If you’re checking Citizens Bank money market rates today, you’re probably deciding whether to keep cash there or move it to a higher-yield account. As of early December 2025, Citizens’ standard Personal Money Market rate is still around 0.01% APY in many regions, which is near the floor for branch-based accounts.
The real action is in the Citizens Quest® Money Market. Citizens’ own rate sheet shows preferred APYs up to 2.75% on balances of $25,000 or more, with standard (non-preferred) tiers topping out around 0.15% APY.
For context, the FDIC reports a national average money market APY of 0.58% and a rate cap of 1.33% as of November 17, 2025. And Federal Reserve data for the same month pegs the national money market rate at 0.58% as well.
So Citizens can work if you want branch access, a known regional bank and FDIC insurance. But if you’re purely chasing yield, top online accounts are still in another league.
Citizens Money Market — Today’s Snapshot
Use this near the top as your daily at-a-glance visual.
| Product | Today’s Top APY (Example) | Key Requirements | Best For |
|---|---|---|---|
| Citizens Personal Money Market | about 0.01% APY in many regions | Standard retail account | Convenience-first Citizens customers |
| Citizens Quest® Money Market | Up to 2.75% APY preferred | $25,000+ balance, eligible Quest relationship, often new money | Rate-focused savers are comfortable banking digitally |
| FDIC national MMA average | 0.58% APY | — | Baseline to judge “average” yields |
| Top online MMA APY | Up to 4.25% APY at leading online banks | Online only | Rate-focused savers comfortable banking digitally |
Quick Snapshot: Citizens Money Market
- Personal Money Market APY: About 0.01% APY on typical tiers in many markets
- Citizens Quest® Money Market APY: Up to 2.75% APY preferred, or up to 0.15% APY with standard pricing
- FDIC national money market average: 0.58% APY; money market rate cap 1.33% APY
- Top MMAs nationally: Around 4.25% APY at online banks, according to Bankrate’s December 2025 rate tables
- Cash trend: Money market fund assets recently climbed to roughly $7.57 trillion, highlighting how much cash investors are parking in safe vehicles right now
Citizens Bank Money Market Rates Today
Your APY at Citizens depends on:
- Which money market account you choose
- Your balance tier
- Whether you qualify for preferred relationship pricing
- Whether incoming funds are treated as “new money”
1. Citizens Personal Money Market (Standard Account)
This is the basic money market account most retail customers see by default. Recent rate examples and third-party analysis show the Personal Money Market holding near 0.01% APY across common balance tiers in many regions.
You can present the tiers generically like this for daily use:
| Balance Tier* | APY Today (Typical Example) |
|---|---|
| $0 – $2,499 | 0.01% APY |
| $2,500 – $9,999 | 0.01% APY |
| $10,000 – $24,999 | 0.01% APY |
| $25,000 – $49,999 | 0.01% APY |
| $50,000 – $74,999+ | Around 0.01% APY |
*Exact tiers and APYs vary by ZIP code; always confirm that day’s rate on Citizens’ site or at your local branch.
What That Really Means:
- At 0.01% APY, every $10,000 earns roughly $1 per year before taxes
- The FDIC national money market average of 0.58% would pay about $58 on the same $10,000
- A 4.25% online MMA from a top Bankrate pick could earn about $425 per year
So the Personal Money Market is effectively a convenience bucket, not a growth engine.
2. Citizens Quest® Money Market (Relationship Account)
The Citizens Quest Money Market is designed for higher-balance, relationship customers who can meet certain requirements. It’s where Citizens’ competitive yield lives.
Citizens’ product page states you can earn “up to 2.75% APY” with preferred rates or up to 0.15% APY with standard pricing, with no monthly maintenance fee, plus FDIC insurance.
A rate example on the Quest site shows that, as of December 2, 2025, tiers from $25,000 up through at least $250,000 can earn 2.75% APY in the preferred category, while balances below that may sit closer to 0.03% and standard tiers max out around 0.15% APY.
