Skip Your Bank! These 7 Options Will Make You MUCH More Money.
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Because of how they work, money market accounts tend to offer than typical savings accounts but still come with FDIC insurance, so you know your account is safe.
Money market accounts invest your funds like a mutual fund, but deposits can only to go into very low-risk investments like government bonds.
Money market accounts allow check writing, but like a savings account, there is a limit of six withdrawals per month.
A combination best rates for money market interest rates and account features make money market accounts attractive in available phones in slot circumstances.
We also evaluated the best places to open an account and took into consideration minimum account balances, fees, and more.
At the top of the money market rate listing is VirtualBank.
The VirtualBank eMoney Market account offers an introductory rate 2.
The account has low minimums to open and avoid fees and the top interest rate in the industry.
But outside of that, it is a simple and easy account to maintain.
Like most money market accounts, it comes with access to online and mobile banking.
VirtualBank is a division of IBERIABANK located in Louisiana.
The Money Market Special 3 account from EBSBDirect offers an impressive 1.
EBSBDirect is the online banking arm of East Boston Savings Banks.
CIT Bank is not new to top bank and rate lists, and its current 1.
This account offers many of the benefits of a checking account at CIT Bank, including bill pay and People Pay.
Want to learn more?
This account offers online and mobile banking, top interest rates, and free withdrawals at learn more here in the Allpoint network.
One fun and standout feature here is the green and philanthropic initiatives of BankPurely.
For each new PurelyMoneyMarket account opened, they will plant a tree!
With this account not only are you saving your money, you are doing a little bit to save the planet.
Sallie Mae is best known for its student loan business, but Sallie Mae offers a range of savings accounts in addition to student loans.
The money market account offers interest rates at a respectable 2.
Sallie Mae often gets a bad rap due to its student loan practices, but best rates for money market continue reading market account leaves little to complain about.
Because Sallie Mae is so tightly connected to higher education, it available phones in slot some resources that make saving for college easier and less ambiguous.
If you want to save for casino game to win in a low-risk account, consider the money market account at Sallie Mae.
Premier Members Credit Union currently offers up to 4.
But unlike some accounts on this list that pay more for higher balances, Premier Members Credit Union pays higher interest rates on lower balances.
Interest rates go down as you add more to your account.
This means your rate varies based on your deposit size.
As a savings account, you get up to six withdrawals per month and the account is FDIC insured.
Customers Bank is based in Wyomissing, Pennsylvania and has a history of serving individuals and small- to medium-sized businesses primarily on the East Coast and in Illinois.
This promotional rate is available for new accounts and new deposits to iGoBanking only.
Sorry to existing customers, you may not qualify for this great rate.
This FDIC-insured account comes with online banking, a debit Mastercard, and an option to available phones in slot up recurring transfers.
Where Is The Best Place To Park My Money?
Jumbo money market accounts typically require a minimum deposit amount of $100,000. However, the best rates often have little-to-no minimums. Check out which accounts offer you the best rate for your money.
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