Best Money Market Rates

Best Money Market Rates

Money market accounts are a popular investment option for many people looking to earn a higher yield on their savings while maintaining easy access to their funds. But with so many options out there, it can be difficult to determine which money market accounts offer the best interest rates. In this article, we'll take a closer look at some of the top money market rates currently available.

First on the list is Ally Bank's money market account, which currently offers an APY of 0.60%. This account requires no minimum deposit to open and doesn't charge any monthly maintenance fees. Additionally, the account comes with a debit card and check-writing privileges, making it easy to access your funds whenever you need them.

Next up is Sallie Mae's money market account, which currently offers an APY of 0.50%. This account requires a minimum opening deposit of $0 and doesn't charge any monthly maintenance fees. Additionally, the account comes with a free ATM card and online banking access, making it easy to manage your funds from anywhere.

Another great option is Capital One's money market account, which currently offers an APY of 0.50%. This account requires a minimum opening deposit of $10,000, but doesn't charge any monthly maintenance fees. Additionally, the account comes with a checkbook and online banking access, making it easy to manage your funds.

For those looking for a high-yield option, consider MemoryBank's money market account, which currently offers an APY of 0.75%. This account requires a minimum opening deposit of $50 and doesn't charge any monthly maintenance fees. Additionally, the account comes with a debit card and online banking access, making it easy to manage your funds.

Lastly, American Express National Bank's money market account is another great option, currently offering an APY of 0.50%. This account requires a minimum opening deposit of $0 and doesn't charge any monthly maintenance fees. Additionally, the account comes with a debit card and checks, making it easy to access your funds whenever you need them.

When considering which money market account to choose, it's important to not only look at the interest rate being offered, but also the fees associated with the account and any additional features like check-writing or ATM access. Ultimately, the best money market account for you will depend on your individual financial goals and needs.