How we work
How we pick the best savings accounts
Plain English. Short. Honest. No jargon. Updated live, not weekly.
Last refresh: 2026-04-06
Our promise
- ✓We check every bank every 15 minutes. Live.
- ✓We open every account ourselves.
- ✓We earn money from some banks. The ranking ignores that.
- ✓If we are wrong, tell us and we will fix it.
The 7 things we check
Each one gets a score. The scores get a weight. That is your bank rating.
How much you actually earn
35%The real interest rate, not the one in the ad.
Why it matters: A 5% rate that only applies to your first $5,000 is not really 5%. We do the math for you.
Does the rate stick around?
15%We check if the bank quietly cuts your rate after you sign up.
⭐ Only we do this
Why it matters: Some banks lure you in with a high rate, then drop it. We catch them. Nobody else does.
Hidden fees
15%Every fee a normal customer might pay in a year, added up.
Why it matters: Not just "monthly fee: $0." Wires, paper statements, closing the account — all of it.
Is your money safe?
10%FDIC or NCUA insured, and the bank itself is healthy.
Why it matters: We confirm the insurance number on every bank, every Monday.
Do real customers like it?
10%How many complaints the bank has at the government complaints office.
⭐ Only we do this
Why it matters: It is public data. We just bother to publish it. Nobody else does.
How fast can you get your money out?
10%Transfers, ATM access, daily limits.
Why it matters: A high rate is useless if you have to wait 5 days to move your money.
How long does it take to open?
5%We open the account ourselves and time it on a phone.
⭐ Only we do this
Why it matters: If a bank takes more than a week to open the account, we tell you.
How we are different
Live, not weekly.
NerdWallet, Bankrate and Forbes update by hand. We check every bank every 15 minutes.
No jargon.
If you cannot understand it in 5 seconds, we rewrote it.
No CAPTCHAs.
No popups. No "accept all cookies." Read everything for free.
One job.
We do not sell mortgages or credit cards. Just savings. That is the point.
How we make money
Some banks pay us a small fee when you open an account through our link. They do not pay us to rank higher. The list is the list. If you want to see exactly which banks pay us, read the disclosure.
Before you open anything
We are a comparison site, not your bank. Always double-check the rate and fees on the bank’s own website before you open an account. Rates change. We do our best to keep up, but you should never trust just one source — including us.
Found a mistake?
A real human reads every email, every day.
hello@hysacompare.com