It’s almost springtime, which is the perfect time to clean up your financial situation. If you’re looking for the best savings account in Philadelphia to get your finances back on track, Philadelphia Banking Rates can help you find them.
The average savings account interest rate in Philadelphia is presently 0.61% APY, but there are plenty of financial institutions nearby with better rates to offer. Below is a list of the current highest savings rates in and around Philadelphia: 
| Featured Rate | Bank / Credit Union | Account Type | |
|---|---|---|---|
|
0.90%
As of May 14, 2012
|
 |
CIT Bank
|
Savings Account |
|
0.84%
As of May 15, 2012
|
|
Ally Bank
|
Savings Account |
| Highest Rates Recent Rate Changes | |||
| Best Rates (APY) | Bank / Credit Union | Account Type | |
|
1.26%
As of May 8, 2012
|
View Rate Details | Merck Employees Federal Credit Union | Savings Account |
|
1.10%
As of May 7, 2012
|
View Rate Details | Delaware Alliance Credit Union | Savings Account |
|
1.00%
As of May 9, 2012
|
View Rate Details | Century Savings Bank | Savings Account |
|
1.00%
As of May 1, 2012
|
View Rate Details | Quaint Oak Bank | Savings Account |
|
1.00%
As of May 1, 2012
|
View Rate Details | Customers Bank | Savings Account |
|
0.90%
As of May 1, 2012
|
View Rate Details | E R R L Federal Credit Union | Savings Account |
| Bank / Account Type | Rate Change | Date | |
|---|---|---|---|
| Superior Credit Union - Savings Account | 0.30% to 0.20% | May 16, 2012 | |
| Polonia Bank - Savings Account | 0.25% to 0.20% | May 14, 2012 | |
| Phoenixville Federal Bank and Trust - Savings Account | 0.25% to 0.20% | May 7, 2012 | |
| Riverfront Credit Union - Savings Account | 0.25% to 0.20% | May 7, 2012 | |
| E R R L Federal Credit Union - Savings Account | 1.00% to 0.90% | May 1, 2012 | |
| Berkshire Bank - Berks County, Pennsylvania - Savings Account | 1.00% to 0.65% | Mar 6, 2012 | |
When choosing a savings account, it’s important to pick one that offers the highest savings rate possible in addition to low fees and additional perks.
Philadelphia Banking Rates is a comprehensive and totally free resource for people searching for the best rates in Philadelphia, Pennsylvania. You don’t have to devote hours to the time and research necessary for locating the highest rates–we do it for you.
Every bank and credit union offers some type of savings account, but not all of them will help you grow your money. In order to find the best savings account, you should determine which financial institution is offering the highest savings rates. Choosing a savings account with a competitive rate will aid you in accomplishing your savings goals faster.
Open a savings account with Polonia Bank today and start earning interest on your extra cash. Polonia Bank is currently offering an enticing .50% APY rate for their interest bearing savings accounts. Please note the following terms that must be met in order to qualify for the account:
Philadelphia is home to the prestigious University of Pennsylvania, and students come to study here from all over the world. No matter where they’re from, though, one of the first things they’ll do will be to open up a checking account and savings account.
Philadelphia Banking Rates could help students at Penn or any other Philadelphia college find free checking accounts and the best savings rates on their savings accounts.
When you choose a Philadelphia savings account, you want to find a bank that will best meet your savings needs. Look for a bank that offers the highest interest rates at your minimum balance with the lowest fees. Many Philadelphia banks require you to keep a certain balance to earn the quoted APY and to avoid fees. Banks requiring a higher minimum balance typically offer larger interest rates.
At Philadelphia Banking Rates, you can compare checking and savings account rates in Philadelphia. Our data is always current and up-to-date to ensure that you get the best rates possible.
As you make this decision to choose a Philadelphia bank, we can also help you:
One of the best ways to grow your savings in Philadelphia, beyond getting the best interest rates from your bank, is to set-up an automatic savings plan. You can work with your bank to automatically take any amount from a checking account or a pay check that is direct deposited or from other accounts and add to your savings account each month. This way, you know your savings account is growing every month no matter what with the automatic amount plus the interest payments from your bank based on the bank rate.
