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Money market accounts aren't a favorite in terms of yield right now. The average is currently at 0.12 percent. It's a good thing that several institutions are offering higher rates. Use our research to find a money market account and rates in Chelmsford, MA, and in other areas of Massachusetts.
Insured up to $250,000 per depositor, MMAs are a safe bet. They are also fairly liquid, which makes them a good place to keep your emergency savings fund. Use our research to find a money market account and rates in Chelmsford, MA.
Money market account and rates in Chelmsford, Massachusetts
Here are the money market account rates in Chelmsford, MA, 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 |
| Ally | 0% | 0 | 0.95% | 0.95% | $0 | $0 | $0 |
| Mutual of Omaha Bank | 0% | 0 | 0.85% | 0.85% | $5,000 | $5,000 | $0 |
| Sovereign Bank, N.A. | 0% | 0 | 0.15% | 0.15% | $10 | $2,000 | $10 |
| Bank of America | 0% | 0 | 0.05% | 0.05% | $25 | $2,500 | $12 |
| Eastern Bank | 0% | 0 | 0.05% | 0.05% | $2,500 | $2,500 | $7 |
| Enterprise Bank and Trust Company | 0% | 0 | 0.02% | 0.02% | $1,000 | $1,000 | $5 |
Calculate your money market account rate with our savings calculator.
