Best Savings Accounts Rates in New York, New York

Savings accounts rates/money market account rates for account balances of at least $2,500 are averaging 0.35 percent this week. You can find savings account rates and money market account rates better than the national average rates.

Right now Apple Bank for Savings is offering a savings account rate of 1.74 percent and an APY of 1.75 percent. The minimum opening savings account deposit is $10,000. You must also have a "Grand Yield Advantage NOW Checking" account to receive this rate and yield.




Looking for the best rates? Search our savings rate/MMA rate tables to find the highest rates: SavingsAccount.MonitorBankRates.com.

If you're not interested in the Apple Bank savings account deal, Sterling National Bank is offering a savings account that currently has a rate of 1.54 percent with an APY of 1.55 percent. The minimum opening account balance is $2,500. There are no other account requirements to receive the savings rate and savings yield.

Here are the highest savings account rates and MMA rates in New York, New York.

Savings Account/MMA APY 1.00% and Above



  • Apple Bank 1.75% APY Min $10,000 Must have a Grand Yield Advantage NOW Checking account. New money required.

  • Sterling National Bank 1.55% APY Min $2500 Account can be opened either online or in the branch. New money required. Expires on June 1, 2010.

  • Bank of Internet USA 1.40% APY Min $100

  • Nationwide Bank 1.35% APY Min $10,000

  • Discover Bank 1.35% APY Min $500

  • American Express Bank 1.30% APY Min $0

  • Brooklyn FSB 1.30% APY Min $10,000

  • Ally Bank 1.29% APY Min $1

  • EverBank 1.26% APY Min $1

  • FNBO DIRECT 1.25% APY Min $1

  • Capital One Direct Banking 1.25% APY Min $2500 Receive a 10% quarterly bonus on interest earned w/ a monthly average balance of at least $15K or use of a credit card at least once a month.

  • Salem Five Direct 1.25% APY Min $1 Must have a checking account.

  • Ponce de Leon FSB 1.25% APY Min $10,000

  • Banco Popular 1.25% APY Min $10,000 Must have a checking account.

  • Giantbank.com 1.21% APY Min $1000

  • AIG Bank 1.20% APY Min $10,000

  • Maspeth Federal S&L 1.20% APY Min $250

  • Zions Bank 1.16% APY Min $2500 Internet only.

  • WTDirect 1.16% APY Min $10,000

  • ING DIRECT 1.10% APY Min $1

  • Allstate Bank 1.10% APY Min $100

  • EmigrantDirect.com 1.10% APY Min $1

  • HSBC Direct 1.10% APY Min $1

  • Broadway National Bank 1.06% APY Min $1000

  • Ridgewood Savings Bank 1.02% APY Min $1

  • OneUnited Bank 1.01% APY Min $1000 Available to Internet customers only.

  • Eastbank 1.01% APY Min $5000

  • First Internet Bank of IN 1.00% APY Min $100

  • E-LOAN.com  1.00% APY Min $10,000 Must make monthly deposits of at least $100 to qualify for rate. If monthly deposits not met, standard savings rates apply.

  • AARP Financial Savings Center 1.00% APY Min $1

  • Emigrant Savings Bank 1.00% APY Min $100

  • Flushing Savings Bank 1.00% APY Min $5000

  • Marathon National Bank 1.00% APY Min $2500


Savings Account/MMA APY Below 1.00%



  • Intervest National Bank 0.99% APY Min $2500

  • Bank of Smithtown 0.95% APY Min $5000 Must have or open a

  • Smithtown Checking account. Internet Only.

  • Citibank  0.90% APY Min $1 Must have EZ checking account and you must have on-line bill pay and make 2 payments each month.

  • State Bank Long Island 0.90% APY Min $10,000

  • Carver Federal Savings Bank 0.90% APY Min $10,000

  • Fifth Third Bank 0.90% APY Min $10,000 Must have direct deposit or transfer $100 from checking to savings or have 5 checks written, debit card purchases or bill payments monthly to receive APY.

  • Bay Ridge Federal Credit Union 0.75% APY Min $ 1 Must have direct deposit.

  • M&T Bank 0.75% APY Min $1

  • Dime Savings Bank 0.75% APY Min $1000 Must have a Prime dime or Reward checking account.

  • Hudson United Bank 0.75% APY Min $10,000

  • Community Fed Svngs Bank 0.75% APY Min $200

  • Cross County Federal Savings 0.75% APY Min $1

  • Ameriprise Bank FSB 0.65% APY Min $10,000

  • Amalgamated Bank 0.65% APY Min $10,000

  • Flatbush Federal S&L 0.65% APY Min $10,000

  • Bank of America 0.60% APY Min $10,000 Must have one of the following each calendar month: auto transfer or $250 or more from a

  • BOA checking account, auto transfer of the monthly interest payment from BOA CD or a direct deposit of $250 or more. Must have an

  • Advantage Checking account.

  • Bank of America 0.60% APY Min $10,000 Must have an Advantage with Tiered Interest Checking account. Must have an automatic transfer of $250 or more from your Bank of America account, an automatic transfer of the monthly interest payment from your Bank of America CD or a direct deposit of $250

  • Bridgehampton National Bank 0.60% APY Min $10,000

  • American Community Bank 0.60% APY Min $10,000

  • PenFed 0.55% APY Min $10,000

  • KeyBank 0.50% APY Min $10,000 $25,000 in new money required to open.

  • First Central Savings Bank 0.50% APY Min $250

  • M&T Bank  0.45% APY Min $10,000 Must have a Power Checking or Portfolio Management account.

  • E*TRADE Bank 0.40% APY Min $1

  • Astoria Federal Savings 0.40% APY Min $1

  • Glenn Falls National Bank 0.35% APY Min $5000 Must have additional deposit account.

  • HSBC 0.30% APY Min $1 Must have a Premier Checking account. Must have balance of $100K in combined account.

  • Long Island Commercial 0.30% APY Min $1 Must have an Advantage Checking account.

  • Suffolk County National Bank 0.30% APY Min $1

  • Roslyn Savings Bank 0.30% APY Min $200

  • Chase 0.25% APY Min $10,000 Must have a Chase Premier Platinum or Chase Premier Checking account.
    First Niagara Bank 0.25% APY Min $10,000

  • Tennessee Commerce Bank  0.23% APY Min $10,000 0.23% APY Min $10,000

  • National Bank of NYC  0.20% APY Min $500 0.20% APY Min $500

  • First National LI  0.20% APY Min $500 0.20% APY Min $500

  • BankDirect  0.15% APY Min $10,000 0.15% APY Min $10,000

  • Great Eastern Bank  0.15% APY Min $10,000 0.15% APY Min $10,000

  • Safra National Bank  0.05% APY Min $ 1 0.05% APY Min $ 1

 
Author: Lisa Graham
March 28th, 2010
Posted in: Savings Accounts