Savings Account Rates Phoenix

Current Phoenix savings account rates are averaging 0.238 percent as reported by Monitor Bank Rates. There are savings rates better than the national averages. Right now on our Phoenix savings account rate list two banks are offering rewards savings rates well above the average. Tennessee Commerce Bank is offering savings interest rates at 1.49% with a savings yield of 1.50% and Salem Five Direct is offering savings rates at 1.24% with a yield of 1.25%. Both banks require you to also have a checking account with them to earn the rate and yield.

Find the best savings account rates and money market account rates at You can search for national rates and local rates by using our rate tables.

The highest rate on our list in Phoenix, Arizona, for a regular savings account is from three different banks. Discover Bank, American Express Bank and Sallie Mae Bank are all offering savings rates at 1.14% with an APY of 1.15%.

The second best rate on our list in Phoenix, AZ, is from Nationwide Bank. The bank is offering their money market account rate at 1.04% with a money market account yield of 1.05%.

The third best interest rate on our list is from three different banks. WTDirect, EverBank and Zions Direct are all offering rates and yields at 1.01%

Rounding out the top 5 rates on our list is Ally Bank, AIG Bank, ING Direct and First Internet Bank of IN. All four banks are offering rates and yields at 1.00%.

Find current savings rates in your area by using our interest rate tables for your state.
Author: Lisa Graham
May 12th, 2011