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It has been a tough year for multiple smaller theme and amusement parks across the country.The family-run Brean Theme Park in the British town of Somerset was assigned to liquidators at the start of 2026 while Wild Waves Theme and Water Park in Washington State and Fun Spot America in Atlanta are both currently running their final season before shutting down for good due to mounting operating costs and challenges around finding the funds to keep aging ride infrastructure attractive to visitors.The CaliBunga Waterpark in San José also  closed down indefinitely at the start of the summer season amid lack of agreement around necessary renovations between the city and the 41-year-old park’s new owners.Fiesta Village Family Fun Park shuts down after final weekend of operationsThe Fiesta Village Family Fun Park, which opened outside San Bernardino in California in 1974, has become the latest park to announce that it will close down forever after a final weekend on July 10 and 11 as well as a final private farewell event on July 12.The park was running year-round and had entered the summer season before making the final call to close down before its end.Related: 42-year-old water park shuts down during summer season, offers refundsMichelle and Patrick O’Brien purchased the park from its previous owners in 2002 and have over the last few years seen declining attendance despite the fact that it was for many a community hub and source of generational memories.The park charged a $52 entrance fee for adults and had dozens of rides with nostalgic themes including go-karts, large batting cages, a tilt-a-whirl and Dizzy Bears. The owners said that the water slides were the first of its kind in California when the park opened in 1974.

Fiesta Village Family Fun Park opened in the San Bernardino region in 1974.Fiesta Village Family Fun Park

“The economics of the amusement park industry have changed dramatically”: Fiesta Village Family Fun Park owners”The economics of the amusement park industry and what we’re doing have changed dramatically,” co-owner Michelle O’Brien described to San Francisco outlet SFGate. “We’ve just reached a point where continuing simply wasn’t sustainable. We used to do 22 [children ‘s parties] on a Saturday, and now we do nine.”The O’Briens also named the rising cost of living and lower discretionary spending power in the local community as the reason Fiesta Village Family Fun Park attendance took a hit in recent years.More Travel News:Airline to launch unusual new flight to Cayman Islands from the U.S.There is a very cool Irish version of swimming pigs in the BahamasUnexpected country is most luxurious travel destination for 2026Low-cost airline launches easier way to get to Sri LankaThey also said that they tried “to find somebody that was interested in keeping it Fiesta Village” but discovered there “was just no interest.”As a result, the closure was initially broken to its approximately 30 employees in an announcement that has also been emotional to many local residents with memories of attending the park who shared those memories on various social media channels following the public announcement.”It was the most fun job in the world,” Michelle O’Brien described her time leading the park further. “We got to work with a lot of high school and college kids, their first-time job. Getting to watch them grow and develop through the time that they had with us was so incredibly meaningful.”Related: 32-year-old theme park to close water ride forever after summer season

Money’s Main Takeaways
We found a wealth of high-rate traditional savings accounts. Many financial institutions offer interest rates between 4.50% and 5.26% — around 10 times more than the national average of 0.38%, as reported by the Federal Deposit Insurance Corporation (FDIC) April 2026.

CIT Bank offers a strong APY of 3.75% for balances of $5K and up

Capital One’s Teen Checking Account allows guardians to link to their own Capital One account for monitoring

Why Trust Us?

Our editors and writers review savings products of all kinds, including traditional savings accounts and high-yield savings accounts. Read our full methodology to learn more.

We analyze 50+ banks, credit unions, online banks and fintech companies.

We use 12 evaluation points, including APY, account fees, customer satisfaction, privacy and security, in our savings account reviews.

Thousands of hours of cumulative research is involved.

All financial institutions on our list are FDIC- or NCUA-insured.

*We update rates weekly. However, APYs and other account information is subject to change.
The best savings accounts offer high annual percentage yields (APYs), have low minimum balance requirements and charge few to no fees. Financial institutions should also offer reliable and widely accessible customer service.
The products on our list offer annual percentage yields of up to 5.26%. Read on to see our picks for the best savings accounts for 2026.
Our Top Picks for the 9 Best Savings Accounts of 2026
The companies listed below are organized alphabetically.

Ally – Best Digital Savings Tools (3.10% APY)
Barclays – Best Savings Account to Pair with a Certificate of Deposit (CD) (3.40%)
Bread – Best No-Frills Savings Account (4.00% APY)
Capital One – Best Savings Account for Kids and Teens (2.50% APY)
CIT Bank – Best Savings Account for $5,000 and Up (3.75% APY)
Marcus by Goldman Sachs – Best Savings Account to Pair with an Investment Portfolio (3.65% APY)
Raisin – Best Savings Account Marketplace (3.80% APY)
SoFi®– Best Savings and Checking Account Combination (Up to 3.80% APY)
Synchrony Bank – Best Savings Account with an ATM Card (3.30% APY)

Best Savings Account Reviews

Pros

Savings “buckets” make it easy to visualize and keep track of savings goals
No minimum deposit required
24/7 customer support
Mobile check deposit available
No fees for overdrafts, incoming wires or cashier’s checks

Cons

No ATM access for online savings account (you can still use ATMs without a fee)
No brick and mortar locations
Withdrawals are limited to 10 per statement cycle

HIGHLIGHTS

APY
3.10%

Minimum opening deposit
None

Other fees
Returned deposit item $7.50 / Excessive transactions fee $10 per transaction / Expedited delivery $15 / Outgoing domestic wires $20

Why we chose it: Ally Bank offers innovative savings tools, such as “buckets” and “boosters,” which are integrated into its mobile app.
Ally Bank’s online savings account not only offers a competitive APY, but also stands out with its smart saving tools. Saving buckets allow savers to divide their savings into up to 10 different categories.
Additionally, Ally Bank offers automated savings tools called boosters that feature:

Recurring transfers: Schedule recurring transfers from your checking account.

