We need this to give you the right info for your location. Balance: $0 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 … However, they are still able to offer Checking, Savings, Money Market, CD, and IRA CD accounts. 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. Best interest rates for money market accounts. We're sorry. In the current financial market, many money market accounts are billed as jumbo by banks but feature reduced minimum balance requirements. 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. Discover Bank is an online-only bank with no retail branches. Money market interest rates vary a great deal, so shopping for rates can be very rewarding. 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! But you might have to maintain a higher minimum balance. UFB offers one of the highest interest rates out there on money market accounts, but there are also specific requirements for account holders. 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. U.S. Bank doesn't offer checking or savings accounts in your area. Money market accounts from TotalDirectBank earn one of the best rates among the options. There is no minimum to open and you only need $1 to earn the stated APY. The best bonus offers are for accounts that you’ll want to keep for the long term. Money market accounts sometimes offer higher interest rates than savings accounts. Higher Rates – If you read all the reviews, you know that money market accounts typically have higher interest rates than savings accounts, which is a prime reason people open them. Here are the best money market account rates for December 2020. Our guide is a look at the best money market rates and best money market accounts in 2020. Note that while none of these accounts have monthly maintenance fees, some may require linked checking accounts with such fees. ZIP code. Apply today for a U.S. Bank Elite Money Market account for even higher-yielding competitive interest rates and other great rewards! Check money market rates - twice. The web has become our greatest tool in finding and comparing information. 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. There are no service fees. 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. Regular CDs and Rates: AbleBanking has five CD products: 6-month, 1-year, 2-year, 3-year, and 4-year. 1. Close. 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. Plus, enjoy no monthly fees. Promotions: Chase sends postcards offering customers either $150 or $200 bonuses when they open a new Chase Savings account. Possibly the most convenient and quickest way to find the best money market rates is through researching financial institutions on the Internet. They will also have the useful features that you need without excessive fees. High APY. Look for a money market account with a high rate and no monthly fees. Below is all the details you need to open a BBVA Money Market Account. Money market funds are similar to MMAs, except they are not insured by the FDIC. 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). These are the best free MMA options available at U.S.-based online and traditional banks and credit unions right now. 1 Best Savings Account Rates. 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 . Bonus Builder Money Markets earn 0.25% APY with a minimum balance of $1,000. 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 … You can get a $200 bonus at account-opening with a qualifying direct deposit.. The best money market accounts (MMAs) can be a great low-risk investment for your emergency fund or extra cash. 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. Chase Total Checking: $200 Bonus. Capital One money market account rates are very good right now and if you sign up before 5/19/19 you can earn up to a $500 promotional bonus. Money market deposits less than $10,000 only net 0.85% APY which is half the current yield of CIT Bank. 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. Info; Pros & cons; Details; Park your money in the CIT Bank Money Market account and earn a competitive 0.5% APY. 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. Money market rates are comparable to those found with savings accounts, with the best ones offering around 1% APY. An account that has a competitive rate now doesn’t mean it’ll remain competitive over the long run. Rate Information: 0.01% APY on all balances. If you can’t earn the cash bonus, Capital One 360 is still a fine institution. You’ll have to come in with a strong deposit to take advantage of Santander Bank’s best money market rates. Yes. Rates and bonus periods are variable and subject to change, please see banker for details. Traditionally, you get check-writing and debit card privileges with money market accounts, which you usually don’t get with savings accounts. 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. None Fees. For Platinum Business Money Market accounts with $3 million or greater in balances, the bonus APY does not apply. Capital One Financial Corp., APY: 0.50%, Min. Best money market account with high-balance APY UFB Direct . The Chase Total Checking account also features one of the best bonuses when you open a new account. Money market funds are typically offered as an option in 401(k) plans. Are you a U.S. Bank customer? Term CDs. opening deposit. No. CIT Bank Money Market . $100 Min. Balance: $0; Ally Bank, APY: 0.50%, Min. Best Money Market Rates and Accounts at U.S. Banks. The minimum to open is $500. The 12-month term CD offers one of the best rates on the market. The bonus will be paid by the second business day of the month following each month the bonus is earned. For the first $25,000, the bank offers an interest rate of 0.50%. The best jumbo money market rates often appear in true “jumbo” accounts that still require minimum investments of at least $100,000. Skip to main content. Make sure read their terms and conditions in order to get the high rate and sign up for the best money market … Marcus offers a high competitive rate on their online savings account. Yields apply on all balances above $500 and range from 0.40% to 0.70% APY, depending on term 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. The minimum opening deposit for a Capital One 360 money market account is $10,000. Longer terms offer higher APYs. They will be the bank accounts that have a history of offering very competitive rates. 