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Money market account and rates in Detroit, Michigan

By Mitch Strohm · Bankrate.com
Sunday, April 27, 2014
Posted: 3 pm ET

Money market account rates are low throughout the country. The average national money market account rate is currently at 0.11 percent. But two banks in this survey are offering rates well above that average. Use our tools to shop for a money market account and rates in Detroit, MI, today.

One bank in this survey recently has been offering 0.85 percent on a money market account. That's nearly three-fourths of a percentage point more than the national average.

You can use our research to compare a money market account and rates in Detroit, MI, and in other areas of Michigan.

Money market account and rates in Detroit, Michigan

Here are the money market account rates in Detroit, MI, as of 10 a.m. on Friday.

Bank Institution Intro Rate Intro Months Rate After Intro APY Min. Bal. Open Min. Bal. Avoid Fees Monthly Fees
Ally 0% 0 0.85% 0.85% $0 $0 $0
Sterling Bank and Trust 0% 0 0.5% 0.5% $500 $500 $10
Citizens Community Federal 0% 0 0.1% 0.1% $25 $1,000 $10
PNC Bank 0% 0 0.06% 0.06% $100 $1,000 $10
BestBank 0% 0 0.05% 0.05% $2,500 $500 $10

Use our savings calculator to see how much you can earn with a money market account.

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