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Money Market


Compare Money Market

Pacific Western Bank

  • Money Market: 5.27% APY

UFB Direct

  • Money Market: Up to 5.25% APY
  • ATMs: Free withdrawals at 91,000 ATMs across the nation
Pros:
  • Competitive APYs
  • Easy online banking
Cons:
  • Limited transactions
  • No physical locations

Our Review: StarStarStarStarStarEmpty Star (4.3) UFB Direct offers high interest rates. But is it a safe choice? Find out in this review... Read full review

UFB Secure Savings - Earn up to 5.25% APY

All America Bank

  • Money Market: 5.05% APY on balances up to $50,000; 0.50% APY on balances over $50,000. $500 to open.

Quontic

  • Money Market: 5.00% APY
Pros:
  • No monthly service fee
  • High interest rate
Cons:
  • Basic mobile app
  • $5/mo inactivity fee

Our Review: StarStarStarStarStarEmpty Star (4.3) Quontic Bank aims to provide a better experience (and rewards) for those underserved by traditional banks. Review the rates, fees, and customer reviews... Read full review

High Yield Savings - 4.50% APY

TIAA Bank

  • Money Market: Up to 4.75% APY. No monthly service fee. Minimum deposit of $500.
Pros:
  • High APY
  • No monthly service fees
  • Refund ATM fees
Cons:
  • Large minimum deposit

Our Review: StarStarStarStarStarEmpty Star (4.2) If you have a large opening deposit, TIAA Bank provides a variety of options at high rates. But there are downsides. Read on to see if it's right for you... Read full review

Prime Alliance Bank

  • Money Market: 4.50% APY. $1 to open

Ally Bank

  • Money Market: 4.40% APY
  • ATMs: Over 43,000 no-fee Allpoint ATMs
Pros:
  • CD options
  • No account minimums
  • Good customer service
Cons:
  • Low Checking APY for lower balance customers

Our Review: StarStarStarStarStarEmpty Star (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 - 4.25% APY

Discover Bank

  • Money Market: 4.20% APY under $100,000; 4.25% APY $100,000 or more. $2,500 minimum deposit.
  • ATMs: Over 60,000 no-fee ATMs
Pros:
  • High yield
  • No fees
  • 24/7 customer service
Cons:
  • No interest checking
  • $2,500 minimum deposit for CDs

Our Review: StarStarStarStarStarEmpty Star (4.6) 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

Affinity Plus Credit Union

  • Money Market: 3.50% APY on balances up to $25,000; 3.00% APY on balances over $25,000. No minimum opening deposit.

NBKC Bank

  • Money Market: 2.75% APY on all balances. $0 to open, no monthly service fees
  • ATMs: Free withdrawal at over 32,000 MoneyPass® ATMs nationwide

Wells Fargo

  • Money Market: Also known as the Platinum Savings Account. 0.25% - 2.50% APY. Minimum opening deposit of $25. $12 monthly service fee, unless you maintain a minimum daily balance of $3,500. Bonus APY of 2.51% requires account linked to Portfolio by Wells Fargo relationship.
  • ATMs: More than 12,000 ATMs across the country.
Pros:
  • Low requirements for Everyday Checking
  • Full service bank
  • 24/7 customer service
Cons:
  • Low savings rates
  • Not in all states

Our Review: StarStarStarStarEmpty StarEmpty Star (3.9) 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

IRA Certificate of Deposit - Up to 4.50% APY

Synchrony Bank

  • Money Market: 2.25% APY. No monthly service fee and no minimum deposit.
  • ATMs: Any ATMs with Plus or Accel logos
Pros:
  • Savings with ATM card
  • High APY
  • All balance tiers receive same rate
Cons:
  • No checking account
  • Limited customer service hours

Our Review: StarStarStarStarStarEmpty Star (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 - 4.75% APY

CIT Bank

  • Money Market: 1.55% APY
  • ATMs: No ATM fees from CIT Bank. Up to $30 in other banks' ATM fees reimbursed per month (for eChecking Account)
Pros:
  • High savings APY
  • No monthly fees
  • Low opening deposits
Cons:
  • No check writing

Our Review: StarStarStarStarStarEmpty Star (4.4) CIT Bank offers a high interest rate. But how reliable is this online bank? Read this review to find out if what you heard is true... Read full review

CIT Bank Platinum Savings

BMO Bank

  • Money Market: 1.00% APY. $25 minimum opening deposit. $10 monthly fee, waived with a $5,000 minimum daily balance.
  • ATMs: 40,000+ BMO and Allpoint ATMs
Pros:
  • Free checking with eStatements
  • Large ATM network
  • Good financial tools
Cons:
  • Limited branches
  • Low savings APY

Our Review: StarStarStarHalf StarEmpty Star (3.5) BMO offers low fees and a large ATM network. But savings rates are low. However, the strong features can still make it a good bank for you. Read on... Read full review

BMO Smart Advantage Checking - $400 Cash Bonus

FDIC National Average

  • Money Market: 0.63%

Axos Bank

  • Money Market: 0.25% APY
Pros:
  • Checking with rewards
  • No monthly fee
  • Domestic ATM rebates
Cons:
  • Low CD rates
  • No physical branches

Our Review: StarStarStarStarEmpty Star (4.0) Axos Bank offers full-service banking completely online with no fees. Find out below whether they can replace your traditional bank account... Read full review

