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If you're worried about taking too much risk by investing in stocks, a money market account can give you the safety you need with a better-than-average yield. Money market accounts in Providence, RI, have stayed at an average of 0.17 percent lately, but several banks are offering rates above the national average.
A money market account gives you the benefit of safety with a decent yield. Look for money market accounts in Providence, RI, or in your area of Rhode Island.
Money market accounts in Providence, Rhode Island
Here are the money market account rates in Providence, RI, as of 2:00 p.m.
| Bank Institutions | Intro Rate | Intro Months | Rate After Intro | APY | Min Bal Open | Min Bal Avoid Fees | Monthly Fees |
| Ally | 0% | 0 | 1.03% | 1.04% | $0 | $0 | $0 |
| Flagstar Direct | 0% | 0 | 0.9% | 0.9% | $1 | $0 | $0 |
| Sovereign Bank | 0% | 0 | 0.2% | 0.2% | $10 | $2,000 | $10 |
| Washington Trust Co | 0% | 0 | 0.1% | 0.1% | $2,500 | $2,500 | $4.99 |
| Bank of America | 0% | 0 | 0.08% | 0.08% | $25 | $5,000 | $12 |
Calculate your money market account rate with our savings calculator.
