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.
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.
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