To receive the builder bonus, your account must be open on the date the builder bonus is paid. Finder Rating: 3.9 / 5 ★★★★★ Apply now at CIT Bank's secure site. The web has become our greatest tool in finding and comparing information. Best interest rates for money market accounts. Balance: $0 We're sorry. In addition to CDs with competitive rates, you can also find money market accounts here. Money market funds are typically offered as an option in 401(k) plans. They offer better interest rates than personal savings accounts, but are more liquid than certificates of deposit (CDs).You can find the best money market account rates available using our tool below. Regular CDs and Rates: AbleBanking has five CD products: 6-month, 1-year, 2-year, 3-year, and 4-year. Rates and bonus periods are variable and subject to change, please see banker for details. But you might have to maintain a higher minimum balance. Best high-yield online savings accounts Best savings accounts Best CD rates Best checking accounts Best money market accounts Best cash management accounts Best bonuses and promotions Best … Plus, enjoy no monthly fees. Apply for a money market account online and start saving more today. Promotions: Chase sends postcards offering customers either $150 or $200 bonuses when they open a new Chase Savings account. None Fees. You can get a $200 bonus at account-opening with a qualifying direct deposit.. Explore investing opportunities with money market accounts. Below is all the details you need to open a BBVA Money Market Account. I’ll go over the TIAA Bank offers below. They will also have the useful features that you need without excessive fees. UFB offers one of the highest interest rates out there on money market accounts, but there are also specific requirements for account holders. Yields apply on all balances above $500 and range from 0.40% to 0.70% APY, depending on term 1.1 Aspiration Spend & Save $100 Bonus + 1.00% APY; 1.2 Chase SavingsSM $150 Bonus; 1.3 Axos Bank High-Yield Savings 0.61% APY; 1.4 Axos Bank High Yield Money Market 0.60% APY; 1.5 American Express High Yield Savings 0.50% APY; 1.6 Discover Bank Online Savings 0.50% APY; 1.7 CIT Bank Money Market 0.50% APY; 1.8 Simple Account … Yes. Info; Pros & cons; Details; Park your money in the CIT Bank Money Market account and earn a competitive 0.5% APY. Even though rates are subject to change at any time, the America's Best Rates research by MoneyRates.com shows that most banks offering the best money market rates tend to be among the leaders year after year. The 12-month term CD offers one of the best rates on the market. Balance: $0; Ally Bank, APY: 0.50%, Min. While the opening deposit is just $25, you’ll need a minimum balance of at least $100,000 to qualify for a high interest rate of 0.32% APY. Tip #1: Use the Web to Research Money Market Account Interest Rates . We based this list on the highest bonuses we could find in mid-September 2020. Marcus offers a high competitive rate on their online savings account. Check money market rates - twice. An account that has a competitive rate now doesn’t mean it’ll remain competitive over the long run. The Chase Total Checking account also features one of the best bonuses when you open a new account. You’ll have to come in with a strong deposit to take advantage of Santander Bank’s best money market rates. When you have a Rewards or Ultra Checking account, we’ll add 0.25% APY to your Money Market rate 1, making it a total earning of 0.50% APY. Offer is valid for new US Bank accounts only, not subject to other business savings accounts, or savings account transfers into the U.S. Bank Platinum Business Money Market. Some money market accounts offer more ways access deposits by issuing checks and debit cards, but prudent consumers will compare the two interchangeably, focusing primarily on rates and service among FDIC-insured banks (or NCUA-insured, for credit unions). You are responsible for any tax due on any amount received under this offer. Discover Bank's Money Market Account earns a 0.35% APY when the account's balance is under $100,000, though that rate jumps to 0.40% when the balance crosses the $100,000 threshold.There is a $2,500 minimum opening balance for the aforementioned APYs. These are the best free MMA options available at U.S.-based online and traditional banks and credit unions right now. The current money market account rate at Capital One is 2.00 percent, more than eleven times the FDIC national average MMA rate of 0.18 percent. If you would like to see other savings products to expand your savings portfolio, check out our Best Bank Rates & Best CD Rates nationwide and statewide! Bonus Builder Money Markets earn 0.25% APY with a minimum balance of $1,000. But it’s important to research the most attractive options before shifting your money because interest rates are so low that the bonus needs to make the effort worthwhile. We need this to give you the right info for your location. The minimum to open is $500. Capital One Financial Corp., APY: 0.50%, Min. In the current financial