But for those willing to jump through some hoops, the rewards may be worth the effort. Granted, this account from Connexus has a more complicated earning structure than some of the other accounts on our list.
See below to learn more about why we picked each account, the pros and cons, and to access individual bank reviews.Īnnual percentage yields (APYs) and account details are accurate as of July 5, 2023.Ĭonnexus Credit Union’s High Yield Money Market Account is a tiered-rate account paying higher dividends for larger deposits. Bethpage Federal Credit Union Money Market Account: 2.00% APY.Ally Bank Money Market Account: 4.15% APY.Sallie Mae Bank Money Market Account: 4.25% APY.TIAA Bank Yield Pledge Money Market Account: Up to 4.50%.Quontic Bank Money Market Account: 4.75% APY.Connexus Credit Union High Yield Money Market Account: Up to 4.76% APY.Vio Bank Cornerstone Money Market Account: 5.02% APY.First Internet Bank Money Market Savings: Up to 5.20% APY.Here is a summary of the top money market accounts ordered by the best money market rates you could get. Best Money Market RatesĪnnual Percentage Yield (APY), though one of the main factors, was not the only criteria considered while ranking the best money market accounts. We’ve compared 59 money market accounts at 44 nationally available banks and credit unions to find some of the best accounts available.
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