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Money market account and rates in Palo Alto, California

By Mitch Strohm · Bankrate.com
Monday, June 2, 2014
Posted: 3 pm ET

The national average money market account rate is currently at 0.11 percent. Yet there's one bank in this survey offering nearly three-fourths of a percentage point more than that average. Our survey can help you find a money market account and rates in Palo Alto, CA.

You won't have to worry about safety with these accounts. Money market accounts are insured up to $250,000 per depositor, per institution. But it's important to compare the required minimum deposit amounts and fees for each account before you settle on a bank in California.

Our tools can help you compare minimums and look for a money market account and rates in Palo Alto, CA, today.

Money market account and rates in Palo Alto, California

Here are the money market account rates in Palo Alto, CA, as of 10 a.m. on Monday.

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
UnionBank 0% 0 0.05% 0.05% $2,500 $2,500 $9
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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