High-yield savings, ranked by APY
As of November 9, 2026, the top high-yield savings accounts pay at least 400 times Chase's 0.01% APY. Leader Bank and Axos Bank pay the most, 5.00%, but both have requirements. EverBank pays 4.20% with no requirements (for new accounts only).
† Requirements
- Leader Bank: $1,000 a month in direct deposits and a Leader Bank checking account. 5.00% guaranteed through Dec 31, 2026.
- Axos ONE Savings: $1,500 a month in direct deposits and an Axos ONE Checking account. 5.00% is a promotional rate.
- SoFi: Direct deposit (or $5,000 in deposits a month) and a SoFi checking account. 4.40% through Dec 31, 2027, then 3.30%.
- Axos Summit Savings: Requirements are listed on Arca's rates page. 4.01% is a promotional rate.
National average · FDIC, published monthly. FDIC, as of September 2026
| Rank | Bank | APY |
|---|---|---|
| 1 | Leader Bank (requirements below) | 5.00% |
| 2 | Axos ONE Savings (requirements below) | 5.00% |
| 3 | SoFi (requirements below) | 4.40% |
| 4 | EverBank (no requirements) | 4.20% |
| 5 | Axos Summit Savings (requirements below) | 4.01% |
| — | Chase (your current bank) | 0.01% |
What you'd earn at each, by balance.
As of Nov 9, 2026, $10,000 in savings earns $1 a year in Chase Savings (0.01% APY) and $420 in a top HYSA such as EverBank Performance Savings (4.20% APY).
| Balance | Chase0.01% | Leader Bank5.00%* | EverBank4.20% |
|---|---|---|---|
| $5,000 | under $1 | $250 | $210 |
| $10,000 | $1 | $500 | $420 |
| $25,000 | $3 | $1,250 | $1,050 |
| $50,000 | $5 | $2,500 | $2,100 |
| $100,000 | $10 | $5,000 | $4,200 |
*Leader Bank Zeugma Plus High Yield Savings pays 5.00% APY only with a linked checking account, direct deposit of $1,000+/mo, and a minimum opening deposit, plus other qualifying requirements. Leader Bank Zeugma Plus High Yield Savings's 5.00% APY is a promotional rate through December 31, 2026; after that the rate may change. EverBank Performance Savings pays this rate to new accounts only. One year of interest at today’s APY (balance × APY), rounded to whole dollars. All accounts are FDIC insured up to $250,000. | |||
Personalize the gap.
Compared at Chase's 0.01% standard APY vs. Leader Bank's 5.00% APY. Simple interest.
That's $2,495 over five years, just by switching where the dollars sit.
Why does Chase pay so little on savings?
Chase is the largest US bank by deposits — roughly $2.4 trillion in deposit base — and at that scale money flows in regardless of the rate offered. There is zero competitive pressure to raise the savings APY when the depositors are already there. Chase also operates the country's largest branch footprint, around 4,700 physical locations, and that real estate costs billions a year to maintain. The margin between what Chase pays depositors and what it earns on loans helps fund that branch network. The result, as of November 9, 2026, is that Chase has paid 0.01% APY — the regulatory floor for an interest-bearing account — for years on end. There is no structural incentive for that to change.
What about Chase's higher-tier savings accounts?
Chase's higher-tier product is Chase Premier Savings, which pays just 0.02% APY as of November 9, 2026 and only to customers who hold a linked Chase Premier Plus or Sapphire Checking account. The standard Chase Savings account itself carries a $5 monthly service fee, waived with a $300 minimum daily balance or a linked Chase checking account. Even at the Premier tier, 0.02% APY is still hundreds of times lower than the rates available at top high-yield savings accounts. The tier exists to retain deposits across products, not to reward savers.
Top high-yield savings rates vs. Chase
On a $10,000 balance, Zeugma Plus High Yield Savings at Leader Bank (5.00% APY) earns about $500 a year. It is a promotional rate that requires a linked checking account, direct deposit of $1,000+/mo, a minimum opening deposit, and other conditions. Chase Savings (0.01% APY) earns about $1.
| Account | Max APY ↓ | Yearly interest on $10,000 | Bank site |
|---|---|---|---|
Zeugma Plus High Yield Savings Leader Bank · Member FDIC Requirements: Linked checking · Direct deposit · +4 more | 5.00% APY 2.50% without requirements | $500 a year on a $10,000 balance | Visit site |
See details for Zeugma Plus High Yield SavingsZeugma Plus High Yield Savings pays up to 5.00% APY as of November 9, 2026, and requires a linked checking account, direct deposit of $1,000+/mo, and a minimum opening deposit. Earn 5.00% APY as a promotional rate through December 31, 2026; after that the rate may change.
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Axos ONE® Savings Axos Bank · Member FDIC Requirements: Linked checking · Direct deposit · +2 more | 5.00% APY 1.00% after the intro period | $500 a year on a $10,000 balance | Visit site |
See details for Axos ONE® SavingsAxos ONE® Savings pays up to 5.00% APY as of November 9, 2026, and requires a linked checking account and direct deposit or qualifying deposits. Earn 5.00% APY now, dropping to 1.00% APY once the intro period ends.
