Asked by: Christian Dare | Last update: August 4, 2025 Score: 4.8/5
(42 votes)
Best High-Yield Savings Account Rates for January 2025
Pibank – 4.75% APY.
Openbank – 4.75% APY*
BrioDirect – 4.75% APY.
Fitness Bank – 4.75% APY*
Newtek Bank – 4.70% APY.
TotalBank – 4.67% APY.
Popular Direct – 4.60% APY.
Bask Bank – 4.50% APY.
What bank is paying the highest interest right now?
Best Savings Account Rates
Openbank High Yield Savings: 4.75% (vary depending on location) APY.
Newtek Bank Personal High Yield Savings Account: 4.70% APY.
Popular Direct Savings: 4.60% APY.
Bask Bank Interest Savings Account: 4.50% APY.
Barclays Tiered Savings: 4.25% to 4.50% APY.
Which bank gives 7% interest on savings accounts?
Latest Savings Account Interest Rates Up To 7% p.a. IndusInd Bank.
Which US bank gives 7% interest on savings accounts?
For the foreseeable future, you won't find any banks that offer 7% APY on savings accounts. However, you can find some credit unions that pay 7% or more on checking accounts. Before opening an account, take a close look at the terms and conditions to determine whether you can earn the advertised rate.
Where can I get 7% interest on my money?
There are two high-yield checking accounts with interest of at least 7%, though: BCU PowerPlus Checking and Landmark Credit Union Premium Checking Account. Both come with major downsides, though. Are 7% interest savings accounts safe?
Best savings UK | How to get 8% interest - December 2024
43 related questions found
Which bank gives 8% interest?
Bandhan Bank is a leader among private banks, offering 8.05% interest for 1-year fixed deposits. RBL Bank offers 8.00% on FDs with a tenure of 500 days, ensuring that medium-term investors also get good returns.
Where can I get 5% interest on my savings account?
Where to find 5% interest savings accounts: 5 offers available
Digital Federal Credit Union Primary Savings Account: 6.17% APY. ...
LendingClub LevelUp Savings: 5.00% APY. ...
Poppy Bank Premier Online Savings Account: 5.00% APY. ...
Ivy Bank High-Yield Savings Account: 5.00% APY. ...
Varo Bank High-Yield Savings Account: 5.00% APY.
Which bank is best for savings accounts?
Overview of the Top Savings Bank Accounts of 2025
1) State Bank of India (SBI) Savings Account.
2) HDFC Bank Savings Account.
3) Kotak Mahindra Bank Savings Account.
4) DCB Bank Savings Account.
5) RBL Bank Savings Account.
6) IndusInd Bank Savings Account.
7) ICICI Savings Bank Account.
8) Axis Bank Savings Account.
What is the interest rate for Capital One?
Grow your personal savings with a high-yield savings rate— 3.80% APY.
Do you have to pay taxes on a high yield savings account?
“In simple terms,” says Richiest's Ashley, “the money you earn from a high-yield savings account is usually taxed just like your regular income. “This means that the interest you make on these accounts gets taxed by the federal government and, depending on where you live, your state government too.”
Which bank gives 9.5 interest rate?
Airtel Finance is in partnership with multiple small finance banks and NBFCs. They offer fixed deposit interest rates of up to 9.5% per annum, which is among the highest in the market. 5.
What happens if you put $50,000 in a high-yield savings account?
How much of a difference does this make? If you deposit $50,000 into a traditional savings account with a 0.46%, you'll earn just $230 in total interest after one year. But if you deposit that amount into a high-yield savings account offering, say, 4.60% APY,* your one-year interest soars to over $2,301.25.
Where can I get 10% interest on my money?
Here's my list of the 10 best investments for a 10% ROI.
How to Get 10% Return on Investment: 10 Proven Ways.
Invest in the Private Credit Market.
Paying Down High-Interest Loans.
Stock Market Investing via Index Funds.
Stock Picking.
Junk Bonds.
Fine Art + Collectibles.
Buy an Existing Business.
How to make 5k a month with 100k?
Invest in Dividend Stocks
To make $5,000 per month, you would need a portfolio of dividend stocks paying out at least a 5–6% dividend yield. For example, if you had a portfolio worth $100,000 paying out a 5% dividend yield, that would generate $5,000 in annual passive income.
Where to put $10,000 for best interest?
A stocks and shares Isa is likely to be most suitable. That is unless you will turn 55 within 30 years, in which case a pension might be a better tax wrapper for you. If you're unsure about the time horizon, you could invest in both a pension and a stocks and shares Isa.