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|
|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.