The Bank of America Balance Rewards money market account provides the flexibility provided by a B of A checking account and the higher interest of a savings account.  BoA has designed its money market savings account to give you higher interest rate savings, quick access to your savings, and an added cash bonus that will helps you build your savings quicker.

One of the best aspects about the Bank of America savings account is its check writing feature.  B of A allows you to write up to three checks per month.  While you can’t use this money market account as your primary checking account, it is nice to know that you can write checks with this account.  While you can only write three checks per monthly billing cycle, Bank f America allows unlimited withdrawals and transfers.

One of the coolest features of the Bank of America account is the Balance Rewards program.  The Balance Rewards program gives you an annual cash bonus at the end of the year.  This bonus payment is calculated by multiplying your lower average monthly balance in your money market account by the bank of america bonus factor.  The current bonus factor is 0.50.

The Bank of America money market rates are not the best money market rates, but they are worth considering.  Bank of America provides a lot of other nice features that make their interest rates acceptable.

I hope that you have enjoyed this Bank of America money market savings account review.  If you have any questions not answered in this review, please ask a question in the comments.  Additionally, we would love to hear your review of the Bank of America money market account or the Balance rewards program.

This VirtualBank money market account starts with an interest rate of 2.50% and an APY of 2.53%.  You can qualify for this 2.50% money market rate by opening a Virtual Bank money market account with as little as $100.  This $100 minimum balance is a very low amount that should allow anyone to open a money market account.

This VirtualBank account has no monthly fees and is FDIC insured.  With today’s uncertainty in the financial markets, opening a money market account that is FDIC insured is very important.  Unlike money market funds, money market accounts add extra protection for your money.  If the fianancial institution fails, your money is protected by FDIC insurance.

The VirtualBank money market rates go up to 3.75% if you invest over $100,000 in the VirtualBank account.  While many do not have $100,000 to invest, if you do, this 3.75% interest rate is one of the best money market rates. You should check out the VirtualBank money market account.

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For only have a minimum balanace requirement of $1, it is hard to beat the Union Federal money market account.  These Union Federal accounts are FDIC insured and they boast that they do not charge any hidden fees.  These specs might qualify this as the best money market rates we have found today.

Union Federal was established in 2001 in in North Providence, Rhode Island. It is dedicated to providing its customers with the highest interest rates for people trying to save money and competitive loan rates for borrowers.  While you might not have heard of the Union Federal Savings Bank money market account, you should check it out.

The Everbank money market account is called the Everbank Yield Pledge Money Market Account.   This article will provide you with what you need to know about the Everbank money market accounts.  If you are looking for the best money market rates, you need to look at what Everbankhas to offer.

The Everbank money market account boast about giving you a high interest rate savings option with the flexibility and easy access to your money that a money market account provides.  This is the advantage of a money market account.  You get higher interest rates while at the same time being able to write checks against your money market deposits.

Why is Everbank’s money market account called the Everbank Yield Pledge Money Market Account?

Everbank provides a pledge to all of their money market account depositors that the Everbank yield pledge account will always have a money market rate yield as high as the top money market accounts in the United States.  Specifically, the Everbank money market account will have a yield at least within 5% of the highest yield money market accounts.

Everbank makes it for you to access you deposits in you money market account.  The Everbank account allows you to write up to 6 checks per month and also to make withdrawals from your high yield money market account using ATM withrawals, debit card purchases, and online bill payments.  The Everbank online banking website is a top notch site designed for ease of use and customer friendliness.

Additionally the Everbank online banking system includes the Everbank mobile banking service which allows you to use your web-enabled cellphone to do your online banking.  I feel that this mobile banking service makes Everbank online banking a real contender in the online banking marketplace.

Like with savings accounts, the Everbank money market accounts are FDIC insured up to $100,000.  This should give you peace of mind that you will not lose your savings if Everbank were to go under.  FDIC insurance is very important for your money market accounts, and since the Everbank yield pledge money market account is FDIC insured, this is one of the safest places to save money.

