Greatest high-yield financial savings rates of interest right now, January 26, 2026 (Earn as much as 4% APY)

Right now’s financial savings account charges nonetheless hover nicely above the nationwide common. Nonetheless, the Federal Reserve minimize the federal funds charge thrice in 2025, which implies deposit account charges are additionally on the decline. It is extra vital than ever to make sure you’re incomes the very best charge attainable in your financial savings, and a high-yield financial savings account could possibly be the answer.

These accounts pay extra curiosity than the everyday financial savings account — as a lot as 4% APY and better in some instances. Unsure the place to search out one of the best financial savings rates of interest right now? Learn on to search out out which banks have one of the best presents.

Usually, high-yield financial savings accounts supply higher rates of interest than conventional financial savings accounts. Nonetheless, charges range broadly throughout monetary establishments. That’s why it’s vital to buy round and evaluate charges earlier than opening an account.

As of January 26, 2026, the very best financial savings account charge out there from our companions is 4% APY. This charge is obtainable by SoFi,* Valley Financial institution Direct, and Barclays.

As you may see, nearly all of prime financial savings charges come from on-line banks. These establishments have a lot decrease overhead prices than conventional banks, to allow them to go these financial savings on to clients within the type of increased charges and decrease charges.

Here’s a have a look at a few of the greatest financial savings charges out there right now from our verified companions:

A high-yield financial savings account generally is a good match for those who’re searching for a safe place to retailer your cash and earn a aggressive rate of interest whereas sustaining liquidity. Conventional financial savings accounts and certificates of deposit (CDs) have a few of the highest rates of interest we’ve seen in additional than a decade, regardless of a number of charge cuts by the Federal Reserve. Even so, the nationwide common for these charges is pretty low in comparison with the highest presents out there.

For instance, the common financial savings account charge is simply 0.39%, whereas 1-year CDs pay 1.61%, on common, in response to the FDIC. The Fed can also be anticipated to decrease charges even additional within the coming months, which implies now is likely to be the final probability for savers to make the most of right now’s excessive charges.

Taking the time to match accounts and charges from varied monetary establishments will assist you to safe one of the best deal out there. Nonetheless, rates of interest aren’t the one issue to think about when selecting a financial savings account.

For instance, some banks might require that you simply keep a minimal stability to earn the very best marketed charge and keep away from month-to-month charges. Different components to guage embody customer support choices and hours, ATM and department entry, digital banking instruments, and the general monetary stability of the establishment. Moreover, earlier than opening a financial savings account, make certain that it’s insured by the Federal Deposit Insurance coverage Company (FDIC) — or the Nationwide Credit score Union Administration (NCUA) if it’s held by a credit score union — so your cash is protected in case the establishment fails.

Learn extra: Find out how to open a financial savings account: A step-by-step information

*Earn as much as 4.00% Annual Proportion Yield (APY) on SoFi Financial savings with a 0.70% APY Increase (added to the three.30% APY as of 12/23/25) for as much as 6 months. Open a brand new SoFi Checking & Financial savings account and enroll in SoFi Plus by 1/31/26. Charges variable, topic to vary. Phrases apply at sofi.com/banking#2. SoFi Financial institution, N.A. Member FDIC.