market, many money market accounts are billed as jumbo by banks but feature reduced minimum balance requirements. Look for a money market account with a high rate and no monthly fees. U.S. Bank doesn't offer checking or savings accounts in your area. If you can’t earn the cash bonus, Capital One 360 is still a fine institution. There is no minimum to open and you only need $1 to earn the stated APY. Chase Total Checking: $200 Bonus. Money market deposits less than $10,000 only net 0.85% APY which is half the current yield of CIT Bank. Go. Money market accounts from TotalDirectBank earn one of the best rates among the options. CIT Bank Money Market . Opening an account does require an initial deposit of … The bonus will be paid by the second business day of the month following each month the bonus is earned. Discover Bank is an online-only bank with no retail branches. 1 Best Savings Account Rates. The best bonus offers are for accounts that you’ll want to keep for the long term. Without the flexibility of a traditional savings account, they also force people like us to keep our money in one place. Possibly the most convenient and quickest way to find the best money market rates is through researching financial institutions on the Internet. Money market accounts sometimes offer higher interest rates than savings accounts. Money market rates are comparable to those found with savings accounts, with the best ones offering around 1% APY. Here are the best money market account rates for December 2020. $100 Min. Table of Contents. However, they are still able to offer Checking, Savings, Money Market, CD, and IRA CD accounts. Close. For the first $25,000, the bank offers an interest rate of 0.50%. If you need a place to store your emergency fund or other liquid savings, hopefully our Best Money Market Accounts list above will work for you. The account provides an interest rate of 0.20% on balances of $25,000 or higher. This account has a $12 monthly service fee which you can avoid by scheduling a recurring direct deposit of $500, maintaining a minimum balance of $1,500 at the beginning of each … When multiple banks offered similar ones, we chose the bank with the best account features for the typical user. Our Current Top Promotions: Chase Business Complete Banking SM $300 Bonus: Chase … They will be the bank accounts that have a history of offering very competitive rates. The minimum opening deposit for a Capital One 360 money market account is $10,000. Traditionally, you get check-writing and debit card privileges with money market accounts, which you usually don’t get with savings accounts. To earn the bonus, you must deposit a total of $10,000 or more in new money within 10 days & maintain a $10,000 balance for 90 days. 5 Tips to Find the Best Money Market Savings Rates. Make sure read their terms and conditions in order to get the high rate and sign up for the best money market … The best jumbo money market rates often appear in true “jumbo” accounts that still require minimum investments of at least $100,000. High APY. For Platinum Business Money Market accounts with $3 million or greater in balances, the bonus APY does not apply. There are no service fees. 1. Best money market account with high-balance APY UFB Direct . With a BBVA Money Market Account, you’ll get all the benefits of a traditional savings account—like easy access to your money—with a higher interest rate to grow your money faster. Some popular bank offers include Chase Bank, Discover Bank, TD Bank, Huntington Bank, HSBC Bank and many more. Longer terms offer higher APYs. The best money market accounts (MMAs) can be a great low-risk investment for your emergency fund or extra cash. No. Some money market accounts have minimum balance requirements of at least $10,000 to earn the best rates. Term CDs. Apply today for a U.S. Bank Elite Money Market account for even higher-yielding competitive interest rates and other great rewards! Rate Information: 0.01% APY on all balances. Are you a U.S. Bank customer? To maximize your monthly interest, a 360 Money Market account is only the best option if you can deposit at least $10,000 so you’ll earn 1.50% APY, plus the cash bonus. Take advantage of the latest rates and offers of $360 bonus for Checking, Savings, CD, Money Market, and IRA promotions. Best Savings/Money Market rates; Best CD Account rates; If you are not eligible for these promotions, use our bank bonuses page to find other offers. Note that while none of these accounts have monthly maintenance fees, some may require linked checking accounts with such fees. Our guide is a look at the best money market rates and best money market accounts in 2020. Money market funds are similar to MMAs, except they are not insured by the FDIC. Money market interest rates vary a great deal, so shopping for rates can be very rewarding. What's your ZIP code? We have reviewed various money market account offers from banks and credit unions across the nation and complied the Best Money Market Rates for 2020. 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