Find Money Market/Savings Account Rates in Your Area

American Express Bank is currently offering their online savings account rate at 1.00% with a savings yield of 1.00%. American Express Bank as consistently been on the higher end of the savings account rates table at MonitorBankRates.com.

Find the highest savings account rates by searching our savings rate list here: Highest Savings Account Rates. You can also get a list of the best CD rates here: Best CD Rates.

American Express Bank’s current savings rate of 1.00% is more 4 times the current national average rate of 0.22% as reported by MonitorBankRates.com.

Opening a savings account at at American Express Bank is easy and can be done online quickly. All your account transactions and be done online which makes the Amex savings account a convenient way to save and you have access to your savings online or by phone 24 hours a day.

Money can be transfered into and out off the account electronically by linking any external bank account to the Amex savings account. There are no monthly fees or no minimum balance to maintain and your deposit is insured by the FDIC for up to $250,000.

Discover Bank’s savings account rate is still one of the best rates available right now. The banking arm of Discover credit card is currently offering their online savings account rate at 1.14% with a savings yield of 1.15%. Savings account rates at Discover Bank are lower than they were last year which isn’t unusual since interest rates have come down.

Discover Bank’s savings rate is still more than 5 times the current national average rate of 0.22% as reported by MonitorBankRates.com. Opening an account is quick and easy, we were able to open an account in less than 5 minutes. The minimum opening deposit is $500.

Interest earned on the account is compounded daily basis and credited monthly. The account is insured by the Federal Deposit Insurance Corporation (FDIC) for up to $250,000.

Discover Bank’s money market account rate is slightly lower at 1.04% with a yield of 1.05%. Jumbo MMA rates are at 1.09% with a yield of 1.10%. Since money market accounts and savings accounts are basically the same you’re better off going with the savings account since it has a higher interest rate. You can open an account here: Discover Bank Online Savings Account Application.

Use our savings account rate list of find a list of the best rates in your state or zip code: Savings Account Rates. To find the best CD rates use our CD rate list here: best CD rates.

Right now on our New York savings rate table Tennessee Commerce Bank has the best savings account rate. Tennessee Commerce Bank is currently offering their online savings account rate at 1.49% with a savings account yield of 1.50%. In order to earn this rate you have to also have a checking account with TCB.

Looking for the highest savings account rates and online savings account rates? Use our Rate Tables at SavingsAccount.MonitorBankRates.com.  to find the best savings account rates in your area.

The second highest savings interest rate on our list is from Salem Five Direct. The bank’s current online savings account rate is 1.24% with an yield of 1.25%. You also need to have a checking account with Salem Five Direct to earn the rate and yield.

The third best interest rate on our list goes to three different banks. American Express Bank, Discover Bank and Sallie Mae Bank are all offering savings interest rates at 1.14% with a yield of 1.15%.

Highest Savings Account Rates in New York

American Express Bank FSB Yield 1.15% Min $ 0 
Discover Bank Yield 1.15% Min $500 
FNBO DIRECT Yield 1.00% Min $ 1 
Tennessee Commerce Bank Yield 1.50% Min $250 
Salem Five Direct Yield 1.25% Min $ 1 
Sallie Mae Yield 1.15% Min $ 1 
Flagstar Bank Yield 1.11% Min $ 1 
Nationwide Bank Yield 1.05% Min $10,000 
EverBank Yield 1.01% Min $ 1 
Zions Bank Yield 1.01% Min $1000 
WTDirect Yield 1.01% Min $10,000 
First Internet Bank of IN Yield 1.00% Min $100 
ING DIRECT Yield 1.00% Min $ 1 
AIG Bank Yield 1.00% Min $10,000 
Ally Bank Yield 1.00% Min $ 1

We searched our savings rate tables to find the best savings account rates in Florida. Tennessee Commerce Bank is at the top of our list with the highest savings account rate and yield. Tennessee Commerce Bank currently has an online savings account rate of 1.49 percent with an annual percentage rate (APY) of 1.50 percent. The one caveat about this account is you must also have a checking account with Tennessee Commerce Bank.

Looking for the best savings account rates and online savings account rates? Use our Savings Rate Tables to find the highest savings account rates in your area. SavingsAccount.MonitorBankRates.com.

The second best savings rate on our list also requires you to have a checking account with the bank. Salem Five Direct is offering online savings account rates at 1.24% with an APY of 1.25%. 

The third best savings rate on our list goes to three different banks and doesn’t require a checking account. Discover Bank, American Express Bank and Sallie Mae Bank are all offering savings interest rates at 1.14% with a yield of 1.15%.

Best Savings Account Rates in Florida

American Express Bank FSB Yield 1.15% Min $ 0 
Discover Bank Yield 1.15% Min $500 
FNBO DIRECT Yield 1.00% Min $ 1 
Tennessee Commerce Bank Yield 1.50% Min $250 
Salem Five Direct Yield 1.25% Min $ 1 
Sallie Mae Yield 1.15% Min $ 1 
Flagstar Bank Yield 1.11% Min $ 1 
Nationwide Bank Yield 1.05% Min $10,000 
EverBank Yield 1.01% Min $ 1 
Zions Bank Yield 1.01% Min $1000 
WTDirect Yield 1.01% Min $10,000 
First Internet Bank of IN Yield 1.00% Min $100 
ING DIRECT Yield 1.00% Min $ 1 
AIG Bank Yield 1.00% Min $10,000 
Ally Bank Yield 1.00% Min $ 1

The current average Los Angeles savings rate is averaging 0.22 percent as reported by Monitor Bank Rates. You can find savings rates in L.A. a lot better than the average rate. Right now on our L.A. rate table Tennessee Commerce Bank is offering a rewards savings rate of 1.49% with an APY of 1.50%. To earn this rate and APY you have to have a checking account with the bank.

Search and compare savings account rates and money market account rates at SavingsAccount.MonitorBankRates. You can find the best rates from national bank and local banks.

The second highest savings rate on our list is also a rewards rate. Salem Five Direct is offering rates at 1.24% with an APY of 1.25%. This bank also requires you to have a checking account with them to earn the rate and yield. 

If you’re not interested in opening a checking account to get a higher yield savings account you can get a 1.14% rate and 1.15% APY at three different banks. American Express Bank, Discover Bank, and Sallie Mae Bank are all offering a rate of 1.14% with an APY of 1.15%.

Flagstar Bank has the fourth highest rate on our list. Flagstar Bank is offering savings rates at 1.10% with an APY of 1.11%. Rounding out the top 5 rates is Nationwide Bank. The bank is their money market account rate at 1.04% with an APY of 1.05%.