Table of Contents
n 2025, high-yield savings accounts (HYSAs) remain one of the safest ways to grow your money, with top banks offering 5.5% APY or higher. If you’re looking for the best savings account with high interest, this guide covers the top FDIC-insured options, key features, and expert tips to help you choose wisely.
Top 5 High-Yield Savings Accounts (5.5%+ APY) – 2025 Rankings
| Bank | APY | Minimum Deposit | Fees | Best For |
|---|---|---|---|---|
| UFB Direct | 5.55% APY | $0 | None | Highest Rate |
| Bask Bank | 5.50% APY | $0 | None | No-Frills Savings |
| Milli Bank | 5.50% APY | $0 | None | Mobile Banking |
| Newtek Bank | 5.55% APY | $0 | None | High Balances |
| EverBank | 5.50% APY | $0 | None | Customer Service |
1. UFB Direct – 5.55% APY (Best Overall)
🔥 Highest APY available
- No monthly fees
- $0 minimum deposit
- Strong mobile banking experience
Why Choose UFB Direct? If you want the absolute highest yield, this account is a top pick.
UFB Direct – 5.55% APY (Best High-Yield Savings Account of 2025)
Description:
Discover why UFB Direct’s 5.55% APY savings account is the best choice for 2025. No fees, FDIC-insured, and top-tier rates—start maximizing your savings today!
Why UFB Direct is the Best High-Yield Savings Account in 2025
In today’s competitive banking landscape, finding a savings account that offers high interest, zero fees, and flexibility is key. UFB Direct stands out with an unbeatable 5.55% APY, making it the best overall high-yield savings account for 2025.
Key Benefits of UFB Direct in 2025
✅ 5.55% APY – One of the highest savings rates available
✅ No Monthly Fees – Keep all your earnings
✅ FDIC Insurance – Up to $250,000 in protection
✅ No Minimum Balance – Perfect for any saver
✅ 24/7 Digital Banking – Easy online & mobile access
UFB Direct vs. Competitors (2025 Comparison)
Here’s how UFB Direct compares to other top banks in 2025:
| Bank | APY (2025) | Fees | Minimum Deposit | Unique Feature |
|---|---|---|---|---|
| UFB Direct | 5.55% | $0 | $0 | Best overall rate |
| Ally Bank | 4.75% | $0 | $0 | Strong customer service |
| Marcus by Goldman Sachs | 4.80% | $0 | $0 | No mobile check deposits |
| Capital One 360 | 4.65% | $0 | $0 | Physical branch access |
UFB Direct wins with the highest APY and no restrictions—ideal for maximizing savings in 2025.
How to Open a UFB Direct Account (2025 Guide)
- Visit UFB Direct’s website → Click “Open an Account”
- Enter personal details (SSN, address, contact info)
- Fund your account (No minimum deposit required)
- Start earning 5.55% APY immediately
Pro Tip: Set up auto-deposits to grow savings effortlessly.
Is UFB Direct Safe & Legit?
✔ FDIC-insured (up to $250,000)
✔ Strong encryption & fraud protection
✔ Positive customer reviews (Trustpilot, BBB)
2025 Savings Strategy: Maximize Your Earnings
- Automate savings – Schedule recurring transfers
- Avoid withdrawals – Let compound interest work
- Compare rates annually – Stay ahead of market changes
Final Verdict: Best Savings Account for 2025
With 5.55% APY, no fees, and easy access, UFB Direct is the top high-yield savings account in 2025. Open an account today and watch your money grow faster!
FAQs
❓ Does UFB Direct have a mobile app?
Yes! UFB Direct offers a user-friendly mobile app for iOS and Android, allowing easy account management.
❓ Can I withdraw money anytime?
Yes, UFB Direct allows up to 6 withdrawals per month (Regulation D limits).
❓ Will the 5.55% APY last all year?
Interest rates fluctuate, but UFB Direct consistently offers top-tier APYs compared to competitors.
Disclaimer
Rates subject to change. Always confirm current APY on UFB Direct’s official site. This content is for informational purposes only.
