High-yield savings account rates today
High-yield savings rates stand at 4.11% in the latest published reading of September 15, 2026, according to U.S. Treasury via FRED. High-yield savings rates today, benchmarked to the 3-month Treasury and the federal funds rate, with the 12-month range and what separates a real high-yield account from a marketing label.
3-month Treasury (CD 3-month proxy)
4.11%
U.S. Treasury via FRED, observation of September 15, 2026.
- One month ago
- 3.86%
- One year ago
- 4.06%
- 12-month high
- 4.11%
- 12-month low
- 3.62%
| Series | Now | Observed | 1 month ago | 1 year ago | 12-month change | 12-month range |
|---|---|---|---|---|---|---|
| 3-month Treasury (CD 3-month proxy) | 4.11% | 3.86% | 4.06% | +0.05 pts | 3.62% – 4.11% | |
| Federal funds rate | 3.63% | 3.63% | 4.33% | -0.70 pts | 3.63% – 4.33% | |
| 6-month Treasury (CD 6-month proxy) | 4.17% | 3.95% | 3.81% | +0.36 pts | 3.56% – 4.18% |
Sources: U.S. Treasury via FRED; Federal Reserve via FRED; U.S. Treasury via FRED.
What moves high-yield savings rates
- The federal funds rate. Savings APYs are variable and follow it, though banks raise them slowly and cut them fast.
- Competition for deposits, which is why online banks with no branch network consistently price above national averages.
- Balance tiers and promotional windows. An APY that only applies to the first $5,000, or only for three months, is not the rate you will actually earn.
We publish what has been observed and who published it. We do not forecast where this rate goes next.
Cash has a job. Make sure yours has one.
Emergency fund, short-term goal or idle money that should be invested — the right answer changes the account you need.
Get matched with an advisorEditorial disclosure — Some companies listed here are commercial brands. We select them editorially from public regulatory data and are never paid for placement or ranking. Read our full disclosure.
Frequently asked questions
What counts as a high-yield savings rate?
In practice, an APY close to the short-term Treasury benchmark shown on this page. Accounts paying a small fraction of it are savings accounts in name only.
Can the bank cut my savings rate?
Yes, at any time and without notice. Savings APYs are variable, unlike a CD rate which is fixed once the term starts.