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You can open high-yield business savings accounts at banks or credit unions.
Several financial institutions offer business bank accounts paying 4% APY or more.
You may need to maintain balance requirements or fulfill certain activities to earn the highest APY on some accounts.

Many banks and credit unions offer business bank accounts pay earn interest. Whether you're interested in opening a business savings or business money market account, we've compiled a list of some of the most competitive business banking rates right now. 

8 high-yield business savings accounts

The following list includes eight business bank accounts offering at least 4% APY. Some are savings accounts; others are money market accounts, which are like savings accounts but may include additional features like ATM cards or paper checks.

We've covered accounts at brick-and-mortar banks, online banks, and credit unions. Credit unions have membership eligibility requirements. That said, we've selected credit unions anyone can join, regardless of where you live in the United States. 

If you're interested in a business checking account that pays interest, BlueVine is our top high-yield pick in our best free business checking accounts guide.

What to look for in business savings accounts

When you're comparing business savings accounts, you'll want to consider more than just their interest rates. Here are a few other features to consider when opening up a business bank account:

Monthly bank maintenance fees: Financial institutions may charge a fee if you don't maintain a certain account balance or fulfill certain monthly transaction requirements. If you want to avoid fees altogether, online banks may have more appealing options than brick-and-mortar banks because they often have accounts that do not charge any monthly fees.Opening deposit requirements: A minimum opening deposit is how much money you'll need to open an account. Some business bank accounts do not have a minimum opening deposit requirement, though.Online/mobile banking: If you're an avid mobile app user, review the mobile app ratings and reviews of a particular financial institution before opening an account. Also, if you are banking with an online-only financial institution, check the customer support hours and availability methods. Additional features offered: One feature that distinguishes money market accounts from savings accounts is that the former may offer debit card or check-writing privileges. FDIC/NCUA insurance: Business bank accounts are federally insured up to $250,000 per depositor, per account category. If you plan to deposit more than $250,000 in an individual account, there are ways to keep your money federally insured. You can choose to spread your money across multiple financial institutions or find an institution that's part of the IntraFi Network (a program that spreads your money across other FDIC-insured financial institutions in the network).Overall banking experience: Think about whether you plan to open other types of business bank accounts or products, like a business line of credit or a business credit card. Business savings account APY FAQs

Products in this post: First Internet Bank of Indiana Business Money Market Account, Pacific Western Bank Business Savings Account, Premier Members Credit Union Business Money Market Account, U.S. Bank Platinum Business Money Market Account, Prime Alliance Bank Business Savings Account, Consumers Credit Union Business Money Market, Nationwide Business Premium Savings, Live Oak Bank Business Savings