We analyze online money market accounts in the U.S. to uncover which have the best earnings, benefits, and the lowest fees. Learn more about our methodology here. Bank awards methodology | Previous Award Winners

1. Best Money Market Savings Package

Capital One 360 Money Market Account

A MyBankTracker Rating

Simple money market account with no fees.

Best Feature: Great interest rate

The Capital One 360 Money Market account is one of the best savings account packages out there, thanks to its combination of more earnings and more convenience. With this account, you can earn one of the highest interest rates on the market for no monthly fee. You can also access your money easily (through Capital One’s top-tier mobile app) and as often as you’d like (a rarity for a savings account of any kind).

  • Earn

    Earn 1.00% APY on balances of $10,000 or more (0.60% APY on balances less than that)

  • Fees

    No fees at all

  • Benefits

    Person2Person feature allows you to send money to friends with ease

    Mobile app available on the Apple App Store and Google Play

    My Savings Goal Feature to keep track of your savings progress

2. Best Money Market Account for Convenience

Ally Bank Money Market Account

A+ MyBankTracker Rating

Competitive interest rates. No monthly fees. Partial ATM reimbursement.

Best Feature: No monthly fee and convenient ATM access.

You may not be used to thinking of money markets as convenient, but the Ally Money Market Account is set to change that. This account doesn’t charge a monthly fee and delivers a high interest rate without a minimum balance requirement. You also get a free debit card that lets you withdraw cash at any ATM - up to $10 in ATM fees is refunded per month.

  • Earn

    Earn a competitive 0.85% APY on all balances

  • Fees

    No monthly fees

    Get $10 in ATM fees refunded per month

    Surcharge-free access to more than 43,000 Allpoint ATMs

  • Benefits

    Get a free debit card and first order of paper checks

    Popmoney feature allows you to send money to friends with ease

    Mobile app available on the Apple App Store and Google Play

3. Best Money Market Account with No Minimum Balance Required

DimeDirect Money Market Account

B+ MyBankTracker Rating

No minimum balance. No monthly fees.

Best Feature: No minimum balance to earn an amazing APY.

Money market accounts are known for high interest rates, but they’re also known for high minimum balance requirements. With the DimeDirect Money Market Account, you get the high rates without the high requirements. This account has one of the highest MMA interest rates with no minimum balance requirement and no monthly fees.

  • Earn

    1.10% APY on balances up to $500,000

  • Fees

    No monthly fee

  • Benefits

    Free mobile check deposit

    Mobile app available on the Apple App Store and Google Play

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