High Yield Savings Ratings

High Yield Savings Criteria 

  • Trustpilot Ratings. Trustpilot is considered reliable due to its open platform allowing a wide range of customer feedback, verification processes to confirm the authenticity of reviews, and a strong commitment to transparency. 
  • Interest Rates. The primary attraction to a high-yield savings account is the interest rate. We try to find the financial institutions with the most competitive interest rates.  
  • Minimum Balance Requirements. We look at whether the bank requires a minimum balance. Some accounts require a minimum balance to earn the advertised interest rate or to avoid fees.  
  • Additional Costs. We look at additional costs that the bank may charge, such as monthly maintenance fees, transfer fees, or penalties. Ideally, a high-yield savings account should have minimal or no fees, as these can significantly cut into your earnings. 
  • Convenience: We look at how easy it is to deposit and withdraw money. WE check if they offer online and mobile banking, ATM access, and electronic funds transfers. We also evaluate the user experience of their digital platforms. 
Company

Reviews

RatingBenefits
UFB direct logo
UFB Direct		139 Reviews | Average8.4/10

  • Current APY: 3.51%

  • No Minimum Balance Required to Avoid Monthly Fees

  • Customer Service Available 7 Days Per Week

  • Also Offers CDs for 12 Months to 60 Months

  • Account Accessible 24/7 Through Online Platform

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CIT Bank		493 Reviews | Bad6/10
  • Current APY: 1.00% to 5.05% Depending on Account Chosen
  • CDs and Money Market Accounts Available
  • Also Offers Checking Accounts and Home Loans
  • Account Accessible Online, by Phone, Through App, and With Debit Card
  • Interest Compounded Daily
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Citizens financial logo
Citizens		721 Reviews | Bad6.8/10
  • Current APY: 4.50%
  • Provides Customer Service 7 Days Per Week
  • No Minimum Balance Required to Open Account or to Avoid Fees
  • Customers Can Access Accounts with Mobile App, Online, by Phone, by Check
  • Also Offers CDs, Mortgages, and Student Loan Refinancing
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synchrony bank logo
Synchrony		1,308 Reviews | Bad6.8/10

  • Current APY: 3.8%

  • Other Account Types Include Money Markets, CDs, IRA CDs and Money Markets

  • Access Account Via Web, by Phone, App, Debit Card

  • No Minimum Balance Required to Open Account or to Avoid Monthly Fees

  • No Monthly Maintenance Fees

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Barclays logo
Barclays		33 Reviews | Poor7.2/10

  • Current APY: 4.1%

  • Also Offers High Yield Money Market Accounts and Home Loans

  • Customer Service Available 24/7

  • Accounts Can Be Accessed Online, by Phone, App, and Debit Card

  • No Monthly Fees or Minimum Balance Required to Open Account

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Last updated: 11/13/25