The highest savings account rates today: High-yield savings accounts earning up to 2.15% APY

More online banks are raising interest rates on savings accounts. For example, Bask Bank, BrioDirect, and LendingClub all have savings accounts paying over 2% APY right now.

Our best savings accounts guide and best high-yield savings account guide can be great starting points in your research, as they often include helpful features other than just high rates for customers. But if you prioritize finding the highest rates above all else, then this list is for you.

What are the interest rates for savings accounts today?

The FDIC keeps tabs on national rates for interest-earning bank accounts. The average interest rate earned by a savings account right now is FDIC National Deposit Savings Rates.

We've been checking over a dozen financial institutions to keep up with their new rate offerings. Our list includes accounts with much higher interest rates than the national average since online institutions tend to offer high-yield bank accounts.

The most competitive high-yield savings accounts pay 1.75% APY or more right now. Keep in mind interest-bearing accounts may change. Savings accounts have a variable interest rate, which means that the rate may fluctuate at any time. 

The Federal Reserve has recently increased the federal funds rate multiple times this year, so savings interest rates are also expected to steadily increase throughout 2022.

Best savings account interest rates

The BrioDirect High-Yield Savings Account pays the highest interest rate on our list. The BrioDirect High-Yield Savings Account may be appealing if you are able to keep at least $25 in your account daily.

UFB High Yield Savings could be worthwhile if you'd like easy access to your account — the savings account comes with an ATM card. Meanwhile, the Bask Bank Interest Savings Account might be a good choice if you'd like to open an account with $0.

You might consider the Quontic High Yield Savings Account if you're looking to open a variety of bank accounts. Quontic has many options, including rewards checking accounts, CDs, and money market accounts. 

The LendingClub High-Yield Savings Account is another great high-yield savings account. It could be a good choice if you have at least $100 to get started.

Meanwhile, CIT Bank might be suitable for you if you plan to open a savings and checking account. The CIT Bank Savings Connect Account requires a minimum opening deposit of $100.

The TAB High-Yield Savings Account is also strong high-yield savings account. It doesn't have a minimum opening deposit.

The Citizens Online Access Savings Account is a good high-yield savings account overall, as long as you have at least $5,000 to open the account.

Lastly, if you're comfortable combining your checking and savings into one account, you might consider opening the SoFi Checking and Savings. The hybrid bank account comes with a debit card, and you'll be able to earn SoFi Checking and Savings if you set up a direct deposit.