees and free transfers.
$0 minimum balance - No minimum to open or minimum balances required.

Learn More on Happen Bank's secure website, Member FDIC

Openbank High Yield Savings

4.7

Learn More on Openbank's Secure Website, FDIC Insured

APY

4.15%

Minimum Balance for APY

$500

Bonus Offer

6-Month APY Boost

Why We Like It

Earn Up to 4.15% APY (inclusive of 0.35% APY Boost). New Customers only. Terms Apply. Santander Bank, N.A. Member FDIC⁹ The introductory promotional APY Boost includes a 0.35% APY boost (“APY Boost”) added to the account’s current variable APY (“standard variable APY”) of 3.80%. The APY Boost will apply for (6) months from the date the account is opened (“Promotional Period”). The standard variable APY for your account remains variable and subject to change at Openbank’s discretion at any time and any frequency without notice. If the standard variable APY changes during the Promotional Period, the APY Boost will continue to apply through the end of the Promotional Period, subject to applicable terms. After the Promotional Period ends, the account will earn the standard variable APY in effect at that time without the APY BoostThis is a limited time offer, effective as 12:01 am Eastern time MM/DD/YYYY. To qualify for the APY Boost, an eligible account must be opened while the offer is available. All applications are subject to approval. Completing and submitting an application does not, by itself, establish an account. The introductory promotional APY Boost is valid for new Openbank customers. If your account is determined to be ineligible, Openbank reserves the right to terminate the APY Boost at any time without notice, and the account will then earn the standard variable APY in effect at that time. Existing accounts opened prior to 09/23/2026, are not eligible for the APY Boost and will continue to earn the standard variable APY. The APY Boost promotion may not be combined with other bonus offers by Santander Bank. Additional terms, conditions, and eligibility requirements may apply. Openbank reserves the right to modify, suspend, or terminate the APY Boost at any time without notice.This offer is available only when stated on the <a href="https://www.openbank.us/banking/high-yield-savings-account/">Openbank High Yield Savings</a> page.
Earn 9x the national savings average for Savings deposit products as published on FDIC.gov
FDIC insured¹⁰ Interest Rates and Annual Percentage Yields (APYs) are accurate as of 12:01 AM ET 5/29/26. The products and rates we offer may vary between locations, are available in select markets only, and are subject to change without notice. Rate for this product will be based on the residential ZIP code entered when account is opened within online application process. This is a variable-rate account and the rate applicable may change at our discretion any time without notice. A minimum deposit of $500 is required to open a Openbank High Yield Savings account. Personal accounts only. Openbank is a division of Santander Bank, N.A. Member FDIC. There is a maximum of $250,000 of deposit insurance from the FDIC per depositor for each category of account ownership. Visit FDIC.gov for details. Deposits at Santander Bank, N.A., and Openbank are combined for the purposes of calculating FDIC insurance limits (FDIC Cert #29950) and are not separately insured. : Enjoy the peace of mind that comes with being FDIC insured up to $250,000.
No fees: Keep more of your money with no fees.
Industry leading account security: Trusted device verification with face or fingerprint for fast, secure access.

Learn More on Openbank's Secure Website, FDIC Insured

CIT Bank Savings Connect

4.6

Learn More on CIT Bank's secure website, Member FDIC

APY

3.65%

Minimum Balance for APY

Bonus Offer

—

Why We Like It

Same Rate, Any Balance: Earn 3.65% APY whether you keep $100 or $100,000 in the account.¹¹ APY — Annual Percentage Yield is accurate as of July 1, 2026. Interest Rates for the Savings Connect Account are variable and may change at any time without notice. The minimum to open a Savings Connect account is $100. Fees could reduce earnings on the account.
No account opening or monthly service fees.
Open with $100 to start earning the full APY right away.
Interest compounds daily and credits to your account monthly.
FDIC insured up to $250,000 per depositor, for each account ownership category.

Learn More on CIT Bank's secure website, Member FDIC

Customers Bank High Yield Savings Account

4.9

Learn More on Raisin's secure website, Member FDIC

APY

3.64%

Minimum Balance for APY

Bonus Offer

Up to $1,000

Why We Like It

Earn 3.64% APY¹² APY means Annual Percentage Yield. APY is accurate as of as of 09/01/26. This is a variable rate account, Interest rate and APY may change after initial deposit. Minimum initial deposit to open account and earn interest is $1.00. to boost your savings
Enjoy 24/7 online access to your account and funds
FDIC insured, no fees, $1 minimum deposit
Powered by Raisin's intuitive savings marketplace
Limited-Time Offer: Use code STACK to earn a cash bonus based on your savings balance. Earn up to $50 for $10,000, $125 for $25,000, $250 for $50,000, $500 for $100,000, or $1,000 for $200,000 or more. Visit site for full details.¹³ New customers only. Earn a cash bonus (the "Welcome Bonus") when you deposit and maintain funds with partner banks on the Raisin platform. Customers will receive a Welcome Bonus of $40 for depositing between $10,000 and $24,999; $100 for depositing between $25,000 and $49,999; $200 for depositing between $50,000 and $99,999; $425 for depositing between $100,000 and $199,999; and $900 for depositing $200,000 or more. If the Qualifying Deposit balance declines at any time during the maintenance period below the minimum required for a bonus tier, the customer will be placed in the bonus tier corresponding to the lowest Qualifying Deposit balance maintained during that period. Savings + CD Boost: Customers eligible for the Welcome Bonus may earn an additional bonus by opening a product in a second product category. To qualify, customers must deposit at least $1,000 into the secondary product category within 14 days of their initial deposit and maintain balances over $1,000 in both categories through 90 days from the initial deposit date.For the purposes of this promotion, High-Yield Certificates of Deposit constitute one product category; No-Penalty CDs and Callable CDs constitute a second product category; and Savings Accounts (including Money Market Deposit Accounts, High-Yield Savings Accounts, and Rate Lock Savings Accounts) constitute a third product category. Savings + CD Boost eligibility is determined by your Welcome Bonus tier: customers depositing between $10,000–$24,999 receive an additional $10; $25,000–$49,999 receive an additional $25; $50,000–$99,999 receive an additional $50; $100,000–$199,999 receive an additional $75; and $200,000 or more receive an additional $100. The Savings + CD Boost is optional and paid in addition to the Welcome Bonus. To qualify for the Welcome Bonus and Savings + CD Boost, your first deposit must be initiated between September 1, 2026, and September 30, 2026, by 11:59 PM ET, and the promo code STACK must be entered at the time of sign-up. Only funds deposited within 14 days of the initial deposit date and maintained with partner banks on the Raisin platform for 90 days of the initial deposit date will be eligible for the Welcome Bonus and Savings + CD Boost. Bonus cash will be credited directly to your Cash Account within 30 days of meeting all qualifying terms. This offer is available to new customers only, is non-transferable, and may not be combined with any other bonus offers. Raisin may modify or end this offer at any time and may withhold or revoke bonuses in cases of fraud, abuse, or violation of these terms or Raisin’s Terms of Service.

Learn More on Raisin's secure website, Member FDIC

Wealthfront Cash Account

4.8

Learn More on Wealthfront's secure website

APY

3.55%

Minimum Balance for APY

Bonus Offer

3-Month APY Boost for new clients

Why We Like It

Earn a competitive 3.55%+ variable APY¹⁴ Earn up to 4.30% Annual Percentage Yield (APY) for your uninvested cash in a Wealthfront Cash Account: a 3.55% base APY (provided by program banks, as of 1/30/26) plus a 0.75% APY Boost for 3 months for new clients (on balances up to $150,000). Eligibility requirements must be met to earn the APY boost. Without the boosts, the base rate is 3.55% APY. Rates are variable, subject to change. The Cash Account is offered by Wealthfront Brokerage LLC, Member FINRA/SIPC, and is not a bank or deposit account. Wealthfront Brokerage LLC is not a bank. Funds are swept to program banks where they earn a variable APY and are eligible for FDIC insurance. See full terms at<a href="https://www.wealthfront.com/cash"> wealthfront.com/cash</a>. on your cash. Terms and conditions apply. 3.55% base APY from program banks plus 3-month 0.75% APY boost for first-time Cash Account clients.
No minimum balance required to open your account
Zero account fees¹⁵ Fees and Eligibility requirements may apply to certain checking features, please see the Customer Debit Agreement at <a href="https://wealthfront.com/deposit-agreement">wealthfront.com/deposit-agreement</a> for details. so your money stays where it belongs
Free 24/7 instant withdrawals to eligible accounts, even on weekends and holidays¹⁶ Instant and same-day withdrawals use the Real-Time Payments (RTP) network or FedNow service. Transfers may be limited by your receiving institution, daily caps, or participating entities. New Cash Account deposits have a 2–4 day hold before transfer. Wealthfront does not charge fees for these services, but receiving institutions may impose an RTP or FedNow Fee. Processing times may vary.
Up to $8M in FDIC insurance eligibility through program banks¹⁷ The Cash Account, which is not a deposit account, is offered by Wealthfront Brokerage LLC ("Wealthfront Brokerage"), Member FINRA/SIPC. Wealthfront Brokerage is not a bank. The Annual Percentage Yield ("APY") on cash deposits as of January 30, 2026, is representative, requires no minimum, and may change at any time. References to the APY for the Wealthfront Cash Account, including any APY increase, are to the APY paid by insured depository institutions that participate in our cash sweep program (the "Program Banks”). Wealthfront Brokerage does not pay interest. Funds in the Cash Account are swept to Program Banks where they earn a variable APY and are eligible for FDIC insurance. Conditions apply. For a list of Program Banks, see: <a href="https://www.wealthfront.com/programbanks">www.wealthfront.com/programbanks</a>. FDIC pass-through insurance, which protects against the failure of Program Banks, not Wealthfront, is not provided until the funds arrive at the Program Banks. While funds are at Wealthfront Brokerage, and while they are transitioning to and/or from Wealthfront Brokerage to the Program Banks, the funds are eligible for SIPC protection up to the $250,000 limit for cash. FDIC insurance is limited to $250,000 per customer, per bank, regardless of whether those deposits are placed through Wealthfront Brokerage. You are responsible for monitoring your total deposits at each Program Bank to stay within FDIC limits. Wealthfront works with multiple Program Banks to make available up to $8 million of pass-through FDIC coverage for your cash deposits. For more info on FDIC insurance coverage, visit www.FDIC.gov.

