Best Savings Rates for August 2026
Compare the best high-yield savings accounts, CD rates, and Treasury bond yields for August 2026. All rates are verified from official sources.
Last updated: June 3, 2026
Top High-Yield Savings Accounts
| Bank | APY | Min. Deposit | Monthly Fee | |
|---|---|---|---|---|
BestSoFi | 4.50% | $0 | None | Visit → |
Betterment | 4.40% | $0 | None | Visit → |
Wealthfront | 4.20% | $0 | None | Visit → |
Popular Direct | 4.11% | $0 | None | Visit → |
Bask Bank | 4.10% | $0 | None | Visit → |
Vio Bank | 4.03% | $0 | None | Visit → |
Marcus by Goldman Sachs | 4.00% | $0 | None | Visit → |
American Express | 4.00% | $0 | None | Visit → |
LendingClub Bank | 4.00% | $0 | None | Visit → |
Bread Savings | 4.00% | $0 | None | Visit → |
Best CD Rates by Term
3 months
4.05%
Signature Federal Credit Union
6 months
4.25%
Signature Federal Credit Union
7 months
4.16%
Genisys Credit Union
1 year
4.23%
GECU
17 months
4.30%
Connexus Credit Union
22 months
4.20%
Sullivan Bank
2 years
4.25%
USALLIANCE Financial
3 years
4.20%
Merrick Bank
4 years
4.20%
Merrick Bank
5 years
4.30%
Sullivan Bank
Treasury Securities
I-Bonds (Composite)
4.26%
Fixed: 0.9%
EE Bonds
2.4%
Doubles in 20 years
T-Bills (52-week)
3.8%
Latest auction
Frequently Asked Questions
What is the best savings rate in August 2026?
The best HYSA rate in August 2026 is 4.50% from SoFi. Rates are verified and updated regularly.
Should I choose a HYSA or a CD?
A HYSA offers flexibility to withdraw anytime, while CDs lock in a rate for a fixed term. Choose a HYSA for emergency funds and liquidity. Choose a CD if you can commit to a term and want a guaranteed rate.
How often do savings rates change?
HYSA rates can change at any time since they are variable. CD rates are fixed once you open the account. Rates tend to follow Federal Reserve interest rate decisions.