Interest rates on savings accounts are at an all-time low, with the national average at 0.4%. However, some accounts offer much higher rates, with the current highest rate at 4.3% APY offered by SoFi.* Your earnings depend on the APY and compounding frequency, potentially earning over $400 on a $10,000 deposit.

Considering a high-yield savings account with 4% APY could earn you over $40 on a $1,000 deposit in one year. Depositing $10,000 in the same account could yield over $400 in interest. Ensure you’re getting the best rate possible to maximize your savings.

Read more at Yahoo Finance: Best high-yield savings interest rates today, December 13, 2025 (Earn up to 4.3% APY)