Best high-yield savings interest rates today, January 4, 2026 (Earn up to 4% APY)

Overview of Savings Interest Rates - The national average savings account rate is currently 0.39%, a significant increase from 0.06% three years ago [2] - Some top savings accounts are offering rates as high as 4% APY [2] Comparison of Interest Earnings - A $1,000 deposit at the average rate of 0.39% would yield a total of $1,003.91 after one year, earning $3.91 in interest [4] - In contrast, a high-yield savings account with a 4% APY would grow the same $1,000 to $1,040.81, resulting in $40.81 in interest [4] Impact of Deposit Amount on Earnings - Depositing $10,000 in a high-yield savings account at 4% APY would result in a total balance of $10,408.08 after one year, earning $408.08 in interest [5]