Latest High-Earnings Savings Account Interest Rates, July 24, 2025: Maximum of 5.00% Offered
In the ever-evolving world of banking, high-yield savings accounts offer a promising avenue for those seeking to maximize their returns on savings. We have compiled a comparison of some notable options from Varo Money, Axos Bank, PI Bank, Elevault, Presidential Bank, and Peak Bank.
Varo Money's high-yield savings account boasts an industry-leading APY of up to 5.00% on balances under around $5,000. With no physical branches, this fully online bank offers easy access through a mobile app and no monthly maintenance fees. Additionally, Varo Money's unique feature of rounding up debit card transactions and depositing the difference into savings adds to its appeal for digital-savvy savers [3][4][5].
Axos Bank offers a high-yield savings account with a competitive APY around 4.00%. As a well-established online bank, Axos Bank provides generally no monthly fees and convenient digital access. Some accounts might have minimum balance requirements [2].
Regrettably, public data for PI Bank, Elevault, Presidential Bank, and Peak Bank does not provide explicit details about their high-yield savings account features or rates. Although insufficient information is available, it is likely that these banks offer online/digital conveniences similar to their competitors.
For those intrigued by PI Bank, more information about their savings account can be found at https://www.pibank.com/pibank-savings/. Elevault's services, while unspecified in the current data, can be explored at https://elevault.app/.
In conclusion, Varo Money leads among these banks with its high APY of 5.00%, no fees, and digital-friendly features. Axos Bank offers a solid alternative with slightly lower rates but robust online banking. For PI Bank, Elevault, Presidential Bank, and Peak Bank, further research is recommended to understand their offerings fully.
Looking for a high-yield savings account in the realm of personal-finance, one might consider Varo Money, with its impressive 5.00% APY and digitally-friendly services, or Axos Bank, offering a competitive 4.00% APY. However, more research is needed on PI Bank, Elevault, Presidential Bank, and Peak Bank due to limited data regarding their high-yield savings account features and rates.
