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In the previous month, the national cost savings rate average remained the exact same at 0.28 % APY, with just small changes to rates on some cost savings accounts. Although savings rates have actually stopped falling, it may be temporary as there are signs that the Federal Reserve may delay rate hikes further than expected.

Ally Bank boosted the rates on its online savings and money market accounts from 0.84 % APY to 0.86 % APY, however they dropped to 0.85 % APY 2 weeks later. TIAA Direct’s cash market account had its tiered rates drop 0.26 % APY.

The most popular rate change originates from HSBC, which cut the rate on its HSBC Advance online savings account from 0.10 % APY to 0.01 % on balances under $10,000 and from 0.10 % APY to 0.05 % APY on balances of $10,000 or more. Several years ago, the account was known for having the highest online savings rates, now it’s ended up being rather unremarkable compared to the leading cost savings currently readily available.

To savers, the progressively declining unemployment rate could’ve been the ticket from the low-rate environment. Unfortunately, some main lenders are hinting at the concept of lowering the joblessness rate target of 6.5 percent, which marked the time when the Fed is prepared to hike rates. If the target unemployed rate is lowered, the rate hikes are most likely to come later on.

The October unemployment rate was 7.3 percent.

The table below shows the changes in savings rates at benchmark monetary institutions from Oct. 15, 2013 to Nov. 15, 2013. By keeping track of the cost savings rates at a few of the largest UNITED STATE banks, we get a concept of where rates at various other banks and monetary organizations are goinged.

Bank Savings account APY (as of 10/15/13) APY (as of 11/15/13) APY Change
Chase Savings 0.01% 0.01% 0%
Bank of America Regular Savings 0.01 0.01% 0%
Ally Bank High Yield Savings 0.84% 0.85% +0.01%
Capital One 360 360 Savings 0.75% 0.75% 0%
American Express Personal Savings 0.85% 0.85% 0%

Compare the top savings rates and the possible yearly interest you can make: