The Clever Way People Are Unlocking Higher APYs From Savings Accounts
Written by
Laura Bogart
Edited by
Nick Friedman
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You work hard, and you want your money to work even harder. But finding a savings account with a competitive APY is easier said than done. According to U.S. News & World Reports, the average interest rate for a savings account was 0.42% at the end of 2024.
What if there was a much easier way to search for savings accounts with much higher rates? Better yet, what if there was a way to fund and manage those accounts through a single platform? Fortunately, it already exists in Raisin, a digital marketplace that brings offers from FDIC-insured banks and credit unions to your fingertips.
Find High-APY Accounts in One Location
Using one simple log-in and password, you can tap into high-APY offers from over 70 banks and credit unions — many of them with rates significantly higher than the national average.
As you explore the site for offers that can earn 11 times the national average savings account APY, you can also opt into free emails that share featured promotions. For instance, in January 2025, users received an exclusive offer for a savings account that paid more than 10 times the national average APY. You don’t need to be a current customer of that bank to learn about its best offers when everything is delivered into your inbox.
For more than a decade, Raisin has served its customers around the world. More than a million users enjoy secure access to banking products that will grow their savings much faster than the average account.
Build a More Robust Portfolio
Speaking of banking products, there’s more than one way to save big. Raisin gives you access to even more than high yield savings accounts with formidable APYs. You can also scout for money market accounts and CDs that will give you the returns you want.
With Raisin, you can view, manage and deposit money into each of these accounts through one simple login. You don’t need to go through the hassle of creating multiple accounts for each bank or credit union to get the best rate — everything happens through one easy-to-use platform.
Best of all, you don’t need to make massive deposits to get started. A $1 minimum deposit will help you open these accounts — and there are no fees. Raisin also comes with educational information that can help you learn more about each kind of account and how it can help you save more efficiently.
To date, Raisin customers have earned over $2 billion in interest, a sign they’re using the platform to make powerful money moves.
Move Quickly and Securely
Raisin places a lot of emphasis on security. You can rest assured that every transaction you make is protected by security features that have met the outlines set by the American Institute of Certified Public Accounts.
Ready to start growing your savings faster? Get started here to open an account with Raisin and see how much you can grow your savings.
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