Boston Savings Account Rates

Current Boston savings account rates are averaging 0.22 percent as reported by MonitorBankRates.com. Of course you can find savings rates higher than the average. Right now on our Boston savings account rate list three banks have the best rate. Discover Bank, American Express Bank and Sallie Mae Bank all are offering savings rates at 1.14% with an APY of 1.15%. That rate is more than five times the average rate.

We do have two banks offering rates higher than 1.14% but these banks require you to have a checking account with them to earn the savings rate. Tennessee Commerce Bank is offering their relationship savings rate at 1.49% with an APY of 1.50%. Salem Five Direct's relationship rate is 1.24% with an APY of 1.25%.




Flagstar Bank has the fourth best rate on our list in Boston. Flagstar Bank is offering rates at 1.10% with an APY of 1.11%. Rounding out the top 5 rates are First Trade Union Bank and Nationwide Bank. Both banks are offering rates at 1.04% with an APY of 1.05%.

Find current savings rates in your area by using our interest rate tables.
 
Author: Lisa Graham
April 26th, 2011