The highest advertised rate this week is Axos Bank at 4.21% APY — but only if you set up direct deposit of $1,500+/mo and keep $1,500+ on hand. The best unconditional rate is Axos Summit Savings at 3.75% APY, no strings attached.
The top high-yield savings account APY in the Arca rate table is Axos Bank's 4.21% APY as of June 15, 2026, followed by CIT Bank's 4.10% APY and SoFi's 3.80% APY. All three are FDIC insured. Source: Arca Savings, updated June 15, 2026.
Anything above 3.40% APY is competitive as of June 15, 2026. Axos Bank pays 4.21% APY, CIT Bank pays 4.10% APY, SoFi pays 3.80% APY, and Marcus by Goldman Sachs pays 3.40% APY. Chase pays 0.01% APY and Bank of America 0.04% APY on standard savings — a fraction of those rates. Source: Arca Savings, updated June 15, 2026.
High-yield savings account rates are variable and can change at any time, typically in response to Federal Reserve rate decisions. Arca updates this page weekly to reflect any changes from Axos Bank, SoFi, Marcus by Goldman Sachs, or American Express High Yield Savings. Source: Arca Savings, updated June 15, 2026.
Marcus by Goldman Sachs, American Express High Yield Savings, Axos Summit Savings, and Ally Bank all open with $0 and have no minimum balance requirement and no monthly fees as of June 15, 2026. Marcus pays 3.40% APY, American Express pays 3.10% APY, Axos Summit pays 3.75% APY, and Ally pays 3.00% APY on any balance. Source: Arca Savings, updated June 15, 2026.
Yes — the rates on this page are current as of June 15, 2026 and updated weekly. Arca sources each APY directly from the bank’s published rate page: Axos Bank, Marcus by Goldman Sachs, CIT Bank, SoFi, Axos Summit Savings, American Express High Yield Savings, and Ally Bank. Source: Arca Savings, updated June 15, 2026.