If you're looking for a money market account with a decent rate, you're going to have to shop around thoroughly. The average account is paying just 0.11 percent. However, there are several online banks and credit unions offering better deals. Use our research to find a money market account and rates in Baltimore, MD, and in other areas of Maryland.
You can rest assured that your savings is safe in a MMA. They are insured up to $250,000 per depositor by the FDIC at banks. At credit unions, they are insured up to the same amount by the NCUA. Use our survey to find a money market account and rates in Baltimore, MD.
Money market account and rates in Baltimore, Maryland
Here are the money market account rates in Baltimore, MD, as of 10:00 a.m. on Friday.
|Bank Institutions||Intro Rate||Intro Months||Rate After Intro||APY||Min Bal Open||Min Bal Avoid Fees||Monthly Fees|
|Severn Savings Bank, FSB||0%||0||0.1%||0.1%||$20||$2,500||$5|
|Bank of America||0%||0||0.03%||0.03%||$25||$2,500||$12|
Calculate your money market account rate with our savings calculator.