The best high-yield savings accounts in July 2026 pay between 3.00% and 4.15% APY. The top rate in this comparison is Forbright Bank Growth Savings at up to 4.15% APY for new customers who meet a $1,000 minimum balance requirement. Happen Bank LevelUp Savings and E*TRADE Premium Savings both offer 4.00% APY, with Happen Bank requiring no minimum balance to earn the rate. All ten accounts listed here are FDIC-insured.
Rate range (July 2026): 3.00% APY (Capital One 360 Performance Savings) to 4.15% APY (Forbright Bank Growth Savings)
Best High-Yield Savings Accounts: Quick Comparison (July 2026)
| Bank | APY | Bonus | Best For |
|---|---|---|---|
| CIT Bank Platinum Savings | Up to 4.10% | 0.35% APY Boost | Multiple high-yield savings options |
| E*TRADE Premium Savings | 4.00% for 6 months | $400 | Linking to investment accounts |
| SoFi Checking and Savings | Up to 3.80% | $400 + 0.70% APY Boost | Combination savings and checking account |
| Marcus by Goldman Sachs | 3.40% | N/A | Great track record of strong rates |
| Capital One 360 Performance Savings | 3.00% | N/A | Access to in-person withdrawals |
| Western Alliance Bank High-Yield Savings | 3.80% | N/A | Personal high-yield savings from a business-oriented bank |
| Barclays Tiered Savings Account | 3.50% | $200 | Online savings tools |
| Forbright Bank Growth Savings | Up to 4.15% | 0.30% APY Boost | High-yield savings with an eco-friendly mission |
| Bask Bank Bask Interest Savings Account | 3.75% | N/A | Online access to savings and CDs |
| Happen Bank LevelUp Savings | 4.00% | N/A | APY boosts |
Verify current APY directly with each bank before opening an account. Rates shown are as of July 2026. Inclusion is not an endorsement or recommendation.
What to Look For in a High-Yield Savings Account
Not all high-yield savings accounts are structured the same way. Before opening one, it is worth comparing accounts on a few key points beyond the headline APY.
APY and minimum balance requirements. Some accounts offer their top rate only if you maintain a minimum balance. CIT Bank Platinum Savings requires $5,000 or more to earn its 4.10% APY; Forbright Bank requires $1,000. Every other account in this comparison, including SoFi, Marcus, Capital One, Western Alliance ($0.01), Barclays, Bask, E*TRADE, and Happen Bank, requires $0 or essentially no minimum to earn the stated rate.
Promotional versus ongoing rates. E*TRADE’s 4.00% APY is a promotional rate for the first six months. Forbright’s 4.15% includes a 0.30% boost that runs through December 31, 2026. After those periods end, rates may be lower. Ongoing rates like Marcus at 3.40% and Capital One at 3.00% do not carry expiration dates, though they are still variable and can change at any time.
Cash bonuses. Three accounts in this comparison offer a cash bonus: E*TRADE up to $400, SoFi up to $400, and Barclays $200. Each comes with qualifying requirements check the current terms before applying, as conditions vary and may change.
FDIC insurance. Every account in this comparison is held at an FDIC-member bank, meaning deposits are protected up to $250,000 per depositor per institution. A high-yield savings account is as safe as any other bank deposit. The only difference is the rate you earn.
Account Summaries
CIT Bank Platinum Savings
CIT Bank Platinum Savings offers up to 4.10% APY, with a minimum balance of $5,000 required to earn the top-tier rate. The account also offers a 0.35% APY boost. It is shown in the comparison as best for savers who want multiple high-yield savings options. The account is held at CIT Bank, Member FDIC.
E*TRADE Premium Savings
E*TRADE Premium Savings earns 4.00% APY for the first six months, with no minimum balance required. New customers may also qualify for a $400 cash bonus, requirements apply. It is shown in the comparison as best for linking savings to investment accounts. The account is held at Morgan Stanley Private Bank, National Association, Member FDIC.
SoFi Checking and Savings
SoFi Checking and Savings earns up to 3.80% APY with no minimum balance requirement. New customers may qualify for up to $400 cash plus an additional 0.70% APY boost on savings, terms apply. It is shown in the comparison as best for a combination savings and checking account. SoFi was designated a 2026 Best Bank. The account is held at SoFi Bank, N.A., Member FDIC.
Marcus by Goldman Sachs Online Savings Account
Marcus by Goldman Sachs Online Savings Account earns 3.40% APY with no minimum balance and no bonus offer. It is shown in the comparison as best for savers who value a strong track record of competitive rates. The account is held at Goldman Sachs Bank USA, Member FDIC.
