Salem Five Direct, is offering 1.00% APY on the eOne savings account. Without any minimum deposit, this rate is specifically for new eOne savings account customers. However, current customers earn 0.75% APY on their savings account.
CIT Bank, on the other hand, has the best available deal as of now. It offers 1.05% APY on the savings account without minimum deposit requirements and monthly fees. It pays 1.00% APY on balances up to $500,000. However, customers have to deposit $100 to open an account. Other banks like Evantage Bank and Sallie Mae Bank have increased their MMA rates to 1.00% APY recently.
