Best High-Yield Business Savings Accounts for June 2025: Up to 4.00%

The best high-yield business savings account rate is currently 4.00% APY, available from Premier Members Credit Union, along two other accounts offering 4.00%. The accounts on this page offer much higher rates than the national average for savings accounts, which is just 0.42%.

High-yield business savings accounts are excellent tools for saving because they allow 𒆙ea👍sy access to your money, compared to some other options like certificates of deposit (CDs) and investments. Every business day, Investopedia’s full-time research and compliance teams search for the highest business savings account APYs, updating this page with the latest information. You’ll find offers from our partners below, followed by our ranking of the best business savings accounts available.

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Best High-Yield Business Savings Accounts

– 4.00%*
– 4.00%
– 4.00%
s – 3.80%
– 3.75%
– 3.70%*
– 3.56%
– 3.55%
– 3.50%*
– 3.46%*
– 3.35%
– 3.30%
– 2.75%

The top business savings account rates in the U.S. are listed below in order of annual percentage yield (APY), using the best possible APY for balances of $200,000 or less. When more than one institution offers the same rate, we’ve listed the accounts with the smallest minimum required balance to earn that APY first; after that, any ties are listed alphabeticall♓y.

Required opening deposit: $5
Minimum balance requirement: None
Monthly fee: None
ATM card: Not disclosed
Mobile check deposit: Not disclosed
Checking accounts available: Yes
CDs available: No
Overview: Anyone can join PMCU by keeping $5 in a savings account and agreeing to the credit union making a small donation in your name to its affiliated nonprofit, Impact on Education. PMCU can be traced back to 1959, but it took its current name in 2015 after a merger with Boulder Valley Credit Union. PMCU is headquartered in Broomfield, Colorado.

*Advertised rate is for balances up to $2,000.

Required opening deposit: Not disclosed
Minimum balance requirement: $200,000 to earn stated APY
Monthly fee: $0
ATM card: Not disclosed
Mobile check deposit: Not disclosed
Checking accounts available: Yes
CDs available: Yes
Overview: Established in 2004, Prime Alliance operates one branch in metropolitan Salt Lake City, while also offering deposit products online to customers throughout the U.S.

Required opening deposit: Not disclosed
Minimum balance requirement: $200,000 to earn stated APY
Monthly fee: $0
ATM card: Not disclosed
Mobile check deposit: Not disclosed
Checking accounts available: Yes
CDs available: Yes
Overview: Established in 2004, Prime Alliance operates one branch in metropolitan Salt Lake City, while also offering deposit products online to customers throughout the U.S.

Required opening deposit: None
Minimum balance requirement: None
Monthly fee: None
ATM card: No
Mobile check deposit: Yes
Checking accounts available: Yes
CDs available: Yes
Overview: Axos is an online bank that was established in 2000 and is headquartered in San Diego.

Required opening deposit: $5
Minimum balance requirement: $100,000 to earn stated APY
Monthly fee: Not disclosed
ATM card: Not disclosed
Mobile check deposit: Not disclosed
Checking accounts available: Yes
CDs available: Yes
Overview: Anyone can join Genisys by making a $5 donation to the Arthritis Foundation or the Paint Creek Center for the Arts and keeping at least $5 in a member savings account. Genisys Credit Union was chartered in 1964 and is headquartered in Auburn Hills, Michigan.

Required opening deposit: Not disclosed
Minimum balance requirement: $10,000 to earn stated APY
Monthly fee: $3
ATM card: Yes
Mobile check deposit: Yes
Checking accounts available: Yes
CDs available: Yes
Overview: Capital One is the ninth-largest U.S. bank by assets, offering various banking products online to customers nationwide.

*Advertised rate is available for balances of $10,000 to $10 million. Advertised rate is a promotional rate guaranteed for the first three months; after that, it will revert to a standard rate.

Required opening deposit: $50,000 to earn stated APY
Minimum balance requirement: $50,000 to earn stated APY
Monthly fee: $15
ATM card: Not disclosed
Mobile check deposit: Not disclosed
Checking accounts available: Yes
CDs available: Yes
Overview: U.S. Bank is a regional bank with a large presence in the Midwest and West. It was founded in 1863 and is headquartered in Minneapolis.

Required opening deposit: $100
Minimum balance requirement: $25,000 to earn stated APY
Monthly fee: None
ATM card: Not disclosed
Mobile check deposit: Yes
Checking accounts available: Yes
CDs available: No
Overview: Grasshopper Bank is a digital bank, founded in 2019 and headquartered in New York City.

Required opening deposit: $25
Minimum balance requirement: $1
Monthly fee: None
ATM card: Yes
Mobile check deposit: Not disclosed
Checking accounts available: Yes
CDs available: Yes
Overview: Established in 1998 with a sole location in Ogden, Utah, TAB Bank offers its line of banking products exclusively online.

*Advertised rate is for balances up to $100,000.

Required opening deposit: $100
Minimum balance requirement: Not disclosed
Monthly fee: $5
ATM card: For sole proprietors only
Mobile check deposit: Not disclosed
Checking accounts available: Yes
CDs available: Yes
Overview: First Internet Bank is so named because it claims to be the first FDIC-insured bank to operate exclusively online. Founded in 1999, it is based in the Indianapolis suburb of Fishers, Indiana.

*Advertised rate is for balances below $5 million.

Required opening deposit: None
Minimum balance requirement: None
Monthly fee: None
ATM card: Not disclosed
Mobile check deposit: Yes
Checking accounts available: Yes
CDs available: Yes
Overview: Live Oak Bank is an internet-only bank established in Wilmington, N.C., in 2008.

