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Money market account and rates in Providence, Rhode Island

By Mitch Strohm · Bankrate.com
Sunday, May 4, 2014
Posted: 3 pm ET

The average national money market account rate is currently at 0.11 percent. But there are still some institutions offering above-average rates to attract customers. Our rates survey offers an easy way to find a money market account and rates in Providence, RI.

Money market accounts are insured up to $250,000 per depositor, per bank, making them a safe place to keep your savings. They also offer liquidity, which makes it possible to withdraw money at a moment's notice.

Our tools can help you compare a money market account and rates in Providence, RI, and in other areas of Rhode Island.

Money market account and rates in Providence, Rhode Island

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

Bank Institution Intro Rate Intro Months Rate After Intro APY Min. Bal. Open Min. Bal. Avoid Fees Monthly Fees
Bristol County Savings Bank 0% 0 0.1% 0.1% $10 $0 $0
Santander Bank, N.A.  0% 0 0.1% 0.1% $10 $2,000 $10
Washington Trust Co. 0% 0 0.1% 0.1% $2,500 $2,500 $4
Bank of America 0% 0 0.03% 0.03% $25 $2,500 $12
Citizens Bank 0% 0 0.01% 0.01% $2,500 $2,500 $10

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

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