Money Market

Compare Money Market

CIT Bank

• Money Market: 1.80% APY

Pros: High yield No monthly service fees Low opening deposits

Cons: No physical locations No check writing

Our Review: (4.5) Want a high interest rate at a good FDIC insured bank? CIT is tempting, but has some downsides. Read this CIT Bank review before you open an account... Read full review

CIT Bank Bonus Offer: $300 for New and Existing Customers

TIAA Bank

• Money Market: 1.01% - 1.55% APY depending on balance. 1-year 1.75% intro APY on balances up to $250,000. No monthly service fee. Minimum deposit of $500.

Pros: High intro APY No monthly service fees Refund ATM fees

Cons: Large minimum deposit Intro rate only for one year

Our Review: (4.3) If you have a large opening deposit, TIAA Bank provides a variety of options at high introductory rates. But there are downsides. Read on to see if it's right for you... Read full review

Yield Pledge Checking

UFB Direct

• Money Market: 1.70% APY for balances of $25,000 and above.

UFB High Yield Savings - Earn up to 1.70% APY

Discover Bank

• Money Market: 1.35% APY under $100,000; 1.40% APY $100,000 or more. $2,500 minimum deposit.

Pros: High yield Cashback checking 24/7 customer service

Cons: No interest checking $2,500 minimum deposit for CDs

Our Review: (4.8) Discover offers high interest rates on its online savings and CD accounts. But there are downsides. Here's what you need to know before you open an account... Read full review

Discover Online Savings - $200 Cash Bonus

Axos Bank

• Money Market: 1.05% APY. No minimum balance requirements. No fees to open or maintain account.

If the perfect checking account for you is one with no monthly fees while offering rewards, you may have found your match with Axos Bank... Read full review

Rewards Checking

NBKC Bank

• Money Market: 1.01% APY on balances up to $1 Million. $5 to open, no monthly service fees

Tired of losing your hard-earned money to banking fees? Consider nbkc bank. They make it easy to save, spend, and transfer money online with no-fee bank accounts. Learn everything you need to know about nbkc below... Read full review

Synchrony Bank

• Money Market: 0.90% APY. No monthly service fee and no minimum deposit.

Pros: Savings with ATM card High APY All balance tiers receive same rate

Cons: No checking account $2,000 minimum deposit for CDs Limited customer service hours

Our Review: (4.3) Synchrony offers some of the highest savings and CD rates. But there are downsides. Read this review before you open an account... Read full review

High Yield Savings - 1.50% APY

Santander Bank

• Money Market: 0.10% - 0.52% APY. Must be Santander Premier Plus Checking Account holder. Minimum deposit of $25. No monthly fee.

Pros: Easy to waive monthly fees High APY for CDs Free student checking

Cons: Low interest for Premier Plus Checking

Our Review: (3.8) If you're in the Northeast, Santander Bank offers solid basic checking and savings options, as well as competitive rates for CDs. Read on to see if it fits your needs... Read full review

Individual Retirement Account (IRA) - $1,000 Bonus

Ally Bank

• Money Market: 0.75% APY

Pros: CD options No account minimums Good customer service

Cons: Low Checking APY for lower balance customers

Our Review: (4.4) Ally Bank offers good interest rates and no account minimums. But is this popular online bank good for you? Learn the benefits (and drawbacks) here... Read full review

Online Savings Account - 1.50% APY

Fifth Third Bank

• Money Market: 0.01% - 0.05% APY Standard Rate (0.02% - 0.10% APY Relationship Rate). No minimum deposit. Monthly service charge of $5, unless 1) you have a Fifth Third Checking Account or 2) you maintain an average monthly balance of $500 or more, or 3) you or someone under age 18 is an owner of the account, or 4) you are enrolled in Fifth Third Military Banking

Pros: Free Express Checking Free student checking Promo CD with high APY

Cons: Higher balance requirements Low savings APY Limited branches

Our Review: (3.3) Fifth Third Bank has higher balance requirements and high service fees if they're not met. But it offers some unique programs. Read on to see if Fifth Third Bank is a good fit for you... Read full review

Huntington Bank

• Money Market: 0.05% APY (0.29% APY - 0.31% APY Relationship rates depending on the account) for amounts of $25,000 to $2,000,000. $25 monthly maintenance fee unless there is 1) average daily balance of $25,000, or 2) linked to a Huntington 5 or Huntington 25 Checking account.

Pros: Free checking option 24-hr grace for overdrafts All day deposit 24-hr customer service

Cons: Limited branches Low savings APY

Our Review: (3.9) Huntington Bank provides great accounts benefits like free Overdraft Protection Transfers and 24/7 customer service. Read on to see if this bank is right for you... Read full review

Business Checking Account - $200 Bonus

TD Bank

• Money Market: 0.03% - 0.20% APY (up to 0.25% for Rate Bump APY) for amounts up to $250,000. No minimum deposit. $11 or $12 monthly maintenance fee waived if 1) minimum $2000 balance or 2) over 62 years old.

Pros: Extended banking hours Low requirements to waive monthly fees No foreign transaction fees

Cons: No free checking Low APY Only on East Coast

Our Review: (3.9) TD Bank offers extended customer hours and easy online banking. Are these perks worth it? Find out what makes TD Bank a great choice for you and some reasons to look elsewhere... Read full review

TD Beyond Checking

M&T Bank

• Money Market: M&T MyChoice Money Market account Regular rate of 0.03% - 0.29% APY, Premium rate of 0.03% - 0.33% APY for qualifying customers.

