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20 Top High-Yield Savings Accounts To Combat Inflation This Spring

Americans hoping their savings account rates will stay ahead of inflation have had a tough time over the past few years. Though the current U.S. inflation rate is 2.8% in 2025, according to the Consumer Price Index (CPI), current inflation still outpaces most savings rates by a wide margin.

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The national average U.S. savings account interest rate is 0.41%. That’s nearly seven times lower than inflation. Some savings accounts offer rock-bottom rates of 0.01%, meaning any interest you do earn is immediately swallowed up by high consumer prices.

In the current environment, however, there’s really no excuse for settling for a low savings rate, as numerous savings accounts offer annual percentage yields of 3.7% or higher.

In an odd twist, though it has leveled out recently, soaring inflation in the past few years has contributed to high saving rates. Now with looming tariffs and levies, who knows how inflation could spike. However, the Federal Reserve has instituted a series of interest-rate hikes to tame inflation — and when the Fed rate goes up, banks and credit unions usually raise their savings rates.

If you want a high-yield savings account that beats inflation , there are plenty of choices right now. Here are 20 of them that outpace a 2.8% inflation rate.

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Top High Yield Savings Accounts for Spring

  1. My Banking Direct: 4.4% APY, minimum balance of $1 required to earn interest

  2. Poppy Bank: 4.5% APY, minimum balance of $1,000 required to earn interest

  3. Ivy Bank: 4.25% APY, minimum balance of $2,500 required to earn interest

  4. TAB Bank : 4.4% APY, minimum balance of $0.01 required to earn interest

  5. Cloudbank 24/7: 4.26% APY, minimum balance of $1 required to earn interest

  6. Evergreen Bank Group: 4.25% APY, no minimum balance required to earn interest

  7. Newtek Bank: 4.45% APY, no minimum balance required to earn interest

  8. UFB Direct : 4.01% APY, no minimum balance required to earn interest

  9. Western Alliance Bank: 4.25% APY, minimum balance of $1 required to earn interest

  10. Upgrade : 4.38% APY, minimum balance of $1,000 required to earn interest

  11. Customers Bank: 4.23% APY, minimum balance of $1 required to earn interest

  12. RBMAX : 4.15% APY, no minimum balance required to earn interest

  13. EverBank : 4.3% APY, no minimum balance required to earn interest

  14. Popular Direct: 4.1% APY, minimum balance of $0.01 required to earn interest

  15. Elevault: 4.08% APY, no minimum balance required to earn interest

  16. Bread Financial : 4.4% APY, $100 minimum balance required to earn interest

  17. BMO Alto Online Savings : 3.7% APY, $0.01 minimum balance required to earn interest

  18. Bask Bank Interest Savings : 4.5% APY, no minimum balance required to earn interest

  19. Salem Five Direct : 4.01% APY, $0.01 minimum balance required to earn interest

  20. Betterment Cash Reserve : 4.5% APY, no minimum balance required to earn interest

Editor’s note: Rates are accurate as of Mar. 26, 2025 and are subject to change.

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