Where are the Highest Phoenix, AZ Savings Rates this July?
If you’re not currently earning a competitive rate on your savings, you’re basically wasting money. As we head into July, let’s examine current savings rate trends in Phoenix and find out where the best rates are today.
Current Savings Account Interest Rates in Phoenix
In order to better understand current savings rate trends in your area, here’s a breakdown of interest rates presently available:
Total Number of Accounts Available: 16
Highest Rate in the City: 1.1% APY
Lowest Savings Rate: 0.01% APY
Average Phoenix Savings Account Rate: 0.21% APY
Best Phoenix, AZ Savings Rates this Month
The following are the local Phoenix banks and credit unions that are currently offering the highest interest rates on savings accounts:
- Gateway Commercial Bank: 1.1%
- Gold Canyon Bank: 0.75%
- Mutual of Omaha Bank: 0.25%
- Bank 1440: 0.2%
- Heritage Bank, National Association: 0.2%
The above rates are accurate as of July 8, 2011, but are subject to change at any time. Please check with individual financial institutions to verify rates are current before opening an account.
