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Advertiser Disclosure: Many of the savings offers appearing on this site are from advertisers from which this website receives compensation for being listed here. This compensation may impact how and where products appear on this site (including, for example, the order in which they appear). These offers do not represent all deposit accounts available.

Jumbo Money Market Account Rates

by | Money Rates Columnist

Jumbo money market accounts, like jumbo savings accounts and certificates of deposit (CDs), require a high minimum to earn a higher rate of interest, usually $100,000 to open.

While you need a higher opening deposit for a jumbo money market account, you'll likely be rewarded with higher bank rates to grow your money. Another added benefit is deposits are insured by the Federal Deposit Insurance Corporation. Money market accounts are have FDIC insurance coverage up to $250,000 per depositor, per institution.

The national rate for jumbo money market accounts is 0.11%, according to the FDIC in the latest weekly rate update Nov. 28, 2016. This is higher than the national rate for jumbo savings accounts.

Jumbo money market accounts vs. Jumbo CDs

One advantage a jumbo money market account has over a jumbo CD is liquidity – your money is available at any time whereas money invested in a jumbo CD has to remain there for the term of the CD (6 months, 1 year, 5 years or longer) in order to avoid early withdrawal penalties. If you do withdraw money from a jumbo account, though, you may be subject to fees if the balance goes below $100,000.

Accessibility to your funds is another reason to choose a jumbo money market account for your deposits. A jumbo account may come with the ability to write checks – although not all banks offer this. As with any financial vehicle, be sure to look at all of the terms and conditions of an account before you deposit your money. 

Check the table below to research the best jumbo money market rates for your deposits.

 Account Type
 Amount
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Currently banking with:

Type: MMA

Minimum to earn APY $10000

1.00%APY

Rates as of 12/4/2016
FDIC Insured

Advertiser Comments

  • ‘Tis the season to save with a 360 Money Market℠ account.
  • Earn a merry $100 bonus when you open and deposit $10,000 or more.
  • Enjoy a fee-free account with FDIC-insurance and free fraud coverage.

Type: MMA

Minimum to earn APY $0

0.85%APY

Rates as of 12/4/2016
FDIC Insured

Advertiser Comments

  • Debit card access.
  • Open and fund with any amount.
  • Ally Bank, Member FDIC.
Capital One 360
Minimum to earn APY $0
0.75% APY
Rates as of 2016-11-30
Comment
360 Savings Account - No fees - No minimum balance - Online account

Type: Savings

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Capital One 360
Minimum to earn APY $10,000
1.00% APY
Rates as of 2016-11-30
Comment
360 Money Market - Tier $10,000 or more

Type: MMA

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Ultima Bank
Minimum to earn APY $0
2.02% APY
Rates as of 2016-11-30
Comment
SMART Savings Account - for young adults 18 yrs or younger, withdrawals prior to 18th See morebirthday may result in a penalty

Type: Savings

Learn More
Salem Five Direct
Minimum to earn APY $0
1.10% APY
Rates as of 2016-11-30
Comment
eOne Savings - APY on balances of $0.01-$500,000. Companion account to eOne Checking, no minimum See morebalance, no monthly fees, free ATM card, Online applicants only, who do not have existing deposit accounts with Salem Five

Type: Savings

Learn More
iGOBanking
Minimum to earn APY $25,000
1.10% APY
Rates as of 2016-11-30
Comment
iGO Online Money Market

Type: MMA

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SFGI Direct
Minimum to earn APY $1
1.06% APY
Rates as of 2016-11-30

Type: Savings

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GS Bank
Minimum to earn APY $1
1.05% APY
Rates as of 2016-11-30
Comment
No minimum deposit to open. No transaction fees. FDIC insurance to the maximum allowed by See morelaw.

