Highest Savings Account Rates National Rates

Right now on our savings account rates table of the best national rates American Express Bank, Discover Bank and Sallie Mae Bank all have the highest savings rate. All three financial institutions are currently offering savings rates at 1.14% with a savings yield of 1.15%.

You too can search our savings rate tables at SavingsAccount.MonitorBankRates.com for the best savings rates in your state. Regular savings rates, rewards savings rates and online savings account rates are listed from local and national financial institutions.



There are two banks listed that have higher rates but those two banks require you to also have a checking account with them to earn the rate and yield. If you're interested in these "reward" savings accounts Tennessee Commerce Bank is offering a rewards savings rate of 1.49% with a rewards yield of 1.50%. Salem Five Direct's reward rate is 1.24% with a yield of 1.25%.

Flagstar Bank follows with the fourth best rate on our list. The bank's current savings rate is 1.10% with a savings yield of 1.11%.

Nationwide Bank, the banking arm of the insurance company Nationwide, rounds out our top 5 interest rates. Nationwide Bank's current money market rate is 1.04% with an APY of 1.05%.

All of these rates listed are well above the current national average savings rate of 0.22 percent for account balances of at least $2,500.

Get the highest bank interest rates on savings accounts, money market accounts, checking accounts and certificates of deposit by searching our interest rate tables at  MonitorBankRates.com.