Top Savings Rates/Money Market Rates

Current savings account rates and money market rates are very low and probably will be low until the beginning of 2015 or possibly earlier if the economy ever gets off the ground. The highest savings account rates on our national rate list are just above 1.00 percent. The highest money market rates on our list are also just above 1.00 percent.

An interest rate just above 1.00 percent might not sound like a high rate but when you compare these rates to the current national average rates 1.00 percent starts to look a lot better. The FDIC's national  rate survey has average savings account rates at 0.09 percent. Average money market account rates are a little higher at 0.13 percent. Jumbo savings rates are also averaging 0.09 percent and jumbo money market rates are a little higher at 0.19 percent.

Here is a current list of the top savings account rates and money market account rates on our rate lists.

1. CIT Bank Savings Rates 1.04% APY 1.05%
2. Union Federal Savings Bank Money Market Rates 1.04% APY 1.05%
3. EverBank Money Market Account APY 1.01%
4. Barclays Online Savings Rates 1.00% APY 1.00%

   Sallie Mae Bank Money Market Rates 0.90% APY 0.90%

5. Ally Bank Account Savings Rates 0.89% APY 0.89%
6. Ally Bank Money Market Account Rates 0.89% APY 0.89%
7. American Express Bank Savings Rates 0.85% APY 0.85%
8. MetLife Bank Savings Rates 0.85% APY 0.85%
9. Able Banking Money Market Account Rates 0.85% APY 0.85%
10. Colorado Federal Savings Bank Rates 0.85% APY 0.85%
11. Discover Bank Savings Rates 0.80% APY 0.80%
12. Bank of Internet USA Savings Rates 0.80% APY 0.80%
13. ING Direct Savings Rates 0.80% APY 0.80%
14. Bank of Internet USA Money Market Rates 0.75% APY 0.75%
15. Flagstar Direct Money Market Rate 0.70% APY 0.70%

If you find a savings account rate or money market account rate higher than our highest rate please contact us and let us know which financial institution is offering better rates.