Required opening deposit: $10,000
Minimum balance requirement: $10,000 to earn stated APY
Monthly fee: $10
ATM card: Not disclosed
Mobile check deposit: Not disclosed
Checking accounts available: Yes
CDs available: Yes
Overview: Anyone can join American Heritage by agreeing to membership in the Kids-N-Hope Foundation and keeping $15 or more in a member savings account. Headquartered in Philadelphia, American Heritage dates back to 1948.

Required opening deposit: None
Minimum balance requirement: None
Monthly fee: None
ATM card: Yes
Mobile check deposit: Yes
Checking accounts available: Yes
CDs available: Yes
Overview: Headquartered in Leawood, Kansas, a suburb of Kansas City, Missouri, nbkc bank dates back to 1999. Formerly known as National Bank of Kansas City, it shortened its name in 2015.

Why You Can Trust Us

Investopedia cꦜollects savings account rates from over 100 banks and credit unions every weekday. When ranking high-yield business savings accounts, we look not only at rates but also at balance requirements, minimum deposit requirements, monthly f♚ees, and more. Our unbiased research is intended to provide readers with the best rates available, regardless of any affiliate or partner relationships we may have. Investopedia launched in 1999 and has been helping readers find the best high-yield business savings accounts since 2023.

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The Fed held rates steady for a thir𒆙d consecutive time at it🐓s May 7 meeting. Three rate cuts from September through December last year lowered the 澳洲幸运5官方开奖结果体彩网:federal funds rate by a full percentage point to a range of 4.25%–4.50%, its lowest range since February 2023. Business savings accounts closely follow the fed funds rate, which means interest rates are expected to come down if the Fed lowers rates.

Hoꦅw Does a High-Yield Businꦅess Savings Account Work?

A high-yield business savings account is a type of savings account that offers higher annual percentage yields (APYs) than traditional savings accounts.

While a business checking account may be useful for paying for everyday operating expenses—like paying e♛mployees or purchasing in🌼ventory–a business savings account is better suited for purposes like an emergency fund.

Business savings accounts are important to have because they separate your personal savings and business savings. By separating your funds, you limit your personal liability, which means you won’t be responsible for your company’s debt or other monetary obligations.

Common Savings Account Terms To Understand

Annual percentage yield (APY): The APY is the annual rate of return, including 澳洲幸运5官方开奖结果体彩网:compounding. For example, if a savings account offers a 3% APY on your $10,000 balance and is compounded annually, you’d earn $300 after one year. Interest may be compounded daily, weekly, quarterly, or yearly. If two accounts have the same interest rates, the account with the more frequent compounding would have a higher APY.
Required opening deposit: Some bank accounts require business owners to deposit a minimum amount of money to open an account.
Monthly maintenance fee: To keep your account open, some financial institutions will require that consumers pay a monthly fee. Some accounts that have monthly fees may offer the option of waiving these fees, such as by maintaining a minimum average balance.
Monthly withdrawal limits: Although the 澳洲幸运5官方开奖结果体彩网:Federal Reserve no longer requires banks to 澳洲幸运5官方开奖结果体彩网:limit the number of withdrawals to six per month for savings accounts, some banks may still have limits in place.
FDIC Insurance: 澳洲幸运5官方开奖结果体彩网:Business bank accounts are insured up to $250,000 per bank by the 澳洲幸运5官方开奖结果体🌳彩网:Federal Deposit Insurance Corporation꧒ (FDIC). That means if you have a corporation, partnership, LLC, or unincorporated association, your deposits at an FDIC-insured bank are covered as long as you meet certain requirements.These deposits are insured separately from your personal accounts.
Minimum balance requirement: Some accounts may require consumers to maintain a certain balance to earn a higher APY.

Alternatives to a High-Yield B🌠usiness Savings Account

High-yield savings accounts can be a great option for business owners who want a place to store their cash and earn a stellar APY. However, they may not meet all of a business owner's needs.

High-Yield Business Sav🍸ings Account vs. Business Checking Accounts

While savings accounts are typically intended for longer term savings, 澳洲幸运5官方开奖结果体彩网:business checking accounts can be used to fund the day-to-day operations of your business. These accounts typically offer much lower APYs than savings accounts, but many of the best business checking accounts also offer an unlimited number of transactions. In contrast, some business savings accounts may restrict the number of transactions you can make ☂per month.

High-Yield Business Savings🅷 Account vs. Business CDs

You can score a solid APY with a high-yield savings account, but it’s possible to earn an even higher rate with a 澳洲幸运5官方开奖结果体彩网:certificate of deposit (CD). This is because CDs require you to lock up your money for a fixed period of time, typically a few months or years. If you try to access your money before it reaches maturity, you’ll be on the hook for an 澳洲幸运5官方开奖结果体彩网:early withdrawal penalty. Unlike savings accounts, CDs typical♐ly offer a fixed APY for the duration and are best for business owners who are willing to part with👍 their money for a period of time.

High-Yield ꦍBuไsiness Savings Account vs. Business Money Market Accounts

High-yield savings accounts and 澳洲幸运5官方开奖结果体彩网:money market accounts are quite similar—they offer significantly higher APYs than checking accounts and may have limits on the number of monthly withdrawals consumers can make. One difference between money market accounts and high-yield savings accounts is that some money market accounts offer the ability to write checks.

How We Find the Best High-Yield𒆙 Business Savings Accou꧅nt Rates

Every business day, Investopedia’s full-time res⛄earch and compliance teams track the rate data of about 100 banks and credit unions that offer high-yield savings accounts to customers, including business savings accounts.

We rank the best business savings accounts based on APY first, using the best possible APY available for balances of $200,000 or less, followed by other factors like required balance to earn that APY. To qualify for this list, the financial institution must be federally insured (FDIC for banks, NCUA for credit unions).

A man researched the best high-yield business savings accounts, sitting a desk with some paperwork. — damircudic / Getty Images

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