High-yield savings account rates are decreasing, but some still offer over 4% APY. To find the best rates, research competitive offers. The highest savings account rates are currently 4% APY from SoFi, Valley Bank Direct, and Barclays. Interest rates have fluctuated over the past decade due to economic factors like the 2008 financial crisis and the COVID-19 pandemic. Despite recent increases, savings account rates are still low compared to market investments. If saving for short-term goals, consider high-yield savings accounts for easy access to funds. Be sure to compare rates and fees for the best account.

Read more at Yahoo Finance: Best high-yield savings interest rates today, January 27, 2026 (Earn up to 4% APY)