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Average Savings Rates/Money Market Rates and Best Rates 10/10/12

Average savings rates were unchanged this week over last in both Bankrate's national savings rate survey and the FDIC's national rate survey. Bankrate's national savings rate for the week ending 10/10/12 is currently at 0.52 percent. The FDIC's national average savings rate is considerably less at 0.08 percent. The best savings rates this week alo remained unchanged at 1.04 percent.

Money market rates in the FDIC's week rate survey are averaging 0.12 percent for the week ending October 9, 2012, no change from the prior week's average rate. The best money market rates on our rate list are also at 1.04 percent this week.

Best Savings Rates/Money Market Rates 10/10/12

Savings Account Rates

  • CIT Bank Savings Account Rates 1.04% APY 1.05%

  • Barclays Bank Savings Rates 1.00% APY 1.00%

  • Ally Bank Savings Interest Rates 0.95% APY 0.95%

  • American Express Bank Savings Account Rates 0.90% APY 0.90%

  • Colorado Federal Savings Bank Rates 0.85% APY 0.85%

  • Discover Bank Savings Rates 0.80% APY 0.80%

Money Market Account Rates

  • Union Federal Savings Bank Money Market Account Rates 1.04% APY 1.05%

  • Sallie Mae Bank Money Market Rates 1.04% APY 1.05%

  • EverBank Money Market APY 1.01%

  • ableBanking Money Market Rates 0.96% APY 0.96%

  • Ally Bank Money Market Interest Rates 0.95% APY 0.95%

  • MetLife Bank Money Rates 0.85% APY 0.85%

The rates listed above are as of today, October 10, 2012. You can search our rate lists for the highest savings rates and money market rates from national and local banks.
Author: Lisa Graham
October 11th, 2012