The highest savings account rates today: High-yield savings accounts offering 2.60% APY or more

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More online banks are raising interest rates on savings accounts. For example, UFB Direct, Bread Savings, and LendingClub all have savings accounts paying 2.85% APY or more.

Our best savings accounts guide and best high-yield savings account guide can be great starting points in your research if you're looking for bank accounts with unique perks or features. But if you prioritize finding the highest rates above all else, this list is for you.

What are the interest rates for savings accounts today?

The FDIC keeps tabs on national rates for interest-earning bank accounts. The average interest rate paid by a savings account right now is FDIC National Deposit Savings Rates.

We've been checking over a dozen financial institutions to keep up with their new rate offerings. Our list includes accounts with much higher interest rates than the national average, since online institutions tend to offer high-yield bank accounts.

The most competitive high-yield savings accounts pay up to 3.01% APY right now. Keep in mind interest rates may change. Savings accounts have variable interest rates, which means that the rates can fluctuate at any time. 

The Federal Reserve has increased the federal funds rate several times this year, so savings interest rates are also expected to steadily increase throughout 2022.

Best savings account interest rates

UFB Elite Savings: UFB Rewards Savings

UFB Elite Savings could be worthwhile if you'd like easy access to your account — the savings account comes with an ATM card. UFB Direct only offers types of online savings accounts. If you're planning on opening a checking account or CD as well, you might consider other options.

Bread Savings: Bread Savings High-Yield Savings Account

The Bread Savings High-Yield Savings Account is another solid high-yield savings account. It could be a good choice if you have at least Bread Savings High-Yield Savings Account to get started.

If you haven't heard of Bread Savings, you might be familiar with Comenity Direct. Comenity Direct has recently been rebranded because its parent company, Bread Financial, has expanded to include lending options.

LendingClub High-Yield Savings Account: LendingClub High-Yield Savings Account

The LendingClub High-Yield Savings Account might be ideal if you have at least LendingClub High-Yield Savings Account to open an account. LendingClub also has a solid cash-back checking account. 

BrioDirect High-Yield Savings Account: BrioDirect High-Yield Savings Account

The Redirect High-Yield Savings Account may be appealing if you can open an account with at least BrioDirect High-Yield Savings Account. Most high-yield savings accounts at online banks have lower minimum opening deposits, though.

Bask Bank Interest Savings Account: Bask Bank Interest Savings Account

Bask Bank could be a good fit if you'd like to open an account with Bask Bank Interest Savings Account. However, keep in mind that the online-only bank only offers two types of savings accounts. If you're also looking for a checking account or CD, you'll want to consider other financial institutions. 

Credit Karma Save Account: Credit Karma Money Save Account

The Credit Karma Money Save Account has no minimum opening deposit or monthly fees. This may a good option if you are looking to open a high interest rate on a savings account or you find Credit Karma's instant feature appealing. Credit Karma's Instant Karma feature allows you to earn rewards when you use your Credit Karma debit card. 

Keep in mind Credit Karma only has a save account and spend account. If you'd like to open a CD or money market account too, you might consider other institutions.

CIT Bank Savings Connect: CIT Bank Savings Connect Account

The CIT Bank Savings Connect Account is straightforward savings account with a high-interest rate. CIT Bank might be ideal if you're searching for CDs or money market accounts, too. CIT Bank is currently offering a unique promotional offer through its money market account, and the bank offers a wide range of CD options.

Personal Capital Cash Account: Personal Capital Cash Account

Although Personal Capital is primarily an investment platform, you may also earn a high interest rate on your cash by opening the Personal Capital Cash Account. Anyone can open an account as long as they're a US citizen or a US permanent resident who is over the age of 18 and doesn't have any IRA backup withholdings.

To earn 2.70% APY, you must be a Personal Capital advisory client. Otherwise, you'll earn 2.60% APY.

TAB Bank High-Yield Savings Account: TAB High-Yield Savings Account 

You might consider banking with TAB Bank if you're looking to open other accounts along with your high-yield savings account. TAB Bank pays competitive rates on CDs along with its TAB High-Yield Savings Account.

TAB Bank doesn't have an ATM network, though, so when you use any ATM, the bank will charge you a fee.