Q:

How do you find money market accounts with high interest?

A:

Quick Answer

Customers can find high-interest money market accounts by utilizing the search and compare options from Bankrate.com and Discover.com, as noted by the companies' official websites. Money market accounts typically offer higher interest rates for higher account balances, so customers can receive higher rates by depositing higher amounts.

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Full Answer

To compare up-to-date rates for money market accounts through Bankrate.com, follow the steps below.

  1. Visit the company website
  2. Go to the Bankrate.com website home page.

  3. Click on Money Market
  4. Hover over the Bank Rates tab on the top navigation bar and click on the Money Market tab.

  5. View rates
  6. Bankrate.com offers a list of several different banks and their corresponding money market rates. Customers can sort the results by rates, fees or institution, among other factors, and they can change their search by annual percentage yield or minimum deposit amounts.

To compare rates through Discover.com, follow the steps below.

  1. Visit the company website
  2. Go to the Discover.com website home page.

  3. Click Money Market
  4. Hover over the All Products and Services tab along the top navigation bar and click on the Money Market tab under the Banking header.

  5. Compare rates
  6. The money market page offers a list of Discover's money market rates based on the account balance, as well as the rates from other top banks. Visitors can click on the plus sign symbol to add a desired bank to the list.

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