High Yield Saving
Varo Savings Account

Minimum Balance: $0 minimum balance
Minimum Deposit: $0 initial deposit
Ongoing APR: Up to 2.80% APR
Monthly Fees
$0
Bank Type
Online
FDIC Insurance
FDIC Insured
Promotion
No promotion available
Why we like it
- Varo offers a competitive APY.
- There are no minimum balance requirements and no account fees.
- Varo will automatically deduct a percentage of each direct deposit into savings.
- A suite of financial products available.
Discover Bank Online Savings

Minimum Balance: $0 minimum balance
Minimum Deposit: $0 initial deposit
Ongoing APR: 0.55% APR
Monthly Fees
$0
Bank Type
Online
FDIC Insurance
Member FDIC
Promotion
No promotion available
Why we like it
- Offers a high Annual Percentage Yield (APY).
- No maintenance fees, monthly service fees, or ACH transfer fees.
- Robust account features.
- Excellent customer service banking experience.
American Express National Bank Personal Savings

Minimum Balance: $0 minimum balance
Minimum Deposit: $0 initial deposit
Ongoing APR: .60% APY
Monthly Fees
$0
Bank Type
Online
FDIC Insurance
Member FDIC
Promotion
No promotion available
Why we like it
- Offers a high Annual Percentage Yield (APY)
- No maintenance fees, monthly service fees, or ACH transfer fees.
- Its interface is user-friendly, and accounts are easy to set up.
- Great rates on CDs
Marcus by Goldman Sachs® Online Savings

Minimum Balance: $0 minimum balance
Minimum Deposit: $0 initial deposit
Ongoing APR: 0.60% APR
Monthly Fees
$0
Bank Type
Online
FDIC Insurance
Member FDIC
Promotion
No promotion available
Why we like it
- Highly-competitive rates on its savings account and CDs
- Backed by Goldman Sachs, one of the most respected financial institutions in the world
- No minimum deposit to open account
- Customers have access to personal financial specialists.
Capital One 360 Performance Savings™

Minimum Balance: $0 minimum balance
Minimum Deposit: $0 initial deposit
Ongoing APR: 0.50% APR
Monthly Fees
$0
Bank Type
Hybrid
FDIC Insurance
Member FDIC
Promotion
No promotion available
Why we like it
- Capital One 360 Performance Savings has excellent rates on its savings account and CDs.
- There are no minimums to open or maintain your high-yield savings account.
- Capital One is a one-stop-shop for financial products and services.
- Free tools to help track savings goals.
- Physical branch locations.
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