Best Business Savings Accounts (Earn up to 5.48% APY)
Sophia Acevedo, Kit Pulliam, Evelyn He
Personal Finance, Banking, Savings
You can open high-yield business savings accounts at banks or credit unions.

Several financial institutions offer business bank accounts paying 4% APY or more.

You may need to maintain balance requirements or fulfill certain activities to earn the highest APY on some accounts.

Many banks and credit unions offer business bank accounts pay earn interest. If you want to open a business bank account, we've compiled a list of some of the most competitive business banking rates right now.

Best high-yield business savings accounts

The best business savings accounts offer at least 4% APY. Some are savings accounts; others are money market accounts, which are like savings accounts but may include additional features like ATM cards or paper checks.

We've covered accounts at brick-and-mortar banks, online banks, and credit unions. Credit unions have membership eligibility requirements. That said, we've selected the best credit unions that anyone can join, regardless of where you live in the United States.

If you're interested in a business checking account that pays interest, we also have a list of the best free business checking accounts.

When you're comparing business savings accounts, you'll want to consider more than just their interest rates. Here are a few other features to consider when opening up a business bank account:

Business savings account APY FAQs

At Business Insider, we consider many different aspects of a business savings account when deciding which ones should make our list of the best business savings accounts. We follow our bank rating methodology and consider the following aspects of business savings accounts, among others: the bank's ethics, the account's interest rate, the bank's customer support, the bank's mobile app, the account's monthly service fees, and the account's required minimum opening deposit.
You can open high-yield business savings accounts at banks or credit unions.
Several financial institutions offer business bank accounts paying 4% APY or more.
You may need to maintain balance requirements or fulfill certain activities to earn the highest APY on some accounts.
Many banks and credit unions offer business bank accounts pay earn interest. If you want to open a business bank account, we've compiled a list of some of the most competitive business banking rates right now. The best business savings accounts offer at least 4% APY. Some are savings accounts; others are money market accounts, which are like savings accounts but may include additional features like ATM cards or paper checks. We've covered accounts at brick-and-mortar banks, online banks, and credit unions. Credit unions have membership eligibility requirements. That said, we've selected the best credit unions that anyone can join, regardless of where you live in the United States. If you're interested in a business checking account that pays interest, we also have a list of the best free business checking accounts. When you're comparing business savings accounts, you'll want to consider more than just their interest rates. Here are a few other features to consider when opening up a business bank account: At Business Insider, we consider many different aspects of a business savings account when deciding which ones should make our list of the best business savings accounts. We follow our bank rating methodology and consider the following aspects of business savings accounts, among others: the bank's ethics, the account's interest rate, the bank's customer support, the bank's mobile app, the account's monthly service fees, and the account's required minimum opening deposit.
 Best high-yield business savings accounts Business savings account APY FAQs