Best High-Yield Savings Account Rates — August 2026
Brian McKay
Brian McKay
Founder & Data Architect- Automated Online Rate Data Aggregation
- Location-Based Rate Tables
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Top high-yield savings rates currently available include ORSA Credit UnionORSA Credit Union500 S HARVEY ST, PLYMOUTH, MI 48170 1759A5.0 ★Texas Ratio: 7.78% offering High Yield Savings at 10.00% APY, and Pathways Financial Credit UnionPathways Financial Credit Union5665 N Hamilton Rd, Columbus, OH 43230A5.0 ★Texas Ratio: 6.22% offering Owner Rewards Savings at 10.00% APY, and FNB of PandoraFNB of Pandora102 E Main St, Pandora, OH 45877A+5.0 ★Texas Ratio: 4.15% offering First Choice Rewards Savings at 5.50% APY, and Infuze Credit UnionInfuze Credit Union5000 Illinois Ave, Fort Leonard Wood, MO 65473A+5.0 ★Texas Ratio: 3.72% offering High-Rate Savings at 5.01% APY. Savings rates as of August 28, 2026 according to verified data from MonitorBankRates.
We evaluate the financial stability of every listed institution using proprietary Safety Grades (A+ to F), Star Ratings, and Texas Ratios — so you can maximize yield and deposit with confidence.
The APYs displayed reflect actual verified offers. Rates are subject to change at the institution’s discretion without notice. Savings Account Rates Last Updated and Verified: August 28, 2026
Compare the Best High-Yield Savings Rates
Save your money faster with 10.00% APY on your first $1,000! Pair it with your CloseEnuff Checking using grow & give and make the most of your cashflow! Rates are subject to change at any time. orsa credit union membership is required.
No additional details available.
Qualifications Required: Qualifications Required; First Choice Rewards Savings rates apply if qualifications are met each monthly qualification cycle on First Choice Rewards Checking account. APY range based on balance in account.
Qualifying balance up to $10,000.00
Earn over 8x above the national savings average with tiered rates as high as 5.00% APY. Boost your savings without sacrificing flexibility. With our new High Yield Savings account, you earn our highest yield of our non-certificate options and get penalty-free access to your funds anytime. Great way to build your savings. Deposit or withdraw as needed. No monthly service fee. Dividends accrued daily and paid monthly.
No additional details available.
No additional details available.
Qualifying balance up to $1,000.00
Make a debit purchase - We'll put 5¢ into a Unitus Rewards savings account for every purchase of $5.00 and up. Round up your purchase. Available with Unitus Checking.
Rates currently
Our signature savings account is available for all Maps personal memberships and it's completely free! You get our highest savings interest rate and you'll earn more the longer you keep your money in the account. Deposits come from three sources: Round Up, Cashback Credit Card, Reward Bonuses. To use your Reward balance, simply transfer the amount you want from your Member Rewards savings account to your checking or savings account.
For the Accelerate It Savings account, the dividend rate and annual percentage yield are subject to change without notice after account opening. APY dividend of 5.00% is earned on balances $100.00 to $5,000.99. Balances $5,001.00 and above will receive APY of 0.20%. One Accelerate It Savings per Social Security or Taxpayer Identification Number. For Accelerate It Savings accounts, you must have an open checking account located under the same membership number as the Accelerate It Savings account. If your checking account is closed for any reason, your Accelerate It Savings account will convert to a Regular Savings account. You must be 22 years or older to open an Accelerate It Savings account. Rate offers accurate as of 06/01/2025. APY is accurate as of the last dividend declaration date. Other rates and terms available. Fees may reduce earnings on the account. Membership eligibility required.
No additional details available.
No additional details available.
Up to the first $5,000; Funds over $100,000
No additional details available.
Tiered account; rate applies to entire balance. Federally insured by NCUA.
Due to exceptional demand, we have created a waiting list for our Personal High Yield Savings accounts while maintaining the rate structure and service to our thousands of existing, satisfied savings clients. We look forward to servicing your needs. We would welcome and appreciate the opportunity to call you in the future, show you the Newtek Advantage, and service all your savings and depository needs.
Get 4.10% APY* with a 13 month term and $500 minimum deposit.
Balances up to $250,000.00
No additional details available.
APY is variable and subject to change. Interest compounds daily and is paid monthly. Fees may reduce earnings. Terms and conditions apply.
No additional details available.
