The Best High-Yield Online Savings Accounts in 2024

Finance

By Amrit Maurya Updated On 25 Feb 2024

Are you ready to ditch the measly interest rates of traditional savings accounts and embrace the power of high-yield online savings accounts in 2024? 

SoFi Checking and Savings offers up to 4.60% APY with no monthly fees. However, you need to have at least $5,000 in direct deposits to qualify for the highest APY.

 American Express® High Yield Savings Account offers 4.35% APY with no minimum deposit or monthly fees.

Upgrade Premier Savings offers 5.07% APY with no monthly fees and no minimum balance requirement to open the account. However, you need a minimum of $1,000 to earn the competitive rate.

 Barclays Online Savings Account offers 4.60% APY with no monthly fees and no minimum balance requirement.

Discover® Online Savings offers 4.30% APY with no monthly fees and a $200 bonus for opening an account and meeting certain requirements.

Synchrony Bank High Yield Savings offers 4.75% APY with no monthly fees and no minimum balance requirement.

 CIT Bank Platinum Savings offers 5.05% APY with no monthly fees, but requires a $5,000 minimum balance to earn the highest APY.

EverBank Performance℠ Savings offers 5.15% APY with no monthly fees and no minimum balance requirements.

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