Q:

How do you find the current money market rates?

A:

Quick Answer

Banks offer different rates for money market accounts, and customers can view current rates by visiting individual bank websites or by utilizing a comparison site, according to the Bank of America, Ally and Bankrate websites. Rates also vary based on a number of factors, such as the amount invested, and customers can meet with a personal banker from their preferred bank to learn more.

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Full Answer

To find current money market rates through Bank of America:

  1. Visit the website
  2. Go to the Bank of America home page.

  3. Click "Savings"
  4. Hover over the "Banking" tab along the top navigation bar and click on the "Savings" tab.

  5. Click "Rewards Money Market Savings"
  6. Click on the "Rewards Money Market Savings" tab.

  7. Click "Rates"
  8. Click on the "Rates" tab to view current rates for the various tiers.

To find current money market rates through Ally:

  1. Visit the website
  2. Go to the Ally Bank home page.

  3. Click "Savings"
  4. Click on the "Savings" tab along the top navigation bar.

  5. Click "Money Market"
  6. Click on the "Money Market" tab under the "Savings" tab to view current rates. The page also offers information on account features and fees as well as an earnings estimator that customers can use to calculate their yearly earnings with the selected account, states the Ally website.

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