Best HYSAs for Emergency Funds
17 accounts · Updated daily · Verified APYs
An emergency fund is the one savings goal where liquidity beats yield. Anything that locks your money up — CDs, T-bills, brokerage settlement — is the wrong tool. The accounts ranked below combine instant ACH access, no withdrawal cap penalties, and competitive APYs.
We exclude accounts that limit you to fewer than 6 free withdrawals per month and any product where the headline rate is contingent on direct deposit or debit usage you might not maintain in a real emergency.
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
- 04CIT Platinum SavingsFDIC · $100 min · $0.00/mo4.55%Updated 1d ago
- 05Wealthfront Cash AccountFDIC · $1 min · $0.00/mo4.50%Updated 1d ago
- 06LendingClub LevelUp SavingsFDIC · $0 min · $0.00/mo4.50%Updated 1d ago
- 07Bread Savings High-Yield SavingsFDIC · $100 min · $0.00/mo4.40%Updated 1d ago
- 08Synchrony High Yield SavingsFDIC · $0 min · $0.00/mo4.35%Updated 1d ago
- 09Barclays Online SavingsFDIC · $0 min · $0.00/mo4.35%Updated 1d ago
- 10Fidelity Cash Management AccountFDIC · $0 min · $0.00/mo4.05%Updated 1d ago
- 11SoFi Checking and SavingsFDIC · $0 min · $0.00/mo4.00%Live
- 12Discover Online Savings AccountFDIC · $0 min · $0.00/mo4.00%Updated 1d ago
- 13Marcus Online Savings AccountFDIC · $0 min · $0.00/mo3.65%Live
- 14Ally Online Savings AccountFDIC · $0 min · $0.00/mo3.20%Live
- 15American Express High Yield SavingsFDIC · $0 min · $0.00/mo3.20%Live
- 16Capital One 360 Performance SavingsFDIC · $0 min · $0.00/mo3.20%Live
- 17Alliant High-Rate SavingsNCUA · $5 min · $0.00/mo3.10%Updated 1d ago
Frequently asked
How big should my emergency fund be?
The standard rule of thumb is 3 to 6 months of essential expenses. Households with variable income or single earners often target the higher end of that range.
Is a HYSA better than a money market for an emergency fund?
For most people, yes. HYSAs typically have similar APYs to money market accounts but fewer requirements (no check writing minimum, no debit card requirement). Both are FDIC-insured.
How fast can I access the money?
Standard ACH transfers from a HYSA to your checking account take 1–3 business days. Several banks on this list offer same-day or instant transfers if you also bank with them.