The average national money market account rate is currently at 0.11 percent. Fortunately, there are some institutions offering better-than-average deals. For example, you can find one institution in this survey that recently has been offering 0.2 percent. Use our research to shop for a money market account and rates in Cambridge, MA, today.
Overall, two banks in this survey are offering rates better than the national average. Yet it's important to compare the required minimum deposit amounts and fees for each account before settling on a bank in Massachusetts.
Our research can help you compare a money market account and rates in Cambridge, MA, today.
Money market account and rates in Cambridge, Massachusetts
Here are the money market account rates in Cambridge, MA, as of 10 a.m. on Thursday.
|Banking Institution||Intro Rate||Intro Months||Rate After Intro||APY||Min. Bal. Open||Min. Bal. Avoid Fees||Monthly Fees|
|Cambridge Trust Company||0%||0||0.2%||0.2%||$2,500||$2,500||$7|
|East Cambridge Savings Bank||0%||0||0.15%||0.15%||$1,000||$0||$0|
|Cambridge Savings Bank||0%||0||0.05%||0.05%||$1,000||$1,000||$6|
|Bank of America||0%||0||0.03%||0.03%||$25||$2,500||$12|
|Citizens Bank of MA||0%||0||0.01%||0.01%||$2,500||$2,500||$10|
Use our savings calculator to see how much you can earn with a money market account.