New Mexico Best High Yield Savings Accounts

We have complied a list of the best high yield savings accounts in the state of New Mexico. The highest savings rate and yield on our list for NM is from Sallie Mae Bank. The bank's current savings account rate is 1.39 percent with an annual percentage yield of 1.40 percent. Sallie Mae's savings rate is almost six times the national average savings rate of 0.25 percent for account balances of at least $2,500. The minimum opening high yield savings account balance is only $1.

The next bank on our NM high yield savings account list is from Discover Bank. The bank's current online savings account rate is 1.34 percent with an savings yield of 1.35 percent. The minimum opening online savings account balance is $500.

American Express Bank has the third highest 12 month CD rate and yield on our list. The current Amex savings rate is 1.29 percent with a savings account yield of 1.30 percent. The minimum opening savings account balance is $0.

Fourth on our list is Everbank. The bank's current savings rate is 1.25 percent with an APY of 1.26 percent. Everbank also offers a promotional introductory savings rate that is a lot higher. If you deposit new money you can earn a savings yield of 2.28 percent for the first three months.

  • Citibank 0.80% APY Min $ 1

  • Asheville Savings Bank 0.60% APY Min $500

Author: Savings Account Rates
October 2nd, 2010