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Money market account and rates in DC Metro, Washington DC

By Mitch Strohm · Bankrate.com
Tuesday, December 4, 2012
Posted: 10 am ET

In our most recent survey, the average money market account rate remained at 0.11 percent. That's pretty low, but there are several institutions offering better-than-average rates. Use our research to find a money market account and rates in Washington, D.C.

MMAs may not be yielding much, but they are very safe. The FDIC insures them at banks up to $250,000 per depositor. At credit unions, they are insured up to the same amount by the NCUA. But it's still important to shop around for the highest rates in the District of Columbia. Use our research to find a money market account and rates in Washington, D.C.

Money market account and rates in DC Metro, Washington DC

Here are the money market account rates in Washington, DC, as of 10:00 a.m.

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
Capital One, NA 0% 0 0.5% 0.5% $25 $300 $5
Acacia Federal Savings Bank 0% 0 0.25% 0.25% $1,000 $1,000 $10
Wells Fargo Bank 0% 0 0.05% 0.05% $100 $2,500 $10
Colombo Bank 0% 0 0.15% 0.15% $2,000 $2,000 $15

Calculate your money market account rate with our savings calculator.

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