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The average money market account rate has been holding steady at 0.12 percent for the last five weeks. But despite low average yields nationwide, there are still some institution offering better-than-average rates. Use our research to find a money market account and rates in Elgin, IL.
Looking for an account in Illinois? Make sure to check at online banks. These institutions don't have the costs associated with brick-and-mortar institutions, and they tend to offer those savings to customers in the form of higher yields. Our research can help you find 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 10:00 a.m.
| Bank Institutions | Intro Rate | Intro Months | Rate After Intro | APY | Min Bal Open | Min Bal Avoid Fees | Monthly Fees |
| Ally | 0% | 0 | 0.9% | 0.9% | $0 | $0 | $0 |
| Frost National Bank | 0% | 0 | 0.1% | 0.1% | $50 | $2,500 | $15 |
| Broadway National Bank | 0% | 0 | 0.1% | 0.1% | $1,000 | $2,000 | $10 |
| Bank of America | 0% | 0 | 0.08% | 0.08% | $25 | $2,500 | $12 |
| Wells Fargo Bank | 0% | 0 | 0.05% | 0.05% | $100 | $3,500 | $10 |
Calculate your money market account rate with our savings calculator.
