All of the credit unions and the regular personal banking centers are pretty much the same for money market accounts. You are better off going online money markets as they are different standards then the banks and they have a higher intrest.
Some of the fifty highest money market rates and high interest savings accounts can be found at many banks. For instance, PNC offers high interest saving accounts.
Some different types of money market accounts offered by Capital One include Basic Savings Accounts, High-Yield Savings Accounts and Money Market Deposit Accounts. The best interest rates are available on the highest tier accounts.
They are around 1.3% You can see some here http://www.bankaholic.com/money-market/
Interest rates change daily among banks on money market accounts. To get the most current rates check bankrate.com
Money market interest rates vary based on the value of the money market account itself. For accounts ranging from 10 to 25 thousand dollars, the best rate is from Everbank at 1.01 percent.
The best interest rates you'll get from Bank of America are in their CD's and their money market accounts. Money Market Accounts work like a checking account, but pay a higher interest rate.
You can get below 0.1% of interest on money market savings accounts now. You can ge the rates at www.PersonalSavings.AmericanExpress.com or www.citibank.com/savings
Interest rates at Texas Capital Bank are different for different accounts. For all checking, savings, Commercial Money Market, and Money Market accounts under $25,000 it is .05%. For money market accounts with balances over $25,000, the interest rates are .10% and .15%.
The means of determining interest rate. Money market account interest rates are variable and track the money market. Savings account interest rates are usually fixed.
Interest rates change daily on CD's. The best place to check for updated daily interest rates is the site bankrate.com. You can compare how these rate against Money Market Accounts as well.
Deposit accounts are the pillars of a strong financial foundation, providing you with financial stability as you work to achieve your financial goals. Many banks and credit unions offer a variety of savings and money market accounts, and this article aims to help you find the highest interest rate for this type of deposit account.
No, Money Market accounts are not a scam. MMs are actually a very safe investment, offering a small, yet steady, rate of interest.