Rewards Checking - Up to 3.30% APY

Santander Bank

  • Money Market: 0.03% - 0.05% APY. Must be Santander Premier Plus Checking Account holder. Minimum deposit of $25. No monthly fee.
  • ATMs: Over 2000 ATMs throughout the Northeast, including in many CVS/pharmacy® locations
Pros:
  • Easy to waive monthly fees
  • High APY for CDs
  • Free student checking
Cons:
  • Low interest for Premier Plus Checking

Our Review: StarStarStarStarEmpty StarEmpty Star (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

Personal Checking Account - $400 Bonus

Citizens Bank

  • Money Market: Several types of Money Market accounts. 0.01% 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.
  • ATMs: More than 3,400 ATMs across 14 states.
Pros:
  • One Deposit Checking
  • GoalTrack Savings
  • 24/7 customer service
Cons:
  • Low APY
  • Heavy overdraft fees
  • Limited branches

Our Review: StarStarStarStarEmpty StarEmpty Star (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

Citizens Bank High Yield Online Savings - 4.50% APY

Marcus by Goldman Sachs

  • Money Market: N/A
  • ATMs: None

Marcus by Goldman Sachs offers savings accounts and CDs at high interest rates. But don't expect accounts with a lot of bells and whistles. Read on for the pros and cons... Read full review

Marcus Online Savings - Earn 4.40% APY

Citibank

  • ATMs: More than 70,000 fee-free ATMs at Citi branches and participating retail locations nationwide, including Target, CVS Pharmacy, Rite aid, Walgreens, Duane Reade and ATMs displaying Allpoint or MoneyPass logo.
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: Citibank, a CreditDonkey partner, offers banking services and credit cards. But service fees and balance requirements are on the high side. Is it the right bank for you?... Read full review

Citi Priority - Earn up to $2,000 Cash Bonus

LendingClub Bank

  • Money Market: N/A
  • ATMs: Unlimited ATM surcharge rebates for ATM fees charged by other banks and ATM owners.
Pros:
  • No monthly service fee
  • Checking rewards
  • ATM fee rebates
  • Early direct deposit
Cons:
  • High minimum balance for rewards
  • Low savings APY

Our Review: StarStarStarStarEmpty Star (4.0) LendingClub Bank (formerly Radius Bank) offers high yield savings and checking accounts. So what's the catch? Read on to see if this online bank is worth it... Read full review

Referral Program - Up to $500 Bonus

SunTrust Bank

  • Money Market: Minimum opening deposit $100. Monthly maintenance fee $12 unless 1) one (1) automated transfer ($100 minimum) occurs, OR 2) a minimum daily collected balance of $10,000 is maintained.
  • ATMs: More than 2160 ATMs across 11 southeastern states and Washington DC.
Pros:
  • High APY for CDs
  • Free student account
  • Good customer service
Cons:
  • No free checking option
  • Low savings APY
  • Limited branches

Our Review: StarStarStarStarEmpty StarEmpty Star (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

KeyBank

  • Money Market: 3.17% blended APY on balances of $25,000 or more. $5,000 minimum opening deposit. Monthly maintenance charge of $20. Can be waived with $25,000 daily balance OR having a relationship package checking account.
  • ATMs: More than 40,000 KeyBank and Allpoint ATMs nationwide
Pros:
  • Key Financial Wellness Review tool
  • Free checking option
  • 24/7 customer service
Cons:
  • Limited branches
  • High account fees

Our Review: StarStarStarStarEmpty StarEmpty Star (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 Select Checking℠ - $200 Bonus

US Bank

  • Money Market: 0.01% APY, depending on amount. Minimum opening deposit $100. Monthly maintenance fee $10 unless you have $10,000 daily ledger balance.
  • ATMs: More than 37,000 ATMs across the country
Pros:
  • Promo CD with high APY
  • Free student account
  • 24/7 customer service
Cons:
  • Low savings APY

Our Review: StarStarStarStarEmpty StarEmpty Star (3.7) Weighing up on banking with U.S. Bank? This comprehensive review covers its pros, cons and how it stacks up against other banks... Read full review

U.S. Bank Smartly® Checking and Standard Savings - Up to $800 Bonus

Huntington Bank

  • Money Market: 0.05% APY 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 Perks or Huntington Platinum Perks Checking account.
  • ATMs: Over 1,700 ATMs
Pros:
  • Free checking option
  • 24-Hour Grace
  • All day deposit
Cons:
  • Limited branches
  • Low savings APY

Our Review: StarStarStarStarEmpty StarEmpty Star (3.9) Huntington Bank provides great accounts benefits like free Overdraft Protection Transfers. Read on to see if this bank is right for you... Read full review

Personal Checking Account - $600 Bonus

Fifth Third Bank

  • Money Market: 0.01% APY Standard Rate (0.01% Relationship Rate)
  • ATMs: Allpoint® and 7-Eleven® network of ATMs. More than 50,000 fee-free ATMs nationwide.
Pros:
  • Free Express Checking
  • Free student checking
  • Promo CD with high APY
Cons:
  • Higher balance requirements
  • Low savings APY
  • Limited branches

Our Review: StarStarStarStarEmpty StarEmpty Star (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

Personal Checking Account - $350 Bonus


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About CreditDonkey
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Editorial Note: Any opinions, analyses, reviews or recommendations expressed on this page are those of the author's alone, and have not been reviewed, approved or otherwise endorsed by any card issuer.

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