You should definitely check out the Everbank online banking website to learn more about the Everbank money market account.  I hope that you found this Everbank yield pledge money market account review helpful.

Unlike many smaller banks, Wachovia provides a full range of financial products and services.  Wachovia locations are found in the following states, Alabama, Arizona, California, Colorado, Connecticut, Delaware, Washington D.C. Florida, Georgia, Illinois, Kansas, Maryland, Mississippi, Nevada, New Jersey, New York, North Carolina, Pennsylvania, South Carolina, Tennessee, Texas, Virginia.  In addition to being a great bank, Wachovia retail brokerage services are also found throughout the United States through Wachovia Securities LLC.  This diversity of finance products, makes Wachovia a great bank for anyone looking for one place to do all of the banking.

Wachovia Money Market Rates:

The Wachoiva money market rates are very competitive with other similarly situated full service banks.  While the rates may not be the best money market rates, given the other benefits of banking with Wachovia, we thought that we should still review their money market rates.

Wachovia Money Market Account Features:

These Wachovia money market accounts are FDIC insured.  This insurance should give you some peace of mind that the money that you invest into these accounts will not be lost.  FDIC insurance makes these accounts very safe investments.

In addition to the FDIC insurance and high money market rates, the Wachovia money market accounts also give you access to the Wachovia online banking website.  Wachovia has one of the best online banking websites.  It allows you to monitor your savings accounts, money market accounts and any other Wachovia investments you might have.

I hope that this review of the Wachovia money market account was informative.  If you have any questions, please leave them in the comments below.

Vanguard money market funds make great savings accounts. The high money market rates offered by Vanguard make them competitive with high interest savings accounts. One of the best things about the these Vanguard accounts are that in addition to getting the best money market rates, you enjoy low costs and check writing privileges too.

Who should open a Vanguard Money Market Account:

Vanguard money market fund accounts are appropriate for investors who:

• People who are looking for a relatively low risk place to save money.
• Are seeking interest income at a rate that may be more competitive than a bank account.
• Would like convenient, free checkwriting. (Checks must be for $250 or more.)
• Will need access to their money in the near future.
• Take a very conservative approach to investment risk.

Vanguard money market funds come in two varieties: vanguard taxable money market funds and vanguard tax-exempt money market funds. If you are a taxpayer in high marginal tax brackets, you might benefit from putting your money into a tax-exempt fund. No matter which option you choose, unlike many money market accounts offered by banks, money market funds are not FDIC insured.

Types of Vanguard Money Market Funds:

Whether you are an individual or a business owner, chances are that Vanguard has a money market account that will suit your investing needs.

• Individual Accounts.
• Joint Accounts
• Uniform Gifts/Transfers to Minors Act (UGMA/UTMA)
• Trust
• Attorney-in-fact
• Custodial account for a minor
• Organization

These vanguard Money Market accounts will be explored in further detail here on Money Market Rates 101.  If you have any questions about these Vanguard money market funds, please ask in the comments below.  These Vanguard accounts have some of the best money market rates, so go check them out.

Who is Flagstar Bank?

Flagstar Bank is a Michigan bank with its main office in Troy, Michigan.  This is one of the fastest growing banks in Michigan with over 165 flagstar bank locations.  These bank locations are in Michigan, Florida and Georgia.

Flagstar Bank began in 1987.  It is set up as a federal savings bank.  Flagstar has about $16 billion in assets.  Flagstar focuses on consumer accounts and business accounts.  In addition to the Flagstar money market account, it offers automobile loans, boat loans, home mortgages and equity lines of credit.  The Flagstar equity lines are great for home loans used to fix up your home.  In fact, they are a leader in home loans.

Flagstar Bank Money Market Accounts:

Flagstar has some of the best money market rates being offered right now.  They always pride themselves on their competitive rates.  In addition to the great money market rates, Flagstar only requires that you deposit $1 to open an accounts.  This makes this one of the best money market accounts for new investors.  If you don’t have a lot of money, it can be difficult to open a money market account.  However, Flagstar has removed this barrier to entry.