Round ups: Ally automatically rounds up eligible transactions to the nearest dollar, then automatically transfers these amounts to your savings in increments of $5 or more.

Surprise savings: Ally analyzes your checking account monthly for funds it considers “safe to save” and automatically transfers them to your savings account.

Note that you can opt in or out of these automated boosters at any time.
Read our full review of Ally Bank savings accounts here.

Pros

No monthly fees on savings or CD accounts
Competitive APYs on CDs with a variety of term lengths
No minimum deposit requirement for savings or CDs

Cons

No ATM access

Savings account APY is slightly lower than other companies on our list

HIGHLIGHTS

Minimum opening deposit
None

Other fees
No monthly maintenance fees / No limit to the number of withdrawals and transfers

Why we chose it: Barclays offers competitive rates for its savings account and certificates of deposit (CDs).
Barclays Online Savings offers a strong APY, and the online bank offers an even higher APY on its CDs. Its CDs come with terms of either 6, 12, 18, 24, 36, 48 or 60 months. If you’re looking to incorporate a CD alongside your savings account, Barclays is a solid choice.
Read our full review of Barclays Online Savings accounts here.

Pros

No monthly maintenance fee
Mobile check deposit
Unlimited transfers to external accounts

Cons

Required $100 opening deposit may be too high for some customers
No ATM card available

HIGHLIGHTS

APY
4.00%

Minimum opening deposit
$100

Other fees
$25 per outgoing wire transfer / $15 per official check request / $5 per paper statement request

Why we chose it: Bread Savings has one of the highest APYs on our list. The online bank charges no fees, has a mobile check deposit option and allows unlimited transfers.
Bread Financial offers a high-yield savings account with a strong APY, which requires a minimum opening deposit of $100. You can fund your account through electronic transfers or mobile check deposits in the Bread Financial app.
After funding, Bread Savings has no ongoing minimum balance requirement or monthly fees. The bank also doesn’t charge overdraft fees, and there are no restrictions on the number of transfers to external bank accounts.

Pros

No minimum required deposit

No account maintenance fees

No excess withdrawal fees

Cons

No ATM card
APY is lower than other companies we evaluated

HIGHLIGHTS

APY
2.50%

Minimum opening deposit
None

Other fees
No monthly or maintenance fees

Why we chose it: Capital One offers a custodial savings account with no monthly fees, no minimum deposit and a competitive APY. Parents and guardians can link this account to their own to help manage finances.
While best known for its credit cards, Capital One offers multiple savings products, including its Kids Savings Account. Parents and guardians of children eight years and older can open this free account, which also has no minimum balance requirement, to help their children learn personal finance basics without the risk of extra charges.
The savings account can be paired with a fee-free Teen Checking Account, which comes with a debit card that guardians can lock or unlock at any time. Parents and guardians can set up automated deposits from this account as well as transfers from their own accounts, and oversee all of their Capital One accounts via the mobile app.
While the APY on the Kids Savings Account is lower than what’s offered by other financial institutions on our list, it remains a helpful tool for youth to learn how to manage money while under adult supervision.

Pros

High APY for accounts funded with $5,000 or more
No balance cap on highest available APY
No limit on transfers to external bank accounts
No overdraft fees
Mobile check deposit via CIT Bank app

Cons

No ATM card for withdrawals
Must maintain balance of $5,000 or more to earn highest APY

HIGHLIGHTS

APY
3.75% (Platinum Savings)

Minimum opening deposit
$5,000

Other fees
$10 return deposit item fee / $10 outgoing wire transfer fee for accounts with less than $25,000

Why we chose it: CIT Bank offers 3.75% APY on balances of $5,000 and up.
CIT Bank charges no monthly fees and has no limits on how many transfers you can make out of your Platinum Savings account. A $5,000 deposit is required to open the account. Note that while there is no ongoing minimum balance requirement, only balances of $5,000 and up earn the highest available APY.
CIT Bank also offers the Savings Connect account, which has a slightly lower APY but requires only $100 to open. Like Platinum Savings, this account also features no monthly fees and no overdraft charges.
For a complete list of account details and fees, see our Personal Account disclosures.”
* Platinum Savings is a tiered interest rate account. Interest is paid on the entire account balance based on the interest rate and APY in effect that day for the balance tier associated with the end-of-day account balance. *APYs — Annual Percentage Yields are accurate as of January 9, 2026: 0.25% APY on balances of $0.01 to $4,999.99; 4.00% APY on balances of $5,000.00 or more. Interest Rates for the Platinum Savings account are variable and may change at any time without notice. The minimum to open a Platinum Savings account is $100.
Based on comparison to the national average Annual Percentage Yield (APY) on savings accounts as published in the FDIC National Rates and Rate Caps, accurate as of February 17, 2026.
Read our full review of CIT Bank savings accounts here.

Pros

Same-day transfers of up to $100,000 (inbound and outbound)
No monthly fees or minimum deposit requirement
Combine with Marcus Invest for more returns on your money

Cons

No ATM access for savings account
No mobile check deposits

HIGHLIGHTS

APY
3.50%

Minimum opening deposit
None

Other fees
None

Why we chose it: Marcus by Goldman Sachs is our choice for the best savings account to pair with an investment portfolio because of its competitive APY and guided investment help.
Marcus by Goldman Sachs offers a solid savings account: no fees, competitive APY and no minimum opening deposit requirement.
Additionally, if you’re looking to invest, Marcus Invest is a strong option for beginners; at sign-up, you answer simple questions to build a portfolio tailored to your needs. The opening requirement is only $5 for either an individual investment account, a joint investment account, or an individual retirement account (IRA).
Read our full review of Marcus by Goldman Sachs savings accounts here.

Pros

Compare savings accounts from over 50 different credit unions and banks
No monthly fees on any accounts offered so long as you satisfy account requirements
You can add additional savings products to your Raisin account to get the most out of your funds

Cons

Must register with Raisin for access to all savings products
Account requirements (e.g., minimum opening deposit) and features vary widely across financial institutions

HIGHLIGHTS

APY
4.10%

Minimum opening deposit
$1

Other fees
Varies by bank

Why we chose it: Raisin partners with over 50 financial institutions to offer a variety of savings products with competitive APYs.
Raisin is an online marketplace where you can comparison shop high-yield savings accounts from 50+ member FDIC or NCUA national banks, online-only banks and credit unions, including Liberty Savings Bank, Quontic Bank, Sallie Mae and Western Alliance Bank.
You can search for accounts based on specific characteristics (e.g., credit union, minority-led, charitable companies, digital first) as well as APY and the amount you plan to deposit.
Furthermore, once you’ve signed up, you can add additional accounts from other partner banks and manage them all at once through your Raisin account.

Pros

Signup bonus of up to $400
Multiple savings tools, including Vaults for individual savings goals
Get paid up to two days early with direct deposit to checking account
Checking account also earns interest

Cons

Must set up direct deposit to SoFi checking account to qualify for highest APY and signup bonus

HIGHLIGHTS

APY
Earn up to 3.80% Annual Percentage Yield (APY) on savings (including Vaults) with eligible direct deposit or $5,000+ in qualifying deposits during the 30-day evaluation period. Members without eligible direct deposit earn 1.00% APY on savings and 0.50% APY on checking.

Minimum opening deposit
None

Other fees
None

Why we chose it: SoFi® offers a strong savings APY and cash back on debit card purchases, plus a signup bonus of up to $400. With the checking account boost, you can earn up to 3.80% APY.
SoFi is an ideal choice for people looking to host their savings and checking accounts within the same bank. Its savings account offers a competitive APY and several savings tools, including automated round-ups. (SoFi automatically rounds up your debit card purchases to the nearest dollar and deposits the change into your savings account.)
Furthermore, new SoFi customers can receive up to $400 as a sign-up bonus. To get the full amount, you must receive direct deposits totaling at least $5,000 during the qualifying period, which starts the day you receive your first direct deposit and ends 25 days later. Direct deposits of at least $1,000 but less than $5,000 qualify for a $50 bonus.

Pros

Includes debit card for ATM withdrawals and purchases
No monthly limit on number of ATM transactions
No minimum deposit requirement or monthly fees
Virtual savings goal calculator

Cons

Only $5 in ATM fee reimbursements per statement cycle
$1,000 daily ATM withdrawal limit
$500 daily point-of-sale transaction limit
Limit of six transfers to external accounts per month

HIGHLIGHTS

APY
3.30%

Minimum opening deposit
None

Other fees
Surcharges from out-of-network ATMs (refunded up to $5 per month)

Why we chose it: Synchrony Bank is one of the few banks that includes an ATM card with its online savings account.
You can use your Synchrony ATM withdrawals for free at in-network ATMs (Plus or Accel) or for a fee at out-of-network ATMs. You may also be able to use your ATM card fee-free at businesses that accept PIN-based ATM cards.
Note that Synchrony only reimburses up to $5 in ATM fees per statement cycle. Additionally, there is a limit of $1,000 in ATM withdrawals per day.
Read our full review of Synchrony online savings accounts here.

Savings Accounts Guide
A savings account with a good rate of return is an excellent way to make your money grow — whether you’re building an emergency fund, saving for that dream vacation or making sure you have a good financial cushion for the future.
However, there are more savings products than just a traditional savings account, and these can be useful for different goals. Read on to learn more about savings accounts and how they compare to the other types of account options.

What is a savings account?
Why have a savings account?
How to choose a savings account
How to open a savings account
How does APY work?
Other types of savings products
Savings account vs. money market account vs. certificate of deposit (CD)
Savings account glossary

What is a savings account?
A savings account is a deposit account that earns interest on your deposited funds. Unlike interest-bearing checking accounts, the interest rates on savings accounts are typically much higher.
Savings accounts are often used for short-term and medium-term savings goals. This is because they have higher interest rates than checking accounts, but lower rates than other financial products, such as certificates of deposit (CDs).
Traditional savings account vs. high-yield savings account
Traditional and high-yield savings accounts are very similar in their general purpose and features, but they do have some notable differences: a high-yield savings account offers higher annual percentage yields (APYs) than other types of savings accounts.
While APYs fluctuate depending on the federal funds rate set by the Federal Reserve, HYSA interest rates are consistently the highest on the market.

