Rates updated · Based on 94 tracked high-yield savings accounts

How much are you losing in a typical high-yield savings account instead of the best one?

A saver in a typical high-yield savings account gives up about $977 a year versus a top-available one — a gap of 3.91 percentage points (0.46% national average vs 4.37% best available) on a $25,000 balance.

Gap Spread

3.91%

percentage points

Best Available

4.37%

APY

National Average

0.46%

APY

What the gap costs you per year

BalanceAnnual interest lost5-year cost
$10,000$391$1,955
$25,000$977$4,885
$50,000$1,953$9,765
$100,000$3,907$19,535
$250,000$9,767$48,835

How the High-Yield Savings Spread Index has moved

Each month's value is recorded as a dated snapshot. The full machine-readable series is published as a public dataset.

History accrues monthly. The first dated snapshot appears after the next monthly update — prior months are not back-filled or estimated.

Methodology

High-Yield Savings Spread Index = representativeBalance × (bestAvailableAPY − nationalAverageAPY)

representativeBalance is $25,000 — held fixed so the Index moves only when rates move. bestAvailableAPY is the average of the top-3 rates across the 94 actively tracked high-yield savings accounts in the SwitchWize rate database. nationalAverageAPY is the FDIC national average rate for this product — what a typical big-bank saver actually earns (updated quarterly).

The dated monthly series is published as a public dataset at /data/indices/hysa-spread.

See today's top high-yield savings accounts

Compare every tracked high-yield savings account ranked by rate, then trust and access.

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