6 savings accounts currently earning 4.5% or more APY

A top high-yielding savings rate of at least 4.5% will increase your savings balance in the long run.

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Now you can earn nearly 5% APY. high yield savings account.

Some banks pass on the high interest rates set by the Federal Reserve to their customers. Savings account APY. However, not all savings accounts offer the same value. Currently, the best places to find competitive rates are usually online bank Or the online department of your existing bank. These banks have lower overheads than brick-and-mortar banks and offer services such as: high yield savings account It helps you get hundreds of profits on your balance.

Many good high yield accounts currently offer APYs between 4.00% and 4.50%, which is much higher than average. national average 0.40% APY for savings accounts.some people are inching towards 5%after the Fed’s recent rate hike, the federal funds rate target range was set at 5.00% to 5.25%.

Below are some details. best savings rate todaycurrently offering over 4.50% APY on 6 High Yield Savings Accounts.

Compare the current highest interest rates now and get more interest.

6 High Yield Savings Accounts with APY 4.5% or higher

The following high-yield savings accounts not only offer the best interest rates you can find today, a safe place to keep your money. Each of these accounts is FDIC insured, which means deposits of up to $250,000 per account holder and account type are safe. bank failure.

CIT Bank: 4.85% APY

Earn up to 4.85% APY with your CIT Bank Platinum Savings Account. High rates require a minimum balance of $5,000, with a minimum starting deposit of $100. If you don’t have a balance of $5,000, you will only get 0.25% APY. There are no fees on your account. CIT Bank is a division of First-Citizens Bank and Trust.

Popular Direct: 4.85% APY

Popular Direct Savings offers an even more impressive 4.85% APY as long as you meet the minimum starting deposit of $100. There is no monthly service fee, but you may be charged $25 if you close your account within 180 days of opening. You can also access your account anytime using Online Banking or Mobile Banking. Popular Direct is the online division of Popular Bank.

UFB Direct: 4.81% APY

UFB Direct’s Premier Savings Account offers 4.81% APY with no maintenance fees or minimum deposit requirements. UFB Direct is a division of online bank Axos Bank. UFB high-yield accounts come with great rates plus a free ATM card, mobile check deposit, and other digital tools for online banking.

Basque Bank: 4.75% APY

Bask Interest Savings Account earns 4.75% APY. There are no monthly fees and no minimum balance requirements. You can send money to and from your account by linking up to two external accounts. Basque Bank is a division of Texas Capital Bank.

Bread savings: 4.65% APY

Earn up to 4.65% APY on deposits to your Bread Savings high yield savings account. There are no monthly fees and a minimum deposit of $100 is required to open. Bread Savings is part of Bread Financial, a division of Comenity Capital Bank.

Salem Five Direct: 4.61% APY

Salem Five Direct eOne Savings accounts earn 4.61% APY on every deposit up to $1 million. A deposit of at least $10 is required to open an account, but there are no monthly fees. There are no ongoing minimum balance requirements. Salem Five Direct is the online division of Salem Five Bank.

See more comparisons of today’s top savings accounts here.


Savings account interest rate It’s better now than it has been in years. Depending on your balance, may I add A good high yield savings account can save you hundreds, even thousands of dollars.

Even if you want to ensure security, emergency fund Or, if you want to set aside money for a big upcoming expense, a high-yield savings account is one of the best ways to keep your money safe until you get a lot of money. Boost from interest income.

Find the account and interest rate that best suit your savings goals and get started today!


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Written by Natalia Chi

Chicago Popular; Chicago breaking news, weather and live video. Covering local politics, health, traffic and sports for Chicago, the suburbs and northwest Indiana.

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