Best high-yield savings rates: Up to 4.10% APY on June 28, 2026

As of June 28, 2026, the highest savings account rate available is 4.10% APY offered by Bask Bank. The national average savings account rate is reported at 0.38%, a significant increase from 0.06% three years ago. If an individual deposits $1,000 at the national average rate, their balance would grow to $1,003.81 after one year. In contrast, a deposit of the same amount in a 4% APY account would yield a total of $1,040.81 over one year, illustrating the substantial potential earnings in high-yield savings accounts.