Stocks may potentially be able to bring in more of yield, but if you're looking for something a little more low-risk, then a money market account might be your best bet. Money market accounts in Springfield, MA, have stayed at an average of 0.15 percent, but many large national and online 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 Springfield, MA, and in cities across the nation.
Money market accounts in Springfield, Massachusetts
Here are the money market account rates in Springfield, MA, as of 10:00 a.m.
|Bank Institutions||Intro Rate||Intro Months||Rate After Intro||APY||Min Bal Open||Min Bal Avoid Fees||Monthly Fees|
|Bank of America||0%||0||0.08%||0.08%||$2,500||$25||$12|
|TD Bank, NA||0%||0||0.05%||0.05%||$1||$1,000||$12|
Calculate your money market account rate with our savings calculator.