APY Calculator
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We may earn a commission when you open an account through our links, at no cost to you. We only feature FDIC-insured accounts. This is not financial advice.

Your Bank Is Quietly Keeping Your Money

This free calculator shows you exactly how much interest you're leaving on the table every year — and what high-yield savings accounts are actually paying right now. No sign-up. No sales pitch. Just the math.

What's your primary savings goal?

This helps us find the most relevant comparison for you.

Not sure where to start? Learn how each account type works before comparing rates.

What High-Yield Savings Actually Pays

Most Americans earn near nothing on their savings. The accounts below are independently verified as FDIC-insured and currently offering rates dramatically above the national average. We don't name specific banks here — we verify the tier, you choose what's right for you.

National average savings rate: 0.46%

Account tierAdvertised APY (up to)Key FeatureLearn More
Traditional BankFDIC0.01% – 0.10%

Rates as of April 2026 — verify current rates before opening any account.

Branch access, familiarityLearn More →
Online BankFDIC4.00% – 5.00%

Rates as of April 2026 — verify current rates before opening any account.

Highest rates, no feesLearn More →
Credit UnionNCUA3.50% – 4.75%

Rates as of April 2026 — verify current rates before opening any account.

Member-owned, personal serviceLearn More →

Rates last verified: April 2026

National average & FDIC checks last refreshed: Apr 15, 2026, 11:00 AM UTC

• Individual bank APY rates are advertised rates verified monthly. Actual rates may vary — always verify on the bank's website before opening an account.

• National average rate sourced from Federal Reserve H.15 statistical release, updated weekly.

• FDIC insurance status verified via FDIC BankFind public database.

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Traditional Banks — Full Report

How branch-based national and regional banks compare on savings rates, fees, and everyday banking — and who they fit best.

What Is a Traditional Bank?

Traditional banks are physical branch institutions regulated by the FDIC. They offer the full suite of banking products — checking, savings, loans, mortgages — under one roof. The tradeoff is that their savings rates are typically the lowest in the market, often below 0.10% APY.

PROS

  • Convenient branch access
  • ATM networks
  • Full product suite
  • Established trust and familiarity
  • In-person customer service
  • Easy cash deposits

CONS

  • Lowest savings rates in the market
  • Often charge monthly fees
  • Slower to adopt new technology
  • Rates rarely competitive with online alternatives

BEST FOR

People who regularly need in-person banking, handle cash frequently, or prefer face-to-face service for complex financial needs.

Current rate range

0.01% – 0.10% APY on standard savings accounts

Source: Federal Reserve H.15 / FDIC BankFind

Rates change frequently. Verify before opening any account.

Featured Partner Slot — Available

Institutions may apply for featured placement. Featured status is clearly disclosed and does not affect our data rankings.

Top Institutions by Savings Rate

Ranked by advertised APY. All institutions on this list are verified FDIC/NCUA insured. Data sourced from public regulatory filings.

Data last updated: April 2026. This list is compiled from public FDIC BankFind and NCUA data. It is not a paid ranking.

Online Banks — Full Report

Branchless FDIC-insured banks that compete mainly on APY, fees, and digital experience — and what you give up versus brick-and-mortar.

What Is an Online Bank?

Online banks operate entirely over the internet with no physical branches. Because they have dramatically lower overhead than traditional banks, they pass those savings to customers in the form of significantly higher interest rates. All legitimate online banks are FDIC insured up to $250,000.

PROS

  • Highest savings rates available
  • Typically no monthly fees
  • No minimum balance requirements
  • Easy mobile account management
  • FDIC insured same as traditional banks

CONS

  • No physical branches
  • Cash deposits can be difficult
  • May feel less familiar
  • Customer service is phone or chat only
  • No in-person relationship

BEST FOR

Anyone comfortable managing money digitally who wants to maximize what their savings earns. Ideal for emergency funds and long-term savings goals.

Current rate range

4.00% – 5.00% APY on high-yield savings accounts

Source: Federal Reserve H.15 / FDIC BankFind

Rates change frequently. Verify before opening any account.

Featured Partner Slot — Available

Institutions may apply for featured placement. Featured status is clearly disclosed and does not affect our data rankings.

Top Institutions by Savings Rate

Ranked by advertised APY. All institutions on this list are verified FDIC/NCUA insured. Data sourced from public regulatory filings.