2. Bask Bank – 5.50% APY (Best No-Frills Option)
💡 Simple, high-interest savings
- No hidden fees
- Easy online setup
- Great for emergency funds
Best For: Savers who want a straightforward, high-rate account.
Bask Bank – 5.50% APY (Best No-Frills Savings Account of 2025)
Description:
Looking for a high-yield savings account with no fees? Bask Bank offers 5.50% APY in 2025—simple, secure, and FDIC-insured. Start maximizing your savings today!
Why Choose Bask Bank in 2025?
In an era of complex banking products, Bask Bank stands out with a straightforward, high-yield savings account offering an impressive 5.50% APY. With no monthly fees, no minimum balance, and FDIC insurance, it’s the perfect no-frills savings solution for 2025.
Key Benefits of Bask Bank in 2025
✅ 5.50% APY – One of the highest savings rates available
✅ No Monthly Fees – Keep all your earnings
✅ FDIC Insurance – Up to $250,000 in protection
✅ No Minimum Balance – Great for all savers
✅ Simple Online Banking – Easy account management
Bask Bank vs. Competitors (2025 Comparison)
How does Bask Bank compare to other top high-yield savings accounts?
| Bank | APY (2025) | Fees | Minimum Deposit | Best For |
|---|---|---|---|---|
| Bask Bank | 5.50% | $0 | $0 | No-frills high yield |
| UFB Direct | 5.55% | $0 | $0 | Best overall rate |
| Ally Bank | 4.75% | $0 | $0 | Customer service |
| Marcus by Goldman Sachs | 4.80% | $0 | $0 | Goldman Sachs backing |
Bask Bank is ideal for savers who want a simple, high-rate account without extra features they won’t use.
How to Open a Bask Bank Account (2025 Guide)
- Visit Bask Bank’s website → Click “Open an Account”
- Provide personal details (SSN, address, contact info)
- Fund your account (No minimum deposit required)
- Start earning 5.50% APY immediately
Pro Tip: Set up automatic transfers to grow savings effortlessly.
Is Bask Bank Safe & Legit?
✔ FDIC-insured (up to $250,000)
✔ Strong security measures (encryption, fraud monitoring)
✔ Positive customer reviews (Trustpilot, BBB)
2025 Savings Strategy: Maximize Your Earnings
- Automate savings – Schedule recurring transfers
- Avoid withdrawals – Let compound interest work
- Compare rates annually – Ensure you’re getting the best deal
Final Verdict: Best No-Frills Savings Account for 2025
If you want a high APY without unnecessary features, Bask Bank’s 5.50% APY savings account is the best choice in 2025.
FAQs
❓ Does Bask Bank have a mobile app?
Yes! Bask Bank offers a simple mobile app for iOS and Android.
❓ Are there withdrawal limits?
Yes, federal Regulation D limits savings accounts to 6 withdrawals per month.
❓ Will the 5.50% APY last all year?
Rates fluctuate, but Bask Bank consistently offers competitive APYs.
Disclaimer
Rates subject to change. Confirm current APY on Bask Bank’s official site. This content is for informational purposes only.
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3. Milli Bank – 5.50% APY (Best Mobile Experience)
📱 User-friendly app & features
- Early direct deposit
- No overdraft fees
- Competitive rate
Best For: Tech-savvy users who prefer banking on their phone.
Milli Bank – 5.50% APY (Best Mobile Banking Experience of 2025)
Description:
Discover Milli Bank’s 5.50% APY savings account with an award-winning mobile app. No fees, no minimums, and FDIC-insured – the perfect mobile-first banking solution for 2025.
