MONEY MARKET ACCOUNT » MMA

Everbank currently has an offer for a high yield money market account that delivers 2.25% APY for the first three months. It’s called the Yield Pledge Money Market Account and it offers a rate within the top 5 percent of competitive accounts.

This money market rate applies to account balances of $50,000 or less. New account holders will earn a bonus rate of 2.25% APY for the first three months, after which point it becomes the regular, yet high, interest rate of 1.51% APY.

Investors who wish to earn competitive interest rates on their savings but aren’t satisfied by the rates savings account have to offer should try a money market account instead. The more money you have to deposit, the more you can earn. For example, you can open an Eagle Premium Money Market account at  South Side Bank and receive a rate of .90% APY.

A balance of $10,000.00 to $24,999.99 is needed to earn this interest rate. Higher balances will earn even better rates. Transactions are limited to six per month. Fees may reduce earnings and rates are subject to change at any time.

It seems especially hard to find decent money market account rates these days. Often, they can’t even compete with regular savings accounts. Luckily, Salem Five offers money market account interest rates that stand out above the rest. The current offer is an interest rate of .50% APY.

This money market rate applies to balances between $10,000 and $25,000. Higher balances can earn an even better interest rate. You must also open or already own a Star Checking Account.

Do you want to earn the interest rates certificate of deposit accounts offer but don’t want to tie all of your money up for many months or even years? Try a money market account instead. You’ll earn an interest rate that beats any savings account, but will be able to make a few withdrawals if you need to. In fact, West Town Savings Bank has a great offer for a money market account rate of .75% APY.

The Luxury Plus Money Market account from West Town offers the above rate if you maintain a balance of at least $10,000. Please note that rates are subject to change after account opening and fees may reduce earnings.

Ironstone Bank claims to create financial solutions that help you accomplish your financial goals. With the interest rates they offer, you’ll likely reach your goals in no time. Even their money market account interest rates are impressive, such as their limited time offer for a money market account rate of 1.00% APY.

In order to obtain this rate, you must open with a minimum deposit of $100. Fees may reduce earning and rates are subject to change.

U.S. citizens with money market funds may feel a bit nervous about their investments since issuers of this short-term debt hold big slugs of European debt — the same debt that’s in crisis right now.

As of March 31, nine out of the 10 corporate issuers of the debt held by prime money funds were big European firms. However, despite the fact that the crisis is impacting money market funds, analysts advise not to drop them because many funds are trimming their European holdings.

Do you have $1? Then you have enough money to open a money market account at Nova Bank. Nova offers competitive interest rates on all of their deposit accounts, but you can earn the best money market account interest rate by investing a larger sum of money.

In fact, you can earn a money market account rate of .75% APY. Here’s what you need to know: Balance of $10,000 – $24,999 required to obtain advertised rate, after which point interest increases. Also fees could reduce earnings and rates are subject to change. The good news is there is no limit to deposit or in-person withdrawals!

If you have a large sum of savings and make a limited number of transactions every month, a money market account may be a better option than a traditional savings account. Often, a money market account provides much higher interest rates than other deposit accounts. For example, McCoy Credit Union is currently offering a money market account rate of .65% APY.

If you would like to earn better interest rates with a high rate money market account, note the following important points:

Money market accounts with high interest rates are not easy to find lately. However, members of the military are eligible to earn superior money market account rates. The Navy Federal Credit Union is offering members a .80% APY on money market accounts that meet the following requirements:

• Membership required
• Balance of $10,000 to $24,999 earn advertised rate
• Interest is compounded and credited monthly
• Rates are subject to change
• Fees may reduce earnings

Finding a money market account with a high interest rate is no easy task. Fortunately, a few do exist. Meridian Bank is currently offering a top money market rate of .80% APY to consumers.

If you’re interested in opening an account, note the following requirements to receive this money market account rate: