Bread Savings (formerly Comenity)

Bread Savings consistently offers an APY of 4.87% with no monthly fees and no minimum balance requirement, making it cheaper than the typical rival that demands $100 to open. This rate is 0.15 percentage points lower than CIT Bank's top tier but accessible to all savers immediately. The account outperforms #9 CIT for smaller balances by 4.62 percentage points since CIT's base rate is just 0.25%. Bread Savings provides straightforward terms with FDIC insurance and unlimited withdrawals, though it lacks a mobile app. For hassle-free high yields without balance thresholds, it's a top contender.