Depressingly-low interest rates continue to stifle the growth of Americans’ savings. Although there are thousands of savings accounts, few are able to tout an interest rate of 1% APY or higher. Using one of these accounts can gives savings a boost, regardless of how little it may be.

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Why is the 1% level so important? Since 2007, when the financial crisis took root, rates on deposit account began their descent — finding a high-yield savings account with 5% APY wasn’t a challenging feat back in the day. Today, most savings accounts struggle to that 1% level.

On a balance of $10,000, the difference between 1.00% APY and 0.99% APY may just be $1 but the mental perception is impactful. It is a major reason that retailers and other businesses price items pennies below the dollar to instill the idea of a “lower price.”

Here are the savings and money market accounts (available nationwide) that belong to the “1%”:

BankType of AccountRate (APY)Balance to earn APYMonthly fee (if any)
TIAA DIRECTSavings1.25%All balances$0
TIAA DIRECTMoney Market1.25%All balances$0
UFB DIRECTMoney Market1.15%$5,000 - $250,000$10 (balance under $5,000)
AmTrust DirectMoney Market1.15%$5,000 and up$10 (balance under $1,000)
CIT BankSavings1.05%$25,000 and up$0
EverBankMoney Market1.01% (1st yr.)All balances$8.95 (balance under $5,000)
Incredible BankMoney Market1.00%$2,500 - $$10 (balance under $2,500)
Barclays BankSavings1.00%All balances$0

There’s no surprise that the list is filled with relatively new online banks, which tend to offer better rates and lower fees because they don’t have physical branches. TIAA Direct, CIT Bank and Barclays are recent entrants to the online banking market — they’re using high rates help to attract new customers and deposits. UFB Direct’s money market account just launched in May.

Also, money market accounts dominated the list because they usually offer higher rates in exchange for higher balance requirements to avoid monthly fees. (Money market accounts also offer additional perks including check-writing and online bill pay capabilities.)

Despite the Federal Reserve’s projections of low interest rates until late 2014, some big-name online banks have increased rates in recent weeks. EverBank’s money market rate is one example (was 0.91% APY prior to June 1).

Last month, American Express Bank increased its savings rate from 0.75% APY to 0.85% APY. And, Discover Bank boosted its money market rate from 0.70% APY to 0.75% APY.

They didn’t make the list of the 1%, but it is a good sign for savers.

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