Type: Savings

Learn More
AloStar Bank of Commerce
Minimum to earn APY $0
1.05% APY
Rates as of 2016-11-30
Comment
Limit of six transactions per month - apply online

Type: Savings

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Dollar Bank Federal Savings Bank
Minimum to earn APY $0
1.00% APY
Rates as of 2016-11-30
Comment
Everything Savings - 1.00% APY on balances below $20,000 when linked with an Everything See moreChecking Account. The rates require Everything Checking with six qualifying monthly posted payments for example: check, Online Banking bill payment, Telephone Banking bill payment, ACH debit, Point-of-Sale transactions (signature or PIN based).- Open online and mail in forms. Available in Pennsylvania, and Ohio market area. Rate collected within: 15222 (PA)

Type: Savings

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California First National Bank
Minimum to earn APY $0
1.00% APY
Rates as of 2016-11-30
Comment
Money Market Checking - Tier Up to $14,999.99

Type: MMA

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Radius Bank
Minimum to earn APY $2,500
1.00% APY
Rates as of 2016-11-30
Comment
Radius High-Yield Savings - APY for balances $2,500 and above - apply online

Type: Savings

Learn More
iGOBanking
Minimum to earn APY $0
1.00% APY
Rates as of 2016-11-30
Comment
iGO Online Savings

Type: Savings

Learn More
Biscayne Bank
Minimum to earn APY $1
1.00% APY
Rates as of 2016-11-30
Comment
Regular Savings - Maintain $1,000 balance each day and avoid a $25 monthly maintenance fee See more- Miami-Dade County, Florida market area only

Type: Savings

Learn More
ableBanking
Minimum to earn APY $0
1.00% APY
Rates as of 2016-11-30
Comment
Money Market Savings - up to 6 withdrawals are permitted per month - apply online See more- a division of Northeast Bank based in Maine

Type: MMA

Learn More
Barclays
Minimum to earn APY $0
1.00% APY
Rates as of 2016-11-30
Comment
Online Savings - APY for all balances

Type: Savings

Learn More
UFB Direct
Minimum to earn APY $25,000
1.00% APY
Rates as of 2016-11-30
Comment
UFB Direct Savings Account - APY for balances $25,000 and above

Type: Savings

Learn More
Ultima Bank
Minimum to earn APY $1,000
0.95% APY
Rates as of 2016-11-30
Comment
UBM Direct Savings Account

Type: Savings

Learn More
FNBO Direct
Minimum to earn APY $0
0.95% APY
Rates as of 2016-11-30
Comment
Online Savings Act - Rated Kiplinger's Best Online Savings Account, no minimums, no monthly fees, See moremanage accounts securely online

Type: Savings

Learn More
CIT Bank
Minimum to earn APY $0
0.95% APY
Rates as of 2016-11-30
Comment
CIT Savings - APY for daily balances below $25,000 - apply online

Type: Savings

Learn More
The Palladian Private Bank
Minimum to earn APY $0
0.90% APY
Rates as of 2016-11-30
Comment
Currently there is a promotional interest rate for Palladian Savings Account which is fixed at See more1.30% for the first six months. After the promotional interest rate ends, the interest rate will be the non-promotional variable interest rate that is offered for Palladian Savings Account at that time (currently 0.90%). There is a minimum initial deposit of $10,000 and maximum initial deposit of $100,000.

Type: Savings

Learn More
American Express
Minimum to earn APY $0
0.90% APY
Rates as of 2016-11-30
Comment
High-Yield Savings - Bank by phone or online only.

