The highest high-yield savings account rates today are offered by First Community Bank (6.00%), MyBankingDirect.com (5.55%), and Sovereign Bank (5.40%). These, along with our picks for the best high-yield savings accounts, offer rates at least 10 times the national average savings rate of 0.88%.
The best savings accounts for teens are from SoFi Bank, Discover Bank, Capital One and Bethpage Federal Credit Union, which all offer above-average rates.