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Here are a few places to start when comparing money market accounts for the best MMA rate: Vio Bank — 5.30% APY; $100 minimum deposit. UFB Direct — 5.25% APY; no minimum deposit.
A money market account is a type of interest-bearing account that combines the strong rates of a high-yield savings account with the features of a checking account. MMAs offer rates of 4.5% APY or ...
The UFB Portfolio Money Market account has a tiered variable rate, but it’s currently paying a APY regardless of the account balance. To avoid the $10 monthly maintenance fee, you must maintain ...
A money market account (MMA) or money market deposit account (MMDA) is a deposit account that pays interest based on current interest rates in the money markets. [1] The interest rates paid are generally higher than those of savings accounts and transaction accounts; however, some banks will require higher minimum balances in money market accounts to avoid monthly fees and to earn interest.
Compare current money market account rates for March 2024. Vio Bank — 5.30% APY. UFB Direct — 5.25% APY. CFG Community Bank — 5.25% APY. Quontic Bank — 5.00% APY. Sallie Mae Bank — 4.65% ...
Some of the banks with the highest money market rates right now include Brilliant Bank, Vio Bank, and UFB Direct. Rates are subject to change; unless otherwise noted, rates are updated periodically.
Money market accounts are savings accounts that often offer higher interest rates than regular savings accounts and often incorporate checking account features, like easy access to cash.
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