Best high-yield savings interest rates today, December 22, 2025 (Earn up to 4.3% APY)

Core Insights - The Federal Reserve has cut the federal funds rate three times in both 2024 and 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 above the national average [2][3] - The highest savings account rate available as of December 22, 2025, is 4.3% 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 at 0.39%, while 1-year CDs average 1.63% [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 and branch access, digital banking tools, and the financial stability of the institution [7] - Ensuring that the savings account is insured by the FDIC or NCUA is critical for protecting deposits [7]