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Miami Savings Account Rates

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Right now on our savings interest rate list for Miami, Florida, Tennessee Commerce Bank has the highest savings rate. Tennessee Commerce Bank is currently offering savings rates of 1.49 percent with a savings account yield of 1.50 percent. That rate is a lot higher than the current national average savings rate of 0.248 percent for account balances of at least $2,500 as reported by Monitor Bank Rates. To earn the rate and yield at Tennessee Commerce Bank you must also have a checking account with them.

The second best savings rate on our list in Miami, FL is from Discover Bank. Discover is currently offering their online savings account with rates at 1.19 percent with a savings yield of 1.20 percent.

The third highest rate for Miami is from American Express Bank. The bank is offering online savings interest rates at 1.14 percent with an online yield of 1.15 percent.

Flagstar Bank rate and WTDirect have the fourth highest rate on our list. Both WTDirect and Flagstar are offering savings rates at 1.10 percent with bank savings yields of 1.11 percent.

Three banks round out the top 5 best interest rates on our list. FNBO Direct, Sallie Mae Bank and First Internet Bank of IN are all offering bank rates of 1.09 percent with bank yields at 1.10 percent.

Savings Account Rates Miami

Tennessee Commerce Bank 1.49% Yield 1.50% Min $250
Discover Bank 1.19% Yield 1.20% Min $500
American Express Bank FSB 1.14% Yield 1.15% Min $ 0
WTDirect 1.10% Yield 1.11% Min $10,000
Flagstar Bank 1.10% Yield 1.11% Min $ 1
FNBO DIRECT 1.09% Yield 1.10% Min $ 1
First Internet Bank of IN 1.09% Yield 1.10% Min $100
Sallie Mae 1.09% Yield 1.10% Min $ 1
Zions Bank 1.05% Yield 1.06% Min $1000
Ally Bank 1.04% Yield 1.05% Min $ 1
Nationwide Bank 1.04% Yield 1.05% Min $10,000
Capital One Direct Banking 1.01% Yield 1.01% Min $10,000
EverBank 1.01% Yield 1.01% Min $ 1
ING DIRECT 1.00% Yield 1.00% Min $ 1
AIG Bank 1.00% Yield 1.00% Min $10,000
Salem Five Direct 1.00% Yield 1.00% Min $ 1
Author: Lisa Graham
March 13th, 2011