--- title: "8 money market accounts with interest rates of 4% APY and higher (updated weekly)" type: "News" locale: "en" url: "https://longbridge.com/en/news/238798994.md" description: "This article highlights eight money market accounts (MMAs) offering interest rates of 4% APY or higher, significantly above the national average of 0.62%. Accounts include options from First Foundation Bank (4.4% APY), Zynlo (4.4% APY), VIO Bank (4.36% APY), CFG Bank (4.32% APY), Quontic Bank (4.25% APY), Prime Alliance Bank (4.15% APY), UFB Direct (4.01% APY), and EverBank (4% APY). Each account has varying minimum deposit requirements, fees, and features, making them attractive for savers looking to grow their funds." datetime: "2025-04-15T16:01:54.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/238798994.md) - [en](https://longbridge.com/en/news/238798994.md) - [zh-HK](https://longbridge.com/zh-HK/news/238798994.md) --- # 8 money market accounts with interest rates of 4% APY and higher (updated weekly) Looking for the security and interest-earning power of a savings account with the perks of a checking account? A money market account (MMA) may be the right choice for you. In many cases, MMAs come with a debit card and/or checks, making it easy to access your funds when needed. Plus, your balance earns interest. In fact, the best money market accounts today pay upwards of 4% APY. ## 8 money market accounts that pay at least 4% APY Today, the national average money market interest rate is just 0.62%, according to the FDIC. However, many banks and credit unions offer MMAs with competitive yields of 4% APY or more, which can give your savings a significant boost over time. Here’s a look at some of the top federally insured money market accounts available today. _Note that interest rates, fees, and requirements are accurate as of the publish date. Please verify account details directly with the financial institution._ ### 1\. First Foundation Bank Online Money Market Account: 4.4% APY First Foundation Bank’s Online Money Market Account currently offers 4.4% APY, more than six times the national average. This account requires a minimum opening deposit of $1,000; once your account is open, you only need a minimum balance of $0.01 to obtain the disclosed APY. There are no monthly maintenance fees, and you can request a debit card and/or checks for easier access to your funds. ### 2\. Zynlo Money Market Account: 4.4% APY Zynlo’s Money Market Account offers 4.4% APY with daily compounding interest. This rate applies to all balances under $250,000. Balances greater than $250,000 earn 0.1% APY. There are no monthly fees associated with this account. However, a minimum opening deposit of $10 is required, and you must maintain at least $0.01 in your account to continue earning interest on your balance. This account does not come with a debit card or access to checks. ### 3\. VIO Cornerstone Money Market Savings Account: 4.36% APY VIO Bank’s Cornerstone Money Market Savings Account offers a competitive 4.36% APY with a minimum opening deposit of $100. The account has a $5 monthly fee, but it can be waived by opting into e-statements. Interest on this account is compounded daily. It does not come with paper checks or a debit card. **Read our full review of Vio Bank here** ### 4\. CFG Bank High Yield Money Market Account: 4.32% APY CFG Bank’s High Yield Money Market Account offers a rate of 4.32% APY with a minimum opening deposit requirement of $1,000. You must maintain a minimum daily balance of $1,000 to avoid a $10 monthly service fee. This account does not come with check-writing capabilities or an ATM card. ### 5\. Quontic Bank Money Market Account: 4.25% APY Quontic offers an online money market account with 4.25% APY, along with a free debit card and check-writing privileges. A minimum opening deposit of $100 is required. There are no monthly fees or minimum balance requirements. Interest compounds daily and is credited to your account monthly. **Read our full review of Quontic Bank** ### 6\. Prime Alliance Bank Personal Money Market Account: 4.15% APY Prime Alliance Bank’s Personal Money Market Account offers 4.15% APY with no minimum opening deposit or monthly fees. The downside is that this account does not come with a debit card or checks. It does, however, allow for unlimited deposits and up to six transfers per month. Interest on this account compounds monthly. ### 7\. UFB Direct Portfolio Money Market Account: 4.01% APY UFB Direct’s Portfolio Money Market Account offers a competitive 4.01% APY. There’s no minimum opening deposit required. However, there is a monthly fee of $10 unless you maintain a minimum balance of $5,000 in your account. This account also comes with a debit card and check-writing privileges. Interest is compounded daily and credited monthly. **Read our full review of UFB Direct** ### 8\. EverBank Yield Pledge Money Market Account: 4% APY EverBank’s Performance Money Market Account pays 4% APY with no monthly fees. Interest compounds daily. This account also comes with a debit card and checks. Plus, it offers ATM fee reimbursements. **Read our full review of EverBank** ### Related Stocks - [FFWM.US](https://longbridge.com/en/quote/FFWM.US.md) ## Related News & Research - [FirstSun appoints Spencer T. Cohn and five former First Foundation directors including Thomas C. 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