Top High-Yield Savings Account Rates as of November 7, 2025
The Federal Reserve lowered interest rates again in October, but some high-yield savings accounts still offer attractive returns, paying up to 5.00% APY. It is advisable to act quickly to lock in these top rates.
Western Alliance Bank Savings Account
The annual percentage yield (APY) listed is current as of November 6, 2025, but can change at the bank’s discretion. For the latest APY, check the product’s official website. To open an account, a minimum deposit of $500 is required, and a minimum balance of $0.01 must be maintained to earn the advertised APY.
National Average Comparison
The referenced national average APY comes from the FDIC's published National Rates and Rate Caps for savings deposit products, accurate as of October 20, 2025.
Platinum Savings Account Details
This account features a tiered interest rate structure. Interest is paid on the entire account balance based on the applicable tier rate and APY for that day. As of September 23, 2025:
- Balances from $0.01 to $4,999.99 earn 0.25% APY
- Balances of $5,000 or more earn 3.85% APY
Interest rates are variable and may change without notice. The minimum deposit to open a Platinum Savings account is $100.
Based on comparison to the national average APY published by the FDIC as of September 15, 2025.
Accurate information is presented as of the time of publication. Ensure to check the bank websites for the most current rates and terms.
Author’s summary: Despite recent rate cuts by the Fed, select savings accounts maintain competitive APYs of up to 5.00%, rewarding depositors who act swiftly to secure these offers.