MonitorBankRates
☰
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.
Read Full Bio
| 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: April 8, 2010 | Updated: May 20, 2013

Best Savings Account Rates in New York, New York

National average savings account rates and money market account rates are low right now. The average savings account rate/MMA rate for account balances of at least $2,500 is averaging only 0.33 percent. Account balances with a minimum of $10,000 are averaging 0.40 percent. Account balances of at least $25,000 earn a rate of 0.46 percent and balances of at least $50,000 earn a rate of 0.51 percent on average.

Sterling National Bank tops our list of the best savings account rates in New York, New York. Their current savings rate is 1.54 percent with an annual percentage yield of 1.55 percent. The minimum opening account balance is $2,500.

Here are the top 10 savings account rates in New York, New York.

Top 10 Savings Account Rates

  • 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
  • Discover Bank 1.35% APY Min $500
  • American Express Bank1.30% APY Min $0
  • Capital One Direct Banking 1.30% APY Min $2500
  • Nationwide Bank 1.30% APY Min $2000
  • Ally Bank 1.29% APY Min $1
  • EverBank 1.26% APY Min $1
  • FNBO DIRECT 1.25% APY Min $ 1
  • Salem Five Direct  1.25% APY Min $1 Must have a checking account.