This review was updated December 7th, 2017.

We've vetted some of the most popular high-yield online savings accounts to bring you our shortlist of the best high-yield online savings accounts for 2017. Check out the table below and read on for more detailed reviews of each savings account. For more information on how our "best" list was selected, click here.

Savings Account APY Bonus Next Steps
CIT Bank Premier High Yield Savings 1.35%

$0

APPLY NOW

Discover Savings 1.30% $0

APPLY NOW

Synchrony Bank High-Yield Savings 1.30% $0

APPLY NOW

Ally Online Savings 1.25% $0 APPLY NOW
Goldman Sachs Bank Online Savings 1.30% $0

APPLY NOW

Barclays Online Savings 1.30% $0

APPLY NOW

Capital One 360 Savings® 1.00% $0

APPLY NOW

Alliant High-Rate Savings 1.25% $0

APPLY NOW

MORE >> Compare hundreds of savings rates to find a high yield

WANT YOUR SAVINGS TO EARN MORE? >> Check out current CD rates

CIT Bank Premier High Yield Savings

Good for: Cash bonus and high APY.

Importantly, CIT Bank Premier High Yield Savings packs in a high APY that doesn't come at the expense of unnecessary fees. This savings account delivers on many fronts, making it one of the best options we've come across. Read our CIT Bank Premier High Yield Savings review to learn more.

Bank APY What We Like

CIT Bank Premier High Yield Savings


APPLY NOW

1.35%

-$0 monthly fee

-$0 withdrawal limit fee

-Free outgoing wires*

-Mobile app and deposit

*$25,000 average daily balance required. 

Discover Savings

Good for: Low fees and best-in-class mobile app.

Discover's high-yield savings account gives includes many valuable perks. The bank's combination of a high APY, no monthly maintenance fees, and ease of use are all factors we consider a must-have for online savings accounts. Read our Discover Savings review to learn more.

Bank APY What We Like

Discover Savings


APPLY NOW

1.30%

-No monthly maintenance fees

-No monthly balance requirement

-Mobile app and deposit

Synchrony Bank High-Yield Savings

Good for: High APY and free ATMs.

We think Synchrony Bank High-Yield Savings is a top-tier option for people who want to tackle common fees head-on and earn one of the best interest rates we've seen. Parking your cash with Synchrony Bank can bring the cost of maintaining an account down to $0 for routine account needs and Synchrony's high yield rounds out the features we covet most when picking the best online savings accounts. Read our Synchrony Bank High-Yield Savings review to learn more.

Bank APY What We Like

Synchrony Bank High-Yield Savings


APPLY NOW

1.30%

-$0 monthly fee

-$0 minimum deposit

-Free ATMs*

-Mobile app and deposit

*No fees for in-network ATMs bearing the Plus, NYCE, or STAR logos. Synchrony rebates $5 per month for out-of-network ATM fees.

Ally Online Savings

Good for: High APY and free ATMs.

Ally has been one of the most vocal and aggressive online banks when it comes to low fees and competitive yields across all of its banking products. Ally Online Savings is no exception, with its high yield, free ATMs, and slate of fee waivers. Similar to Discover, Ally may be worth considering for financial services beyond just a savings account, including the online bank's CDs and brokerage offerings. Read our Ally Online Savings review to learn more.

Bank APY What We Like

Ally Online Savings


APPLY NOW

1.25%

-$0 monthly fee

-$0 minimum deposit

-Free ATMs*

-Mobile app and deposit

*U.S. Allpoint® ATMs are free, and the bank will reimburse $10 per statement cycle for out-of-network U.S. ATMs.

Goldman Sachs Bank Online Savings

Good for: High APY and low fees.

Goldman Sachs is a recent entrant in the online banking market, and the bank is garnering a lot of attention. That's because Goldman Sachs Bank Online Savings has been going toe-to-toe with competitors by delivering a high interest rate with low fees. Read our Goldman Sachs Bank Online Savings review to learn more.

Bank APY What We Like

Goldman Sachs Bank Online Savings


APPLY NOW

1.30%

-High APY

-$0 monthly fee

-$0 minimum deposit

Barclays Online Savings

Good for: High APY and low fees.

Barclays Online Savings checks many of our boxes for a top-notch savings account -- namely, low fees, convenience, and high yield. Its cut-rate fees are especially compelling, and its mobile app earns impressive user ratings. Read our Barclays Online Savings review to learn more.

Bank APY What We Like

Barclays Online Savings


APPLY NOW

1.30%

-$0 monthly fee

-$0 minimum deposit

-Mobile app and deposit

Capital One 360 Savings®

Good for: Low fees.

Consolidating accounts with a single provider is one way to simplify your finances, and Capital One 360 Savings® is part of a broad ecosystem of Capital One products that aim to fulfill every financial need a member has. Savers who value this sort of banking relationship may find that Capital One fits their needs. The APY far outpaces those of major national banks (though it lags many online-only competitors), and the fees are exceptionally low. Read our Capital One 360 Savings® review to learn more.

Bank APY What We Like

Capital One 360 Savings®


APPLY NOW

1.00%

-$0 monthly fee

-$0 withdrawal limit fee

-Mobile app and deposit

Alliant High-Rate Savings

Good for: Credit union and free ATMs.

Alliant is a credit union that offers the convenience expected from a major national bank while also delivering the high APY and low fees common among credit unions. Alliant also stands out for its mobile-friendly experience. Many credit unions skimp on their mobile platforms, but Alliant members will find that's not the case when using the app for routine account-management needs. Read our Alliant High-Rate Savings review to learn more.

Bank APY What We Like

Alliant High-Rate Savings


APPLY NOW

1.25%

-$0 monthly fee

-Free ATMs*

-Mobile app and deposit

*Alliant-owned ATMs and those that are part of the Alliance One, Allpoint, CO-OP Network, Credit Union 24 CU Here, and Publix Presto networks.

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The Motley Fool's Golden Rule is our north star, and we'll guide you to best-in-class offerings, regardless of advertising relationships. We value editorial independence, and reviews are not influenced by compensation. Compensation may influence placement within our list of the best savings accounts, but not inclusion. Click here to learn how we pick the best banking accounts. We work feverishly to maintain current offer details, and some offers may vary from what's included on this page. Review bank sites for full details on costs, fees, and other important details before opening an account. The Motley Fool has a disclosure policy. The Motley Fool has no position in any of the stocks mentioned.