Corporate money market accounts compared By Laura Bruce Bankrate.com
Account
Minimum initial investment
Minimum balance to avoid fee and/or closure
Minimum additional investment
Minimum check amount
APY
FDIC
Cat Money Market
$250
$50
$0 to $4,999.99: 1.51%
$5,000 to $49,999.99: 1.77%
$50,000 and up: 2.02%
No
GE Interest Plus
$500
$250 w/ automatic investments
($25 sign-up bonus)
$250 w/ automatic investment program
$25
Less than $15,000: 1.76%
$15,000 to $49,999: 2.02%
$50,000 and up: 2.27%
Ford Money Market
$1,000
Up to $14,999: 2.12%
$15,000 to $49,999: 2.27%
$50,000 and up: 2.43%
GMAC Bank Insured Savings/Money Market
No minimum
$0 to $499.99: 1.96%
$500 to $4,999.99: 2.05%
$5,000 and up: 2.05%
Up to $100,000, $250.000 for retirement accounts
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