Rates Blog

Finance Blogs » Rates » Money market accounts in Cambridge, Massachusetts

Money market accounts in Cambridge, Massachusetts

By Mitch Strohm · Bankrate.com
Saturday, September 24, 2011
Posted: 11 am ET

The outlook on money market account yields hasn't been good since the Federal Reserve slashed short-term interest rates to zero. But if you're looking for money market accounts in Cambridge, MA, our rates survey can help.

Money market accounts generally offer a higher yield than other interest-bearing savings accounts. Insured by the FDIC up to $250,000 per depositor, they are also considered a safe investment. Search for a satisfactory money market accounts in Cambridge, MA, and in your area of Massachusetts before deciding on an institution.

Money market accounts in Cambridge, Massachusetts

Here are the money market account rates in Cambridge, MA, as of 11:00 a.m. on Friday.

Bank Institutions Intro Rate Intro Months Rate After Intro APY Min Bal Open Min Bal Avoid Fees Monthly Fees
Ally 0% 0 0.99% 0.99% $0 $0 $0
Cambridge Trust Company 0% 0 0.3% 0.3% $2,500 $2,500 $7
Bank of America 0% 0 0.08% 0.08% $25 $2,500 $12
Citizens Bank of MA 0% 0 0.05% 0.05% $2,500 $2,500 $10

Calculate your money market account rate with our savings calculator.

«
»
Bankrate wants to hear from you and encourages comments. We ask that you stay on topic, respect other people's opinions, and avoid profanity, offensive statements, and illegal content. Please keep in mind that we reserve the right to (but are not obligated to) edit or delete your comments. Please avoid posting private or confidential information, and also keep in mind that anything you post may be disclosed, published, transmitted or reused.

By submitting a post, you agree to be bound by Bankrate's terms of use. Please refer to Bankrate's privacy policy for more information regarding Bankrate's privacy practices.