Money Market & Savings Account Rates. Sort by APY, Bank Reviews, Ratings.
MoneyMarket.Bankaholic.com
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Rate hikes you'll like. See yields on Fidelity Money Market Funds.
www.fidelity.com
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No minimums or fees* FDIC insured†Open one today and start saving!
HSBCDirect.com
Earn 3.00% with No Fees or Minimums ING DIRECT-Open in under 5 minutes!
www.ingdirect.com
Savings & More With Deseret Money Market Account. 3.51% APY Rates!
www.ZionsBank.com
Earn 3.50% APY on $10,000 balances. No fees. FDIC Insured.
www.CapitalOne.com/DirectBanking
Leading Money Market companies Top financial institutions ranked.
www.HelloMetro.com
The Strength of Wilmington Trust No Fees. No Minimum Balance.
www.WTDirect.com
with AAA rated, GE Capital Corp. Not an offer of securities for sale
www.geinterestplus.com
SPDR S&P Emerging Market Small Cap ETF-EWX. State Street SPDRs.
StateStreetSpdrs.com
Our Money Market Accounts offer the best of both worlds - you can earn competitive interest rates and still have convenient access to your funds when you need it. Our Online Account Access and Online Bill Payment services make managing your mone...
www.adpfcu.com
Our Business Money Market Account is a convenient investment account available to all businesses. Open your Business Money Market Account with Alliance Bank, maintain the required minimum daily balance, and you will pay no monthly service charge...
www.alliancebankofarizona.com
Money Market & Savings Account Rates. Sort by APY, Bank Reviews, Ratings.
MoneyMarket.Bankaholic.com
At Bank of Internet our money market savings account offers a highly competitive rate, plus the accessibility of a checking account.
www.bankofinternet.com
We offer a choice of Money Market accounts that enable you to keep your short term investments liquid. Our Money Market accounts feature tiered rates, and the excellent service that you expect from Brookline Bank.
www.brooklinebank.com
We know how hard you work for your money and how important it is for you to have a sound, flexible savings program. Our Money Market Account is an investment account that allows limited check-writing.
www.chemicalbankmi.com
Citizens Money Market Account provides liquidity plus preferred interest rates and makes investing easy. Citizens Money Market Account pays interest rates that are among the highest available.
www.citizens1st.com
Direct Federal's Money Market Account earns you a higher rate than top banks and mutual funds. Our Money Market Account not only maximizes your interest rate, it maximizes your flexibility and protection.
www.direct.com
Rate hikes you'll like. See yields on Fidelity Money Market Funds.
www.fidelity.com
M&T eMoney Market offers competitive online interest rates on FDIC insured money market accounts available from M&T Bank.
www.mtbmoneymarket.com
Offers Money Market accounts which are FDIC-insured, up to $100,000 per depositor.
www.netbank.com
We offer a unique tiered Business Money Market account that pays higher interest rates with higher monthly balances. Access your money market funds through Internet Banking, Automated Telephone Banking, in person at any Rainier Pacific branch or...
www.rainierpac.com
Our Sterling Silver Money Market Account is an interest bearing account with limited check-writing privileges.
www.sterlingbancorp.com
Our tiered-rate Money Market account is a great way to earn higher dividends on large savings balances. Our Money Market account pays day-in, day-out dividends based on current money market rates.
www.tvfcu.com
We offer numerous ways to save and earn a competitive return on your money. Our Premier Money Market Account provides members with a higher-yielding savings option, without compromising convenience or security.
www.vcu.com
No minimums or fees* FDIC insured†Open one today and start saving!
HSBCDirect.com
Earn 3.00% with No Fees or Minimums ING DIRECT-Open in under 5 minutes!
www.ingdirect.com
Guide to Business Money Market Accounts
Use a business money market account to build up accessible cashHere are the top three ways a business money market account can benefit your company:
- Save money while earning a higher interest rate than a traditional savings account.
- Tie your MMA into your business checking account and other business accounts for overdraft protection, automatic deposits, and more.
- Withdraw money or close accounts easily without paying penalties.
Action Steps
The best contacts and resources to help you get it done
Compare interest rates for the best overall earnings
Look for the best regular – not introductory – interest rate. An introductory interest rate is usually not the same as the regular rate, which kicks in a couple of months later, and you'll be earning at the regular rate for a much longer time.
I recommend:
Bankrate.com is a great place to find the best rates at specific banks. Enter your state, city, and type of MMA, and violá – you have a side-by-side comparison of local bank MMA offerings with introductory and regular interest rates, and more. At Interest.com, input your info, choose "MMA", and compare rates near you.
Check out minimum requirements
MMAs usually require higher minimum balances and/or higher minimum initial deposits than savings accounts do. Find the right account with requirements your business can meet to avoid penalties. .
I recommend:
Capital One's Business Money Markethas no fees or minimum balance requirements – in fact, you don't even have to visit a bank to open your account! At Netbank, you can open a small business MMA with $1,000, with no minimum balance requirements after the initial deposit.
Choose special features
The features of an MMA vary, so find out specifics before applying for your account. Many business MMAs allow checking account overdraft protection using the MMA funds, special 'deposit only' cards, and the ability to tie your line of credit to the MMA.
I recommend:
Visit Bank of America to learn about their Business Investment Account (MMA), which was designed to complement your business checking account. This MMA offers a business deposit card so your employees can make deposits (but not withdrawals, as with an ATM card).
Find FDIC-insured institutions
Regardless of the interest rate offered, if a bank's accounts are not insured by the Federal Department Insurance Corporation (FDIC) - which guarantees checking/savings accounts in member banks up to $100,000 per depositor – then your money isn't safe.
I recommend:
Check out FDIC-insured Wachovia, which offers a Money Market "Sweeps" account. Each day, excess balances in $1,000 increments, above a target amount, are "swept" from your business checking account into your business MMA.
Tips & Tactics
Helpful advice for making the most of this Guide- Federal regulations limit all money market accounts to a maximum of six pre-authorized withdrawals per month.
- A monthly fee can be charged if a minimum balance is not met, or if you exceed withdrawal or other limitations.
- Make sure you understand your MMA's regulations, penalties, and fees, so your business isn't nickel-and-dimed to death.
- Often the best rates require bigger minimum balances.
