The national average savings account rates and money market account rates have been low for awhile now. Interest rates will stay at these low levels until later this year but will start heading higher in 2011. The current national average savings account rate and money market account rate for account balances of at least $2,500 is averaging 0.32 percent. You can find rates higher than the national average rates.

Looking for the highest savings account rates and MMA rates? Search our rate tables at SavingsAccount.MonitorBankRates.com to find the highest rates and yields in your area.

We searched our savings rate table and money market rate table to find the highest interest rates and yields in North Carolina. Sallie Mae Bank currently has the highest savings account rate. The bank’s current savings account rate is 1.39 percent with a savings account yield of 1.40 percent.

Discover Bank and Capital One Bank is next on the list of the best savings account rates in North Carolina. Capital One Bank and Discover Bank are currently offering their online savings account rates at 1.34 percent with an APY of 1.35 percent.

Best Savings Account Rates and MMA Rates in North Carolina

• Sallie Mae 1.40% APY Min $ 1
• Discover Bank 1.35% APY Min $500
• Capital One Direct Banking 1.35% APY Min $2500
• American Express Bank FSB 1.30% APY Min $ 0
• Ally Bank 1.29% APY Min $ 1
• EverBank 1.26% APY Min $ 1
• Nationwide Bank 1.20% APY Min $2000
• Giantbank.com 1.16% APY Min $1000
• Zions Bank 1.11% APY Min $2500
• FNBO DIRECT 1.10% APY Min $ 1
• ING DIRECT 1.10% APY Min $ 1
• HSBC Advance 1.10% APY Min $ 1
• Salem Five Direct 1.10% APY Min $ 1 Must have checking account
• Flagstar Bank 1.06% APY Min $ 1
• Allstate Bank 1.01% APY Min $100
• OneUnited Bank 1.01% APY Min $1000
• First Internet Bank of IN 1.00% APY Min $100
• EmigrantDirect.com 1.00% APY Min $ 1
• Bank of Internet USA 0.90% APY Min $100
• Citibank 0.80% APY Min $ 1
• Asheville Savings Bank 0.60% APY Min $500