Who ranks for “highest yield savings account”

As of late January 2026, the highest-yielding savings accounts offer rates around 5.00% APY, with top contenders including Varo Bank, AdelFi, and Apple Federal Credit Union. These digital-first, FDIC-insured accounts generally feature no monthly maintenance fees and high-interest rates far above the national average, often requiring minimal opening deposits.

Top High-Yield Savings Accounts (January 2026)

Varo Bank : 5.00% APY AdelFi : 5.00% APY Apple Federal Credit Union : 5.00% APY Fitness Bank : 4.75% APY Pibank : 4.60% APY CineFi : 4.50% APY OnPath Credit Union : 4.40% APY Axos Bank : 4.31% APY Openbank : 4.20% APY

Key Considerations

Rates are Variable: The advertised APY (Annual Percentage Yield) can change based on the Federal Reserve's rate decisions. Fees and Minimums: While top accounts often have no fees, some may require a minimum balance to earn the highest rate (e.g., Openbank requires $500, Vio Bank requires $100). Access: These are mostly online-only banks, meaning no physical branches, but they offer robust mobile apps and ATM access. Safety: Ensure the institution is FDIC-insured (for banks) or NCUA-insured (for credit unions) to protect deposits up to $250,000.

Disclaimer: Rates and availability are subject to change,, and the information provided is based on data as of January 27-28, 2026.