Top 5 Savings Rates and Top 5 Money Market Rates Today

We are all fully aware that savings rates and money market rates are low, that goes without saying and unfortunately we will all have to live with these low interest rates for years to come. I can't plan on retiring early because my investment income from savings accounts and certificates of deposit is one fifth of what it was just 5 years ago.

I used to have several savings accounts that had savings account rates above 4 percent with a big online banks which used to earn me a good income. My income was so good I thought I was going to be able to retire early before receiving Social Security but that isn't going to happen.




The best savings rates are above 1.00 percent but I fully expect the best rates to drop below 1.00 percent in 2013. To make your search for the highest savings account rates or the highest money market account rates I have complied lists below.

Top 5 Bank Savings Rates



  • CIT Bank Savings Account Interest Rates 1.04% APY 1.05%

  • Barclays Savings Account Interest Rates 1.00% APY 1.00%

  • Ally Bank Savings Account Interest Rates 0.95% APY 0.95%

  • American Express Savings Account Interest Rates 0.90% APY 0.90%

  • Colorado Federal Savings Bank Account Interest Rates 0.85% APY 0.85%


Top 5 Bank Money Market Rates



  • Sallie Mae Bank Money Market Account Interest Rates 1.04% APY 1.05%

  • Union Federal Savings Bank Money Market Account Interest Rates 1.04% APY 1.05%

  • EverBank Money Market Account Interest Rates APY 1.01%

  • Ally Bank Money Market Account Interest Rates 0.95% APY 0.95%

  • ableBanking Money Market Account Interest Rates 0.90% APY 0.90%


 
 
Author: Lisa Graham
October 4th, 2012