Best HYSAs for Saving Towards IVF or Fertility Treatments

Fertility treatment is a deeply personal journey—and an expensive one too. With rising costs of IVF (in vitro fertilization), egg freezing, medications, and donor services in the US, proactive financial planning is as essential as medical readiness. Unfortunately, many insurance plans offer little to no coverage for fertility procedures. This leaves individuals and couples with the burden of saving anywhere from $15,000 to $30,000 or more out of pocket.

That’s where a High-Yield Savings Account (HYSA) comes in. Unlike standard bank savings accounts that offer negligible interest, HYSAs provide competitive returns, low risk, and the flexibility you need to plan for IVF and other treatments—especially within a short to medium-term timeline. Let’s explore the best HYSAs for saving towards IVF or fertility Treatments.

Understanding the Costs of IVF and Fertility Care

Understanding the real cost of fertility care is the first step toward setting a realistic savings goal.

Average IVF Costs in the U.S.

• $12,000 to $20,000 per cycle, depending on the clinic and region
• Success rates vary, often requiring multiple rounds
• Medications: Fertility drugs like gonadotropins may cost $3,000 to $6,000 per cycle

Additional Expenses to Budget For

• Egg Retrieval & Embryo Transfer: Lab and surgical fees
• Cryopreservation (Freezing): Annual storage costs for frozen embryos or eggs
• Donor Eggs or Sperm: Ranges from $5,000 to $15,000
• Preimplantation Genetic Testing: Up to $5,000 per cycle

IVF is not a one-time procedure for most individuals—it often involves planning over months or even years. That’s why developing a financial strategy and savings plan is critical.

Why Use a HYSA for IVF and Fertility Savings?

A High-Yield Savings Account (HYSA) is a powerful tool to prepare for expensive, planned medical procedures. Here’s why it’s an ideal match for fertility-related savings:

1. Higher APY Than Traditional Accounts

Standard savings accounts offer less than 0.10% APY, while top HYSAs in 2025 offer 4.50% or more. Over 12 to 24 months, this difference can add hundreds of dollars in interest—funds that can directly support your treatment.

2. Liquidity and Accessibility

HYSAs are perfect for short-to-mid-term goals. Funds remain accessible without penalties—unlike CDs or retirement accounts. Most accounts transfer to your checking within 1–2 business days.

3. Principal Protection

Unlike investing in the stock market, your contributions in a HYSA are FDIC-insured up to $250,000—so your money is safe from market volatility.

4. Automated Goal Building

Most HYSAs let you automate transfers, set savings goals, and track progress, which is essential when saving for significant medical expenses with firm deadlines.

Key Features to Look for in a Fertility-Focused HYSA

Not all HYSAs are equal. Here’s what to prioritize:

High APY Rates

Look for HYSAs offering 4.5% APY or higher. The higher the rate, the faster your savings will grow.

No Minimum Balance Requirements

Starting small? Choose an account that doesn’t require a large deposit or an ongoing balance to earn interest.

No Monthly Fees

Avoid accounts that charge fees, which can erode your savings over time. Many top online banks offer fee-free HYSAs.

Goal-Based or Bucket Features

Label your savings as “Cycle 1,” “Egg Freezing,” or “Medication Fund” to stay organized and motivated.

Easy Transfers for Time-Sensitive Payments

You may need to move money fast to meet clinic deadlines. Choose a HYSA that links with checking for 1–2 day transfers.

Best HYSAs for IVF and Fertility Treatment Savings (2025 Picks)

SoFi Checking & Savings

SoFi Checking & Savings is a combined high-yield account offering the benefits of both checking and savings in one. With SoFi, you can earn up to 4.60% APY on savings and 0.50% APY on checking balances when you set up direct deposit. There are no account fees, overdraft charges (up to $50), or minimum balance requirements. You can also access early paycheck deposits, automatic savings features, and spending insights.

FDIC insurance covers deposits up to $2 million through partner banks. It’s ideal for individuals looking to grow their money while managing everyday expenses in one streamlined, mobile-first account.

• APY: Up to 4.60%
• Highlights:
  • Combines checking and savings
  • No fees or minimum balance
  • Set and track savings goals
  • Great app experience for automation

Ally Bank Online Savings

Ally Bank Online Savings Account offers a competitive, high-yield APY with no monthly maintenance fees or minimum balance requirements. It helps you grow your savings faster with features like buckets for goal-based saving, boosters for automatic transfers, and round-up tools.

The FDIC-insured account ensures your deposits are protected up to $250,000. While it doesn’t include a checking option, it integrates easily with Ally’s Interest Checking account for seamless transfers. With 24/7 customer support and a strong reputation for transparency, Ally is a solid choice for those focused on building long-term savings online.

