For anyone looking to save money effectively, finding the best high-yield savings accounts on the market is key. These accounts offer higher interest rates and added benefits that help your money grow faster. Here are some of the standout picks for 2025:
1. Axos Bank: “ONE” High-Yield Savings
Among the highest-yielding options available, Axos Bank stands out with an APY of around 4.51% on its “ONE” savings account. It typically requires little to no minimum deposit to open.
Because it’s an online savings account, customers benefit from lower maintenance fees and fewer branch-related requirements.
Why it stands out: In 2025, the high-yield savings landscape features APYs between 4% and 5%, and Axos ranks near the top with its 4.51% return.
2. Newtek Bank: Personal High-Yield Savings
Another strong option, Newtek Bank offers a competitive APY of approximately 4.35%, with no minimum deposit required in many cases.
This makes it ideal for savers who want a high interest rate without needing a large initial deposit.
Why it stands out: While traditional banks often offer rates below 1%, Newtek delivers significantly higher yields, making it a great choice for maximizing returns on everyday savings.
3. Openbank (by Santander): High-Yield Savings
Openbank, the online division of Santander Bank, ranks among the best high-yield savings accounts of 2025. It offers an APY of about 4.20% with a $500 minimum opening balance.
There are usually no monthly fees, and customers can manage everything through the mobile app or online platform. It’s a smart option for those who want a trusted brand name combined with full digital convenience.
Why it stands out: It combines a strong APY with the reliability of an established global bank like Santander, all within a user-friendly online experience.
4. CIT Bank: Platinum Savings
CIT Bank is a solid pick for customers with larger balances who want premium savings options. The Platinum Savings account offers an APY of around 3.85%, but requires a minimum balance of $5,000 to earn the top rate.
CIT also occasionally provides deposit bonuses or promotional incentives for higher balances.
Why it stands out: For those with more substantial savings, this account offers a good balance of strong returns and the security of a well-established online bank.
5. Capital One 360 Performance Savings
While not always the highest rate available, the Capital One 360 Performance Savings account consistently ranks among the best for its solid yield (around 3.40% APY) and broad accessibility through both online and physical branches.
Capital One’s reputation and nationwide presence make it an attractive option for users who value both credibility and convenience.
Why it stands out: It may not have the absolute top APY, but it offers a well-rounded mix of reliability, accessibility, and competitive returns, ideal for those who want a trusted name with good interest rates.
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All information in this and other US PIXIN articles is subject to change over time. Please check for updates directly with the institutions and companies mentioned. Approval is subject to the institution’s review.
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