Learn More on Wealthfront's secure website

Is my money safe?

All of the accounts listed are FDIC-insured, meaning eligible deposits are protected by the U.S. government up to $250,000 per depositor, per ownership category.

Compare Today's Top High-Yield Savings Accounts

Still deciding? Compare today's top high-yield savings accounts side-by-side to find the best rates.

Bank/Institution	APY Annual Percentage Yield	Bonus Offer	Open Account	Bonus Offer
2026 AWARD WINNER Best Checking and Savings Combo
5.0 FinanceBuzz writers and editors score products and companies on a number of objective features as well as our expert editorial assessment. Our partners do not influence our ratings.	4.20 % APY With $0 min. balanceEarn up to 4.20% Annual Percentage Yield (APY) on one SoFi Savings account with a 0.90% APY Boost (added to the 3.30% APY as of 9/23/26) for up to 6 months. Open your first SoFi Checking and Savings account and receive eligible direct deposits OR qualifying deposits of $5,000 every 31 days by 12/31/26. Rates are variable, subject to change. Terms apply at sofi.com/banking#4. SoFi Bank, N.A. Member FDIC.	Limited-Time Offer: +0.90% boost on Savings APY to up to 4.20% for up to 6 months on new accounts⁴ <p>Earn up to 4.20% Annual Percentage Yield (APY) on one SoFi Savings account with a 0.90% APY Boost (added to the 3.30% APY as of 9/23/26) for up to 6 months. Open your first SoFi Checking and Savings account and receive eligible direct deposits OR qualifying deposits of $5,000 every 31 days by 12/31/26. Rates are variable, subject to change. Terms apply at <a href="https://www.sofi.com/banking/#4">sofi.com/banking#4</a>. SoFi Bank, N.A. Member FDIC.</p> + $50 or $400 Bonus with eligible direct deposit.³ <p>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 Eligible Direct Deposits received within 25 calendar days of your first Eligible Direct Deposit of $1 or more) OR $400 (with at least $5,000 total Eligible Direct Deposits received within 25 calendar days of your first Eligible Direct Deposit of $1 or more). Cash bonus amount will be based on the total amount of Eligible Direct Deposit received within 25 calendar days of your first Eligible Direct Deposit of $1 or more. If you have satisfied the Eligible Direct Deposit requirements but have not received a cash bonus in your Checking account, please contact us at 855-456-7634 with the details of your Eligible Direct Deposit. Direct Deposit Promotion begins on 5/15/2026 and will be available through 12/31/2026. Full terms at <a href="https://www.sofi.com/banking/">sofi.com/banking</a>. SoFi Checking and Savings is offered through SoFi Bank, N.A., Member FDIC. SoFi members with Eligible Direct Deposit can earn 3.30% annual percentage yield (APY) on savings balances (including Vaults) and 0.50% APY on checking balances. There is no minimum Eligible Direct Deposit amount required to qualify for the 3.30% APY for savings (including Vaults). Members without Eligible Direct Deposit will earn 0.80% APY on savings balances (including Vaults) and 0.50% APY on checking balances. Interest rates are variable and subject to change at any time. These rates are current as of 9/23/26. Fees may reduce earnings. Additional information can be found at <a href="https://d32ijn7u0aqfv4.cloudfront.net/wp/wp-content/uploads/raw/SoFi-Bank-Rate-Sheet-September-23-2026.pdf">http://www.sofi.com/legal/banking-rate-sheet</a>.</p> Terms apply.	Learn More on SoFi's secure website Member FDIC	Limited-Time Offer: +0.90% boost on Savings APY to up to 4.20% for up to 6 months on new accounts⁴ <p>Earn up to 4.20% Annual Percentage Yield (APY) on one SoFi Savings account with a 0.90% APY Boost (added to the 3.30% APY as of 9/23/26) for up to 6 months. Open your first SoFi Checking and Savings account and receive eligible direct deposits OR qualifying deposits of $5,000 every 31 days by 12/31/26. Rates are variable, subject to change. Terms apply at <a href="https://www.sofi.com/banking/#4">sofi.com/banking#4</a>. SoFi Bank, N.A. Member FDIC.</p> + $50 or $400 Bonus with eligible direct deposit.³ <p>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 Eligible Direct Deposits received within 25 calendar days of your first Eligible Direct Deposit of $1 or more) OR $400 (with at least $5,000 total Eligible Direct Deposits received within 25 calendar days of your first Eligible Direct Deposit of $1 or more). Cash bonus amount will be based on the total amount of Eligible Direct Deposit received within 25 calendar days of your first Eligible Direct Deposit of $1 or more. If you have satisfied the Eligible Direct Deposit requirements but have not received a cash bonus in your Checking account, please contact us at 855-456-7634 with the details of your Eligible Direct Deposit. Direct Deposit Promotion begins on 5/15/2026 and will be available through 12/31/2026. Full terms at <a href="https://www.sofi.com/banking/">sofi.com/banking</a>. SoFi