Best High Yield Savings Interest Rates Today, December 25, 2025 (Primary Account Pays 4% APY)

If you’re looking to boost your savings, a high-yield savings account could provide an above-average return to help your balance grow faster. However, not all banks offer high interest rates on savings accounts, which is why it’s important to shop around and find the most competitive savings interest rates available. Read on to find out where to find the best savings interest rates today.

Savings account rates have been falling since last year, when the Federal Reserve began cutting the federal funds rate.

The good news is that many high yield savings accounts still offer rates around 4% APY and above. The best rates are usually offered by online banks, although you can find comparable savings interest rates at some credit unions and community banks.

As of December 25, 2025, the highest savings rate available from our partners is 4% APY. This rate is offered by SoFi.*

Here’s a look at some of the best savings interest rates available today from our verified partners:

It is important to select a savings account with a competitive interest rate. The higher the rate, the faster your balance will increase over time. That said, the interest rate should not be your only point of comparison.

Other factors, such as fees, ATM location, bank reputation, etc. must also be taken into account. The best savings accounts offer a combination of high rates, low fees, accessibility, and an overall positive banking experience.

Don’t know where to start? Consult our ranking of 10 Best High Yield Savings Accounts available today.

After several years of near-zero interest rates, the Federal Reserve began to raise the interest rate. the federal funds rate in 2022 in order to combat the rapid rise in inflation. As a result, savings interest rates have skyrocketed, reaching their highest level in 15 years.

However, in late 2024, the Fed implemented a series of cuts to the federal funds rate and savings account rates began to decline. Recently, the Fed announced its third rate cut for 2025, and further rate cuts are expected in the coming months.

It’s difficult to predict exactly how and when interest rates will change in the future, but one thing is certain: today’s high savings account rates won’t last forever. So, if you want to give your savings a boost and take advantage of the best rates on the market, there’s no better time than now.

The requirements for opening a savings account vary depending on the financial institution. However, if you are ready to open an account, you can follow these general steps:

• Prices for the research savings account: Of course, when choosing a savings account, one of the most important factors to evaluate is interest rates. Make sure you select a savings account with a competitive rate to help your money grow.

• Determine your must-haves: While savings account interest rates should be a priority, it’s not the only factor to consider. You’ll also want to think about what else you need from your account, whether or not minimum balance requirementreduced fees or other benefits. Finding a savings account with a solid rate that also helps you reach your goals is essential.

• Prepare documentation: Opening a bank account requires you to provide some important personal information and documents. Before you begin your application, make sure you have your Social Security number, driver’s license or passport number, and proof of address.

• Complete the application: In many cases, you can apply for a savings account online. However, some financial institutions may require you to visit the branch in person to apply. Either way, applying for a new savings account should only take a few minutes. In many cases, you will get your approval decision instantly.

• Fund your account: Once your savings account application is approved, you will need to add funds to the account. Make sure you are aware of the opening minimum deposit requirements and funding schedule.

Learn more: Step-by-step instructions for opening a high-yield savings account

*Earn up to 4% Annual Percentage Yield (APY) on SoFi Savings with a 0.70% APY boost (added to 3.30% APY starting 11/12/25) for up to 6 months. Open a new SoFi Checking & Savings account and sign up for SoFi Plus by 1/31/26. Variable rates, subject to change. Conditions apply to sofi.com/banking#2. SoFi Bank, Member NA, FDIC.