Earn a higher rate of interest with a lower balance than a Momentum Money Market or a certificate of deposit. Start earning interest with a balance as little as $1. A Money Market Account is one of the best savings account for earning higher interest rates, while keeping your money accessible. Z. Minimum Opening. Minimum 

With its combination of high interest rates and customer-pleasing perks, the BBVA Money Market Account is the one to beat. The 1.25% APY is among the best money market rates available, and it applies to any balance. You can open your BBVA account with just $25, making it a great MMA to use when you’re beginning your savings journey. UFB Direct's Premium Money Market Account has a very high rate, but only on accounts with $25,000 or more. And you need to maintain a $5,000 average daily balance in order to avoid monthly fees. 1.80% APY for balances of $25,000 and above. Best Guaranteed Rate for One Year: VirtualBank eMoney Market - 2.15% APY. At the top of the money market rate listing is VirtualBank. The VirtualBank eMoney Market account offers an introductory rate 2.15% APY guaranteed for one year to new account holders. Vanguard Federal Money Market Fund has a 0.11% expense ratio (as of December 31, 2018) and invests mostly in short-term U.S. government securities, including Treasuries and agencies. A $3,000 minimum initial investment is required for a mutual fund account (no minimum if you're using the fund as your brokerage settlement fund). The best money market rates today pay interest in the top 5% of all deposit accounts. These rates come from online banks. Here’s our list of the top 5. I’ve never been a big saver. And that’s especially when it comes to putting money into an online savings account or money market. Although the interest rate paid to a money market account may not be high relative to other investment options, both money market deposit accounts and money market mutual funds may provide more The Best Money Market Accounts in 2020. #1: BBVA Money Market Account Rate. With its combination of high interest rates and customer-pleasing perks, the BBVA Money Market Account is the #2: Sallie Mae Money Market Account Rate. #3: TIAA Bank Yield Pledge Money Market Account Rate.

Credit Unions can offer savings and money market rates that are competitive not only with local banks, but also sometimes with the best rates at online savings banks. The table below lists the best rates at credit unions near you. If you click on the credit union’s name, you’ll be taken to more information about its locations and operations.

Explore money market savings accounts (MMSAs) rates and options from Navy Federal Set aside money to earn at a higher rate than a savings account. 25 Jun 2019 Which type of account offers the highest interest rates? You'll generally find that savings accounts offer higher interest rates than money market  3 Dec 2019 Institution, Money Market Account, Standard Rate (APY), Minimum higher fees, the U.S. Bank Package Money Market Savings account is a  Minimum to earn interest is $1; Higher interest rates with higher balances; Unlimited to a Premiere Money Market account to earn the relationship interest rate. Earn a higher rate of interest with a lower balance than a Momentum Money Market or a certificate of deposit. Start earning interest with a balance as little as $1. A Money Market Account is one of the best savings account for earning higher interest rates, while keeping your money accessible. Z. Minimum Opening. Minimum 

The 7-day SEC yield for Vanguard Prime Money Market Fund and, according to the FDIC weekly national rates and rate caps External site, the national average 

1 Mar 2020 Money market accounts offers accountholders savings-like yields with be aware that product availability and interest rates may vary by state. 2 Jan 2020 Because of how they work, money market rates tend to be higher than of interest rates and account features make money market accounts  We evaluate money market accounts based on their annual percentage rate (the market picks because they consistently have one of the highest interest rates  30 Jul 2019 Placing funds in a money market account may provide a higher interest rate than a savings account because of the underlying securities of the 

1 Mar 2020 CIT Bank has one of the highest money market rates available and Savings accounts have a higher interest rate but you're limited by 

Credit Unions can offer savings and money market rates that are competitive not only with local banks, but also sometimes with the best rates at online savings banks. The table below lists the best rates at credit unions near you. If you click on the credit union’s name, you’ll be taken to more information about its locations and operations.

15 Mar 2018 Money market account interest rates are higher than most savings accounts because certain federal laws allow banks to invest these funds in 

The Best Money Market Accounts in 2020. #1: BBVA Money Market Account Rate. With its combination of high interest rates and customer-pleasing perks, the BBVA Money Market Account is the #2: Sallie Mae Money Market Account Rate. #3: TIAA Bank Yield Pledge Money Market Account Rate. For example, a money market account may offer a 1.60% interest rate, but the account holder might have to open their account with at least $10,000 to earn the high rate. If the account is opened For example, as interest rates have risen, the yields on most bank money market accounts (which are set by the banks themselves) have stayed relatively flat, while money market mutual fund yields

What to do: Apply for your first Discover Online Savings Account by 10/7/19, 11:59 PM ET, online or by phone. Enter Offer Code NW919 when applying. Deposit into your account a total of at least $15,000 to earn a $150 Bonus or deposit a total of at least $25,000 to earn a $200 Bonus.