Opinions expressed here are our own, not those of any bank, credit card issuer, airlines or hotel chain. Terms apply to offers listed.
The SoFi High-Yield Savings Account is my top pick right now for a simple, effective way to grow your savings. If you have a recurring direct deposit set up — or hit $5,000 in total deposits over a 30-day period — you can unlock an impressive 3.80% APY. There’s no minimum balance requirement and no monthly fees, which keeps things straightforward and accessible.
What makes this account stand out is how well it balances ease of use with high return. The mobile and web experience is genuinely clean, and moving money between external accounts is seamless. It’s FDIC insured, of course, and you can pair it with a SoFi Checking account for instant transfers. The APY is variable, but it’s consistently been one of the most competitive I’ve seen, especially when you’re enrolled in SoFi Plus.
If you’re looking for a reliable, set-it-and-forget-it savings account that actually rewards you for staying consistent, I think this is one of the strongest options on the market right now. It’s the one I’d recommend to most people getting serious about saving.
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I don’t include all US credit card offers available on this site. Instead, I write primarily about cards which earn airline miles, hotel points, and some cash back (or have points that can be converted into the same).
Editorial Note: The opinions, analyses, and evaluations here are mine and not provided by any bank including (but not limited to) American Express, Chase, Citibank, US Bank, Barclays or any other company. They have not reviewed, approved or endorsed what I have to say.
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