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.