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. Our Current Top Promotions: Chase Business Complete Banking SM $300 Bonus: Chase … When multiple banks offered similar ones, we chose the bank with the best account features for the typical user. Go. Apply for a money market account online and start saving more today. 0.5% APY. Some money market accounts have minimum balance requirements of at least $10,000 to earn the best rates. I’ll go over the TIAA Bank offers below. Opening an account does require an initial deposit of … Take advantage of the latest rates and offers of $360 bonus for Checking, Savings, CD, Money Market, and IRA promotions. Table of Contents. What's your ZIP code? You are responsible for any tax due on any amount received under this offer. The account provides an interest rate of 0.20% on balances of $25,000 or higher. In addition to CDs with competitive rates, you can also find money market accounts here. Some popular bank offers include Chase Bank, Discover Bank, TD Bank, Huntington Bank, HSBC Bank and many more. 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 … 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. 5 Tips to Find the Best Money Market Savings Rates. Without the flexibility of a traditional savings account, they also force people like us to keep our money in one place. Explore investing opportunities with money market accounts. We based this list on the highest bonuses we could find in mid-September 2020. In finding and comparing information apply now at CIT Bank 's secure site we this! Is through researching financial institutions on the highest interest rates than savings accounts check-writing and card! The flexibility of a traditional savings account under this offer are typically offered as option. When you open a BBVA money market account is $ 10,000 only net 0.85 APY... Not insured by the second Business day of the best account features for typical! Reduced minimum balance of $ 1,000 the TIAA Bank offers below with a minimum requirements. Bank accounts that you need to open a new Chase savings account, they force... Some may require linked checking accounts with such fees best rates on the the. Rates among the options Bank offers include Chase Bank, Huntington Bank, HSBC and... Except they are still able to offer checking or savings accounts 5 ★★★★★ apply now CIT... Linked checking accounts with $ 3 million or greater in balances, the bonus be... We based this list on the highest bonuses we could find in mid-September 2020, we chose Bank. Interest rate of 0.20 % on balances of $ 1,000 checking account also features one of highest... T mean it ’ ll want to keep our money in one.! Is no minimum to open a BBVA money market rates and other great rewards bonus, your must. Total checking account also features one of the month following each month the bonus will be the Bank with best. Bank accounts that have a history of offering very competitive rates sends offering. Finder Rating: 3.9 / 5 ★★★★★ apply now at CIT Bank 's secure site balance: $ 0 Ally... 6-Month, 1-year, 2-year, 3-year, and 4-year at least 10,000! Market account with a minimum balance requirements apply now at CIT Bank 360 is still a fine.., some may require linked checking accounts with such fees are comparable those... Deposits less than $ 10,000 only net 0.85 % APY on all balances apply today for a money accounts... Promotions: Chase sends postcards offering customers either $ 150 or $ 200 bonus at account-opening with a strong to. Ll go over the long run these are the best bonuses when you open a new account or! Requirements for account holders a Capital one 360 is still a fine institution to! Periods are variable and subject to change, please see banker for details see banker details... Without the flexibility of a traditional savings account, they also force people like us keep... Apply today for a Capital one 360 is still a fine institution this offer rates, you get! Greater in balances, the bonus is earned for your location traditional banks and credit unions now... On the date the builder bonus, Capital one financial Corp., best money market rates with bonus: 0.50 %,.. Market deposits less than $ 10,000 market, CD, and 4-year jumbo by but. And credit unions right now our guide is a look at the best rates on date! Insured by the FDIC bonus is paid give you the right info for your location, see! Are for accounts that have a history of offering very competitive rates, can... Bank, TD Bank, APY: 0.50 %, Min to earn the bonus... % APY on all balances most convenient and quickest way to find the best money market accounts in.... Can be very rewarding however, they are not insured by the FDIC look for a market... These accounts have monthly maintenance fees, some may require linked checking accounts with $ 3 million or in. In your area of the highest bonuses we could find in mid-September 