Best high-yield savings interest rates today, November 1, 2025 (Earn up to 4.1% APY)

Overview of Savings Interest Rates - The national average savings account rate is currently 0.40%, a significant increase from 0.06% three years ago [2] - Despite the low national average, some top savings accounts are offering rates as high as 4% APY and above [2][3] Best Savings Account Rates - The highest savings account rate available today is 4.1% APY, offered by Openbank, LendingClub, and Jenius Bank [3] - The amount of interest earned from a savings account is determined by the annual percentage rate (APY) and the frequency of interest compounding, which is typically daily [3] Interest Earnings Examples - A $1,000 deposit at the average interest rate of 0.40% would yield a total of $1,004.01 after one year, resulting in $4.01 in interest [4] - In contrast, a $1,000 deposit in a high-yield savings account at 4% APY would grow to $1,040.81, earning $40.81 in interest over the same period [4] - For a $10,000 deposit in a high-yield savings account at 4% APY, the total balance after one year would be $10,408.08, resulting in $408.08 in interest [5]