Where to open a HYSA

I over 30,000 in a high yield savings account at age 25. So if you're struggling on deciding which high yield savings accounts to open, these are the three most popular as of 2026 and the differences between them. Starting off number one is Ally. Ally is probably one of the most common and well-known high yield savings accounts out there. They're currently offering a 3.0% APY. There's no minimum requirement, they also offer the buckets, the vaults so you can earn the higher APY on multiple different like savings accounts. And they don't require any direct deposit, which is another reason a lot of people like them. Moving on to number two, which is Capital One. Another really good option, especially if you already bank with them. They as well are offering a 3.0% APY. There's no minimum requirement, no direct deposit requirement. And then also they have in-person branches if that's something that's important to you. The only thing is they don't allow you to do like the different savings vaults and the platform is a lot more like simplistic and basic than most high yield savings accounts, but sometimes that's what some people are looking for. Number three is SoFi, which is another really popular option because of the huge sign up bonuses. SoFi does require you to set up direct deposit in order to get the higher 3.8% APY. Or you can pay $1000 direct deposit within the first 25 days, you get $50 back. And if you get $5000 direct deposit within the first 25 days, you get $400 back. Now I personally like to use SoFi for mine, just because I prefer the platform and again, they pay a lot more. So if you do want to get that huge sign up bonus and open a high yield savings account with SoFi, you can find that link at the top of my page. But regardless, like all three of these are good options. Like the goal is not to find the perfect high yield savings account, it's to take your money out of a normal checking or savings account earning 1 cent a year into a high yield savings account that's actually going to pay you free money every single month.