High interest accounts offer companies great value to hedge against inflation and generate additional income.

Therefore, we take a comprehensive overview of the following providers:

Top 5 high interest business savings accounts

The best high-yield business savings account offers low fees as well as a wide range of benefits, such as interest on foreign currencies and easy access to funds.

amnis

amnis is a Swiss FinTech company offering a high-interest business savings account designed for companies with international business payments. Unlike traditional business accounts, amnis pays interest on its foreign currency accounts, helping businesses hedge against inflation while generating additional income on idle funds.

For international payments, SMEs and larger organisations gain access to local payment schemes such as SEPA in the EU and ACH in the US, regardless of where the business is based. This reduces reliance on costly SWIFT transfers and streamlines cross-border payments. In addition, companies benefit from virtual and physical multi-currency debit cards with 0% FX fees, enabling efficient spending across markets.

Western Alliance Bank

Western Alliance Bank is known for its strong focus on commercial banking and its commitment to delivering personalised service. The bank operates under various regional and national brands, catering to different markets and sectors.

With an annual percentage yield (APY) of 4.30%, Western Alliance Bank offers the most competitive interest. Further, your savings account will be FDIC insured up to the maximum limits allowed by law.

As the bank account doesn’t offer debit cards or checks, the savings account is especially useful to companies with idle amounts in USD, which are not being used in the medium to long-term.

Live Oak Bank

Live Oak Bank is a subsidiary of Live Oak Bancshares, Inc., a publicly traded financial holding company. The bank specialises in offering loans to small businesses, including SBA (Small Business Administration) loans, USDA loans and conventional loans.

The high-interest business savings account offers an APY of 3.35%. While the account is free, there are additional service costs:

The high-yield business savings account is especially useful for small businesses, which want to make further use of Live Oak Bank’s credit offers.

Prime Alliance Bank

Prime Alliance Bank, based in Woods Cross, Utah, was established with the vision of providing personalised attention and service to local businesses and individual customers. Since 2004, the bank has specialised in national leasing and local commercial lending.

The high-yield business savings account offers a variable APY, which depends on the deposited amount:

Further, the savings account includes online and mobile banking as well as unlimited deposits and up to six withdrawals/transfers per month.

Bask Bank

Bask Bank is a digital bank that offers unique savings account options, primarily known for allowing customers to earn airline miles. For those who prefer traditional savings, Bask Bank also offers high-yield savings accounts with competitive interest rates at 4.20% APY.

Bask Bank provides robust digital banking services, including online account management, mobile banking apps, and easy fund transfers. Like many of other entries, the high-interest business savings account of Bask Bank is also insured by the FDIC.

There is no minimum account balance required to open the Interest Savings Account. However, if the account remains unfunded for 15 business days, it may be closed.

amnis as the ideal complement to your high-yield business savings account

amnis offers a high-interest business savings account designed to complement your existing bank setup. Unlike traditional foreign currency accounts, amnis allows you to earn interest on foreign currency balances without unnecessary complexity or administrative overhead.

Beyond savings, amnis gives your business access to local payment schemes such as SEPA and ACH, as well as virtual and physical multi-currency business debit cards for your team — making international payments and spending simpler, faster, and more cost-efficient.

At the same time, your funds and data are protected by institutional-grade security and strict regulatory oversight. Regulatory compliance at amnis is a core foundation of the platform: amnis operates as a fully authorised and regulated payment institution, with client funds held in segregated safeguarding accounts at top-tier European banks. All data is protected using industry-standard encryption, multi-factor authentication, and continuous monitoring — ensuring security, transparency, and reliability across all financial operations.

Elena Tankovski · Senior Content Writer

As Senior Content Writer at amnis, Elena transforms complex financial and banking topics into clear, insightful content for SMEs. She focuses on areas such as the FX market, international payments, cross-border business operations, and regulatory updates - ensuring companies have access to reliable and easy-to-understand guidance.

With a strong background in research and communication, Elena plays a key role in helping businesses stay informed, make smarter decisions, and navigate the evolving world of international finance.