See a full list of the highest yielding money market accounts in the US for 2018. Money market accounts are just like savings accounts.
They’re FDIC insured up to $250,000 and cannot lose value like an investment, yet money market accounts typically pay a much higher APY (annual percentage yield) than savings accounts.
Simply put, selecting the highest yielding money market account to store your money is the best way to earn interest from the bank. Unlike a CD (certificate of deposit), can always access your money at any time from a money market account, and with CIT Bank, there are no monthly maintenance or inactivity fees.
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List of Highest Yielding Market Accounts for 2018 |
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|---|---|---|---|
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Bank |
APY |
Minimum Balance |
Go to Bank Site |
|
1.85% |
$100 |
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|
1.70% |
$250 |
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|
1.70% |
$25,000 |
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|
1.60% |
$5,000 |
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|
1.56% |
$10,000 |
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|
1.55% |
$10,000 |
||
|
1.55% |
None |
||
|
1.50% |
$10,000 |
||
|
1.50% |
$5,000 |
||
|
1.40% |
$0 |
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Money market accounts are a great place to put your uninvested cash and earn a return that can just about keep up with the pace of inflation. At the end of the day, earning interest in a money market account with no monthly fees is winning.