Traditional savings account

High-yield savings account

APY is often closer to the national average rate as reported by the FDIC

APY is often considerably higher than the national average savings account rate (sometimes 8 to 20 times higher)

May be offered by a brick-and-mortar bank, but also online banks 

Almost always an online-only product

May allow you to withdraw funds from an ATM

Rarely allows for ATM withdrawals, instead relies on electronic transfers

May be limited to six withdrawals per month

May be limited to six withdrawals per month

Why have a savings account?
Savings accounts are a great way of setting money aside that will grow thanks to interest. You could use savings for an emergency fund or for larger savings goals, such as a down payment on a car or home loan.

Pros

Can be opened in just a few minutes online

Higher interest rate than a checking account

Limited access to funds helps to build savings

Cons

May offer lower annual percentage yields than certificates of deposit and high-yield savings
For accounts that offer ATM access, you may be tempted to withdraw often, which will limit your savings growth
Interest earnings are considered taxable income

How to choose a savings account
The most important factor when choosing a savings account should be a high APY. This ensures that your savings get a small monthly boost.
However, the best savings accounts also include features such as:

No monthly fees

No minimum balance requirements

No overdraft fees

Easy account management, including online transfers in and out of your account

Mobile banking app with mobile check deposit

No limit on how many withdrawals you can make per cycle

Access to funds via ATM withdrawal with no ATM fees (or unlimited reimbursements)

24/7 customer service

How to open a savings account
Once you’ve decided on the savings account that’s best for your savings goals, follow the steps below to open and manage your savings account.

Complete the online application or apply in person at a physical branch location

Read and accept the terms and conditions of your savings account

Follow the instructions to set up online banking

Fund your account via transfer from an external bank account, mobile check deposit, or, if your bank has physical locations, deposit cash in person

Download the bank’s mobile app for easy account management

What do you need to open a savings account?
To open a savings account — or any type of bank account — you’ll generally need most or all of the following:

A valid government-issued ID, e.g., driver’s license or passport

Your Social Security number or individual taxpayer identification number

Other personal information, such as date of birth, address and phone number

An initial deposit to fund your new account

How does APY work?
Annual percentage yield (APY) works by compounding interest. The APY shows the total amount of interest you will earn, including both the principal (the funds you deposit) and the interest earned on those funds.
For example: You deposit $1,000 into a savings account with a 5.02% interest rate and 5.15% APY. The interest rate is the amount you earn on the principal ($1,000). However, the APY reflects compound interest, which includes the principal amount plus the interest earned.
We’ll use daily compounding interest in this scenario, because that’s what most savings accounts offer (rather than monthly compounding interest). With an APY of 5.15%, in 12 months — assuming you don’t withdraw or add any funds — you earn a total of $51.48 in interest. At this point, your savings account balance will be $1,051.48.
It’s important to note that APYs are variable and can rise or fall depending on market conditions. Keep an eye out for changes to ensure you’re getting the best possible return on your funds.

Other types of savings products
Most financial institutions offer multiple savings products with various features and benefits. Below are descriptions of several common products. For more details, read our explainer on types of savings accounts.

Money market accounts
Money market accounts (MMAs) offer interest rates on par with the best high-yield savings accounts and often allow debit card and check use. (Most HYSAs do not offer debit cards or check-writing privileges.) However, many MMAs have a minimum balance requirement that triggers a monthly fee if the balance falls below it.
Like other savings accounts, withdrawals may be limited to six per month, not counting ATM transactions. Much like high-yield savings accounts, the interest rate on MMAs is variable and may change without notice.
To learn more about MMAs, read our list of the best money market accounts.

Certificates of deposit (CDs)
Certificates of deposit (CDs) are a type of deposit account through which you save money for a set period of time (term length) at a high, fixed (not variable) interest rate. During the term, which can be as short as three months or as long as several years (usually no more than 10), you should not withdraw your funds.
If you withdraw your funds before the term ends, you’ll be charged a penalty fee. These penalties depend on the CD’s term and typically entail the forfeiture of 60, 90 or 120 days of interest. However, it should be noted that some banks and credit unions offer no-penalty CDs.
To learn more about CDs, check out our list of the best CD rates.

Traditional savings account
A traditional savings account earns interest on the funds in your account. APYs can vary widely across financial institutions. Some offer very low APYs (e.g., 0.50%) while others may offer closer to 5.00% APY.
Withdrawals from your savings account may be limited to six per month. However, the best banks offer an ATM card for cash withdrawals, and these transactions are often unlimited.

Specialty savings accounts
There are several other savings accounts that can be set up for specific savings goals. For example, some can be used as a savings fund for a dependent, while others can be set up specifically to save for healthcare expenses.
Specialty savings accounts include:

Children’s savings
Health savings account (HSA)
College funds (529 plans)
Individual retirement accounts (traditional and Roth IRAs)
Custodial accounts
Thrift Savings Plan (select federal government employees, members of the armed forces)

Many of these accounts have tax benefits that allow you to save even more money in the long run. For example, a Roth IRA allows you to withdraw your savings tax-free, provided you meet the requirements, while an HSA lets you contribute money on a pre-tax basis for healthcare expenses.
Note that in the case of the HSA, you can only have this type of account if you have what is known as a high-deductible health plan.

