Best high-yield savings interest rates today, November 10, 2025 (Earn up to 4.5% APY)

Core Insights - The Federal Reserve has cut the federal funds rate three times in 2024 and twice in 2025, leading to a decline in deposit account rates, making it crucial for savers to seek high-yield savings accounts [1][5] - High-yield savings accounts can offer interest rates as high as 4% APY or more, significantly better than traditional savings accounts [2][3] - The highest savings account rate available as of November 10, 2025, is 4.5% APY from SoFi, with most competitive rates coming from online banks due to lower overhead costs [3][4] Savings Account Rates - The national average savings account rate is currently 0.40%, while 1-year CDs average 1.68% [5] - Despite recent rate cuts by the Federal Reserve, high-yield savings accounts and CDs are offering some of the highest interest rates seen in over a decade [4][5] Choosing a Savings Account - It is essential for consumers to compare rates and account features from various financial institutions to secure the best deal [6] - Factors to consider include minimum balance requirements, customer service, ATM access, digital banking tools, and the financial stability of the institution [7]