That rate is more than 5 times the national average. Other banks offering rates at 1.00% include Salem Five Direct, First Internet Bank of IN, Nationwide Bank, ING Direct and Sallie Mae Bank.
Savings account rates at Ally Bank are slightly below at .099% with a savings account yield of 0.99%. If you’re interested in money market rates Ally Bank is also offering MMA rates at 0.99% with a yield of 0.99%.
Aurora Bank is next on our list of the best national average savings account rates. Aurora Bank is offering savings rates at 0.87% with a yield of 0.87%. Aurora is also offering MMA rates slightly higher at 0.92%. MMA account balances $100,000 or more earn a rate and yield of 1.02%.
You can find a list of both local savings account rates and national savings account rates by using our rate tables here: Savings Account Rates.
