3 Savings Accounts Paying Over 4% APY in May 2025
KEY POINTS
- LendingClub offers account holders 4.40% APY with $250+ in monthly deposits.
- EverBank provides 4.30% APY with no minimum balance or deposit requirements.
- CIT Platinum Savings pays 4.10% APY for balances of $5,000 or more.
If your savings account still pays less than 1.00% interest, it's time for a change. Many online banks are offering more than 4.00% APY in May 2025. That's a strong return with basically no risk -- just like traditional accounts, your money is FDIC insured up to $250,000.
Here are three of the best high-yield savings accounts right now, each offering over 4.00% APY and all the flexibility of a traditional bank account.
1. LendingClub LevelUp Savings
The LendingClub LevelUp Savings account currently leads the pack with a sky-high 4.40% APY with $250+ in monthly deposits. Yes, there is a small monthly deposit minimum to meet to earn the top APY, but the upside is there are no monthly fees and no minimum to open.
It's a great high-yield savings account if you're already saving on a regular basis and want to get rewarded for it. Just keep in mind that you won't earn the 4.40% APY unless you hit the monthly deposit target.
What are you waiting for? Open a LendingClub LevelUp Savings account and start earning 4.40% back on your money today.
2. EverBank Performance℠ Savings
The EverBank Performance℠ Savings account stands out for its simplicity. It pays a flat 4.30% APY on all balances with no account minimum, no deposit requirements, and no monthly fees.
It's a great all-around option for anyone who wants a high APY without having to jump through hoops. Whether you're saving $50 or $5,000, you'll earn the same amount back.
Check out some of our other favorite high-yield savings accounts today to get a strong return on your investment, large or small.
3. CIT Platinum Savings
Another great choice is the CIT Platinum Savings account, offering 4.10% APY for balances of $5,000 or more.
If your balance drops below that, the rate drops steeply to just a fraction of a percent. You'll also need at least $100 to open the account.
Still, this one's a solid choice if you plan to keep at least $5,000 in savings. CIT also offers an appealing saving and checking account interface that's sleek, modern, and easy to navigate.
Get started with the CIT Platinum Savings account to earn up to 4.10% back on your money today.
You can't go wrong with any of these accounts
If you're ready to put your money to work, these three savings accounts are offering some of the best rates available in May 2025. LendingClub is a top choice for savers who can commit to monthly deposits; EverBank wins for ease and flexibility; CIT makes sense for larger balances.
And the truth is that any of these accounts is miles ahead of traditional banks, which tend to pay a fraction of these 4.00%-plus APYs.
A high-yield savings account is one of the safest ways to grow your cash -- and any of the above picks can help you start earning more today.
Our Research Expert
Ryan is a full-time personal finance writer at Motley Fool Money. He’s been covering topics like credit cards and savings since 2022, focusing on helping people who are new to the world of personal finance.
We're firm believers in the Golden Rule, which is why editorial opinions are ours alone and have not been previously reviewed, approved, or endorsed by included advertisers. Motley Fool Money does not cover all offers on the market. Motley Fool Money is 100% owned and operated by The Motley Fool. Our knowledgeable team of personal finance editors and analysts are employed by The Motley Fool and held to the same set of publishing standards and editorial integrity while maintaining professional separation from the analysts and editors on other Motley Fool brands. Terms may apply to offers listed on this page. APYs are subject to change at any time without notice.