Best high -efficiency savings interest rate today, September 14, 2025 (win up to 4.30% APY)
Find out how much you could win with today’s savings rates. Interest rates on savings accounts have dropped, so it is important to make sure you get the best rate possible when shopping for a savings account. The following is a ventilation of savings interest rates today and where to find the best offers.
The national rate of the average savings account is 0.39%, according to the FDIC. It may not seem much, but consider that three years ago, it was only 0.06%.
Although the interest rate of national average savings is quite low compared to other investments, the best market rates on the market today are much higher. In fact, some of the best accounts currently offer 4% APY and more.
As of September 14, 2025, the highest savings account rate available from our partners was 4.30% APY. This rate is offered by Everbank and Western Alliance. Here is an overview of some of the best savings rates available today from our verified partners:
The amount of interest that you can earn from a savings account depends on the annual percentage rate (APY). This is a measure of your total profit after a year when you consider the basic interest rate and the frequency in which the interest is made up (the interests of the savings account are generally composed daily).
Suppose you put $ 1,000 in a savings account at the average interest rate of 0.39% with daily composition. After a year, your balance would drop to $ 1,003.91 – your initial deposit of $ 1,000, plus $ 3.91 in interest.
Now let’s say that you choose a high -performance savings account that offers 4% APY instead. In this case, your balance would drop to $ 1,040.81 over the same period, which includes $ 40.81 in interest.
The more you deposit in a savings account, the more you get out of it. If we have taken our same example of a high yield savings account at 4% APY, but we deposit $ 10,000, your total balance after a year would be $ 10,408.08, which means that you would earn $ 408.08 in interest. ​​
Find out more: What is a good savings account rate?
