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High-Yield Savings Account Rates Today: June 2, 2025 – Rates Are Steady

  • High-yield savings account rates remain steady, with no change from last week. The highest rate available is 5.84% on a standard savings account with a $2,500 minimum deposit.
  • Online banks and credit unions typically offer higher interest rates compared to traditional brick-and-mortar banks. The average APY for a traditional savings account is 0.22%.
  • For high-yield savings accounts requiring a minimum deposit of $10,000, the best interest rate is currently 4.88%, with an average APY of 0.23%. Accounts with a $25,000 minimum deposit offer rates around 4.21%.
  • When choosing a savings account, consider factors like minimum deposit requirements, fees, and the financial institution's reputation. Look for FDIC or NCUA insurance for added protection.

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