The average money market account rate is currently at 0.11 percent. That's low, but there are still some better-than-average rates out there. For example, one bank in this survey is currently paying 0.84 percent, nearly three-fourths of a percentage point more than the national average. Use our tools to shop for a money market account and rates in Detroit, MI.
Money market accounts are safe investments. They are insured up to $250,000 per bank. Just make sure to shop around thoroughly in Michigan. Our research can help you find a money market account and rates in Detroit, MI, today.
Money market account and rates in Detroit, Michigan
Here are the money market account rates in Detroit, MI, 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|
|Citizens Community Federal||0%||0||0.25%||0.25%||$1,000||$1,000||$10|
|Dearborn Federal Savings Bank||0%||0||0.05%||0.05%||$2,500||$400||$5|
|Bank of America||0%||0||0.04%||0.04%||$25||$2,500||$12|
Calculate your money market account rate with our savings calculator.