Checking and Savings is offered through SoFi Bank, N.A., Member FDIC. SoFi members with Eligible Direct Deposit can earn 3.30% annual percentage yield (APY) on savings balances (including Vaults) and 0.50% APY on checking balances. There is no minimum Eligible Direct Deposit amount required to qualify for the 3.30% APY for savings (including Vaults). Members without Eligible Direct Deposit will earn 0.80% APY on savings balances (including Vaults) and 0.50% APY on checking balances. Interest rates are variable and subject to change at any time. These rates are current as of 9/23/26. Fees may reduce earnings. Additional information can be found at <a href="https://d32ijn7u0aqfv4.cloudfront.net/wp/wp-content/uploads/raw/SoFi-Bank-Rate-Sheet-September-23-2026.pdf">http://www.sofi.com/legal/banking-rate-sheet</a>.</p> Terms apply.
4.8 FinanceBuzz writers and editors score products and companies on a number of objective features as well as our expert editorial assessment. Our partners do not influence our ratings.	4.20 % APY With $250+ monthly depositsLevelUp Rate of 4.20% APY applied to full balance with $250+ in deposits in Evaluation Period. Otherwise, accounts earn Standard Rate of 3.00% APY. LevelUp Rate applies to first two statement cycles. Rates variable & subject to change at any time. See terms: https://www.happen.com/legal/deposits/levelup-savings-t-and-cs	—	Learn More on Happen Bank's secure website Member FDIC	—
4.7 FinanceBuzz writers and editors score products and companies on a number of objective features as well as our expert editorial assessment. Our partners do not influence our ratings.	4.15 % APY With $500 min. balance¹⁰ <p>Interest Rates and Annual Percentage Yields (APYs) are accurate as of 12:01 AM ET 5/29/26. The products and rates we offer may vary between locations, are available in select markets only, and are subject to change without notice. Rate for this product will be based on the residential ZIP code entered when account is opened within online application process. This is a variable-rate account and the rate applicable may change at our discretion any time without notice. A minimum deposit of $500 is required to open a Openbank High Yield Savings account. Personal accounts only.</p> <p>Openbank is a division of Santander Bank, N.A. Member FDIC. There is a maximum of $250,000 of deposit insurance from the FDIC per depositor for each category of account ownership. Visit FDIC.gov for details. Deposits at Santander Bank, N.A., and Openbank are combined for the purposes of calculating FDIC insurance limits (FDIC Cert #29950) and are not separately insured.</p>	Earn Up to 4.15% APY (inclusive of 0.35% APY Boost). New Customers only. Terms Apply. Santander Bank, N.A. Member FDIC⁹ <p>The introductory promotional APY Boost includes a 0.35% APY boost (“APY Boost”) added to the account’s current variable APY (“standard variable APY”) of 3.80%. The APY Boost will apply for (6) months from the date the account is opened (“Promotional Period”). The standard variable APY for your account remains variable and subject to change at Openbank’s discretion at any time and any frequency without notice. If the standard variable APY changes during the Promotional Period, the APY Boost will continue to apply through the end of the Promotional Period, subject to applicable terms. After the Promotional Period ends, the account will earn the standard variable APY in effect at that time without the APY Boost</p><p>This is a limited time offer, effective as 12:01 am Eastern time MM/DD/YYYY. To qualify for the APY Boost, an eligible account must be opened while the offer is available. All applications are subject to approval. Completing and submitting an application does not, by itself, establish an account. The introductory promotional APY Boost is valid for new Openbank customers. If your account is determined to be ineligible, Openbank reserves the right to terminate the APY Boost at any time without notice, and the account will then earn the standard variable APY in effect at that time. Existing accounts opened prior to 09/23/2026, are not eligible for the APY Boost and will continue to earn the standard variable APY. The APY Boost promotion may not be combined with other bonus offers by Santander Bank. Additional terms, conditions, and eligibility requirements may apply. Openbank reserves the right to modify, suspend, or terminate the APY Boost at any time without notice.</p><p class="">This offer is available only when stated on the <a href="https://www.openbank.us/banking/high-yield-savings-account/">Openbank High Yield Savings</a> page.</p>	Learn More on Openbank's Secure Website FDIC Insured	Earn Up to 4.15% APY (inclusive of 0.35% APY Boost). New Customers only. Terms Apply. Santander Bank, N.A. Member FDIC⁹ <p>The introductory promotional APY Boost includes a 0.35% APY boost (“APY Boost”) added to the account’s current variable APY (“standard variable APY”) of 3.80%. The APY Boost will apply for (6) months from the date the account is opened (“Promotional Period”). The standard variable APY for your account remains variable and subject to change at Openbank’s discretion at any time and any frequency without notice. If the standard variable APY changes during the Promotional Period, the APY Boost will continue to apply through the end of the Promotional Period, subject to applicable terms. After the Promotional Period ends, the account will earn the standard variable APY in effect at that time without the APY Boost</p><p>This is a limited time offer, effective as 12:01 am Eastern time MM/DD/YYYY. To qualify for the APY Boost, an eligible account must be opened while the offer is available. All applications are subject to approval. Completing and submitting an application does not, by itself, establish an account. The introductory promotional APY Boost is valid for new Openbank customers. If your account is determined to be ineligible, Openbank reserves the right to terminate the APY Boost at any time without notice, and the account will then earn the standard variable APY in effect at that time. Existing accounts opened prior to 09/23/2026, are not eligible for the APY Boost and will continue to earn the standard variable APY. The APY Boost promotion may not be combined with other bonus offers by Santander Bank. Additional terms, conditions, and eligibility requirements may apply. Openbank reserves the right to modify, suspend, or terminate the APY Boost at any time without notice.</p><p class="">This offer is available only when stated on the <a href="https://www.openbank.us/banking/high-yield-savings-account/">Openbank High Yield Savings</a> page.</p>
4.6 FinanceBuzz writers and editors score products and companies on a number of objective features as well as our expert editorial assessment. Our partners do not influence our ratings.	3.65 % APY With $0 min. balanceAPY — Annual Percentage Yield is accurate as of July 1, 2026. Interest Rates for the Savings Connect Account are variable and may change at any time without notice. The minimum to open a Savings Connect account is $100. Fees could reduce earnings on the account.	—	Learn More on CIT Bank's secure website Member FDIC	—
4.9 FinanceBuzz writers and editors score products and companies on a number of objective features as well as our expert editorial assessment. Our partners do not influence our ratings.	3.64 % APY With $1 min. balance¹² <p>APY means Annual Percentage Yield. APY is accurate as of as of 09/01/26. This is a variable rate account, Interest rate and APY may change after initial deposit. Minimum initial deposit to open account and earn interest is $1.00.</p>	Limited-Time Offer: Use code STACK to earn a cash bonus based on your savings balance. Earn up to $50 for $10,000, $125 for $25,000, $250 for $50,000, $500 for $100,000, or $1,000 for $200,000 or more. Visit site for full details.¹³ <p>New customers only. Earn a cash bonus (the "Welcome Bonus") when you deposit and maintain funds with partner banks on the Raisin platform. Customers will receive a Welcome Bonus of $40 for depositing between $10,000 and $24,999; $100 for depositing between $25,000 and $49,999; $200 for depositing between $50,000 and $99,999; $425 for depositing between $100,000 and $199,999; and $900 for depositing $200,000 or more. If the Qualifying Deposit balance declines at any time during the maintenance period below the minimum required for a bonus tier, the customer will be placed in the bonus tier corresponding to the lowest Qualifying Deposit balance maintained during that period. </p><p>Savings + CD Boost: Customers eligible for the Welcome Bonus may earn an additional bonus by opening a product in a second product category. To qualify, customers must deposit at least $1,000 into the secondary product category within 14 days of their initial deposit and maintain balances over $1,000 in both categories through 90 days from the initial deposit date.</p><p>For the purposes of this promotion, High-Yield Certificates of Deposit constitute one product category; No-Penalty CDs and Callable CDs constitute a second product category; and Savings Accounts (including Money Market Deposit Accounts, High-Yield Savings Accounts, and Rate Lock Savings Accounts) constitute a third product category. Savings + CD Boost eligibility is determined by your Welcome Bonus tier: customers depositing between $10,000–$24,999 receive an additional $10; $25,000–$49,999 receive an additional $25; $50,000–$99,999 receive an additional $50; $100,000–$199,999 receive an additional $75; and $200,000 or more receive an additional $100. </p><p>The Savings + CD Boost is optional and paid in addition to the Welcome Bonus. To qualify for the Welcome Bonus and Savings + CD Boost, your first deposit must be initiated between September 1, 2026, and September 30, 2026, by 11:59 PM ET, and the promo code STACK must be entered at the time of sign-up. Only funds deposited within 14 days of the initial deposit date and maintained with partner banks on the Raisin platform for 90 days of the initial deposit date will be eligible for the Welcome Bonus and Savings + CD Boost. Bonus cash will be credited directly to your Cash Account within 30 days of meeting all qualifying terms. This offer is available to new customers only, is non-transferable, and may not be combined with any other bonus offers. Raisin may modify or end this offer at any time and may withhold or revoke bonuses in cases of fraud, abuse, or violation of these terms or Raisin’s Terms of Service.</p>	Learn More on Raisin's secure website Member FDIC	Limited-Time Offer: Use code STACK to earn a cash bonus based on your savings balance. Earn up to $50 for $10,000, $125 for $25,000, $250 for $50,000, $500 for $100,000, or $1,000 for $200,000 or more. Visit site for full details.¹³ <p>New customers only. Earn a cash bonus (the "Welcome Bonus") when you deposit and maintain funds with partner banks on the Raisin platform. Customers will receive a Welcome Bonus of $40 for depositing between $10,000 and $24,999; $100 for depositing between $25,000 and $49,999; $200 for depositing between $50,000 and $99,999; $425 for depositing between $100,000 and $199,999; and $900 for depositing $200,000 or more. If the Qualifying Deposit balance declines at any time during the maintenance period below the minimum required for a bonus tier, the customer will be placed in the bonus tier corresponding to the lowest Qualifying Deposit balance maintained during that period. </p><p>Savings + CD Boost: Customers eligible for the Welcome Bonus may earn an additional bonus by opening a product in a second product category. To qualify, customers must deposit at least $1,000 into the secondary product category within 14 days of their initial deposit and maintain balances over $1,000 in both categories through 90 days from the initial deposit date.</p><p>For the purposes of this promotion, High-Yield Certificates of Deposit constitute one product category; No-Penalty CDs and Callable CDs constitute a second product category; and Savings Accounts (including Money Market Deposit Accounts, High-Yield Savings Accounts, and Rate Lock Savings Accounts) constitute a third product category. Savings + CD Boost eligibility is determined by your Welcome Bonus tier: customers depositing between $10,000–$24,999 receive an additional $10; $25,000–$49,999 receive an additional $25; $50,000–$99,999 receive an additional $50; $100,000–$199,999 receive an additional $75; and $200,000 or more receive an additional $100. </p><p>The Savings + CD Boost is optional and paid in addition to the Welcome Bonus. To qualify for the Welcome Bonus and Savings + CD Boost, your first deposit must be initiated between September 1, 2026, and September 30, 2026, by 11:59 PM ET, and the promo code STACK must be entered at the time of sign-up. Only funds deposited within 14 days of the initial deposit date and maintained with partner banks on the Raisin platform for 90 days of the initial deposit date will be eligible for the Welcome Bonus and Savings + CD Boost. Bonus cash will be credited directly to your Cash Account within 30 days of meeting all qualifying terms. This offer is available to new customers only, is non-transferable, and may not be combined with any other bonus offers. Raisin may modify or end this offer at any time and may withhold or revoke bonuses in cases of fraud, abuse, or violation of these terms or Raisin’s Terms of Service.</p>
4.8 FinanceBuzz writers and editors score products and companies on a number of objective features as well as our expert editorial assessment. Our partners do not influence our ratings.	3.55 % APY With $0 min. balance¹⁴ <p>Earn up to 4.30% Annual Percentage Yield (APY) for your uninvested cash in a Wealthfront Cash Account: a 3.55% base APY (provided by program banks, as of 1/30/26) plus a 0.75% APY Boost for 3 months for new clients (on balances up to $150,000). Eligibility requirements must be met to earn the APY boost. Without the boosts, the base rate is 3.55% APY. Rates are variable, subject to change. The Cash Account is offered by Wealthfront Brokerage LLC, Member FINRA/SIPC, and is not a bank or deposit account. Wealthfront Brokerage LLC is not a bank. Funds are swept to program banks where they earn a variable APY and are eligible for FDIC insurance. See full terms at<a href="https://www.wealthfront.com/cash"> wealthfront.com/cash</a>.</p>	3.55% base variable APY via program banks. Earn a 3-Month 0.75% APY Boost for new clients. Terms and conditions apply.	Learn More on Wealthfront's secure website	3.55% base variable APY via program banks. Earn a 3-Month 0.75% APY Boost for new clients. Terms and conditions apply.

