Remember when your savings account earned almost zero interest? Those days are finally fading. In 2025, high-yield savings accounts (HYSAs) are making headlines across the United States and Europe, offering interest rates that savers could only dream about a couple of years ago. Many top HYSAs in the U.S. now pay around 4–5% APY (annual percentage yield), and even in Europe some banks are offering 3–4%+ on savings deposits – a huge leap from the near-0% rates of the past decade. This surge in savings yields is driven by a unique mix of economic trends – from rising central bank rates to the after-effects of inflation – and it’s changing how people manage their money on both sides of the Atlantic.