Maximizing Your Savings: Top High-Interest Savings Accounts in April 2025

In April 2025, high-interest savings accounts (HISAs) continue to offer savers attractive opportunities to grow their funds while maintaining liquidity. With Annual Percentage Yields (APYs) reaching up to 5.00%, these accounts present compelling options for individuals seeking to enhance their savings. This guide explores some of the top high-interest savings accounts available, highlighting their features, benefits, and considerations to assist you in making an informed decision.

Understanding High-Interest Savings Accounts

A high-interest savings account is a deposit account that offers a higher APY compared to traditional savings accounts. These accounts are typically provided by online banks and credit unions, allowing savers to earn more on their deposits. The elevated interest rates are often a result of lower operational costs associated with online banking platforms.

Top High-Interest Savings Accounts in April 2025

Based on the latest available data, here are some of the top high-interest savings accounts:​

​Note: APYs and minimum deposit requirements are subject to change. Please verify current rates and terms with the respective financial institutions before opening an account.​

1. Pibank

• APY: 5.00%​

• Minimum Deposit: None ​

• Fees: No monthly fees​

• Key Features: Pibank offers a competitive APY with no minimum deposit requirement, making it accessible for all savers. However, it does not provide ATM card access or mobile check deposit features. ​

• Location: Miami, FL​

2. Zynlo Bank

• APY: 5.00% ​

• Minimum Deposit: $10​

• Fees: No monthly fees 

• Key Features: Zynlo Bank’s money market account offers a high APY with a low minimum deposit. It provides mobile check deposit services but does not offer ATM card access. ​AInvest

• Location: Holyoke, MA​

3. BrioDirect

• APY: 4.75%​

• Minimum Deposit: $5,000 ​

• Fees: No monthly fees​

• Key Features: BrioDirect requires a higher minimum deposit but offers a competitive APY. It provides mobile check deposit services, catering to customers who prefer mobile banking.

• Location: Online​

4. Bread Savings

• APY: 4.65% ​

• Minimum Deposit: None​ The Sun

• Fees: No monthly fees​

• Key Features: Bread Savings offers a competitive APY with no minimum deposit requirement, making it accessible for new savers. It provides mobile check deposit services for convenient account management. ​

• Location: Online​

5. Fitness Bank

• APY: 4.55%​

• Minimum Deposit: $100​

• Fees: No monthly fees​

• Key Features: Fitness Bank offers an APY linked to fitness goals, rewarding account holders for meeting daily step targets. It provides mobile check deposit services for easy account management. ​AInvest

• Location: Online

Additional Considerations

• Money Market Accounts: Zynlo Bank offers a money market account, which is a type of savings account that typically provides higher interest rates and may offer features like check-writing or debit card access. However, it’s important to note that money market accounts are not always insured against inflation and may not always provide returns that outpace inflation. ​Investopedia

• Accessibility: Consider the ease of accessing your funds, especially if you anticipate needing frequent withdrawals. Some accounts may offer features like check-writing capabilities or ATM access, while others may have limitations.​

• FDIC Insurance: Ensure that the bank you choose is FDIC-insured, which protects your deposits up to $250,000 per depositor. This provides a safety net for your savings.

Final Thoughts

In April 2025, high-interest savings accounts present valuable opportunities to enhance your savings with minimal risk. By comparing APYs, minimum deposit requirements, and account features, you can select an account that aligns with your financial goals and preferences. Remember to consider factors