• APY: ~4.35%
• Highlights:
  • “Buckets” for organizing different phases (e.g., Meds, Transfer, Testing)
  • Round-up feature and surprise savings
  • No fees or minimums

Capital One 360 Performance Savings

Capital One 360 Performance Savings is a sleek, no-frills account designed to supercharge your savings with a competitive 3.60% APY—no strings attached. There are zero maintenance fees, no minimum balance, and deposits are protected by FDIC insurance. The account integrates seamlessly with Capital One’s digital ecosystem, offering intuitive features like AutoSave goals and mobile deposits.

Its hybrid model gives you robust online tools alongside access to Capital One Cafés for in-person guidance. Whether you’re growing an emergency fund or planning for future milestones, this account delivers simplicity, trust, and performance in one streamlined savings solution.

• APY: ~4.30%
• Highlights:
  • Seamless integration with Capital One 360 Checking
  • No fees or account minimums
  • Reliable mobile tools

Marcus by Goldman Sachs

Marcus by Goldman Sachs offers a clean, no-fuss online savings account that blends elite banking heritage with modern simplicity. With a 3.65% APY, zero fees, and no minimum balance, it’s designed for savers who want value without complexity. It delivers reliable performance and smooth transfers. Backed by the strength of Goldman Sachs and FDIC insurance, your funds are safe and earning. 

Whether you’re stashing cash for a rainy day or building toward big goals, Marcus stands out for its trustworthiness, competitive returns, and streamlined, distraction-free saving experience.

• APY: ~4.40%
• Highlights:
  • High APY
  • Goal tracking and no-fee policy
  • Clean interface for simplicity

Varo Bank

Varo Bank reimagines digital banking with a savings experience built for high performers. Offering up to 5.00% APY on balances up to $5,000 (with qualifying activity), Varo rewards disciplined saving and regular direct deposits.

Even without meeting top-tier criteria, users can earn a 2.50% APY. With no fees, no minimums, and full FDIC protection, Varo brings freedom and function together. The app delivers early paycheck access, round-up tools, and automated transfers, helping you save effortlessly. 

• APY: Up to 5.00% with direct deposit
• Highlights:
  • Tiered interest for consistent savers
  • Habit-building automation tools
  • Sleek mobile-first experience

How to Build an IVF or Fertility Savings Plan with a HYSA

Building a focused and achievable plan is key to success. Here’s a sample roadmap:

1. Calculate Your Goal Amount

Factor in:

• IVF cycle: $15,000
• Medications: $5,000
• Buffer: 15% (~$3,000)
• Total target: ~$23,000

2. Set a Timeline

Choose a savings window based on when you want to begin treatment:

• 6 months = ~$3,833/month
• 12 months = ~$1,917/month
• 18 months = ~$1,278/month

3. Automate Contributions

Set up monthly or biweekly transfers that align with your payday. Automation reduces the temptation to delay or skip deposits.

4. Use Buckets or Labels

Separate funds for:

• “Cycle 1”
• “Egg Freezing”
• “PGT Screening”
• “Clinic Payment”

This keeps you organized and shows tangible progress.

5. Monitor and Adjust

Use your HYSA dashboard or mobile app to track growth, APY changes, and upcoming milestones.

Additional Tips for Managing IVF Finances

Beyond saving, consider these smart strategies:

Compare Clinic Quotes

Prices vary widely. Request itemized breakdowns and explore package deals if available.

Check for Employer Fertility Benefits

More companies are adding fertility support to health plans. Explore what’s offered, including reimbursement or fertility stipends.

Use an HSA or FSA (If Eligible)

Health Savings Accounts and Flexible Spending Accounts offer tax advantages. Some treatments and meds may be qualified expenses.

Keep Savings Separate

Avoid co-mingling your IVF savings with everyday spending. A dedicated HYSA reduces the temptation to dip into your funds early.

Open a Joint HYSA

A joint account ensures transparency and shared accountability when saving as a couple.

Conclusion

Saving for fertility care isn’t just about numbers—it’s about hope, planning, and peace of mind. A HYSA won’t make the journey shorter or easier, but it can empower you to face it with greater financial confidence. As you choose the best HYSA for your fertility journey, prioritize a high APY for maximum savings, ease of use and mobile tools, goal-based organization, transfer speed and access.

Whether you choose an online bank or a neobank like Beem, choose a HYSA that fits how you live, save, and manage your money. Download Beem today to open your HYSA, track interest in real time, and connect your savings to smarter money habits. In addition, Beem’s Everdraft™ lets you withdraw up to $1,000 instantly and with no checks.

FAQs About Best HYSAs for Saving Towards IVF or Fertility Treatments