The Top 7 High Yield Savings Accounts For 2025

Опубликовано: 12 Январь 2025
на канале: Danny Sully
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Top 7 Best High Yield Savings Accounts For 2025. With these High Yield Savings Accounts you will be able to start earning much more interest on your savings and all it takes is a few clicks of a button. - Enjoy!
This list is in no particular order, click below to learn more and get started:
American Express: https://shorturl.at/tjlTS
Barclays: https://shorturl.at/tjlTS
Bask Bank: https://shorturl.at/tjlTS
SoFi: https://shorturl.at/tjlTS
UFB Direct: https://shorturl.at/tjlTS
Ally Bank: https://shorturl.at/el39y
CIT Bank: https://shorturl.at/tjlTS

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⏰ Timestamps ⏰
00:00 Intro
00:54 AMEX
03:14 Barclays
04:24 Bask Bank
05:08 SoFi
07:54 UFB Direct
09:02 Ally Bank
10:12 CIT Bank

Why A High Yield Savings Account?
A High Yield Savings Account is a type of savings account where you can earn higher interest than one with a traditional bank. The accounts shown in this video all come with no monthly fees nor minimum deposit requirement, very liquid, have proven trust and high ratings from its users, and are all stated to be FDIC insured.

Updated as of Posting Date (12/01/2024):
1. American Express - 3.90% APY
American Express (AMEX) is a dominating bank especially in the credit card space where they offer a great all around high yield savings account. Other large banks you may be interested to use as well may be capital one, discover, marcus by goldman sachs, or even apple.

2. Barclays - 4.50% APY and a $200 bonus until 01/06/2025 if you deposit over $25,000.
Barclays provides a solid savings accounts that has no fees or balance requirements and is FDIC insured.

3. Bask Bank - 4.65% APY
Bask Bank offers extremely competitive rates on their savings as well as CDs. If you are interested to view more of there CD options, check this out: https://dannysully.link/CDs

4. SoFi - 4.20% APY and up to a $300 welcome bonus.
SoFi offers a checking and savings account together when you sign up. The company offers many features such as savings vaults and recurring transfers. After you set up a direct deposit you will earn a 4.20% yield and you can earn up to a $300 cash sign up bonus.

5. UFB Direct - 4.31% APY
UFB Direct has an easy to use and very simple platform. You can also earn a 0.2% APY boost if you pair it with their checking account but there are specific requirements you have to fulfill to get the extra boost.

6. Ally Bank - 3.85% APY
Ally Bank's Online Savings Account has a great beginner friendly display that is commonly known for their savings boosters such as their bucket tool, roundups, recurring transfers, and surprise savings. Although they offer the lowest yields, they offer great features.

7. CIT Bank - 4.55% APY
This is another all around simple savings account to use that also offers among the highest rates consistently in the market, but be aware of their minimum balance requirements. The minimum is $5,000 so if you are above that and want a consistent high earning account, this may be a solid option.

This list is in no particular order. To learn more and get started, links for each are attached above.

Please let me know if you have any questions!

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Disclaimer: This content is for entertainment purposes only. The information provided in this video does not, and is not intended to, constitute legal, tax or financial advice; instead, all information, content, and materials available on this video and on this channel are for general informational purposes only. The presenter is not an attorney, accountant or financial advisor. Viewers of this video should contact their attorney, accountant or financial advisor to obtain advice with respect to any particular legal, tax or financial matter.