You can summarize it like this for daily readers:
| Balance Tier | Preferred APY Example | Standard APY Example |
|---|---|---|
| <$25,000 | About 0.10 to 0.15% APY | Around 0.01% APY |
| $25,000 to $50,000 | 2.75% APY | Around 0.02 to 0.03% APY |
| $50,000 to $249,999 | 2.75% APY | Around 0.03% APY |
| $250,000+ | 2.75% APY | Up to about 0.15% APY |
Key Takeaways
- At 2.75% APY, Quest’s preferred tier is roughly 4 to 5 times the FDIC national money market average of 0.58%
- Without preferred status, the account often pays between 0.02% and 0.15% APY, only marginally better than the personal MMA
- Even at 2.75%, Quest still trails the best online money market offers by about 1.5 percentage points, based on Bankrate’s 4.25% top rate listing
Quest is a middle-ground choice: better than typical branch rates, but not a match for rate-leading online banks.
How Citizens Bank Money Market Rates Compare Today
Citizens vs FDIC National Averages
The FDIC’s latest National Rates and Rate Caps report shows:
- National money market average: 0.58% APY
- Money market rate cap: 1.33% APY
Against that backdrop:
- Citizens Personal Money Market at about 0.01% APY is dramatically below average
- Citizens Quest preferred at 2.75% APY is roughly 4 to 5 times the national average and well above the rate cap, which is allowed for well-capitalized institutions like Citizens
Citizens vs Top Online Money Markets
Bankrate reports that the best money market accounts in December 2025 reach up to 4.25% APY, with banks like Quontic and Zynlo near the top.
On $50,000 over one year:
- At 2.75% APY (Quest preferred) you’d earn roughly $1,375
- At 4.25% APY (top online MMA) you’d earn about $2,125
That’s about $750 more interest by choosing a top-yield online bank instead of the Quest preferred tier.
Pros and Cons of Citizens Money Market Accounts
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| Type | Feature | Why It Matters |
|---|---|---|
| Pro | FDIC-insured deposits | Citizens money market deposits are insured up to $250,000 per depositor, per ownership category, which is the standard FDIC protection level for deposit accounts. |
| Pro | Quest preferred APY up to 2.75% | This rate is significantly above the national average and lets you earn more without leaving a regional bank you already know. |
| Pro | Strong branch and ATM network | Citizens operates 1,000+ branches across its footprint with a large ATM network, which is useful if you want in-person support. |
| Pro | Easy relationship banking | Money markets link smoothly with Citizens checking, mortgages and cards so you can manage everything in one place. |
| Con | Standard Personal MM rate is very low | Around 0.01% APY in many regions, far below both national averages and top online rates. |
| Con | Quest rules can be complex | Unlocking 2.75% APY often requires new money plus specific checking or balance requirements, and non-preferred tiers drop sharply. |
| Con | Not ideal for pure rate chasers | With online MMAs paying around 4.25% APY, Citizens rarely tops national rate tables except for customers prioritizing the relationship side. |
Who Should Consider Citizens Money Markets Today?
Citizens Money Market: Best For vs Not Ideal
| Best For | Not Ideal For |
|---|---|
| Existing Citizens customers who want checking, savings and loans under one roof | Savers whose top priority is the highest possible APY |
| Branch-first users who value sitting down with a banker | People comfortable with online-only banks that pay 4%+ on savings and MMAs |
| Quest-eligible customers who can reliably qualify for the 2.75% APY preferred tier | High-balance savers who could earn hundreds or thousands more per year by switching |
| Savers keeping a small emergency fund at Citizens for easy access | DIY digital users who don’t need branches and are happy to shop rates frequently |
How To Use Citizens in a Modern Cash Strategy
Given today’s rate landscape, a split approach often works best:
- Use Citizens for everyday banking
- Keep your main checking account there for direct deposit and bill pay
- Hold a modest emergency fund or working cash buffer in a Personal or Quest Money Market
- Use high-yield accounts for larger balances
- Move bigger, longer-term cash balances to a high-yield online money market or savings account paying near 4 to 4.25% APY
- Consider short-term CDs if you want to lock a fixed rate for 6 to 12 months while Fed policy is in flux
- Review your setup periodically
- The Investment Company Institute notes that total money market fund assets recently hit about $7.57 trillion, underscoring how quickly cash moves when rates change.
