Rates updated between May 27, 2026 and June 2, 2026
Jumbo money market accounts* are worth considering if you have at least $100,000 in cash that you want easy access to. Many of these accounts pay higher rates the more you deposit.
See savings and CD rates from different banks and credit unions in one place, so you can quickly compare your options.
Check the rate, terms and requirements, then pick the account that helps your savings grow faster.
Click through to the bank or credit union to open your account and start earning interest.
Note: Annual percentage yields (APYs) shown are as of May 13. Bankrate's editorial team validates this information regularly. APYs may have changed since they were last updated and may vary by region for some products. Bankrate includes in its lists only banks that are members of the Federal Deposit Insurance Corp. (FDIC) or credit unions insured by the National Credit Union Administration (NCUA).
First Internet Bank of Indiana
Money Market Savings Account
First Internet Bank offers a Money Market Savings account with two APY tiers: you’ll earn 3.64% APY on balances above $1 million and 3.09% APY on balances of less than $1 million. Note that you’ll need to keep at least $4,000 in this account to avoid paying the $5 monthly service fee.
FNBO Direct
Online Money Market
FNBO Direct Online Money Market account comes with a number of tiers, ranging from 3.25% to 3.55% APY. To get the top APY, you'll need to maintain a balance of at least $500,000, but you can open the account with as little as $0 and start earning the minimum APY.
While there is no monthly service fee, you will have a limited number of withdrawals in a given calendar month. If you go above six, you'll be charged a $5 fee per transaction.
Suncoast Credit Union
Money Market Account
Suncoast Credit Union is the largest credit union in Florida and among its other deposit products, it offers a tiered money market account with higher rates for larger deposits. With $100,000, you’ll earn 2.50% APY and with $500,000 or more, you’ll earn the highest APY: 3.50% APY. You can link this account to a Suncoast debit card and withdraw your money market funds at an ATM. Plus, there’s no excess withdrawal fee.
People who attend school, live, work or attend church in a county in Florida that Suncoast Credit Union serves are welcome to join.
Connexus Credit Union
Money Market Account
The Connexus money market account offers seven APY tiers. You’ll need at least $1,000 to open the account and start earning interest, but can earn up to 3.01% on balances of $1 million or more. If you're not quite ready to stash away a full million, you can earn 2.05% APY on balances between $100,000 and $249,999.99. The account includes check-writing privileges but beware: making more than four withdrawals in a month results in a $6 fee for each additional withdrawal.
Texas Capital Bank
Star Money Market
Texas Capital Bank offers a single money market option called the Star Money Market account. The account only requires $500 to obtain the minimum 2.13% APY, but you'll need a cool $25 million to earn the highest rate of 2.96% APY. Balances that fall below the $500 minimum won't earn any yield, and may trigger a monthly service charge.
One of the benefits of Texas Capital Bank is its unlimited transactions — you won't be charged for going past an arbitrary number of transactions in a month. You'll also be able to access your funds for free through Texas Capital Bank branded ATMs and network ATMs across the country.
BMO Bank
Growth Money Market Account
You can open BMO Bank’s Growth Money Market account with just $25, but you’ll need to deposit at least $250,000 and complete qualifying activities with a BMO Relationship Checking account to get the highest yield of 2.55% APY. And those who have between $100,000 and $249,999.99 in the account without amplifying the yield will earn 1.50% APY.
There is a $10 monthly service fee for this account that you can waive by keeping at least $5,000 in this account. But the bank has a steep excessive transaction fee of $15 for making more than six certain kinds of transfers and withdrawals, including checks, ACH and wire transfers.
Randolph Brooks Federal Credit Union
Classic Money Market Account
Randolph Brooks Federal Credit Union’s Classic Money Market account pays different rates depending on how much money you have on deposit. Those with $150,000 will earn the highest rate: 2.43% APY. There’s no monthly fee for this account, no matter your balance, which is a nice perk.
Membership to this credit union is mostly restricted to those who live, work, attend school or church in Texas, though you can also qualify if a family member is already a member.
Keep an eye on insurance limits
If you have more than $250,000 to deposit into a money market account — congrats! But be aware that earning some of the highest APYs offered by jumbo money market accounts on this list might tip you over federal deposit insurance limits. Think about whether that’s a risk you want to incur.
Remember, your money is insured at a Federal Deposit Insurance Corp. institution up to $250,000 per depositor, per account type (such as single or joint), per institution. And at a National Credit Union Administration (NCUA) credit union, you have that same limit with similar rules. If you think you may exceed the limit, you may want to look into ways to up your insurance. One such option is a joint account, which would be insured up to $500,000.
There are a limited number of banks and credit unions that offer true "jumbo" money market accounts, so your options will be limited. Aside from higher rates for higher deposit amounts, you should consider:
To find the highest APYs for $100,000 deposits, you'll likely want to check credit unions and online-only banks. But if the minimum balance isn't as much of a concern to you, you'll likely be better off exploring Bankrate’s picks for the best standard money market accounts.
Potentially higher APY than standard money market accounts.
Easier access to funds compared to other savings accounts.
Federal insurance up to the defined limits.
Significant initial deposit required to earn APY.
Variable rates may fall at any time.
Deposit and interest earned may exceed federal insurance limits.
If you’re worried that putting your entire savings into a single account will run up against federal insurance limits, or you want to shop around for higher yields, you have options.
Regular money market accounts
You can likely find higher — or on par — yields at a high-yield money market account that pays the same amount on all balances, whether you have $100 or $100,000.
High-yield savings accounts
If you want to see more high yields on your savings, you can look to the best high-yield savings accounts instead of money market accounts.
Cash management accounts
Cash management accounts are a type of hybrid checking and savings account, usually offered by brokerages.
Money market funds
While these mutual funds are not FDIC-insured like deposit accounts, they invest in ultra-low-risk and short-term investments, including U.S. Treasury bills and corporate bonds.
Bankrate researches over 100 banks and credit unions, including some of the largest financial institutions, online-only banks, regional banks and credit unions with both open and restrictive membership policies.
To find the best jumbo money market accounts, we regularly survey the rates from the banks and credit unions that offer this specialty account.
We define a jumbo money market account as an account that offers a different APY for deposits over $100,000. If a bank calls its account “jumbo” but offers the same APY regardless of the balance, we do not consider it a jumbo money market account even if it is marketed as one.
The banks and credit unions on this page are selected based on the current APY they offer for their highest balance tier. Learn more about how we choose the best banking products and our methodology for reviewing banks.
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