Best Savings Accounts August 2025
Updated: Aug 7, 2025
These rankings are entirely our own. We are not paid by any of the banks are receive no commission from links.
| Bank | Overall | APY | Min Deposit | Customer Satisfaction |
|---|---|---|---|---|
|
SoFi
Great digital-first choice with high APY...
Read morePros: High APY with no account fees, excellent mobile app, free ATM access. Cons: Must set up direct deposit for highest APY, limited branch access. Editor’s Opinion: Ideal for digital-first customers seeking a high APY and zero minimums. |
★★★★★ | 4.60% | $0 | 4.7 / 5 |
|
Ally Bank
Excellent tools and strong service...
Read morePros: No fees, great mobile app, 24/7 customer service. Cons: No physical branches. Editor’s Opinion: A top pick for people who value easy-to-use tech and excellent customer service. |
★★★★☆ | 4.25% | $0 | 4.8 / 5 |
|
Capital One
Strong hybrid option with digital tools...
Read morePros: No minimums or fees, physical branches, strong mobile app. Cons: Slightly lower APY than fintech competitors. Editor’s Opinion: Good for people who want the flexibility of both online convenience and in-person banking. |
★★★★☆ | 4.35% | $0 | 4.6 / 5 |
Best Savings Accounts