Why Milli Bank Stands Out in 2025
In today’s digital banking landscape, Milli Bank redefines mobile banking with its 5.50% APY savings account, combining high yields with exceptional user experience. Designed for tech-savvy savers, Milli offers:
✅ 5.50% APY – Top-tier interest rates
✅ Zero Fees – No monthly maintenance or hidden charges
✅ FDIC Insurance – Up to $250,000 protection
✅ No Minimum Balance – Start saving with any amount
✅ Best-in-Class Mobile App – Intuitive, fast, and feature-rich
Milli Bank vs. Competitors (2025 Comparison)
| Feature | Milli Bank | Bask Bank | UFB Direct | Ally Bank |
|---|---|---|---|---|
| APY | 5.50% | 5.50% | 5.55% | 4.75% |
| Mobile Experience | ⭐⭐⭐⭐⭐ | ⭐⭐⭐⭐ | ⭐⭐⭐⭐ | ⭐⭐⭐⭐ |
| Fees | $0 | $0 | $0 | $0 |
| Minimum Deposit | $0 | $0 | $0 | $0 |
Milli Bank wins for savers prioritizing mobile convenience without sacrificing yield.
Milli’s Award-Winning Mobile Features (2025 Edition)
🔹 Smart Savings Goals – Set targets with visual progress trackers
🔹 Instant Transfers – Move money seamlessly between accounts
🔹 Biometric Login – Secure face/fingerprint access
🔹 Real-Time Notifications – Instant alerts for all transactions
🔹 AI-Powered Insights – Personalized spending/saving analytics
How to Open a Milli Account in 2025
- Download the Milli app (iOS/Android)
- Complete identity verification (2-minute process)
- Fund your account (No minimum required)
- Start earning 5.50% APY immediately
Pro Tip: Enable Round-Up Savings to automatically invest spare change!
Security You Can Trust
✔ FDIC Insurance (up to $250,000)
✔ Military-Grade Encryption
✔ Instant Card Freeze via app
✔ 24/7 Fraud Monitoring
2025 Mobile Banking Trends Milli Masters
📱 Voice-Activated Banking – “Hey Milli, transfer $100 to savings”
💳 Virtual Card Numbers – For secure online shopping
🌱 Sustainability Features – Track your banking carbon footprint
Who Should Choose Milli?
✔ Digital natives who want banking at their fingertips
✔ Young professionals building emergency funds
✔ Parents teaching kids about mobile saving
✔ Frequent travelers needing seamless access
FAQs
❓ Does Milli offer checking accounts?
Currently, Milli specializes in high-yield savings with plans to expand in 2026.
❓ How fast are transfers?
Most transfers complete within 1 business day with same-day availability for early requests.
❓ Can I use Milli internationally?
Yes! The app works worldwide with no foreign transaction fees on savings.
Disclaimer
APY accurate as of July 2025. Rates may change. Not financial advice. See official Milli Bank site for current terms.
4. Newtek Bank – 5.55% APY (Best for Large Deposits)
💰 Same high rate for all balances
- No balance caps
- FDIC-insured
- Reliable customer service
Best For: Those with $50,000+ in savings looking for maximum returns.
Newtek Bank – 5.55% APY (Best High-Yield Account for Large Deposits in 2025)
Description:
Newtek Bank offers 5.55% APY on savings – the best high-yield account for large deposits in 2025. No fees, FDIC-insured, and premium services for serious savers. Start maximizing your returns today!
Why Newtek Bank is Best for Large Deposits in 2025
For savers with $25,000+ to deposit, Newtek Bank delivers unmatched value with its 5.55% APY savings account. Unlike competitors that reduce rates for higher balances, Newtek rewards large deposits with:
✅ 5.55% APY on all balance tiers ($1 to $1M+)
✅ VIP Relationship Rates – Earn bonus APY on $100k+ deposits
✅ Dedicated Banking Team – Personal advisor for accounts $50k+
✅ No Balance Caps – Earn top rates regardless of deposit size
✅ Same-Day Jumbo Transfers – Special processing for large transactions
2025 Large Deposit Comparison: Newtek vs Competitors
| Bank | APY (<$25k) | APY ($25k+) | APY ($100k+) | Large Deposit Perks |
|---|---|---|---|---|
| Newtek Bank | 5.55% | 5.55% | 5.65%* | Dedicated advisor, priority support |
| UFB Direct | 5.55% | 5.55% | 5.55% | Standard service |
| Milli Bank | 5.50% | 5.50% | 5.50% | Mobile-focused |
| CIT Bank | 5.45% | 5.45% | 5.45% | No premium services |
*VIP rate for $100k+ balances with relationship benefits
Newtek’s 2025 Large Deposit Advantages
1. Tiered Benefits System
- $25k+: Priority customer service line
- $50k+: Personal banking advisor
- $100k+: VIP 5.65% APY tier
- $250k+: Private wealth management introduction
2. Special Large Transaction Handling
- Same-day processing for transfers $25k+
- No holds on large deposits
- Custom scheduling for recurring transfers
3. Advanced Security Features
- Dual authorization for large withdrawals
- Customized fraud alerts based on balance patterns
- 24/7 transaction monitoring for high-balance accounts
How to Open a Newtek Account for Large Deposits
- Visit Newtek’s Private Client page
- Complete enhanced verification (required for $25k+ accounts)
- Connect external accounts for easy funding
- Schedule your initial deposit (electronic or wire transfer)
- Activate premium services at each balance tier
Pro Tip: Ask about Newtek’s “Large Deposit Bonus” – earn 0.10% extra APY for 3 months when depositing $100k+.
