Institutions with money market accounts that we track ableBanking, Ally Bank, Axos Bank, BankDirect, BankPurely, BankUnitedDirect, BBVA, Bethpage Federal Credit Union, BMO, CFG Bank, CIT Bank, Connexus Credit Union, Discover® Bank, EBSB, First Internet Bank, iGoBanking, Investors eAccess, Ke...
Best Money Market Account Interest Rates As of Nov. 18, 2024, the national average rate for money market accounts was 0.60%, according to the FDIC. One of the best high-yield savings accounts might offer higher APYs. What Is a Money Market Account? A money market account is a type of...
Be sure to check with both banks and credit unions in your area to see if there are any promotions currently available or simply bookmark this page and we constantly check for the best money market accounts nationwide and keeping our list current and useful for our readers. You are allowed ...
You’ll find recommendations on which online savings accounts are the best. You can also get the rundown on how different money market accounts stack up. That’s helpful if you want to see at a glance which banks are paying the best rates and charging the lowest fees. Great if your cash...
The 10 best money market accounts for December 2024 InstitutionAPY*Minimum opening depositSee details Featured partnerBest credit union:Harborstone Credit Union 4.30% $1 View offerat Raisin Best for online banking:Quontic Bank 4.75% $100 View offerat Quontic Best for large nest eggs:First Foundat...
Today's top money market account interest rate is 4.85% from Brilliant Bank. We rank the best money market accounts based on APY every business day.
Current Money Market Account Rates: As of writing, the CIT Bank money market rate is at 4.05% APY. What Holds It Back: Like many other money market accounts, CIT Bank limits you to six withdrawals or automatic transfers per billing cycle. Since CIT Bank is an online bank, you’ll also...
However, top-yielding savings accounts and money market accounts generally have similar yields. Even though national averages on various deposit accounts have been decreasing slightly in 2024, money market account rates in the current cycle are at their highest levels in more than a decade. The ...
However, unlike checking accounts, there may be a limit on the number of withdrawals—usually six—made from your money market account each month. And not all money market accounts come with all the features mentioned above. It’s also not unusual for money market accounts to be tiered, offe...
Go with a money market account if… You want to easily access your funds.As you consider the difference between a money market account and a savings account,note that the debit and check-writing capabilities of money market accounts make them great for accessing your money conveniently. “A mo...