Award-Winning Favorites

Not all savings accounts are created equal. The FinanceBuzz 2026 Best of Banking Awards recognize institutions delivering exceptional value, innovation, and customer experience — so you can skip the research and open an account you can trust.

2026 AWARD WINNER Best Checking and Savings Combo

5.0

Limited-Time Offer: Earn a $50 or $400 cash bonus³ 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 Eligible Direct Deposits received within 25 calendar days of your first Eligible Direct Deposit of $1 or more) OR $400 (with at least $5,000 total Eligible Direct Deposits received within 25 calendar days of your first Eligible Direct Deposit of $1 or more). Cash bonus amount will be based on the total amount of Eligible Direct Deposit received within 25 calendar days of your first Eligible Direct Deposit of $1 or more. If you have satisfied the Eligible Direct Deposit requirements but have not received a cash bonus in your Checking account, please contact us at 855-456-7634 with the details of your Eligible Direct Deposit. Direct Deposit Promotion begins on 5/15/2026 and will be available through 12/31/2026. Full terms at <a href="https://www.sofi.com/banking/">sofi.com/banking</a>. SoFi Checking and Savings is offered through SoFi Bank, N.A., Member FDIC. SoFi members with Eligible Direct Deposit can earn 3.30% annual percentage yield (APY) on savings balances (including Vaults) and 0.50% APY on checking balances. There is no minimum Eligible Direct Deposit amount required to qualify for the 3.30% APY for savings (including Vaults). Members without Eligible Direct Deposit will earn 0.80% APY on savings balances (including Vaults) and 0.50% APY on checking balances. Interest rates are variable and subject to change at any time. These rates are current as of 9/23/26. Fees may reduce earnings. Additional information can be found at <a href="https://d32ijn7u0aqfv4.cloudfront.net/wp/wp-content/uploads/raw/SoFi-Bank-Rate-Sheet-September-23-2026.pdf">http://www.sofi.com/legal/banking-rate-sheet</a>. plus a boosted up to 4.20% APY⁴ Earn up to 4.20% Annual Percentage Yield (APY) on one SoFi Savings account with a 0.90% APY Boost (added to the 3.30% APY as of 9/23/26) for up to 6 months. Open your first SoFi Checking and Savings account and receive eligible direct deposits OR qualifying deposits of $5,000 every 31 days by 12/31/26. Rates are variable, subject to change. Terms apply at <a href="https://www.sofi.com/banking/#4">sofi.com/banking#4</a>. SoFi Bank, N.A. Member FDIC. on Savings for up to 6 months when you open a new account and set up eligible direct deposits. Terms apply.
No account, overdraft, or monthly fees⁵ We do not charge any account, service, or maintenance fees for SoFi Checking and Savings. We do charge transaction fees for outgoing wire transfers, Instant Transfers, and global remittance transfers. Our fee policy is subject to change at any time. See the SoFi Bank Fee Sheet for details at <a href="http://sofi.com/legal/banking-fees/">sofi.com/legal/banking-fees/</a>.
Get your paycheck up to two days early with direct deposit⁶ Early access to direct deposit funds is based on the timing in which we receive notice of impending payment from the Federal Reserve, which is typically up to two days before the scheduled payment date, but may vary.
Access additional FDIC insurance up to $3 million⁷ SoFi Bank is a member FDIC and does not provide more than $250,000 of FDIC insurance per depositor per legal category of account ownership, as described in the FDIC’s regulations. Any additional FDIC insurance is provided by the SoFi Insured Deposit Program. Deposits may be insured up to $3M through participation in the program. See full terms at <a href="http://sofi.com/banking/fdic/sidpterms">SoFi.com/banking/fdic/sidpterms</a>. See list of participating banks at <a href="http://sofi.com/banking/fdic/participatingbanks">SoFi.com/banking/fdic/participatingbanks</a>.
Excellent 4.3/5

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Why They Won

Having your checking and savings accounts with the same financial institution can make money management a lot simpler. We chose SoFi® for best checking and savings account combo because it delivers on interest and additional features.

For example, you could earn up to 4.20% APY on your savings balance — a 0.90% APY Boost added to the 3.30% APY — for up to 6 months when you open your first SoFi Checking and Savings account and receive eligible direct deposits or qualifying deposits of $5,000 every 31 days by 12/31/26.⁴ Earn up to 4.20% Annual Percentage Yield (APY) on one SoFi Savings account with a 0.90% APY Boost (added to the 3.30% APY as of 9/23/26) for up to 6 months. Open your first SoFi Checking and Savings account and receive eligible direct deposits OR qualifying deposits of $5,000 every 31 days by 12/31/26. Rates are variable, subject to change. Terms apply at <a href="https://www.sofi.com/banking/#4">sofi.com/banking#4</a>. SoFi Bank, N.A. Member FDIC. SoFi also offers more special features than any other account combo we looked at, including round-ups on debit spending, early payday⁶ Early access to direct deposit funds is based on the timing in which we receive notice of impending payment from the Federal Reserve, which is typically up to two days before the scheduled payment date, but may vary. , a direct deposit cash bonus, and a suite of other online financial products that you'll get access to as a SoFi account holder. SoFi is also known for its easy-to-use app and website, as well as its excellent customer service. Member FDIC.⁷ SoFi Bank is a member FDIC and does not provide more than $250,000 of FDIC insurance per depositor per legal category of account ownership, as described in the FDIC’s regulations. Any additional FDIC insurance is provided by the SoFi Insured Deposit Program. Deposits may be insured up to $3M through participation in the program. See full terms at <a href="http://sofi.com/banking/fdic/sidpterms">SoFi.com/banking/fdic/sidpterms</a>. See list of participating banks at <a href="http://sofi.com/banking/fdic/participatingbanks">SoFi.com/banking/fdic/participatingbanks</a>.

Online High-Yield Savings 101

When picking a new savings account, there are a few key things to consider, like the APY they offer or the fees they charge. And remember, you don’t have to stick with just one account — opening different accounts can help you get the best rates and ensure your money is protected up to the legal limit.

Is my money safe in an online savings account?

Money in an online savings account is covered by protections as long as the account provider is FDIC insured, and virtually all major banks are. You'll typically see it stated as "member FDIC."

