Five Banks Pay 4%+ APY on Savings—And Here’s How to Grab It

MarketWatch notes that only about 7% of Americans earn 4% APY or more on savings, yet several banks currently offer 4%+ APYs. It lists five options—Axos Bank Axos ONE Savings (4.21% APY, $1,500 min), Openbank by Santander (4.20%, $500 min), LendingClub Level Up Savings (4.00%, $250+ monthly deposits), Bread Savings High-Yield Savings (4.00%, $100 min), and VIO Bank (4.02%, $100 min). The piece advises shoppers to compare rates and consider CDs for fixed returns, highlighting the large gap between traditional banks and high-yield digital accounts.