Saved copy from October 4, 2026 · 34 verified
Best high-yield savings rates on October 4, 2026: up to 4.27% APY
The best rate that day was 4.27% APY at Peak Bank. The average savings account pays 0.37%. On $10,000, that is $427 a year instead of $37.
APY is the interest you earn in one year, including interest on your interest. By SwitchWize Research Desk. Every rate on this page came from the bank's own website. How we check
Rates change often, so this saved copy may be out of date. See today's rates.
Highest rate
4.27%
Peak Bank
See detailsHighest rate, no strings
4.25%
PiBank
See detailsHighest rate, $0 to open
4.25%
PiBank
See detailsHighest credit union rate
3.75%
Langley FCU
See details
All 34 savings accounts, best rate first
Pick how much you want to save and every account shows what it would pay you. Of the 34 verified accounts, 24 have no strings attached and 19 need $0 to open.
Every account below shows what that amount would earn in a year at today's rate. Rates can change at any time.
Showing 10 of 34 accounts. An average savings account would earn about $37 on $10,000.
- 1
Peak Bank
Envision High Yield Savings
4.27%
APY, per year
You would earn $427 a year on $10,000
$390 more than an average account
- Needed to open
- $100
- Monthly fee
- $0
- Insured by
- FDIC (bank)
New customers onlyRate changes with balanceNo change since Oct 2Read the fine print
Variable rate; APY may change at any time without notice. The advertised APY is for new accounts only. Balances of $500,000 and above earn 3.40% APY instead.
$100 minimum deposit to open the account; no minimum balance requirement is stated for earning interest.
We checked this on October 4, 2026 at 5:45 PM ET. See the bank's own page
- 2
PiBank
Pibank Savings
4.25%
APY, per year
You would earn $425 a year on $10,000
$388 more than an average account
- Needed to open
- $0
- Monthly fee
- $0
- Insured by
- FDIC (bank)
No change since Oct 2Read the fine print
Variable rate; the interest rate and APY can change at any time without notice.
No minimum balance is required to open the account or to maintain the stated APY.
We checked this on October 4, 2026 at 5:45 PM ET. See the bank's own page
- 3
EverBank
EverBank Performance Savings
4.20%
APY, per year
You would earn $420 a year on $10,000
$383 more than an average account
- Needed to open
- $0
- Monthly fee
- $0
- Insured by
- FDIC (bank)
New customers onlyNo change since Oct 2Read the fine print
Variable rate; APY may change without notice. The quoted APY is for new accounts only and may not apply to existing accounts. Can only be opened online or by phone.
No minimum opening deposit; the page says no minimum balance is required to earn interest.
We checked this on October 4, 2026 at 5:45 PM ET. See the bank's own page
- 4
LendingClub
LevelUp Savings
4.20%
APY, per year
You would earn $420 a year on $10,000
$383 more than an average account
- Needed to open
- $0
- Monthly fee
- $0
- Insured by
- FDIC (bank)
Needs monthly depositsNo change since Oct 2Read the fine print
Variable rate; may change at any time. Requires $250+ in deposits per month for 4.20%; otherwise the Standard Rate of 3.00% APY applies.
No minimum to open or minimum balance required.
We checked this on October 4, 2026 at 5:45 PM ET. See the bank's own page
- 5
Axos Bank
Summit Savings
4.01%
APY, per year
You would earn $401 a year on $10,000
$364 more than an average account
- Needed to open
- $0
- Monthly fee
- $0
- Insured by
- FDIC (bank)
New customers onlyStarter bonus rateNo change since Oct 2Read the fine print
Variable rate that is subject to change. The headline rate includes a limited-time promotional boost for new Axos customers. The boost lasts only the first six statement cycles. Prior Axos Bank or UFB Direct customers are not eligible for the boost.
The page states no minimum balance is needed to earn the APY.
We checked this on October 4, 2026 at 5:44 PM ET. See the bank's own page
- 6
Vio Bank
Online Savings Account
4.01%
APY, per year
You would earn $401 a year on $10,000
$364 more than an average account
- Needed to open
- $100
- Monthly fee
- $0
- Insured by
- FDIC (bank)
Possible feeNo change since Oct 2Read the fine print
Rate is subject to change without notice. A $5 monthly fee applies if you receive paper statements.
A $100 minimum is required to open the account; the page does not state a minimum balance to earn the APY.
We checked this on October 4, 2026 at 5:44 PM ET. See the bank's own page
- 7
Accordia Bank
High-Yield Savings
4.00%
APY, per year
You would earn $400 a year on $10,000
$363 more than an average account
- Needed to open
- $100
- Monthly fee
- $0
- Insured by
- FDIC (bank)
Starter bonus rateRate changes with balanceNew on our listRead the fine print
Variable rate; the interest rate and APY may change after account opening. The published 4.00% is the base rate for everyone. Utah residents who open an account by January 31, 2027 earn an extra 1.00% boost on balances up to $500,000.
A $100 minimum deposit is required to open the account; after that no minimum balance is required to earn interest.
We checked this on October 4, 2026 at 5:44 PM ET. See the bank's own page
- 8
Apple Bank
My Reserve Savings Account
4.00%
APY, per year
You would earn $400 a year on $10,000
$363 more than an average account
- Needed to open
- $1,000
- Monthly fee
- $0
- Insured by
- FDIC (bank)
New customers onlyNo change since Oct 2Read the fine print
Variable rate; the APY may be changed by the bank at any time, including after account opening. Headline rate requires new money not already on deposit at Apple Bank. Balances over $1,000,000 earn only 0.01%.
$1,000 of new money is required to open the account; a $1.00 minimum daily balance is needed to earn the stated APY.
We checked this on October 4, 2026 at 5:44 PM ET. See the bank's own page
- 9
Bread Savings
Bread Savings High-Yield Savings Account
4.00%
APY, per year
You would earn $400 a year on $10,000
$363 more than an average account
- Needed to open
- $100
- Monthly fee
- $0
- Insured by
- FDIC (bank)
No change since Oct 2Read the fine print
Variable rate; the APY can change at any time without notice.
A $100 minimum deposit is required to open the account.
We checked this on October 4, 2026 at 5:44 PM ET. See the bank's own page
- 10
Live Oak Bank
Live Oak Bank Personal Savings
4.00%
APY, per year
You would earn $400 a year on $10,000
$363 more than an average account
- Needed to open
- $0
- Monthly fee
- $0
- Insured by
- FDIC (bank)
No change since Oct 2Read the fine print
Rate is subject to change.
No minimum balance is required to earn the stated APY.
We checked this on October 4, 2026 at 5:45 PM ET. See the bank's own page
Ranked by APY only. These rates are variable, which means the bank can change them at any time. The bank's own page always has the final word.
Did any bank change its rate since Oct 2?
No. All 29 accounts we compared kept the same rate.
New on our list: CIT Bank, FNBO Direct, Prime Alliance Bank, Quontic Bank, Accordia Bank.
Compared with our check on October 2, 2026.
The Fed raised rates. Are savings rates going up?
Some are. The Federal Reserve raised its rate by 0.25 points on September 16, 2026, but banks decide for themselves whether to pass that on. So far 29 of the 87 savings accounts we track have raised their rate.
See if your bank passed it onHow the best rate has moved
Green is the best rate each day. Gray is the typical rate, where half of the accounts pay more and half pay less.
What a year of interest looks like
If the rate stayed the same for 12 months. Real rates move.
| You save | Best account (4.27%) | Typical account (3.75%) | Average account (0.37%) |
|---|---|---|---|
| $1,000 | $42.70 | $37.50 | $3.70 |
| $10,000 | $427 | $375 | $37 |
| $50,000 | $2,135 | $1,875 | $185 |
How to pick a savings account
- Check that it is insured. Look for FDIC at a bank or NCUA at a credit union. Each protects up to $250,000 per person, per bank, per type of account.
- Read the fine print. A rate that needs monthly deposits, or only applies to new customers, may not be the rate you get.
- Expect the rate to change. These rates are variable. A top rate today can drop next month, so check again before you move a large amount.
- Check the opening deposit. 19 of the 34 accounts here need $0 to open.
How we check these rates
- We read each rate from the bank's own page and keep a saved copy of the exact words as proof. If we cannot confirm a rate, we leave that account out.
- Every rate on this page came from the bank's own website. We recheck every day, and we only call the list current for 36 hours.
- We rank by APY and nothing else.
- The average account rate (0.37%) is the FDIC's national savings rate, published through the Federal Reserve's FRED database.
- See a wrong rate? Tell us and we will check it. You can also read our full method or use the free data feed.
Common questions about savings rates
What is the best high-yield savings rate today?
In our latest check on October 4, 2026, the best rate was 4.27% APY at Peak Bank (Envision High Yield Savings). We checked 34 accounts against each bank's own page. These rates are variable, so they can change at any time.
How much interest will $10,000 earn in a high-yield savings account?
At 4.27% APY, $10,000 earns about $427 in a year if the rate stays the same. At the 0.37% national average, the same $10,000 earns about $37.
Which savings account pays the most with no minimum and no catches?
PiBank pays 4.25% APY, needs $0 to open, and has no special conditions in its fine print.
What does APY mean?
APY stands for annual percentage yield. It is the interest you earn in one year, including interest on the interest you have already earned. A higher APY means more money for the same savings.
Is the highest rate always the best choice?
Not always. Some top rates only apply to new customers, need monthly deposits, or change with your balance. Read the fine print on each account, and check that the bank or credit union is insured.
Is my money safe in a high-yield savings account?
Money at an FDIC-insured bank, or an NCUA-insured credit union, is protected up to $250,000 per person, per bank, per type of account. Check that the bank or credit union is insured before you open an account.
How often is this page updated?
We recheck every rate against the bank's own page each day. We only call a list current for 36 hours. The latest check shown here was October 4, 2026.