Savers, take note!
This month’s interest rate shake-up has brought new leaders in the world of high-yield savings accounts. Whether you’re in the UK or the USA, July 2025 is offering some of the highest returns we’ve seen all year — up to 5.20% AER / 4.60% APY.
Let’s break down the latest rate changes, who’s offering the best deals, and how you can start earning more interest today.
🔼 What’s Changed in July 2025?
UK Updates:
- Zopa remains #1 with a 5.20% AER, but now offers custom goal tracking in-app.
- Chase UK upgraded its cashback tracker, still offering 5.10% AER with daily payouts.
- Tandem introduces a green rewards program — still 5.00% AER with instant access.
USA Updates:
- SoFi holds strong at 4.60% APY, now bundling free budgeting tools.
- Synchrony adds ATM fee rebates for high-balance savers (rate stays at 4.50% APY).
- Marcus by Goldman Sachs is offering bonus interest for referrals (4.40% APY base rate).
🔝 July 2025’s Best High-Interest Accounts
🇬🇧 United Kingdom – Top Picks
| Bank | Rate | Access | Key Feature |
|---|---|---|---|
| Zopa | 5.20% AER | 7–95 days | Highest rate, smart savings pots |
| Chase UK | 5.10% AER | Instant | Cashback + real-time interest |
| Tandem | 5.00% AER | Instant | Eco-focused, fast signup |
🇺🇸 United States – Top Picks
| Bank | Rate | Access | Key Feature |
|---|---|---|---|
| SoFi | 4.60% APY | Instant | All-in-one finance ecosystem |
| Synchrony | 4.50% APY | Instant + ATM | Free ATM usage & rebates |
| Marcus | 4.40% APY | Instant | Simple UI + referral bonus |
📱 This Month’s Best Apps (Mobile Experience)
| Bank | App Rating (Store Avg) | Notes |
|---|---|---|
| SoFi | ⭐ 4.9 / 5 | Full finance suite: saving, spending, investing |
| Chase UK | ⭐ 4.8 / 5 | Cashback tracker, daily payout visual |
| Zopa | ⭐ 4.6 / 5 | Goal-based pots, clean UI |
| Marcus | ⭐ 4.5 / 5 | No-frills, easy to use |
🛡️ Are These Accounts Still Safe?
Yes. All of these banks are:
- UK: FSCS-protected up to £85,000
- USA: FDIC-insured up to $250,000 (or $2 million for SoFi via sweep network)
They are fully regulated, secure, and available for online setup.
⚡ Quick How-To: Open a High-Interest Account (July 2025 Process)
- Visit the official website of the bank
- Tap “Open Account” or “Start Saving”
- Submit your ID, address, and bank link
- Transfer funds
- Start earning daily interest!
⏱ Time: 5–10 minutes
📄 Paperwork: None
💸 Fees: Zero
📈 Savings Growth Example – July Rates
| Savings Amount | Old Bank (0.10%) | High-Interest Account (5%) |
|---|---|---|
| £5,000 / $5,000 | £5 / $5 | £250 / $250 |
| £10,000 / $10,000 | £10 / $10 | £500 / $500 |
🧠 Final Word: July Is the Best Month So Far
If you’ve been waiting for the right time to switch, this is it.
“I opened my SoFi account in July — earned $20 in the first 2 weeks. Easy win.” – Real user
“Zopa made saving fun again. Daily tracker, no stress.” – UK saver review
Don’t wait for rates to drop. Start earning smart interest now — while it’s still at a yearly high.
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- best high interest account July 2025
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