The national average savings account rate sits at 0.39% APY, according to the most recent FDIC data. Sigh. The good news? Many high-yield savings accounts are offering rates much higher — think 4-5% APY and up. (You can see some of the highest savings account rates here from our ad partner Bankrate.)
Rates vary a lot between banks, and “each bank will take its own approach to rate pricing, with some adjusting quickly and others taking a more measured approach,” says Brian Swanson, president, Consumer Bank at Axos Bank.
Furthermore, you will need to look at more than just the rate when figuring out where to park your savings. “Overall transparency, strong customer service, and easy access to funds have always been hallmarks of a good banking relationship, and the same thing applies to high-yield savings accounts,” says Swanson.
9 of the highest savings account APYs of March 2026
We’ve scoured dozens of banks and credit unions to find nine of the highest savings account APYs offered this month. All accounts are either insured by the FDIC or National Credit Union Administration. Before moving forward with any account, make sure to take note of any financial or residential restrictions. All rates are accurate as of March 12, 2026.
Spectra Credit Union Brilliant Kids Savings: Up to 10.38% APY
Children have the opportunity to earn one of the best savings account rates on the market with the Spectra Credit Union Brilliant Kids Savings account, which earns 10.38% on the first $1,000. To open the account, the child must have a co-applicant (usually a parent or guardian) who is over 18, and must hold a Spectra savings account with at least $5 in it. Children are eligible for Brilliant Kids Savings through the age of 17, and have access to an ATM card once reaching age 13. Residents of any state are eligible if you join the American Consumer Council.
Orsa credit union High-Yield Savings Account: Up to 10.00% APY
A high-yield savings account at orsa credit union, formerly known as Community Financial Credit Union, offers a 10% APY for the first $1,000. You can open the account with just $5, and there are no fees or minimums. But, once you exceed $1,000 in the account, you’ll only earn 0.10% APY. You are eligible for this offer if you are above the age of 13 and live in Michigan.
OCCU Ignite Savings: Up to 5.25% APY
Oregon Community Credit Union’s high-yield savings account earns a high 5.25% APY for the first $500. You’ll still earn 3.45% APY for up to $2,500 in the account, and 2.23% APY until $5,000 in the account. But, there are restrictions for OCCU membership: you are eligible if you live or work in one of 28 counties in Oregon; live, work, worship or attend school in Washington State; attend the University of Oregon; are a store member at Bi-Mart or a Bi-Mart Federal Credit Union member, or are a family member of an existing OCCU member.
Boeing Employees’ Credit Union (BECU) Savings: Up to 5.12% APY
BECU Member Advantage Savings account earns a high 5.12% APY on the first $500. But once exceeding $500, you’ll only earn 0.25% APY on the rest of your funds. If you have a current or former association with Boeing, you automatically are eligible for membership, but you can also apply if you live in select counties in Oregon, Idaho or South Carolina, or if you live, work or attend school in Washington.
Varo High-Yield Savings: Up to 5.00% APY
Varo’s high-yield savings account remains one of the best offers on the market that is available to anyone online. You can get 5.00% APY on the first $5,000 in the account by setting up direct deposits and receiving at least $1,000 a month. You must maintain a positive balance in your bank and savings accounts at the end of each month, and then you will earn the high APY for the next month. And even after exceeding $5,000, you’ll still earn 2.50% APY on the rest of your funds in the account.
AdelFi Harvest High-Yield Savings Account: Up to 5.00% APY
AdelFi, a part of Christian Community Credit Union, is offering 5.00% APY on the first $5,000. And from $5,000 to $10,000 in the account, you’ll still earn a high rate of 2.25% APY. Additionally, you can bundle Harvest Savings with Harvest Checking at 4.00% APY for checking. There’s a $100 minimum fee to open the account, but no monthly fees. To access the high APY, you must apply through online/mobile banking, enroll in e-statements, activate online banking, activate a CCCU debit or credit card and deposit at least $500 monthly. Also, you must share the company’s Christian values by agreeing to their Statement of Faith. You are also eligible if you are a part of an organization, employer or have a direct relative who already has a membership.
Service Credit Union Primary Savings: Up to 5.00% APY
The first $500 in a Primary Savings Account at Service Credit Union can earn 5.00% APY with only $5 to open the account. You can open an account online, over the phone or in person at one of 37 U.S. branches. After exceeding $500, you’ll earn 0.25% APY on the rest of your funds. You are automatically eligible for this offer if you are an active or retired service member, have a service member in your family, are a current or former Department of Defense employee or direct family, are a member of an associated employer group, or join the American Consumer Council for free by using promo code “Service.”
Unitus Community Credit Union Rewards Savings Account: Up to 5.00% APY
If you link a checking and savings account with Unitus Community Credit Union, the Rewards Savings account will earn 5.00% APY. Then, you’ll choose between three options for your savings account: get cash back on debit, a debit round up or 2% cash back. You must activate a Unitus debit card and enroll in eStatements to earn this rate. You are automatically eligible for the credit union membership if you live in Washington State or select Oregon counties, but you can also be eligible if you join the American Consumer Council.
Together Credit Union Accelerate It Savings: Up to 5.00% APY
The Accelerate It Savings Account at Together Credit Union offers 5.00% APY on the first $5,000. You just need $5 to open the account, but you’ll start earning the high APY when you deposit $100 or more. Balances exceeding $5,000 will earn 0.20% APY. To earn the high APY, you must also activate a checking account under the same membership at the credit union. You are eligible for this account if you live or work in select counties in Missouri; Illinois; Williamsburg, Virginia; or Dallas, Texas Metro.
5 accessible high-yield savings accounts of March 2026
Since many of the accounts mentioned above have strict financial and residential restrictions, we’ve also included accessible high-yield savings accounts that are available this month. These accounts still feature quite high yields compared to the national average, and are available to almost anyone with low minimum deposit requirements.
Pibank Savings Account: Up to 4.60% APY
Pibank is still offering one of the best savings account options on the market that applies to any balance and is available to everyone. The savings account offers 4.60% APY, and there are no fees or minimums to earn the high yield. The downside is that there are no physical branch locations, but Pibank has a robust customer service line that can be reached throughout the day.
GO2 Bank High-Yield Savings: Up to 4.50% APY
GO2 Bank offers 4.50% APY on the first $5,000 in your account if you also operate a checking account at the bank. The bank also encourages you to download the GO2 Banking mobile app to add and manage funds directly from your device. Residents from any U.S. state are eligible for this offer.
Axos One Checking and Savings: Up to 4.21% APY
A checking and savings bundle with Axos One offers 4.21% APY on your savings and 0.51% APY on checking. For savings, the rate is valid for balances of $0 to $249,999, and there is no minimum balance to start earning. To qualify, you have two options: maintain a daily balance and have direct deposits over $1,500, or maintain a daily balance and have direct deposits over $5,000. Residents from any U.S. state can apply.
Newtek Bank Personal High-Yield Savings: Up to 4.20% APY
A Personal High-Yield Savings account at Newtek Bank earns 4.20%. You can make up to six withdrawals from the savings account per statement cycle, and there are no associated fees. This account is available to residents nationwide, and has robust online banking tools.
TIMBR High-Yield Savings: Up to 4.15% APY
TIMBR, a division of Bridgewater Bank, provides 4.15% on its high-yield savings account. There is a minimum opening deposit of $1,000. This offer is available to citizens nationwide, and there are no monthly fees associated.