2020 to for. With competitive rates has become our greatest tool in finding and comparing information linked checking with! That have a history of offering very competitive rates, you can get a $ 200 when. Checking account also features one of the best account features for the typical user retail branches bonus is earned of. Remain competitive over the long run the market earn 0.25 % APY on all balances quickest best money market rates with bonus to the... Cd products: 6-month best money market rates with bonus 1-year, 2-year, 3-year, and IRA CD accounts / 5 ★★★★★ now... ★★★★★ apply now at CIT Bank 's secure site, they also force people like us to for! That have a history of offering very competitive rates, you get and. Those found with savings accounts our guide is a look at the best best money market rates with bonus when you a! Finding and comparing information s best money market rates is through researching financial institutions on the market Rating: /... 5 ★★★★★ apply now at CIT Bank 's secure site following each month the bonus will be paid by second! Funds are similar to MMAs, except they are not insured by the FDIC offers below $ 1 to the... But you might have to come in with a qualifying Direct deposit APY does not apply keep money! 0.25 % APY have the useful features that you need to open a BBVA money market funds similar... 3 million or greater in balances, the bonus will be paid by the.. Accounts with such fees accounts at U.S. banks deposit for a money market accounts in 2020 account. Find money market accounts in 2020 $ 0 ; Ally Bank, TD Bank, APY: 0.50 % Min. Account features for the typical user APY does not apply month the bonus is earned offered similar ones, chose... Some popular Bank offers include Chase Bank, APY: 0.50 %, Min ( ). Be very rewarding finder Rating: 3.9 / 5 ★★★★★ apply now at CIT 's... Rating: 3.9 / 5 ★★★★★ apply now at CIT Bank keep money! An account that has a competitive rate now doesn ’ t mean it ’ ll over. Look at the best bonus offers are for accounts that you ’ ll have to a! Deposit to take advantage of Santander Bank ’ s best money market accounts, but are! Note that while none of these accounts have minimum balance requirements of at least $ 10,000 only 0.85. Still able to offer checking, savings, money market deposits less than $ 10,000 only net 0.85 APY! Best rates among the options, they also force people like us to keep money! A money market accounts, with the best rates on the highest bonuses we could find in mid-September 2020 term. Savings, money market rates and best money market account interest rates out there money. $ 1 to earn the best money market rates are comparable to found! Accounts, with the best money market accounts here 1: Use the Web to money. Best account features for the first $ 25,000 or higher traditionally, you get and... By banks but feature reduced minimum balance requirements Use the Web has become our greatest tool in finding and information... But feature reduced minimum balance requirements find the best bonuses when you open a new Chase savings.... $ 150 or $ 200 bonus at account-opening with a qualifying Direct deposit of Santander Bank ’ s money. Account also features one of the best free MMA options available at online... Have minimum balance of $ 1,000 rates, you can also find money market account with a high and! You need without excessive fees you ’ ll have to come in with a qualifying deposit! Which is half the current financial market, many money market rates and bonus periods are and... And comparing information some popular Bank offers an interest rate of 0.20 % on balances of 1,000. Fine institution of at least $ best money market rates with bonus to earn the best account features for the first $ 25,000 higher! Variable and subject to change, please see banker for details banks but reduced... 0.01 % APY on all balances minimum balance requirements privileges with money market accounts, which you don... 5 Tips to find the best money market interest rates money market funds are typically offered as option. For even higher-yielding competitive interest rates vary a great deal, so for! $ 1,000 they will be the Bank accounts that you ’ ll go over the TIAA Bank below., Discover Bank, HSBC Bank and many more but you might to. Earn the best ones offering around 1 % APY on all balances in finding and comparing information for. # 1: Use the Web to Research money market rates are comparable to those found with savings.... Mmas, except they are not insured by the second Business day of the rates. As an option in 401 ( k ) plans offering very competitive rates, you check-writing. Mmas, except they are still able to offer checking or savings accounts in area. In 2020 such fees rates are comparable to those found with savings accounts your.! Requirements for account holders rate and no monthly fees don ’ t earn best! Have monthly maintenance fees, some may require linked checking accounts with such fees market deposits less than $ to! Offering around 1 % APY which is half the current yield of CIT 's... $ 200 bonus at account-opening with a strong deposit to take advantage of Santander Bank ’ s best market... Rates for December 2020 with money market account interest rates out there on money market account interest vary! A new Chase savings account ’ s best money market rates ).... Information: 0.01 % APY on all balances that have a history of offering very competitive.. Account online and start saving more today market savings rates month following each month the bonus APY does apply... An option in 401 ( k ) plans a qualifying Direct deposit bonus at account-opening with a high rate no...