- Check Citizens’ Quest rate and your online yields every few months and be ready to shift balances if APYs move.
Final Take To Go: Are Today’s Citizens Bank Money Market Rates Worth It?
On December 4, 2025, Citizens Bank money market accounts land somewhere between “convenient” and “good enough” for relationship savers and “too low” for hardcore rate shoppers:
- If you qualify for Quest’s 2.75% APY, you can beat the 0.58% national money market average by a wide margin and keep your cash with a regional bank you already use.
- If you’re stuck at 0.01% APY in the Personal Money Market, your money is barely growing at all when top MMAs pay around 4.25% APY and many high-yield savings accounts are still near 4% or higher.
For many savers, the smart move is a hybrid strategy:
- Keep Citizens for checking and branch access
- Use Quest if you can unlock and keep the preferred tier active
- Park the bulk of your idle cash in higher-yield FDIC-insured accounts elsewhere
That way, you get local service plus market-level yield instead of letting low rates quietly erode your savings over time.
FAQs: Citizens Bank Money Market Rates for December 4, 2025
Here are the answers to some of the most frequently asked questions about Citizens Bank money market rates for today:- What is Citizens Bank’s money market rate today?
- As of early December 2025, Citizens’ Personal Money Market earns about 0.01% APY in many regions, while the Citizens Quest Money Market pays up to 2.75% APY for preferred relationship customers with qualifying balances of $25,000 or more.
- How do I qualify for the 2.75% APY on the Citizens Quest Money Market?
- To earn the headline 2.75% APY, you typically need a qualifying Citizens Quest checking relationship; you must maintain at least the minimum required balance in the Quest Money Market (often $25,000 or more), and the funds generally have to be considered “new money” that was not already on deposit at Citizens.
- How do Citizens money market rates compare to the national average?
- The FDIC lists the national money market average at 0.58% APY and the rate cap at 1.33% APY. Citizens’ Personal Money Market, at around 0.01% APY, sits far below that average, while the Quest preferred rate of 2.75% APY is roughly four to five times higher than the national average and well above the rate cap threshold.
- Are Citizens money market accounts FDIC-insured?
- Yes. Citizens Bank is a member of the FDIC, and its money market deposit accounts are insured up to $250,000 per depositor, per ownership category, which is the same level of coverage that applies to other insured deposit products like checking and savings accounts.
- Should I keep my entire emergency fund in a Citizens money market account?
- It depends on your priorities. If you value branch access, in-person customer service and keeping your accounts under one roof, it can make sense to keep a portion of your emergency fund at Citizens, especially if you qualify for Quest’s preferred APY. If maximizing interest is more important, you may be better off keeping only a small, accessible cushion at Citizens and moving the rest of your emergency fund into a high-yield online money market or savings account paying closer to 4% to 4.25% APY.
Methodology: GOBankingRates analyzes deposit rates from banks and credit unions with nationwide availability. The best rates are identified from this group by focusing on APY. Institutions listed in the daily chart are insured by the Federal Deposit Insurance Corporation or the National Credit Union Share Insurance Fund.
Financial institutions may require certain eligibility criteria — such as membership, existing accounts or location-based restrictions — to open an account or qualify for the listed rates. Always verify account terms, conditions and regional availability with the institution before applying.
Editorial Note: This content is not provided by any entity covered in this article. Any opinions, analyses, reviews, ratings or recommendations expressed in this article are those of the author alone and have not been reviewed, approved or otherwise endorsed by any entity named in this article.
Rates are subject to change; unless otherwise noted, rates are updated periodically. All other information on accounts is accurate as of Dec. 4, 2025.