Qualifications Required: 10,000 STEPS AVERAGE PER DAY (7 ,500 steps for those 65+ ); 15 SWIPES in the Elite Checking ( debit card transactions per Account Period); The combination of both accounts (Fitness Elite Checking + Fitness Savings) earns the highest rate on your savings account. Meet Elite qualifications + $5,000 min average balance in checking. Initial Rate will be the top tier offered until the rate adjustment date following first calendar month that the account has been opened.
Exclusively for customers age 62 and older. Rates effective as of May 1, 2026. Rates may change at any time without prior notice. Fees could reduce earnings on the account. The Annual Percentage Yield (APY) is accurate as of the date shown. Deposit accounts are insured up to the maximum amount allowed by law by the Federal Deposit Insurance Corporation (FDIC).
Qualifications Required: Linked to Ruby Rewards Checking or Ruby Rewards Cash Back Checking qualifications.; Rate applies to balances up to $100,000.00. Interest rate on portion of balance over $100,000.00 is 0.25%. Linked to Ruby Rewards Checking or Ruby Rewards Cash Back Checking.
Qualifications Required; Qualifying balance up to $100,000.00
Qualifications Required: At least $500 in deposits and 10 withdrawals per month on an active checking account; Premium Rate : To receive the premium interest rate an active checking account that meets monthly minimums of $500 in deposits and 10 withdrawals is required. The premium rate will be applied at the end of each month on balances up to $25,000. Non-Premium Rate : Interest rate will decrease for balances above $25,000. Base Rate : Interest rate applied if checking activity doesn't qualify.
No additional details available.
Savings Rate Trends
Daily average APYs for high-yield and standard savings accounts
Weekly averages compiled from thousands of current savings rates across our database of 8,500+ banks and credit unions — updated every evening.
High-yield savings rates fell 0.124 points over the past 7 days to 1.987% APY, down from 2.111% last week.
Standard savings rates rose 0.005 points over the past 7 days to 0.799% APY.
What Is a High-Yield Savings Account?
A High-Yield Savings Account (HYSA) is a federally insured deposit account that pays interest rates significantly above the market average — typically 10 to 20 times higher than traditional savings accounts at brick-and-mortar banks. Online-only banks and financial technology companies can offer these elevated rates because they don’t carry the overhead of physical branch networks.
All legitimate HYSAs at FDIC-member banks are insured up to $250,000 per depositor. Credit union equivalents are covered by the NCUA for the same amount. Your principal is safe regardless of market conditions, and your account remains liquid — you can withdraw funds at any time without penalty, unlike a CD.
How to Compare High-Yield Savings Rates
When evaluating a HYSA, look beyond the headline APY. Consider: minimum deposit requirements, whether the rate is promotional or ongoing, any balance tiers that change the rate, monthly fee structures, and how quickly you can access funds via ACH transfer. MonitorBankRates also displays each institution’s Safety Grade, Star Rating, and Texas Ratio — so you can evaluate financial health alongside rate competitiveness.
HYSA vs. CD: A high-yield savings account keeps your money fully liquid. A Certificate of Deposit (CD) locks your funds for a fixed term in exchange for a guaranteed rate. If you don’t need immediate access, CDs can offer higher yields than even the best HYSAs.
What a High-Yield Savings Account Earns
The gap between a high-yield account and the standard savings rate most people leave money in is the single easiest return in personal finance to capture. Here is a year of interest at the current high-yield average versus the top verified offer in our table.
| Balance | Earned in 1 Year at 1.99% APY High-yield average |
Earned at 10.00% APY Top offer in our table | Difference |
|---|---|---|---|
| $1,000 | $19.87 | $100.00 | $80.13 |
| $5,000 | $99.36 | $500.00 | $400.64 |
| $10,000 | $198.72 | $1,000.00 | $801.28 |
| $25,000 | $496.80 | $2,500.00 | $2,003.20 |
| $50,000 | $993.60 | $5,000.00 | $4,006.40 |
Assumes the rate holds for the full year with no withdrawals and monthly compounding. Savings APYs are variable and can change at any time. Some accounts are tiered or cap the promotional rate at a maximum balance.
