Best HYSAs With $0 Minimum
13 accounts · Updated daily · Verified APYs
Many HYSAs advertise a headline rate but only pay it on balances above a tier (often $5,000 or $25,000). The accounts ranked below pay the full APY on every dollar starting at zero.
We verify the minimum balance requirement against the bank's Truth in Savings disclosure on every refresh.
The ranking
- 01Varo Savings AccountFDIC · $0 min · $0.00/mo5.00%Updated 1d ago
- 02Bask Interest SavingsFDIC · $0 min · $0.00/mo4.65%Updated 1d ago
- 03UFB Secure SavingsFDIC · $0 min · $0.00/mo4.57%Updated 1d ago
- 04LendingClub LevelUp SavingsFDIC · $0 min · $0.00/mo4.50%Updated 1d ago
- 05Synchrony High Yield SavingsFDIC · $0 min · $0.00/mo4.35%Updated 1d ago
- 06Barclays Online SavingsFDIC · $0 min · $0.00/mo4.35%Updated 1d ago
- 07Fidelity Cash Management AccountFDIC · $0 min · $0.00/mo4.05%Updated 1d ago
- 08SoFi Checking and SavingsFDIC · $0 min · $0.00/mo4.00%Live
- 09Discover Online Savings AccountFDIC · $0 min · $0.00/mo4.00%Updated 1d ago
- 10Marcus Online Savings AccountFDIC · $0 min · $0.00/mo3.65%Live
- 11Ally Online Savings AccountFDIC · $0 min · $0.00/mo3.20%Live
- 12American Express High Yield SavingsFDIC · $0 min · $0.00/mo3.20%Live
- 13Capital One 360 Performance SavingsFDIC · $0 min · $0.00/mo3.20%Live
Frequently asked
Why do some HYSAs require a minimum?
Banks use minimum balance tiers as a way to attract larger deposits without raising the rate for everyone. If you can't meet the tier, your effective APY may drop to a fraction of the advertised number.
Can I open an account with $1?
Yes — every account on this page can be opened with as little as $0. There is no funding requirement at signup.
Will my APY change if my balance grows?
No. The accounts here pay a single flat APY on all balances, so your earnings scale linearly with your deposit.