Best HIGH YIELD Money Market Accounts
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Here’s the criteria I used to determine the best high interest money market accounts:
– High interest rates (at the time of this video, 1.7% is the benchmark)
– Low minimum deposit requirements
– No monthly fees
– Open enrollment
– FDIC Insured
Money Market Accounts that are mentioned:
– CFG Bank: https://thecfgbank.com/deposit-rates
– TotalDirectBank: https://totaldirectbank.com/personal/money-market-accounts
– Western State Bank: https://apps.westernbanks.com/
– Prime Alliance Bank: https://primealliancebank.com/personal-mmda#1
– CIT Bank: https://cit.com/cit-bank/bank/money-market-account/
– Patriot Bank: https://bankpatriot.com/mm/money-market.html
– Northern Bank Direct: https://northernbankdirect.com/money-market
– ableBanking: https://ablebanking.com/savings
– UFB Direct: https://ufbdirect.com/Savings/Premium-Money-Market
IMPORTANT: Remember that any of these mentioned financial institutions can change their rates and policies throughout the year. I recommend that you monitor each respective website before you open new accounts.
#EddieYoon
DISCLOSURE: I am not a financial advisor. The ideas presented are personal opinions and for entertainment purposes only. You are responsible for the financial decisions that you make.
What Is a Bank Money Market Deposit Account, Best HIGH YIELD Money Market Accounts.
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