Savings account vs. money market account vs. certificate of deposit (CD)
Although all three of these accounts are designed with savings in mind, there are some very notable differences between a savings account, a money market account and a certificate of deposit:

Traditional savings accounts

Money market accounts

Certificates of deposit

Low initial deposits ($0-$50)

Slightly larger initial deposits ($25-$100)

Largest initial deposits (can be as high as $1,500)

May not require a minimum balance

Minimum deposit may be required (e.g., $100, 500 or $1,000)

No minimum balance or deposit required

Variable interest rates that can go up or down over time

Variable interest rates may be tiered according to account balance

Fixed interest rates over set period of time (with some exceptions)

Low to high interest rates depending on financial institution

Typically high interest rates

High interest rates that increase with term length

Savings Account Glossary
Below you’ll find some of the most commonly used terms related to savings accounts.

Term

Definition

Annual percentage yield (APY)

APY is how much you’ll earn from account funds after one year. This rate includes the effects of compound interest, i.e. earning “interest on your interest.”

Interest

Interest is what the bank pays you. Some banks calculate interest on your daily balance, while others calculate it based on your balance at the end of a month. Most bank accounts pay out interest at the start of a new month or statement cycle.

Interest rate

This is the amount that the bank pays on your principal balance, typically expressed as a percentage. 

Compound interest

Compound interest is the interest you earn on the principal amount plus the amount you’ve earned from interest. For example, if you deposit $1,000 and make $10 in interest in a month, the next time interest is applied, it will be to the total amount of $1,010, which includes the interest accumulated over the previous month.

Maintenance fee or monthly fee

Some banks charge their customers an account maintenance or service fee. The ones that do may offer different ways to have them waived, such as a minimum amount of direct deposits each month.

Savings Accounts FAQs
What account fees should you avoid with savings accounts?
Accounts fees you should avoid with savings accounts include monthly maintenance fees and minimum balance fees. Most financial institutions do not charge these fees. If yours does, consider looking for a new account.
How does a savings account work?
A savings account works as follows: You deposit funds and those funds earn interest at a rate determined by the financial institution in question. Interest may be calculated daily, weekly or monthly, although daily is most common. Banks typically credit this interest once per month.
How much interest does a savings account earn?
The interest you earn with a savings account varies by financial institution. Some savings accounts are offering low annual percentage yields, while others are on par with the rates of high-yield savings accounts.
How to open a savings account for a child
Opening a savings account for a child is as simple as opening one for an adult — in addition to requirements listed above, the other information you’ll need to provide is your child’s. A savings account not only provides funds for your child, but can also help them learn the basics of personal finance.

How We Chose the Best Savings Accounts
Our methodology for selecting the best savings account is based on several key points, including:

Access to funds: We considered access to funds in analyzing savings accounts to provide detailed information about how (and how often) customers can make withdrawals.

Account fees: We searched for savings accounts with zero monthly fees.

Annual percentage yield (APY): We reviewed accounts for consistently strong APYs.

Customer service: Financial institutions must have a strong reputation for excellent customer service. We analyzed customer feedback across multiple third-party review sites, as well as J.D. Power’s 2023 Direct Banking Satisfaction Survey.

Financial standing: Your financial institution should have a good financial rating from a reputable credit rating agency. We analyzed reports from S&P Global Ratings, Moody’s and Fitch Group.

Fraud protection: We looked for financial institutions that offer assistance with fraud identification, including tips for spotting identity theft and financial scams. We also analyzed fraud protection policies for guarantees that customers will not be held liable for unauthorized transactions.

Minimum deposit requirement: We considered accounts with minimum deposit requirements and included them only when they offered benefits to account holders.

Member FDIC or NCUA: We require that all financial institutions on our list are insured by the Federal Deposit Insurance Corporation (FDIC) or the National Credit Union Administration (NCUA), which guarantees deposits up to $250,000 per depositor, per ownership category, per FDIC-insured institution.

Mobile app: We assessed ease of use and ratings for each financial institution’s mobile app.

Privacy: Financial companies often share your personal information to help you use their products effectively. Details about information sharing should be clearly stated in a financial institution’s privacy policy. However, customers should be given the option to opt out of sharing their personal information with third parties, as required by federal law.

Security: We analyzed banking site and mobile app security measures, such as end-to-end data encryption, multi-factor authentication and biometric login options.

Transparency: Financial institutions should be upfront about fees, interest rates and other terms and conditions.

Comparison to other banks and financial institutions

To best evaluate the quality of a savings account, we researched and compared accounts across a multitude of banks and financial institutions, including Alliant Credit Union, American Express National Bank, Apple Savings account, Axos Bank, Bank of America, Bask Bank, Blue Federal Credit Union, BluPeak Credit Union, BMO Alto, Bread Savings, Chase Savings, CIBC U.S., CIT Bank Savings Builder, Citi Bank, Citizens Bank, Emigrant Bank, Everbank (formerly TIAA Bank), First Citizens Bank, First Foundation Bank, First Internet Bank, FNBO, Ivy Bank, Jovia Financial Credit Union, Laurel Road, LendingClub, My Banking Direct, My Savings Direct, Nationwide, Newtek Bank, North American Savings Bank, PayPal Savings, Pentagon Federal Credit Union (PenFed), Popular Direct, Primis, RBMAX by Republic Bank, Quontic Bank, Regions Bank, Sallie Mae Bank, Salem Five, TAB Bank, TotalDirect Bank, UFB Direct, U.S. Bank, USAA Bank, Valley Direct Savings, Varo Bank, Vio Bank, Wealthfront, Wells Fargo and Western State Bank.

