We do anticipate deposit rates moving higher in the coming months when the Fed increases the fed funds rate. Hopefully by the end of 2015, the best savings rates will be above 2.00 percent. Below is a quick rundown of the current highest savings rates and money market rates available.
Current Savings Rates March 23, 2015
GE Capital Direct Rates 1.04% APY 1.05%
My Savings Direct Rates 1.04% APY 1.05%
Synchrony Bank Rates 1.00% APY 1.00%
CIT Bank Rates 1.00% APY 1.00%
Barclays Bank Rates 1.00% APY 1.00%
iGOBanking Rates 1.00% APY 1.00%
Discover Bank Rates 0.90% APY 0.90%
Radius Bank Rates 0.85% APY 0.85%
Colorado FSB Rates 0.85% APY 0.85%
Current Money Market Rates March 23, 2015
EverBank 1.01% APY
ableBanking, a division of Northeast Bank Rates 1.00% APY 1.00%
Sallie Mae Rates 0.90% APY 0.90%
iGOBanking Rates 0.90% APY 0.90%
Synchrony Bank Rates 0.85% APY 0.85%
Ally Bank Rates 0.85% APY 0.85%
Mutual of Omaha Bank Rates 0.85% APY 0.85%
EH National Bank Rates 0.80% APY 0.80%
First Internet Bank of Indiana Rates 0.80% APY 0.80%
