Raisin lists NexBank’s High-Yield Savings Account at 4.25% APY for new Raisin users, with a 60-day rate-lock label. That listing was checked on October 7, 2026, so it does not verify that 4.25% was the highest savings rate available on October 5. Nor does the headline APY tell you what rate applies after the lock or whether the account suits your cash-access needs. Check the current offer terms before opening an account.
What the 4.25% APY offer includes
Raisin’s live comparison page lists NexBank’s High-Yield Savings Account at 4.25% APY under a “New Raisin Users: 60-Day Rate Lock” label. The page was checked October 7, 2026. It supports that the offer appeared on the live page then—not a verified market-wide ranking for October 5. Check Raisin’s current offer listing for availability and account conditions.
The 60-day label is important: Raisin explains that savings rates are generally variable and that a featured rate-lock promotion holds its promotional APY for a stated period before reverting to a standard variable rate. The listing evidence does not establish the rate NexBank will pay after the 60 days. Confirm the post-lock rate, when the lock begins, eligibility for new users, and any deposit requirements in the offer and account disclosures before transferring money.
Other rates shown on the comparison page
On the same Raisin page checked October 7, 2026, these additional savings offers were listed. They are a snapshot of that page, not a complete or archived ranking for October 5.
#1 Best Overall
| Institution and account | Listed APY | What the source establishes |
|---|---|---|
| NexBank High-Yield Savings Account | 4.25% | Listed with a 60-day rate-lock label for new Raisin users. |
| CNB Bank High-Yield Savings Account | 4.17% | Listed on Raisin’s page checked October 7, 2026. |
| Patriot Bank N.A. Savings Account | 4.15% | Listed on Raisin’s page checked October 7, 2026. |
| Centier Bank High-Yield Savings Account | 4.12% | Listed on Raisin’s page checked October 7, 2026. |
| Merrick Bank High-Yield Savings Account | 4.11% | Listed on Raisin’s page checked October 7, 2026. |
APY is the annual percentage yield, which reflects the effect of compounding over a year. A promotional or locked rate should not be treated as a permanent return, and rates can change. Compare the terms attached to the specific offer rather than choosing on the displayed number alone.
Compare minimums, access, and fees
Opening requirements and access rules can matter as much as the APY, especially if you may need the money quickly or do not have a large starting balance.
Rank #2
- Ideal for Gifting
- Ideal for a bookworm
- Compact for travelling
| Account or platform | Minimum | Transfers and fees | Rate information |
|---|---|---|---|
| BrioDirect | $5,000 required to open; $25 required to earn its disclosed APY. | Not stated in the cited account terms. | Its page’s rate was stated as accurate October 6, 2026; confirm the current APY and terms directly. |
| Marcus by Goldman Sachs | No minimum deposit. | Advertises same-day transfers of $100,000 or less, subject to conditions and external-bank availability; Marcus says it charges no fees. | 3.50% APY as of October 6, 2026; the APY may change. |
| Raisin platform | Minimums depend on the partner account; check the offer terms. | Raisin describes standard ACH settlement as 1–2 business days and the platform as free. Partner-account terms may differ. | Rates are variable unless a specific promotion locks a rate for its stated period. |
These details come from BrioDirect’s account page, Marcus’s savings terms, and Raisin’s platform information. A transfer advertised as same-day is not a guarantee that every transfer will arrive that day; confirm eligibility, timing, and any limits with the provider.
Understand where a Raisin deposit is held
Raisin is a platform, not a bank. Deposits are held by participating banks or credit unions. Deposit insurance, where applicable, depends on the receiving institution, the account structure, applicable limits, and your other deposits at that institution. Balances held at the same institution may be aggregated for insurance-limit purposes. Review the partner bank and insurance disclosures, and account for any deposits you already hold there, rather than assuming the platform itself provides insurance.
Outdated Drivers Are Slowing You Down
One free scan finds every outdated or missing driver and matches the right update for your exact hardware.Free scan · exact hardware matchPC Slower Than It Used to Be?
A free scan shows the junk files, broken settings and background clutter dragging Windows down - then fixes them in one click.Free scan · Windows 10 & 11Rank #3
How to decide whether a high-yield account fits
- Check the rate’s duration. For a promotional lock, identify its exact start and end and the variable rate that applies afterward.
- Make sure you qualify. Confirm new-customer or other eligibility rules, minimum opening deposits, and any balance needed to earn the advertised APY.
- Match access to your needs. Compare ACH settlement times, same-day transfer conditions, and any limits against how soon you might need the cash.
- Read the fee and insurance disclosures. Check the underlying account terms and how balances at the same institution count toward deposit-insurance limits.
- Recheck before opening. Savings APYs and offer conditions change; confirm the live rate and terms on the provider’s page on the day you apply.
A high APY can be attractive, but whether it is the best choice depends on the rate after any promotion, your opening balance, access requirements, fees, and the way deposits are held.
Quick Recap
Best Value
Product prices and availability are accurate as of the date/time indicated and are subject to change. Any price and availability information displayed on Amazon at the time of purchase will apply.
