Use our research to shop for a money market account and rates in Elgin, IL, today. There is one bank in this survey that recently has been offering 0.85 percent. That's nearly three-fourths of a percentage point more than the national average for money market accounts, which is 0.11 percent.
Money market accounts offer liquidity. They are also very safe, insured up to $250,000 per depositor, per bank. But it's important to compare the required minimum deposit amounts and fees for each account before you settle on a bank in Illinois.
Our tools can help you compare a money market account and rates in Elgin, IL, today.
Money market account and rates in Elgin, Illinois
Here are the money market account rates in Elgin, IL, as of 10 a.m. on Thursday.
|Bank Institution||Intro Rate||Intro Months||Rate After Intro||APY||Min. Bal. Open||Min. Bal. Avoid Fees||Monthly Fees|
|First Community Bank||0%||0||0.2%||0.2%||$100||$1,000||$10|
|PNC Bank, NA||0%||0||0.05%||0.05%||$100||$1,000||$10|
Use our savings calculator to see how much you can earn with a money market account.