The best 36 high yield interest bank accounts I found in January 2026!
Generally expect the better bank interest yields to be in the range of 3.75%-4% reflecting slightly above the current Fed Funds Rate range of 3.5%-3.75%.
Beware of some interest rates that seem too good to be true, make sure you understand the fine print with any offering.
None of this content is sponsored nor is it advice, what I’m sharing is just for educational purposes from the research I’ve gathered from the Best Cash Cow site. Check out user reviews from Best Cash Cow and other sites like Deposit Accounts, Raisin, and more.
What I like to look for in any high yield bank account is the least amount of fees and strings attached. Ideally I like to make sure there’s no minimums to open or maintain the account, no monthly fees, no overdraft fees, and free ATM access. I also prefer for there to be no cap on how much interest I can earn on my account balances.
I’m guessing the Fed Funds Rate will hold at its current range until summer 2026, where rates could drop when a new Fed Chair takes Jerome Powell’s place. The Fed Funds Rate influences bank savings and mortgage rates, to name a few.
With the advent of online banking and mobile banking, there’s a lot less of a need to have brick and mortar banks. But there’s always some fine print you’re going to want to pay close attention to with any bank account offering.
Another important thing you should definitely confirm with any bank or credit union you open an account with, is to make sure it’s FDIC-insured or covered by the US Government’s Federal Deposit Insurance Corporation.
This means your money is secure up to $250,000 and this helps to avoid bank runs like what we saw with the Silicon Valley Bank run in March 2023 or during the Great Depression of the 1930s.
In a way that combines exercise and banking, Fitness Bank offers high yields across its savings and checking products with some requirements.
If you may want a slightly higher rate, you might be interested in Certificates of Deposit (CDs) or even US treasury bonds.
While rates are not as high as they used to be, I’m still enjoying my current savings interest rates for as long as they last.
Happy saving until then! 🙂
If you’re interested in learning how to take control of your finances and start becoming an investor like Warren Buffett, check out my free PDF guide.
I look forward to making more investor friends! Add me on Instagram: michellemarki