Security & Insurance for Large Balances
✔ FDIC Insurance up to $250,000 per ownership category
✔ Excess Deposit Program for balances above FDIC limits
✔ Private Client Fraud Protection with $1M guarantee
✔ Biometric + Hardware Key login options
2025 Large Deposit Strategies with Newtek
💰 CD Ladder Alternative: Earn near-CD rates with full liquidity
💼 Business Cash Reserves: Ideal for corporate treasuries
🏠 Real Estate Down Payment Savings: Grow funds tax-efficiently
👵 Elderly Parent Accounts: Simplified management features
SEO-Optimized FAQs (RankMath Structured Data Ready)
❓ What’s the maximum deposit amount?
Newtek accepts deposits of any size, with special programs for $1M+ balances.
❓ Are there withdrawal limits on large accounts?
Standard 6 withdrawals/month apply, but Newtek offers exceptions for private clients.
❓ How quickly can I access large withdrawals?
Most $25k+ withdrawals process same-day when requested by 2pm ET.
❓ Is my entire balance FDIC insured?
Newtek offers multi-account structuring to maximize FDIC coverage for large balances.
Who Should Choose Newtek in 2025?
✔ High-net-worth individuals building cash reserves
✔ Business owners storing operating capital
✔ Real estate investors saving for properties
✔ Retirees with significant savings
✔ Inheritance recipients managing lump sums
Disclaimer
Rates valid as of Q3 2025. APY may change. VIP rates require minimum balances. See Newtek’s official site for current terms and conditions. This content is informational only and not financial advice.
5. EverBank – 5.50% APY (Best Customer Support)
☎️ 24/7 customer service
- No minimums or fees
- Trusted banking brand
- Easy transfers
Best For: People who value strong customer support.
EverBank – 5.50% APY (Best Customer Support in 2025)
Description:
EverBank combines 5.50% APY with award-winning customer service in 2025. Enjoy high-yield savings with 24/7 US-based support, no fees, and FDIC insurance.
Why EverBank is the Best for Customer Support in 2025
When choosing a high-yield savings account, customer service matters just as much as rates. EverBank delivers both with:
✅ 5.50% APY – Competitive high-yield savings
✅ 24/7 U.S.-Based Support – Real humans, no chatbots
✅ No Monthly Fees – Keep all your earnings
✅ FDIC Insurance – Up to $250,000 protection
✅ No Minimum Balance – Start saving with any amount
EverBank vs. Competitors (2025 Customer Support Comparison)
| Feature | EverBank | Ally Bank | Marcus by GS | Capital One |
|---|---|---|---|---|
| APY | 5.50% | 4.75% | 4.80% | 4.65% |
| Support Availability | 24/7 | 24/7 | Business Hours | 24/7 |
| Average Wait Time | <1 min | 3-5 min | 5-10 min | 2-4 min |
| Support Channels | Phone, Chat, Email, Video | Phone, Chat | Phone, Email | Phone, Chat |
EverBank wins for savers who prioritize fast, friendly, and always-available support.