Our Top Picks for the 9 Best Savings Accounts of 2026
The companies listed below are organized alphabetically.

Ally – Best Digital Savings Tools (3.10% APY)
Barclays – Best Savings Account to Pair with a Certificate of Deposit (CD) (3.40% APY)
Bread – Best No-Frills Savings Account (4.00% APY)
Capital One – Best Savings Account for Kids and Teens (2.50% APY)
CIT Bank – Best Savings Account for $5,000 and Up (3.75% APY)
Marcus by Goldman Sachs – Best Savings Account to Pair with an Investment Portfolio (3.50% APY)
Raisin – Best Savings Account Marketplace (4.10% APY)
SoFi – Best Savings and Checking Account Combination (Up to 3.80% APY)
Synchrony Bank – Best Savings Account with an ATM Card (3.30% APY)

Presented by SAPGenerating code with AI is fast, but getting that code to run reliably inside a large enterprise, integrated with live systems, governed for compliance, and maintainable over years requires foundational work that most organizations underestimate. While 81% of all organizations have a detailed strategy, only 12–16% reach AI‑driven execution, says SAP’s Michael Ameling, CPO of SAP Business Technology Platform, and the reasons rarely come down to the quality of the generated code.”Across industries, enterprises that have invested heavily in AI tooling are hitting a wall when generated code meets the reality of their existing environments, because generating code and operationalizing it are not the same problem,” Ameling says. There are specific requirements for deploying AI-generated logic at enterprise scale: what data and integration readiness actually look like, how governance works when AI agents move from producing recommendations to executing workflows, and how development teams are changing their role as AI takes over more of the coding work.Why AI code generation fails in enterprise production environmentsThe productivity gains from AI code generation are real and well-documented, but the ease of prototyping has given many organizations a misleading sense of how far along they actually are. “Generating code is one thing,” Ameling says. “Enterprise customers, including multinationals and large organizations, need to ensure there are no compromises in compliance or security. Code that runs reliably for ten or twenty years, as it does at many of SAP’s largest customers, also has to be maintained, patched, and understood by whoever inherits it. Life cycle management, in other words, does not generate itself.”The issue is rarely the generation quality. Teams build something compelling, then discover they lack access to the data it depends on, or the integrations it assumes, or the permissions required to run it in a real environment. The problem is essentially that AI amplifies an organization’s existing data and process maturity, but it can’t substitute for it.This dynamic intensifies as AI moves from producing code to executing actions. Latency, cost, and system load all increase when logic runs continuously against live data rather than rendering a one-time output. The performance requirements of an autonomous agent operating across a multinational’s transaction systems are categorically different from those of a developer copilot.How to connect AI-generated logic to fragmented enterprise systemsThe architecture challenge that most enterprise AI projects underestimate is integration. Real enterprise environments are not clean slates: they combine cloud systems, legacy on-premise infrastructure, fragmented data stores, and dozens of business applications that were never designed to talk to each other. Getting AI-generated logic to operate reliably across all of them requires a layer that unifies data access, process context, and governance, and it has to be in place before any agent starts executing. And organizations that see AI as a reason to defer infrastructure modernization are making a mistake. “The question is not whether to modernize or not. Of course you need to modernize,” Ameling says. “But the value you get on top of this is much higher with AI. Federated data access and harmonized process layers are not alternatives to upgrading a fragmented landscape, they’re what make the upgrade worthwhile.”At the platform level, this translates into a set of practical requirements: structured data integration, end-to-end process visibility, and the ability to discover and connect to APIs across both modern and legacy systems. SAP’s approach with the Business AI Platform draws on tools including its Joule Studio, Integration Suite, Business Data Cloud, and SAP AI Agent Hub enterprise architecture layer to provide that context. The goal is to give AI-generated logic accurate, current knowledge of what a business is doing and how, rather than just access to raw data.AI agents handle large challenges by dividing them into smaller, autonomous tasks, with each agent responsible for a specific domain, and all coordinated toward a shared outcome. A financial close, for example, involves dozens of discrete sub-processes. Agents handling each task in parallel, within defined constraints, can compress cycle times dramatically, but only if the underlying systems they interact with are coherent and accessible.The governance and oversight that AI agents require in productionWhen AI moves from assistant to operational actor, the governance questions loom large, because agents that trigger workflows, update records, and interact with live business systems need the same accountability framework that applies to human employees, i.e., identities, defined privileges, and auditable behavior.There are two distinct models:Principal propagation, where an agent acts on a user’s behalf, inheriting that user’s permissions and scope.System-triggered agents, where the agent operates under its own identity and role-defined privileges, functioning more like an automated HR role than a personal assistant.Both models require the same underlying infrastructure: an agent hub where operators can see which agents exist, what APIs they can access, and what they are authorized to do. Observability also needs to be operationalized correctly for AI, combined with both technical and business evals. “In production, openness is very important,” Ameling says. “We use OpenTelemetry as a framework, so we can integrate with other solutions, for end-to-end observability of the tool, third-party agents and the like.”On top of that, standard technical evals, which test whether an agent produces consistent outputs, are necessary but not enough. Business evals assess whether an agent is actually moving the performance indicators it was deployed to improve, but it has to work end-to-end.Where the testing happens is equally important. The traditional software development cycle across dev, test, and production environments breaks down when a model produces different outputs depending on whether it is running against test data or live data. Getting to trustworthy AI in production means accepting that validation looks fundamentally different from what engineering teams have practiced for decades, with live environment testing, even A/B/C testing to ensure outcomes are reliable.How AI-driven code generation is changing software engineering rolesThe role of the developer is not disappearing in this environment, but its center of gravity is shifting. The productivity multiplier is significant when developers can run multiple coding agents in parallel across open terminals, each working on a separate problem and each taking several minutes to complete. But it introduces a new kind of cognitive demand, because humans have to stay in the loop. That means tracking context across concurrent workstreams, evaluating outputs that range across large codebases, and making architectural judgments that no agent can be trusted to make alone.”The more specific and complete the prompt, the less intervention is required, and developers are learning that bringing more context upfront pays dividends in reduced back-and-forth,” Ameling says. “But the output still needs to be understood, not just accepted.”The competitive edge will remain intellectual property, not tooling. The companies that pull ahead will be those that most effectively encode their domain knowledge into the systems they build.”A manufacturer’s process expertise, a financial institution’s risk logic, a logistics firm’s routing intelligence, these are the assets that AI can accelerate, but only if the organizations that hold them do the work to make them accessible and usable,” Ameling says. “Protect that, and apply AI to accelerate your differentiation.”Sponsored articles are content produced by a company that is either paying for the post or has a business relationship with VentureBeat, and they’re always clearly marked. For more information, contact sales@venturebeat.com.