  • 1.SoFi BankUp to 4.50%No minimum balance, FDIC insuredFDIC verified
    Learn More →
  • 2.Marcus by Goldman SachsUp to 4.40%No fees ever, Goldman backingFDIC verified
    Learn More →
  • 3.Ally BankUp to 4.35%No minimum, excellent mobile appFDIC verified
    Learn More →
  • 4.Discover BankUp to 4.25%No fees, strong customer serviceFDIC verified
    Learn More →
  • 5.American Express HYSAUp to 4.25%Trusted brand, no feesFDIC verified
    Learn More →
  • 6.Synchrony BankUp to 4.50%Consistently competitive ratesFDIC verified
    Learn More →
  • 7.Barclays OnlineUp to 4.35%Simple, no-frills high yieldFDIC verified
    Learn More →
  • 8.Capital One 360Up to 4.10%Strong app, hybrid modelFDIC verified
    Learn More →
  • 9.Bread FinancialUp to 4.50%High rates, simple productFDIC verified
    Learn More →
  • 10.UFB DirectUp to 4.55%Among highest rates availableFDIC verified
    Learn More →
  • 11.EverBankUp to 4.30%Competitive, established online bankFDIC verified
    Learn More →
  • 12.Laurel RoadUp to 4.40%Strong for professionalsFDIC verified
    Learn More →
  • 13.My Banking DirectUp to 4.50%High rates, straightforwardFDIC verified
    Learn More →
  • 14.Bask BankUp to 4.45%Competitive HYSAFDIC verified
    Learn More →
  • 15.LendingClub BankUp to 4.40%Solid online optionFDIC verified
    Learn More →
  • 16.Varo BankUp to 4.00%Mobile-first, no feesFDIC verified
    Learn More →
  • 17.Axos BankUp to 4.25%Full online banking suiteFDIC verified
    Learn More →
  • 18.CIT BankUp to 4.35%Established online institutionFDIC verified
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  • 19.TAB BankUp to 4.40%Competitive ratesFDIC verified
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  • 20.Western Alliance BankUp to 4.40%Strong institutional backingFDIC verified
    Learn More →

Data last updated: April 2026. This list is compiled from public FDIC BankFind and NCUA data. It is not a paid ranking.

Credit Unions — Full Report

Member-owned, not-for-profit institutions insured by the NCUA — how they balance rates, access, and membership rules versus banks.

What Is a Credit Union?

Credit unions are not-for-profit financial institutions owned by their members. Because profits go back to members rather than shareholders, credit unions typically offer better rates than traditional banks and lower fees. They are insured by the NCUA (the credit union equivalent of the FDIC) up to $250,000.

PROS

  • Member-owned structure means profits return to you
  • Typically better rates than traditional banks
  • Lower fees
  • Strong personal service
  • Community focus
  • NCUA insured

CONS

  • Membership requirements (must qualify to join)
  • Fewer branches than big banks
  • Technology and apps sometimes lag behind online banks
  • Rates typically below online-only banks

BEST FOR

People who qualify for membership and want better rates than traditional banks with more personal service. Excellent for those who value community banking and member ownership.

Current rate range

3.50% – 4.75% APY on savings accounts

Source: Federal Reserve H.15 / FDIC BankFind

Rates change frequently. Verify before opening any account.

Featured Partner Slot — Available

Institutions may apply for featured placement. Featured status is clearly disclosed and does not affect our data rankings.

Top Institutions by Savings Rate

Ranked by advertised APY. All institutions on this list are verified FDIC/NCUA insured. Data sourced from public regulatory filings.

  • 1.Alliant Credit UnionUp to 4.75%Open membership, excellent ratesNCUA verified
    Learn More →
  • 2.Pentagon Federal (PenFed)Up to 4.35%Open to all, strong ratesNCUA verified
    Learn More →
  • 3.Navy Federal Credit UnionUp to 4.25%Military families, largest CUNCUA verified
    Learn More →
  • 4.Consumers Credit UnionUp to 4.50%Open membership, competitiveNCUA verified
    Learn More →
  • 5.First Tech Federal CUUp to 4.00%Tech industry focusNCUA verified
    Learn More →
  • 6.Golden 1 Credit UnionUp to 3.75%California-based, strong ratesNCUA verified
    Learn More →
  • 7.SchoolsFirst FCUUp to 3.50%Education community focusNCUA verified
    Learn More →
  • 8.Suncoast Credit UnionUp to 3.85%Florida-based, strong ratesNCUA verified
    Learn More →
  • 9.America First CUUp to 4.00%Mountain West focusNCUA verified
    Learn More →
  • 10.Bethpage Federal CUUp to 4.25%Northeast, competitive ratesNCUA verified
    Learn More →
  • 11.Digital Federal CUUp to 4.00%Open membership, solid ratesNCUA verified
    Learn More →
  • 12.BECUUp to 3.75%Pacific Northwest focusNCUA verified
    Learn More →
  • 13.Randolph-Brooks FCUUp to 4.00%Texas-basedNCUA verified
    Learn More →
  • 14.Connexus Credit UnionUp to 4.50%Open membership, high ratesNCUA verified
    Learn More →
  • 15.Limelight BankUp to 4.40%Online CU modelNCUA verified
    Learn More →
  • 16.Delta Community CUUp to 3.75%Southeast focusNCUA verified
    Learn More →
  • 17.ESL Federal CUUp to 3.85%Northeast community focusNCUA verified
    Learn More →
  • 18.Logix Federal CUUp to 3.90%California community focusNCUA verified
    Learn More →
  • 19.Service Credit UnionUp to 4.10%Military and open membershipNCUA verified
    Learn More →
  • 20.Andrews Federal CUUp to 4.00%Mid-Atlantic, open membershipNCUA verified
    Learn More →

Data last updated: April 2026. This list is compiled from public FDIC BankFind and NCUA data. It is not a paid ranking.

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No Sponsored Rankings
Updated Monthly

We rank and compare offers using APY, FDIC insurance status, fee structure, and minimum balance requirements — then we disclose affiliate relationships clearly so you can judge incentives yourself. Read our methodology.