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Money market account and rates in Downey, California

By Mitch Strohm · Bankrate.com
Friday, August 22, 2014
Posted: 3 pm ET

The average national money market account rate is currently at 0.1 percent. And there are two banks in this survey offering rates above that average. Use our research to shop for a money market account and rates in Downey, CA, today.

One bank in this survey recently has been offering 0.85 percent on a money market account. That's more than eight times the national average. But while it's essential to get a great rate, it's also important to compare the required minimum deposit amounts and fees for each account before you decide on a bank.

Our tools can help you look for a money market account and rates in Downey, CA, and in other areas of California, today.

Money market account and rates in Downey, California

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

Banking 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
OneWest Bank 0% 0 0.3% 0.3% $1,000 $10,000 $10
U.S. Bank 0% 0 0.05% 0.05% $100 $1,000 $10
Bank of America 0% 0 0.03% 0.03% $25 $2,500 $12
Wells Fargo Bank 0% 0 0.03% 0.03% $50 $3,500 $10

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

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