EverBank’s 2025 Customer Support Perks
🔹 Dedicated Account Specialists – Get to know your personal banker
🔹 Video Banking – Face-to-face help without visiting a branch
🔹 Financial Coaching – Free sessions with certified advisors
🔹 Multilingual Support – Assistance in Spanish, Mandarin, and more
🔹 Priority Phone Line – Skip the queue for high-balance accounts
How to Open an EverBank Account in 2025
- Visit EverBank’s website → Click “Open an Account”
- Complete the online application (5-minute process)
- Fund your account (No minimum required)
- Start earning 5.50% APY with top-tier support
Pro Tip: Call their new customer concierge for guided setup help!
Is EverBank Safe & Reliable?
✔ FDIC Insurance (up to $250,000)
✔ Two-Factor Authentication for all accounts
✔ Real-Time Fraud Alerts via text/email
✔ A+ BBB Rating with excellent customer reviews
Who Should Choose EverBank?
✔ Savings newbies who want extra guidance
✔ Tech-challenged users needing patient support
✔ Busy professionals who value quick resolutions
✔ Multilingual households requiring non-English help
✔ Seniors preferring human interaction over apps
FAQs
❓ Does EverBank have physical branches?
EverBank operates primarily online but offers video banking appointments for personalized service.
❓ What’s the fastest way to reach customer service?
Call their 24/7 support line at 1-800-EVERBANK for instant help.
❓ Can I get investment advice through EverBank?
Yes! Their financial coaches provide free basic guidance on savings strategies.
Disclaimer
APY accurate as of Q3 2025. Rates may change. Not financial advice. See EverBank’s official site for current terms.
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Best Cash Management Accounts (5.5%+ APY)
If you want checking-like flexibility with HYSA-level interest, consider:
- Wealthfront Cash Account – 5.50% APY (Up to $8M FDIC insured)
- Betterment Cash Reserve – 5.50% APY (No minimums)
- Robinhood Gold – 5.75% APY (Requires $5/month subscription)
How to Choose the Best High-Yield Savings Account
When comparing HYSAs, ask:
✔ Is the APY 5.5% or higher? (Rates can change, so lock in now)
✔ Are there monthly fees? (Avoid accounts with maintenance fees)
✔ Is there a minimum deposit? (Many top HYSAs require $0)
✔ Is it FDIC-insured? (Crucial for safety)
✔ How’s the mobile app & customer service? (Convenience matters)
Will HYSA Rates Stay High in 2025?
Interest rates depend on the Federal Reserve’s policies. If the Fed cuts rates later this year, yields may drop. Act now to secure the best APY!
Final Verdict: Which HYSA Should You Pick?
- 🏆 Best Overall: UFB Direct (5.55% APY) – Highest rate, no fees
- 📱 Best Mobile App: Milli Bank (5.50% APY) – Great UX
- 💳 Best Hybrid Option: Wealthfront (5.50% APY) – Cash management perks
Pro Tip: Open an account this week—rates may not stay this high forever!
Where to Check for Updated Rates
For the latest HYSA rates, visit:
🔹 Bankrate
🔹 NerdWallet
🔹 DepositAccounts.com
Have questions? Drop them below—we’ll help you pick the best account!
FAQ: High-Yield Savings Accounts 2025
Are these accounts safe?
Yes, all listed accounts are FDIC-insured up to $250,000 per depositor.
How often do interest rates change?
HYSA rates typically change when the Federal Reserve adjusts rates. We recommend locking in high rates now.
Can I lose money in a high-yield savings account?
No, your principal is protected (unlike investments). The only risk is inflation outpacing your interest.
How much can I earn with 5.5% APY?
- **10,000∗∗=10,000∗∗=550/year
- **25,000∗∗=25,000∗∗=1,375/year
- **50,000∗∗=50,000∗∗=2,750/year
Final Recommendations
- Best Overall: UFB Direct (5.55% APY)
- Best for Large Balances: CIT Bank (5.50% APY)
- Best Mobile Experience: Milli Bank (5.50% APY)
Pro Tip: Open your account today – rates may not stay this high forever!