With flagstar bank offering free checking and no minimum balance, you have to visit the Flagstar website to check out its current money market rates.  As of this article, the Flagstar money market rates are from 2.40% to 2.90%.  The 2.90% money market rates are for balances over $100,000.

The Flagstar Express Money Market account combines checking writing of a checking account and interest rates like high interest savings accounts.  Flagstar online banking also has a great website.  They offer online banking with free online billpay, fund transfers and account monitoring.  Flagstar also provides you with a Flagstar Visa debit card that you can use to make purchase out of your money market accounts.

Flagstar Customer Service:

While this money market account is only online, at its heart Flagstar is still a community bank.  This community feeling is said to follow it online with great customer service and support.

If you are looking for the best money market rates, you need to check out the Flagstar Bank money market account.

If you are looking for the best money market rates you can find, you need to check out check out the Corus money market rates. Here is our review of this Corus money market account.

Corus Minimum Balance:

In order to avoid a monthy fee on this Corus money market account, you need to maintain a minimum balance of $10,000.  If you fail to maintain the $10,000 minimum balance, you will have to pay a $25 money fee.  You must avoid this $25 monthly fee to make these high money market rates worthwhile.  At $25 a month in fees it will not take long to burn through the 3.82% money market rates being offered by Corus.

Minimum Deposit:

The Corus money market account has a very low minimum deposit to open the Ultimate Money Market account.  Corus only requires that you initially deposit $100 to open the account.  Remember however, if you don’t maintain the $10,000 minimum balance you will pay the $25 monthly fee and thus wiping out the high Corus money market rates.

Number of Checks Per Month:

The number of checks that you can write per banking cycle is regulated by law.  As required by law, Corus allows you to write 3 checks per statement cycle out of your Corus account.

We hope that you have found this review of the recent high Corus money market rates useful.  If you have any questions about the Corus money market account, please leave a comment below.

These new M&T money market rates are great people who already have an M&T account.  Current M&T Bank customers now can combine the convenience of a checking account with the interest of a checking account.  If you aren’t currently a customer of MT bank, this M&T account is still a great choice if you are wanting to put your money into a high yield money market account.

In addition to M&T bank being online, M&T has over 650 locations.  This is a really nice feature of banking with M&T.  Having access to local banks is a great advantage over a pure online bank.  However, M&T bank online is also a great online banking choice.

Besides the great money market rates offered by M&T, M&T’s money market account has no minimum balance requirements.  This is awesome.  Many times money market accoutns have very high minimum balance requirements which make them not an option for someone who is just beginning to save money.  The M&T money market account has removed this barrier for its customers.  For this reason alone you need to check out the M&T bank money market rates.

The Citibank money market account is designed to give you the high interest rates of a savigns account and the flexibility and ease of access to you money of a checking account.  The citibank money market accounts provide you some of the best money market rates and very flexible access to you money.

Let’s start off with how easy Citibank makes it for you to access you deposits in you money market account.  Citibank’s money maket account allows you to use your money by using checks, ATM withrawals, debit card purchases, and online bill payments.  As we have stated time and time again on Money Market Rates 101, this is what makes money market accounts stand out from high interest savings accounts.

Like with savings accounts, the Citibank money market accounts are FDIC insured up to $100,000.  This should give you peace of mind that you will not lose your savings if Citibank were to go under.  FDIC insurance is very important for your savings, and since Citibank money market accounts are FDIC insured, this is one of the safest places to save money.

The Citibank Rate Accelerator money market account also pays one of the highest money market rates.  You have to really read the requirements however for getting Citibank’s highest money market rates.  Citibank requires you to have a Citibank linked checking and you have to make a certain number of payments with your Citibank checking account.

You should definitely check out the Citibank website to learn more about the Citibank money market accounts.  I hope that you found this Citibank Rate Accelerator money market account review helpful.