FDIC stands for Federal Deposit Insurance Corporation. The FDIC insurance covers accounts up to $250,000 accounts up to $250,000, so if your bank goes under financially, you will still get back all your money, up to that amount. The National Credit Union Administration provides similar insurance for credit unions.

Learn more about today's top online savings account pick

What is a good interest rate for an online savings account?

Savings account interest rates vary from bank to bank and over time. The FDIC indicates the national average interest rate for savings accounts is 0.38% APY (as of 06/15/26) APY. That means if you see an account with a higher interest rate, it would allow you to beat the average.

View Bonus & APY Details for our most recommended savings account

What do I need to have to open an online savings account?

Requirements to open an online savings account vary by the financial institution. You generally need to provide your full name, address, contact details, and a Social Security number. Some banks also require you to provide your driver's license information. If you are planning to fund the new account with money from a different bank or credit union, you will also need that account information.

How do I deposit or withdraw money from an online savings account?

The process for depositing and withdrawing money from online savings accounts varies by bank or credit union. Generally, you can fund an online savings account via electronic transfer from another bank account, by direct deposit, or by depositing a check. Withdrawals can generally also be completed by bank-to-bank transfer, or you may be able to request a check or use a debit card if your bank allows it.

Learn more about the current deposit bonus offered by our most popular savings account option

How we chose these products

FinanceBuzz evaluated a selection of bank accounts offered by our partners, looking at various criteria including interest rates, minimum deposit requirements, and more. We did not review all products in the category and compensation was considered when evaluating and ordering the products.

SoFi Checking and Savings

Limited-Time Offer: +0.90% boost to up to 4.20% APY on Savings for up to 6 months⁴ Earn up to 4.20% Annual Percentage Yield (APY) on one SoFi Savings account with a 0.90% APY Boost (added to the 3.30% APY as of 9/23/26) for up to 6 months. Open your first SoFi Checking and Savings account and receive eligible direct deposits OR qualifying deposits of $5,000 every 31 days by 12/31/26. Rates are variable, subject to change. Terms apply at <a href="https://www.sofi.com/banking/#4">sofi.com/banking#4</a>. SoFi Bank, N.A. Member FDIC. + Earn a $50 or $400 Bonus with eligible direct deposit.³ 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 Eligible Direct Deposits received within 25 calendar days of your first Eligible Direct Deposit of $1 or more) OR $400 (with at least $5,000 total Eligible Direct Deposits received within 25 calendar days of your first Eligible Direct Deposit of $1 or more). Cash bonus amount will be based on the total amount of Eligible Direct Deposit received within 25 calendar days of your first Eligible Direct Deposit of $1 or more. If you have satisfied the Eligible Direct Deposit requirements but have not received a cash bonus in your Checking account, please contact us at 855-456-7634 with the details of your Eligible Direct Deposit. Direct Deposit Promotion begins on 5/15/2026 and will be available through 12/31/2026. Full terms at <a href="https://www.sofi.com/banking/">sofi.com/banking</a>. SoFi Checking and Savings is offered through SoFi Bank, N.A., Member FDIC. SoFi members with Eligible Direct Deposit can earn 3.30% annual percentage yield (APY) on savings balances (including Vaults) and 0.50% APY on checking balances. There is no minimum Eligible Direct Deposit amount required to qualify for the 3.30% APY for savings (including Vaults). Members without Eligible Direct Deposit will earn 0.80% APY on savings balances (including Vaults) and 0.50% APY on checking balances. Interest rates are variable and subject to change at any time. These rates are current as of 9/23/26. Fees may reduce earnings. Additional information can be found at <a href="https://d32ijn7u0aqfv4.cloudfront.net/wp/wp-content/uploads/raw/SoFi-Bank-Rate-Sheet-September-23-2026.pdf">http://www.sofi.com/legal/banking-rate-sheet</a>. Terms apply. Member FDIC.⁷ SoFi Bank is a member FDIC and does not provide more than $250,000 of FDIC insurance per depositor per legal category of account ownership, as described in the FDIC’s regulations. Any additional FDIC insurance is provided by the SoFi Insured Deposit Program. Deposits may be insured up to $3M through participation in the program. See full terms at <a href="http://sofi.com/banking/fdic/sidpterms">SoFi.com/banking/fdic/sidpterms</a>. See list of participating banks at <a href="http://sofi.com/banking/fdic/participatingbanks">SoFi.com/banking/fdic/participatingbanks</a>.
No account, overdraft, or monthly fees⁵ We do not charge any account, service, or maintenance fees for SoFi Checking and Savings. We do charge transaction fees for outgoing wire transfers, Instant Transfers, and global remittance transfers. Our fee policy is subject to change at any time. See the SoFi Bank Fee Sheet for details at <a href="http://sofi.com/legal/banking-fees/">sofi.com/legal/banking-fees/</a>.
Get your paycheck up to two days early⁶ Early access to direct deposit funds is based on the timing in which we receive notice of impending payment from the Federal Reserve, which is typically up to two days before the scheduled payment date, but may vary.

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