I covered Chevron CEO Mike Wirth’s stark warning about oil price pressure building through June and July, and the IEA data showing global inventories drawing down at a record pace. This week, on July 7, ExxonMobil gave investors the first concrete look at what those dynamics are actually worth in dollar terms. The numbers are significant.According to a Bloomberg report, Exxon (XOM) disclosed on June 7 that it expects a profit increase of approximately $3.7 billion from the crude oil price surge in Q2, plus an additional approximately $3.3 billion in combined refining and chemical margin gains.Partially offsetting those gains are approximately $1.2 billion in losses from production disruptions in the Middle East caused by the U.S.-Iran war and the closure of the Strait of Hormuz. The company also expects to record approximately $2.6 billion in derivative profits linked to physical cargo deliveries during the quarter, Bloomberg reports.As of this report, XOM was trading up near $143. The company’s full quarterly results are scheduled for July 31.Also Read: Exxon Mobil Corporation Latest News and StoriesBreaking down what Exxon’s early disclosure actually signalsThe preliminary figures Exxon shared are what the company calls “sensitivity” disclosures, not final results. They frame the directional magnitude of Q2 earnings relative to Q1, and that direction is clearly and materially upward.My read of the moving pieces is this. The approximately $3.7 billion crude price benefit reflects higher average oil prices in Q2 than in Q1, driven by disruptions to Middle East production via the Strait of Hormuz. The approximately $3.3 billion in refining and chemical gains reflects improved crack spreads globally as refinery throughputs were constrained by the shortage of Middle Eastern crude, pushing product prices higher.More Exxon Mobil Corporation:Exxon (XOM) flashes key signals on New Jersey exitExxon CEO delivers blunt message on oil prices and the economyIran peace deal resets gas pricesThe approximately $1.2 billion loss from disruptions in Middle East production is the offset. Exxon has assets in the region that produced less during the quarter, as a result of the conflict. But the net math is strongly positive: a nearly $7 billion gross positive swing, partially offset by $1.2 billion in direct production losses plus the $2.6 billion derivative gain.That derivative position is worth pausing on. In Q1 2026, Exxon reported $3.9 billion in unfavorable estimated timing effects from derivatives marked to market, with the associated physical deliveries not yet completed. CEO Darren Woods addressed this directly in the Q1 earnings call, noting those timing effects “unwind in subsequent periods.” The $2.6 billion derivative profit in Q2 guidance is partly that unwinding.The Q1 2026 foundation and what Woods said about Exxon’s structural strengthExxon’s Q1 2026 results, reported May 1, provided the baseline against which the Q2 improvement should be measured, according to Exxon’s earnings release. Excluding identified items and timing effects, underlying earnings were $8.8 billion, up from $7.6 billion in the same quarter last year. Generated a one-year total shareholder return of 48% and $9.2 billion in shareholder distributions, delivered record production in Guyana, and achieved first LNG at Golden Pass Train 1.Woods was direct about what the Middle East disruption revealed about the company’s structural positioning.This quarter demonstrated that ExxonMobil is a fundamentally stronger company than it was just a few years ago, built to perform through disruption and across market cycles.Woods continued in the Q1 earnings release. “The underlying business delivered strong results, reflecting the benefits of the strategy we have consistently executed since 2018.”The Q2 setup Exxon has framed supports that thesis. Higher oil prices, improved refining margins, and derivative profits are converging simultaneously.All of that comes in a quarter; the company’s production base outside the Middle East is also expected to increase approximately 150,000 oil-equivalent barrels per day compared to Q1, according to Exxon’s forward guidance presentation.

