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High-Yield Savings Account Rates Today: May 1, 2025 – Rates Are Steady

  • High-yield savings account rates have remained steady compared to last week, with the highest rate at 5.84% for a $2,500 minimum deposit.
  • Traditional savings accounts offer an average APY of 0.22%, while high-yield savings accounts provide substantially higher interest rates, such as 4.88% with a $10,000 deposit.
  • For high-yield savings accounts requiring a $25,000 minimum deposit, the current highest rate available is 4.40%.
  • Historically, the early 1980s saw the highest interest rates, with a three-month CD reaching 18%, considerably higher than today's rates.

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