Best interest rates with high savings today, August 24, 2025 (win up to 4.3 % APY)

High savings account rates have decreased-but some of the best accounts still pay more than 4 % APY. In order to get the highest possible interest rate in your savings, it is important to make your search and find competitive offers. I am not sure where to start? Here is a closer look at the interest rates of savings today and where you can find the best interest rates.

Average interest rate on a Traditional savings account It is only 0.39 %, according to FDIC. However, the best savings rates can be found on high yields, which often pays much more.

As of August 24, 2025, the highest savings account rate available from our partners is 4.3 % APY. This rate is served by Everbank and requires at least 0 dollars.

Below is a look at some of the best savings rates today from our verified partners:

Over the past decade, interest rates have fluctuated in the savings account slightly. From 2010 to about 2015, the prices were rocky, hovering about 0.06 % to 0.10 %. This was largely due to the 2008 financial crisis and Federal ReserveThe decision to reduce its target rate to nearly zero to stimulate economic growth.

From 2015 to 2018, interest rates gradually began to increase. However, it remained low in historical standards. Then the appearance of the Covid-19 in 2020 led to another sharp decrease in the rates as the federal reserve again reduced the rates to stimulate the economy. This average interest rates reached the low prices to its lowest levels, about 0.05 % to 0.06 % by mid -2011.

Since then, the savings account rates have been largely restored, largely driven by the Federal Reserve High interest rate In response to inflation. However, the Federal Reserve recently reduced the rate of federal funds in September, November and 2024, and as a result, deposit prices began to decline as well. Whether the rates will continue to decline or not after their meeting in September.

Below is a look at how to change interest rates in savings over the past decade:

Although interest rates have increased significantly since 2021, the average savings account rate is still somewhat low, especially compared to market investments. If you save a long -term goal like teaching a child or retirement, it is possible that the savings account is not possible for the returns needed to reach your goal.

On the other hand, if you save the emergency fund, the home front, or the leave, or any other goal in the short term, a High -yield savings account Ideal – especially if you want to reach money as needed. Other types of deposit accounts, including Call and CD marketsSimilar or even better rates may provide, but restrict the number of times you can do. The key is shopping and finding an account that provides a competitive price with low or without fees.