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SoFi High-Yield Savings Account SoFi · Member FDIC Requirements: Linked checking · Direct deposit New accounts only | 4.40% APY 3.30% after Dec 31, 2027 | $440 a year on a $10,000 balance | Visit site |
See details for SoFi High-Yield Savings AccountSoFi High-Yield Savings Account pays up to 4.40% APY as of November 9, 2026, for new accounts, and requires a linked checking account and direct deposit or qualifying deposits. Earn 4.40% APY now, dropping to 3.30% APY when the intro period ends on December 31, 2027.
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EverBank Performance Savings EverBank · Member FDIC Full rate, no requirements New accounts only | 4.20% APY | $420 a year on a $10,000 balance | Visit site |
See details for EverBank Performance SavingsEverBank Performance Savings pays 4.20% APY as of November 9, 2026, for new accounts, with no minimum balance, no direct deposit required, and no linked checking account required.
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Axos Summit Savings Axos Bank · Member FDIC Requirements apply — see details New accounts only | 4.01% APY 3.75% after the intro period | $401 a year on a $10,000 balance | Visit site |
See details for Axos Summit SavingsAxos Summit Savings pays up to 4.01% APY as of November 9, 2026, for new accounts. The qualifying conditions are listed below. Earn 4.01% APY now, dropping to 3.75% APY once the intro period ends.
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For reference Chase Savings Verified by Arca on . Chase's rate page (opens in a new tab) | 0.01% APY | $1 a year on a $10,000 balance | |
One year of interest on $10,000 at today's APY, rounded to the dollar. Each bank provides its own FDIC insurance; Arca is not a bank and does not hold deposits.
See all current rates →Questions, answered.
What is Chase's current savings account APY?
Chase's standard savings account pays 0.01% APY as of November 9, 2026 — one of the lowest rates among major US banks. On a $10,000 balance, that earns $1 per year, versus roughly $500 at Leader Bank, which pays 5.00% APY, a promotional rate, and requires a linked checking account, direct deposit of $1,000+/mo, a minimum opening deposit, and other conditions. Source: Arca Savings, updated November 9, 2026.
Will switching savings accounts affect my Chase checking account or credit cards?
No. Opening a high-yield savings account at another institution has no effect on your Chase checking account, credit cards, or any other Chase products. You can keep your Chase relationship intact while moving savings to Axos Bank, Marcus by Goldman Sachs, SoFi, or American Express High Yield Savings. Source: Arca Savings, updated November 9, 2026.
Is it safe to move my money out of Chase?
Yes, as long as your new account is FDIC insured — Axos Bank, Marcus by Goldman Sachs, SoFi, and American Express High Yield Savings all are. FDIC insurance covers up to $250,000 per depositor per institution, the same protection you have at Chase. Source: Arca Savings, updated November 9, 2026.
Does Chase ever offer a higher savings rate?
Chase offers a Premier Savings account that pays slightly more for customers with a linked Chase Premier Plus or Sapphire Checking account, but the Premier rate is just 0.02% APY as of November 9, 2026, against 5.00% APY, a promotional rate, at Leader Bank, which requires a linked checking account, direct deposit of $1,000+/mo, a minimum opening deposit, and other conditions. Source: Arca Savings, updated November 9, 2026.
How long does it take to transfer money from Chase to a high-yield savings account?
A standard ACH transfer from Chase to Axos Bank, Marcus by Goldman Sachs, or SoFi typically clears in 1–3 business days. You initiate the transfer from either side after opening the new account. Source: Arca Savings, updated November 9, 2026.
How much interest does Chase pay per month on $10,000?
Chase pays about $0.08 per month on a $10,000 savings balance — $1 a year at 0.01% APY as of November 9, 2026. EverBank Performance Savings (for new accounts only) pays about $35 a month, or $420 a year, on the same balance. The monthly difference is roughly $34.92. Source: Arca Savings, updated November 9, 2026.
Is Chase's savings account good for an emergency fund?
No — Chase Savings is safe but costly for an emergency fund. It pays 0.01% APY as of November 9, 2026, so a $10,000 emergency fund earns $1 a year, against $420 at EverBank Performance Savings (for new accounts only). Chase Savings also charges $5 a month unless you keep a $300 minimum daily balance or link a Chase checking account. Both are FDIC insured to $250,000. Source: Arca Savings, updated November 9, 2026.
How do I calculate interest on a Chase savings account?
Multiply your balance by the APY, then divide by 100. Chase Savings pays 0.01% APY as of November 9, 2026, so a $10,000 balance earns $1 a year and a $100,000 balance earns $10. APY already includes compounding, so no separate compounding step is needed. Arca's free calculator does this for any balance and compares it against current high-yield rates. Source: Arca Savings, updated November 9, 2026.