The energy sector has recorded the largest percentage increase in estimated earnings of all 11 S&P 500 sectors since March 31, rising 49.8% to $52.1 billion. Benjamin Fanjoy/Bloomberg via Getty Images

What the analyst community sees in XOM heading into July 31The energy sector earnings revision story has been one of the most dramatic in the market this quarter, honestly. According to FactSet data as of July 2, the energy sector has recorded the largest percentage increase in estimated earnings of all 11 S&P 500 sectors since March 31, rising 49.8% to $52.1 billion. The sector’s estimated year-over-year earnings growth rate has moved from 48.3% at quarter start to 122.1% today.Related: Bank of America sees Exxon differently than oil marketExxon’s EPS estimate has risen to $3.63 from $2.42 since March 31, according to FactSet, making it one of the largest dollar contributors to the sector’s earnings upgrade alongside Chevron, Marathon Petroleum, and ConocoPhillips.Despite that earnings upgrade, the energy sector has seen the largest price decline of all eleven sectors since March 31, falling 14.5%, according to the same note. XOM itself is up 19.64% year-to-date, according to Yahoo Finance, but is pricing in considerable uncertainty about whether the Strait of Hormuz will reopen by the timeline peace negotiators are projecting.Analyst targets across the Street reflect a wide range of views. Wells Fargo holds the street-high target at $185Barclays and Bernstein are both at $182. JPMorgan sits at $173. Morgan Stanley at $168. TD Cowen lowered its target to $155 on July 2. Bank of America carries a $154 target.
Source: TipRanks
The spread from $154 to $185 is a genuine disagreement about how quickly Hormuz reopens, how long elevated oil and refining margins persist, and whether Exxon can translate a war-driven windfall into durable earnings power. July 31 will start answering those questions.Related: Oil’s 4-month low hands Exxon, Chevron a fresh problem

Muchova improved to 29-0 this year when winning the first set, while Gauff had 10 wins after dropping the first set.

With the U.S.-Israeli strike on Iran and subsequent closure of the Strait of Hormuz sending the price of jet fuel up to highs unseen in years, multiple small and mid-size airlines have had to file for bankruptcy in the first half of 2026.While the collapse of Spirit Airlines is the most high-profile, Mexican holiday carrier Magnicharters, British cargo carrier European Cargo and Swiss regional airline Air Mountain are all among the most recent names to also shut down operations over the last few weeks.But while most airlines have only had to deal with the anxilliary effects of war, multiple airlines in Ukraine have been directly affected by the Russian invasion of the country in 2022. Bees Airline files for bankruptcy protection in UkraineBees Airline, a local airline launched out of Kyiv in 2021, received its air operator’s certificate (AOC) in March 2021 and ran its first flight in May of the same year with the goal of expanding low-cost flights from Ukraine to various capitals in Eastern and Central Europe.Amid the Russian invasion, leasing companies that provided Bees Airline with four Boeing 737-800 NG planes requested they be moved out of the country. The closure of Ukrainian airspace also put a protracted end to any plans to grow the airline. An airline with a similar name, Bees Airlines, is a separate unconnected low-cost carrier based out of Romania.Related: Ukrainian airline starts flying for first time since invasionAs first reported by local press, Bees Airline filed for the equivalent of Chapter 11 bankruptcy protection in the U.S. in Kyiv Commercial Court on June 25. The bankruptcy petition was initially rejected but later granted.While the Ukrainian government initially hoped to keep the airline out of bankruptcy until it could restart following the reopening of Ukrainian airspace, growing outstanding debts made keeping it in the current state untenable.

Ukrainian airspace has been closed since the start of the Russian invasion and full-scale war in February 2022.Shutterstock

What is happening with aviation and airspace in Ukraine during times of warThe airline’s AOC was also revoked by Ukraine’s State Aviation Service earlier this year.A number of Ukrainian airlines that relocated out of the country amid the war, including SkyUp and Supernova Airlines, have been operating as virtual airlines out of other countries in Eastern Europe over the last four years since the start of war.More Travel News:Airline to launch unusual new flight to Cayman Islands from the U.S.There is a very cool Irish version of swimming pigs in the BahamasUnexpected country is most luxurious travel destination for 2026Low-cost airline launches easier way to get to Sri LankaAirlines that filed for bankruptcy in 2026:Spirit Airlines: The largest airline shutdown of the year occurred when Spirit Airlines canceled all remaining flights on May 2. Although the airline had filed for Chapter 11 protection twice before, the skyrocketing price of jet fuel dealt the final blow to its operations.Magnicharters: The Mexican low-cost airline canceled all of its flights before later filing for bankruptcy in a shutdown that left thousands stranded.Starflite Aviation: Houston-based Starflite Aviation had its AOC license revoked in March 2026, amid FAA claims that owners falsified pilot training records to bypass safety audits.AlpAvia: Slovenian charter airline AlpAvia also shut down in March 2026 over financial problems.H-Bird: Charter airline H-Bird was declared bankrupt by a Swedish judge after losing its operating license at the end of 2025.Related: Another airline shut down in bankruptcy, to liquidate