Public Kempax report

Daily Best High Yield Savings & Cash Management Accounts · 2026-10-21

Kempax Research

Loop report · 2026-10-21

Daily Best High-Yield Savings & Cash Management Accounts — 2026-10-22

The 2026-10-22 review uses provider disclosures retrieved on 2026-10-22 UTC; issuer effective dates are stated separately and undated provider displays are labeled. NerdWallet’s savings comparison and cash-management comparison were retrieved 2026-10-22 both updated 2026-10-21 and serve as secondary cross-checks. Rates are variable unless stated otherwise; promotional and qualifying rates are not unconditional.

The savings shortlist: CIT Platinum Savings is best for balances of $5,000+ when a six-month promotion is acceptable: NerdWallet lists up to 4.25% APY, while the official standard schedule remains 3.75% at $5,000+ and 0.25% below, dated 2026-07-01; confirm active enrollment and terms. Bask Interest Savings is best for a simple bank-savings rate at 3.90% variable APY, current as of 2026-10-22, with no balance minimum or monthly fee. SoFi Checking and Savings is best for eligible users who want integrated checking and savings: NerdWallet lists up to 4.40% with qualification; the qualifying 3.30% base and temporary six-month boost are conditional, and the current unqualified fallback was not established.

The cash-management shortlist distinguishes sweep products from bank deposits. Robinhood High-Yield Cash is best for eligible Gold brokerage users seeking the highest displayed base rate: 3.60% APY on the provider page retrieved 2026-10-22, with no effective date shown and a $5 monthly fee. Wealthfront Cash is best for no-fee cash features and broad access at a 3.55% base APY as of 2026-10-01, with conditional boosts and program-bank sweep terms. Betterment Cash Reserve is best for a qualifying new client prioritizing the 0.75-point boost and unlimited withdrawal count; its 3.50% base APY is dated 2026-09-21 and the offer runs through 2027-02-15. NerdWallet lists 4.55% for Wealthfront against the provider’s 4.45% maximum, a discrepancy; do not rank promotional ceilings as unconditional yields.

The shortlist reflects official provider pages read 2026-10-22 and NerdWallet comparisons updated 2026-10-21. Existing rows remain for continuity; stale, capped, conditional, undated, or structurally different signals stay labeled as retained context. Robinhood’s $5 monthly subscription costs $60 year; its 0.05-point APY advantage over Wealthfront’s 3.55% base offsets that fee only above roughly $12,000, before tax and compounding differences.

Best-for labels are use-case designations for portfolio or treasury lead review. This shortlist is a review candidate for the responsible portfolio or treasury lead; no account opening, funding, funds movement, or other external action is authorized before that review.

Official provider disclosures control. NerdWallet’s savings comparison updated 2026-10-21 lists CIT at up to 4.25% for six months on $5,000+, and SoFi up to 4.40% subject to qualifying conditions; these corroborate promotional ceilings, not standard rates. Its cash-management comparison updated 2026-10-21 names Wealthfront and Betterment, but its Wealthfront 4.55% maximum conflicts with the provider’s 4.45% maximum. APY is not converted to fund yield, a fund seven-day yield is not treated as APY, and an unestablished term remains unknown.

Material qualifications remain: CIT’s standard APY schedule is dated 2026-07-01 and BOOST50 expiry enrollment details were not captured; SoFi’s 4.40% ceiling requires qualification and the unqualified fallback and transfer caps remain unclear; Bask’s opening-deposit minimum and transfer limits are unknown; Robinhood’s 3.60% display has no effective date and requires a $5 month Gold subscription plus an eligible taxable investing account; Wealthfront’s 3.55% base is dated 2026-10-01 and promotional boosts are conditional; Betterment’s 3.50% base is dated 2026-09-21 and program-bank list is from 2025; Public’s paid Reserve rate must be netted against $20 month; Fidelity’s sweep and money-market yields are different instruments; and FDIC NCUA coverage depends on ownership, capacity, and aggregation rules.