MonitorBankRates
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iAdvertiser Disclosure
Advertiser Disclosure Some institutions listed may have a business relationship with MonitorBankRates. Our proprietary systems independently track and verify all rates. Advertiser relationships do not influence our Safety Ratings, Star Ratings, or the rates shown.
Written by
Brian McKay Brian McKay
Brian McKay

Brian McKay

Co-Founder & Lead Data Architect
Expertise
  • Automated Online Rate Data Aggregation
  • Location-Based Rate Tables
  • Bank & Credit Union Health Safety Ratings
  • Bank & Credit Union Star Ratings
  • Finance Calculators
Brian is the Co-Founder of MonitorBankRates.com. For over 18 years, he has utilized his background in enterprise infrastructure to engineer proprietary systems that track rates from over 8,000 financial institutions.
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| iEditorial Disclosure
Editorial Disclosure The rates and data displayed are actual, verified figures sourced directly from financial institutions. Our editorial content is independent of any advertiser relationships.
| ✓Fact Checked | Published: July 15, 2011 | Updated: May 17, 2018

Best Savings Account Rates in New York: Highest Savings Account APY 1.15%

The average savings account rate in New York, New York is at 0.22 percent as reported by MonitorBankRates.com. You can find savings rates better than the average rates. Right now on our New York, NY, savings account rates list two banks are offering the highest savings rate. Sallie Mae Bank and Discover Bank are both offering online savings account rates at 1.14% with an online savings yield of 1.15%.

Find the highest savings rates and money market rates by searching our rate tables here: Best Savings Account Rates.

The second best savings rate on our list in New York is from Apple Bank. The bank’s current savings rate is 1.09% with an APY of 1.10%. Earning this rate requires you to have an Apple Bank Grand Yield Advantage NOW Checking account and there are also requirements that have to be met. New money is also required and the savings rate is guaranteed for 1 year.

Sterling National Bank has the third highest savings rate on our list. The bank’s current savings rate is at 1.05% with an APY of 1.06%.

Coming in with the fourth best interest rate on our list is Nationwide Bank. The bank’s current money market rate is 1.04% with an MMA yield of 1.05%.

Rounding out the top 5 savings account rates is Ally Bank with a current online savings rate of 1.03% with an APY of 1.04%.

You can find the best interest rates on home loans and auto loans at MonitorBankRates.com. We also have list of the best CD rates, checking rates and savings account rates.