Pros: Free checking option High APY for Promo CD Free savings with checking

Cons: Fee heavy Subpar savings APY Limited branches

Our Review: (3.4) If you are on the upper East Coast, you probably see M&T Bank frequently. With a free checking option and a range of deposit accounts, does it meet your needs?... Read full review

Personal Checking Account - Up to $250 Bonus

Citibank

• Money Market: A.k.a 'Savings Plus' Account. 0.01% - 0.10% APY. Minimum opening deposit $100.

Pros: Perks for high balance customers Many fee-free ATMs Global presence

Cons: No free checking option Higher balance requirements Low savings APY

Our Review: (3.5) Citibank offers credit cards and banking services. But service fees and balance requirements are on the high side. Is it the right bank for you? Read this review to find out... Read full review

Citigold Package - $1,500 Bonus

Citizens Bank

• Money Market: Several types of Money Market accounts. 0.01% - 0.10% APY. No minimum opening deposit. Monthly maintenance fee of $10, unless you have a minimum daily balance of $2500. Other Money Market accounts have no monthly maintenance fee but require qualifying Citizens Bank Checking Account.

Pros: One Deposit Checking GoalTrack Savings 24/7 customer service

Cons: Low APY Heavy overdraft fees Limited branches

Our Review: (3.8) Are you looking for a bank that will not only keep your money, but also help push you to meet your financial goals? If so, you may want to consider Citizens Bank... Read full review

Checking and Savings Account - $600 Bonus

US Bank

• Money Market: 0.01% - 0.05% APY, depending on amount. Minimum opening deposit $100. Monthly maintenance fee $10 unless you have $10,000 minimum daily ledger balance.

Pros: Promo CD with high APY Free student account 24/7 customer service

Cons: High minimums to waive fees Low savings APY

Our Review: (3.7) U.S. Bank is the country's fifth largest bank, but does that make them a bank that will suit your banking needs? Do you need one of the country's largest banks or is a smaller bank more your style?... Read full review

Consumer Checking Account - $300 Bonus

PNC Bank

• Money Market: 0.02% - 0.05% APY. Minimum deposit is $100. Maximum deposit is $10,000. Monthly service charge of $12 unless you have $5,000 average monthly balance.

Pros: Virtual Wallet tools Relatively easy to waive fees Free student account

Cons: Limited branches Low APY

Our Review: (3.5) PNC Bank has relatively low requirements to waive fees and offers many financial tools to help you meet savings goals. Read on to see if this East Coast bank is right for you... Read full review

Virtual Wallet with Performance Select Checking - $300 Cash Bonus

Wells Fargo

• Money Market: Also known as the Platinum Savings Account. 0.05% APY. Minimum opening deposit of $25. $12 monthly service fee, unless you maintain a minimum daily balance of $3,500. Bonus APY of 0.10% requires account linked to Portfolio by Wells Fargo® relationship.

Wells Fargo offers nationwide access with thousands of ATMs and branch locations. But are their checkings and savings accounts right for you? Read on to see the best options... Read full review

Consumer Checking Account - $400 Bonus

KeyBank

• Money Market: 0.01% APY. $50 minimum opening deposit. Monthly maintenance charge of $12. Can be waived with $5,000 daily balance or monthly direct deposit of at least $25.00 or having a qualifying Key Checking Account.

Pros: HelloWallet financial tools Free checking option 24/7 customer service

Cons: Limited branches High account fees

Our Review: (3.3) Are you looking for a no-frills checking account or maybe a bank that offers relationship banking services/interest rates? You may have found your fit with KeyBank... Read full review

Key Checking Account - $200 Bonus

TCF Bank

• Money Market: 0.01% APY. $50 minimum opening deposit. $10 monthly maintenance fee, unless you have $1500 minimum balance.

Savings Account

Regions Bank

• Money Market: Two types of Money Market accounts - Regions Money Market Account and Premium Money Market Account. Regions Money Market: $12 monthly fee. Premium Money Market: $15 monthly fee.

Pros: $50 to open checking account Relationship Rewards program LifeGreen Savings annual bonus

Cons: No free checking option Limited branches Low savings APY

Our Review: (3.4) Regions Bank offers a variety of deposit products, easy account opening requirements, and special reward programs. Read on to see if this bank is right for you... Read full review

LifeGreen Savings Account – Up to $100 Annual Savings Bonus

SunTrust Bank

• Money Market: Minimum opening deposit $100. Monthly maintenance fee $17 unless 1) one (1) automated transfer ($100 minimum) occurs, OR 2) a minimum daily collected balance of $10,000 is maintained.

Pros: High APY for CDs Free student account Good customer service

Cons: No free checking option Low savings APY Limited branches

Our Review: (3.7) If customer service ranks high on your list, SunTrust Bank may be one you want to check out. While they offer interest rates comparable to most "big banks," they do offer that warm, fuzzy feeling some people look for in a bank... Read full review

SunTrust Business Checking Account - $200 Bonus

Articles on Money Market

Best Money Market Rates
Good money market accounts offer high interest rates with more flexibility. Here are the top money market accounts to earn the most interest.

You might also be interested in

Related: Bank

	How to Open CIT Bank Application Opening an account with CIT Bank is simple. Take a look at what you'll need and check out your account options in our guide.