The best high yield saving accounts are currently earning an annual percentage yield (APY) of 5% or more. Our list of high-yield savings accounts earn much more interest than the national average of 0.46%. Show More If you’re looking to get a better interest rate on your savings, you need to find the best high yield savings account out there. High yield savings accounts are popular because they typically pay more than a traditional account. You usually find the best high yield savings accounts at online banks, since their overhead is lower. They then pass that savings on to you in the form of …