Bask Bank, UFB Direct, Zynlo Bank, EverBank and Upgrade offer the best 5% interest savings accounts. You’ll most often find high-yield savings accounts at credit unions and online-only banks. Savings account rates fluctuate and may fall later in 2024. For nearly a decade, it was nearly impossible to find a savings account offering 5% interest.

One Finance – 5.00% savings ($5,000 minimum, $100,000 max) (review) VirtualBank – 5.00% APY eMoney Market Wealthfront – 5.00% APY cash account (signup bonus) Lending Club Banking – 5.00% APY savings Northern Bank Direct – 4.95% APY premier money market NASB – 5.00% APY Interest Savings (check incognito) ($25,000 minimum) (see this comment)