Best Jumbo Money Market Rates Today: Where Large Cash Balances Work Harder

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If you’re shopping for the best jumbo money market rates today, you’re likely managing a large cash balance and want three things: strong yield, liquidity and clarity. Jumbo money market accounts are designed for savers with six-figure balances who want to earn more interest than traditional bank accounts without locking money into a CD.

Right now, the best jumbo money market accounts continue to pay well into the high-3% to 4% APY range, dramatically outperforming most brick-and-mortar banks. Small differences in APY matter at this level — on a $250,000 balance, even a 0.25-point gap can mean hundreds of dollars per year.

Jumbo Money Market Accounts — At a Glance

Institution	Typical APY Range*	Minimum to Open	Best For	Why It Stands Out
CFG Bank	High-3% to ~4%	Moderate	Rate-focused jumbo savers	One of the strongest, cleanest jumbo yields with straightforward tiers
Quontic Bank	High-3% to ~4%	Low	Accessibility + yield	Competitive jumbo rates without heavy balance hurdles
First Internet Bank	High-3% to ~4% (tiered)	Low	Very large balances	Aggressive tiers for six- and seven-figure deposits
Vio Bank	High-3% range	Moderate	Yield-first savers	Consistent focus on competitive money market rates
Sallie Mae Bank	High-3% range	Low	Flexible jumbo entry	Solid yields with low opening minimums

*APYs are variable and subject to change. Always confirm current tiers and balance thresholds directly with the bank.

Quick Takeaway: Jumbo money market accounts remain one of the most efficient tools for earning a competitive yield on large cash balances while keeping funds liquid and FDIC-insured.

What Is a Jumbo Money Market Account?

A jumbo money market account is a deposit account that functions similarly to a standard money market account but requires a much higher minimum balance, often $50,000, $100,000 or more.

In exchange, banks typically offer:

• Higher APYs than standard money market or savings accounts
• FDIC insurance up to applicable limits
• Ongoing access to funds via transfers, checks or debit cards

Unlike CDs, jumbo MMAs allow you to move money as needed, making them useful for short- to medium-term cash strategies.

Best Jumbo Money Market Rates Right Now

If you’re comparing jumbo money market rates today, these accounts currently offer the strongest combination of yield, simplicity and accessibility for large balances.

CFG Bank — Best Overall Jumbo Yield

CFG Bank continues to stand out for rate-sensitive savers holding six-figure balances. Its jumbo money market account regularly sits near the top of the yield spectrum without requiring complex relationship rules or bundled products. For investors parking large sums temporarily, CFG’s clean tiering makes it easy to understand exactly what balance earns the top APY.

Quontic Bank — Strong Jumbo Rates With Low Barriers

Quontic Bank offers one of the most accessible high-yield jumbo money market options available nationally. Its rates remain competitive at larger balances while keeping minimum opening requirements relatively low. This makes it a strong choice for savers who want yield without unnecessary friction.

First Internet Bank — Best for Very Large Deposits

First Internet Bank is especially compelling for savers managing very large balances, including seven-figure deposits. Its tiered money market structure rewards higher balances more aggressively than many competitors. This makes it a practical option for proceeds from a sale, bonus or short-term portfolio repositioning.

Vio Bank — Consistent Yield-Focused Option

Vio Bank remains a reliable pick for savers who prioritize APY over bells and whistles. While it may not always lead the market outright, its jumbo money market rates stay firmly competitive and the account structure is easy to follow. It’s best suited for disciplined savers focused on yield.

Sallie Mae Bank — Flexible Entry With Solid Rates

Sallie Mae Bank rounds out the top jumbo options with a money market account that balances accessibility and yield. Its jumbo APYs typically sit just below the absolute leaders but still meaningfully outperform traditional banks. This makes it a good fit for savers who want flexibility with competitive returns.

How Jumbo Money Market Accounts Compare to Other Cash Options

Versus high-yield savings: Jumbo money markets often edge out savings accounts at very large balances, especially once tiered pricing kicks in.

Versus CDs: CDs can offer similar or slightly higher yields, but they lock up funds. Jumbo money markets keep money liquid.

Versus Treasury bills: T-bills can be competitive and government-backed, but they require brokerage access and active reinvestment planning.

Who Jumbo Money Market Accounts Are Best For

Best Fit:

• Savers with $100,000 or more in cash
• Investors temporarily parking funds between opportunities
• Households preparing for large purchases or tax payments
• Anyone prioritizing liquidity plus safety

Less Ideal:

• Savers below jumbo balance thresholds
• Investors willing to lock funds into long-term CDs
• Those comfortable managing bonds or T-bills directly

Final Take to GO: Are Jumbo Money Market Accounts Worth It?

For today’s rate environment, jumbo money market accounts remain one of the most practical ways to earn a competitive yield on large balances without sacrificing access. CFG Bank and Quontic Bank continue to lead for yield-focused savers, while First Internet Bank shines for very large deposits.

Because jumbo balances magnify small rate differences, this is an account category worth monitoring closely — even a modest APY shift can translate into thousands of dollars over time.

Jacob Wade and Karen Doyle contributed to the reporting of this article.

Rates are subject to change; unless otherwise noted, rates are updated periodically. All other information on accounts is accurate as of Feb. 6, 2026.

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