Capital One 360 Performance Savings
Capital One 360 Performance Savings earns 3.00% APY which is the lowest rate in this comparison with no minimum balance and no bonus. It is shown in the comparison as best for access to in-person withdrawals. Capital One operates physical branch locations, which is uncommon among the other providers listed here. The account is held at Capital One, Member FDIC.
Western Alliance Bank High-Yield Savings
Western Alliance Bank High-Yield Savings earns 3.80% APY with a $0.01 minimum balance and no bonus. It is shown in the comparison as best for personal high-yield savings from a business-oriented bank. The account is held at Western Alliance Bank, Member FDIC.
Barclays Tiered Savings Account
Barclays Tiered Savings Account earns 3.50% APY with no minimum balance. New customers may qualify for a $200 bonus with qualifying activities, terms apply. It is shown in the comparison as best for online savings tools. The account is held at Barclays, Member FDIC.
Forbright Bank Growth Savings
Forbright Bank Growth Savings earns up to 4.15% APY. This includes a 0.30% APY boost for new customers through December 31, 2026, applied on top of a standard 3.85% APY, with a $1,000 minimum balance required. It is shown in the comparison as best for high-yield savings with an eco-friendly mission. The account is held at Forbright Bank, Member FDIC.
Bask Bank Bask Interest Savings Account
Bask Bank Bask Interest Savings Account earns 3.75% APY with no minimum balance and no bonus. It is shown in the comparison as best for online access to savings and CDs. The account is held at Bask Bank, Member FDIC.
Happen Bank LevelUp Savings (formerly LendingClub)
Happen Bank LevelUp Savings, formerly offered by LendingClub, earns 4.00% APY with no minimum balance and no bonus. It is shown in the comparison as best for APY boosts. The account is held at Happen Bank, Member FDIC.
SoFi High-Yield Savings Account
SoFi Checking and Savings offers up to 3.80% APY with no minimum balance, so it is accessible regardless of starting balance. The account combines checking and savings in a single product, which may suit people who want to manage everyday spending and a high-yield savings balance in one place rather than maintaining accounts at two separate institutions.
The $400 cash bonus and additional 0.70% APY boost are available to new customers who meet the qualifying terms. Review SoFi’s current requirements before applying.
SoFi HYSA requirements: The minimum balance to earn the stated 3.80% APY is $0. The cash bonus and APY boost involve separate eligibility criteria.
Capital One 360 Performance Savings: What Makes It Different
Capital One 360 Performance Savings earns 3.00% APY, which is the lowest rate in this comparison, but it has a distinct feature that sets it apart: access to in-person withdrawals. Capital One operates physical branches and banking cafés, unlike the other providers in this list, which are primarily online.
This may matter if you prefer face-to-face customer service, occasionally need to move money in person, or already bank with Capital One and want to keep your savings at the same institution. If maximizing APY is the priority, other accounts in this comparison offer higher rates with no minimum balance requirement.
Monthly Savings Strategy
A high-yield savings account works best as part of a consistent savings routine. Three approaches that many savers find useful:
Automate transfers on payday. Setting a recurring transfer from your checking account to your HYSA means money moves before you have a chance to spend it. Most banks support scheduled transfers at no cost.
Set a target balance. Decide on a savings goal such as three months of expenses, a down payment, or a specific purchase, and track how interest helps close the gap over time. Seeing the interest compound can reinforce the habit.
Separate savings buckets. Some savers use multiple accounts or sub-account labels to keep their emergency fund separate from a travel fund, a car fund, or another goal. This can help avoid spending money earmarked for one purpose on another.
As an illustration of how yield variances affect earnings: at a stable 4.00% APY, a $10,000 balance generates exactly $400 in interest over a year. At 3.00% APY, the same balance generates $300. If the balance is increased to $25,000, those annual interest figures become $1,000 and $750, respectively. The nominal gap between yields widens as balances increase, highlighting why comparing account features and rates becomes increasingly relevant for larger savings amounts.
How to Compare HYSA Accounts
Before opening an account, a few questions worth asking:
- Is the rate promotional? E*TRADE’s rate applies for the first six months; Forbright’s boost runs through December 31, 2026. Plan for what the rate may look like after the promotional period ends.
- What minimum balance is required for the top rate? CIT Bank requires $5,000; Forbright requires $1,000. All other accounts in this comparison require $0 or $0.01.
- Is there a cash bonus, and what are the requirements? E*TRADE ($400), SoFi ($400), and Barclays ($200) all offer bonuses with qualifying terms.
- Does in-person access matter? Capital One is the only account in this comparison with physical branch access.
- Do you want a combined checking and savings account? SoFi offers both in a single account; the others are standalone savings accounts.
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