Where a High-Yield Savings Account Fits
All of these are insured deposit accounts. The right one comes down to one question: when do you need the money, and do you need to spend from it directly?
| High-Yield Savings | Money Market | Certificate of Deposit | Checking | |
|---|---|---|---|---|
| Rate Type | ● Variable | ● Variable | ✓ Fixed for the term | ● Variable, usually low |
| Access | ✓ Anytime by transfer | ✓ Anytime, often cheques or card | ✗ Early withdrawal penalty | ✓ Unlimited |
| Typical Minimum | ✓ Low or none | ● Higher, often tiered | Varies by product | ✓ Low or none |
| Protected If Rates Fall | ✗ No | ✗ No | ✓ Yes — locked | ✗ No |
| Best For | Emergency fund and short-term goals | A reserve you may spend from directly | Money with a known date you won’t touch | Day-to-day spending |
All four are covered by federal deposit insurance at an insured bank or credit union — $250,000 per depositor, per institution, per ownership category. That protection applies to the account type, not to any particular rate.
The Catch With Variable Rates
Every APY on this page is variable. The institution can change it whenever it likes, without notice. A high-yield savings account is not a rate you lock in — it is the rate you are offered today, and a rate table is a snapshot rather than a commitment.
That matters most at the very top of the table. An APY that beats the field by a wide margin is often introductory, and it can drift back toward the average within a few statement cycles once the account is funded. Before moving money for a headline number, check whether the rate is promotional, whether it applies to the whole balance or only a tier, and whether the institution has a history of staying competitive.
The practical response isn’t to avoid top offers — it’s to re-check your rate a couple of times a year rather than assuming it held. If the money has a known date attached and you want certainty over access, a fixed-rate CD removes the variability entirely.
About Our High-Yield Savings Rate Database
This page surfaces the highest-APY savings accounts we track, drawn from the thousands of verified rates in our database. Every APY is sourced directly from the institution’s own website and re-verified regularly, and each listing carries our Health Grade so the yield can be weighed against financial stability.
The highest verified APY in our table right now is 10.00% APY from ORSA Credit Union. APYs on these accounts are variable — the institution can change the rate at any time without notice, so today’s leader may not lead next quarter.
High-Yield Savings Calculator
See what your balance earns and what the APY difference is actually worth. We’ve prefilled the top verified rate — click any rate on the right to compare.
Assumes the APY holds for the entire period and interest compounds monthly with no withdrawals. Savings rates are variable and will change — multi-year figures are illustrative, not a forecast. Promotional rates may apply only up to a maximum balance, and interest is generally taxable. Not a rate guarantee or an offer.
Methodology & Data Sources
Direct-Sourced & Verified Savings Rate Data: We aggregate high-yield savings account rates directly from the official websites of banks and credit unions using our proprietary rate aggregation technology and a dedicated team of rate updaters. By pulling data straight from institutions’ own digital properties and manually verifying yields daily, every savings rate displayed on MonitorBankRates.com is highly accurate and trustworthy.
Local, Regional, and Coast-to-Coast Coverage: Our systems constantly monitor the market to provide a complete picture of available yields across the country. We feature a comprehensive mix of institutions — from neighborhood credit unions and competitive regional banks to high-yield online banks available to savers in all 50 states.
Daily Updates & Time-Stamped Accuracy: Our rate updaters verify and update savings rates daily. Because yields can fluctuate rapidly based on market conditions, every product listed features its own specific “last updated” date, giving you complete transparency into when that specific rate was confirmed.
Proprietary Institution Health & Safety Grades: Beyond tracking rates, MonitorBankRates evaluates the financial stability of every listed institution. Our Health Grades (A+ to F) and Star Ratings are composite metrics calculated using objective regulatory data — including the Texas Ratio — ensuring you deposit with secure, reliable institutions.
Savings Calculators
Frequently Asked Questions about High-Yield Savings Accounts
What is a High-Yield Savings Account (HYSA)?
Is my money safe in an online savings account?
Savings Account vs. Certificate of Deposit (CD)?
How often do savings rates change?
Do I have to pay taxes on interest earned?
Are online banks better than local banks for savings?
How do I open an online savings account?
What are the best High-Yield Savings rates right now?
- ORSA Credit Union
High Yield Savings — 10.00% APY - Pathways Financial Credit Union
Owner Rewards Savings — 10.00% APY - FNB of Pandora
First Choice Rewards Savings — 5.50% APY - Infuze Credit Union
High-Rate Savings — 5.01% APY - Kinecta Federal Credit Union
High Yield Savings — 5.00% APY
More Savings Rate Options
