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Money market accounts aren't yielding much right now. The average account is currently paying just 0.12 percent. But they can still be a good place to keep your cash. Because they are insured up to $250,000 per depositor and fairly liquid, they are good place to keep savings that you might need in an emergency. Use our research to find a money market account and rates in Sacramento, CA, today.
The Fed is planning on keeping rates on hold until the unemployment rate drops to 6.5 percent. However, there are still some online banks and credit unions offering better deals. You'll just have to shop around California in order to find them. Our research is a good way to find a money market account and rates in Sacramento, CA.
Money market account and rates in Sacramento, California
Here are the money market account rates in Sacramento, CA, as of 5:30 p.m. on Jan. 22.
| Bank Institutions | Intro Rate | Intro Months | Rate After Intro | APY | Min Bal Open | Min Bal Avoid Fees | Monthly Fees |
| Ally | 0% | 0 | 0.95% | 0.95% | $0 | $0 | $0 |
| Beal Bank USA | 0% | 0 | 0.25% | 0.25% | $1,000 | $1,000 | $10 |
| First Northern Bank of Dixon | 0% | 0 | 0.05% | 0.05% | $2,500 | $2,500 | $10 |
| U.S. Bank | 0% | 0 | 0.05% | 0.05% | $100 | $1,000 | $10 |
| Wells Fargo Bank | 0% | 0 | 0.05% | 0.05% | $100 | $3,500 | $10 |
Calculate your money market account rate with our savings calculator.
I have IRA funds that I want to put into a money market account with competetive rates. I have contacted many banks, and brokerage companies and found that higher rates are not available for IRA's. Does anyone know of banks, brokerage companies that have attractive rates for IRA's? Discover Bank has attractive CD's for IRA's but I prefer to have my money more liquid. Please share any ideas. Thank you.