Type: Savings

Learn More
Sallie Mae Bank
Minimum to earn APY $0
0.90% APY
Rates as of 2016-11-30
Comment
Nationwide - apply online

Type: MMA

Learn More
Chesapeake Bank
Minimum to earn APY $1
0.90% APY
Rates as of 2016-11-30
Comment
Clear Sky Savings - Tier $1 - $249,999

Type: Savings

Learn More
Colorado Federal Savings Bank
Minimum to earn APY $2,500
0.85% APY
Rates as of 2016-11-30
Comment
Online Savings Account - up to 6 withdrawal transactions per month with no service fee

Type: Savings

Learn More
EH National Bank
Minimum to earn APY $250,000
0.85% APY
Rates as of 2016-11-30
Comment
Premium Money Market - tier $250,000 and over

Type: MMA

Learn More
EH National Bank
Minimum to earn APY $10,000
0.81% APY
Rates as of 2016-11-30
Comment
Premium Money Market - tier $10,000 - $49,999

Type: MMA

Learn More
First Internet Bank
Minimum to earn APY $0
0.80% APY
Rates as of 2016-11-30
Comment
Money Market Savings - Rate earned on balances up to $99,999.99 - transaction limitations - See moreapply online

Type: MMA

Learn More
SmartyPig
Minimum to earn APY $0
0.80% APY
Rates as of 2016-11-30
Comment
APY for balances of $0.01 to $2,500

Type: Savings

Learn More
Amboy Direct
Minimum to earn APY $3,000
0.80% APY
Rates as of 2016-11-30
Comment
eSavings - Apply online or by mail, offer not available at branches.

Type: Savings

Learn More
AmTrust Direct
Minimum to earn APY $5,000
0.80% APY
Rates as of 2016-11-30
Comment
Earn More Money Market Account - Rate earned on balances of $5,000.00 and up-new money See moreonly.

Type: MMA

Learn More
MyBankingDirect
Minimum to earn APY $5,000
0.80% APY
Rates as of 2016-11-30
Comment
Earn More Money Market Account - Rate earned on balances of $5,000.00 and up-new money See moreonly.

Type: MMA

Learn More
EH National Bank
Minimum to earn APY $1
0.79% APY
Rates as of 2016-11-30
Comment
Personal Savings - must maintain a $1000 balance to avoid monthly $10 fee

Type: Savings

Learn More
Bank of Internet
Minimum to earn APY $1
0.75% APY
Rates as of 2016-11-30
Comment
Money Market Savings Account

Type: MMA

Learn More
Workers' Credit Union
Minimum to earn APY $50
0.75% APY
Rates as of 2016-11-30
Comment
cuSave - Online Savings - Membership is limited to residents of Massachusetts or New Hampshire See moreor those who work for a company that is based in Massachusetts

Type: Savings

Learn More
TIAA Direct
Minimum to earn APY $50,000
0.75% APY
Rates as of 2016-11-30
Comment
Money Market - tier $50,000 -$99,999

Type: MMA

Learn More
Century Bank Direct
Minimum to earn APY $0
0.74% APY
Rates as of 2016-11-30
Comment
Online MM Rate - Apply online

Type: MMA

Learn More
Geddes Federal Savings and Loan Association
Minimum to earn APY $50,000
0.70% APY
Rates as of 2016-11-30
Comment
Central New York market area only

Type: MMA

Learn More
AloStar Bank of Commerce
Minimum to earn APY $50,000
0.70% APY
Rates as of 2016-11-30
Comment
Money Market Advantage Account -Tiered rate APY for balances $50,000 and above - offer good See morefor new accounts or existing AloStar MMA customers who fund the account with a minimum $25K transfer from an external source - apply online

Type: MMA

Learn More
TIAA Direct
Minimum to earn APY $25,000
0.70% APY
Rates as of 2016-11-30
Comment
Money Market - tier $25,000 - $49,999

Type: MMA

Learn More
Century Bank Direct
Minimum to earn APY $0
0.69% APY
Rates as of 2016-11-30
Comment
Online Savings Rates - apply online

Type: Savings

Learn More
Virtual Bank
Minimum to earn APY $25,000
0.68% APY
Rates as of 2016-11-30
Comment
eMoney Market online account

Type: MMA

Learn More
Virtual Bank
Minimum to earn APY $0
0.65% APY
Rates as of 2016-11-30
Comment
eMoney Market online account

Type: MMA

Learn More
Virtual Bank
Minimum to earn APY $10,000
0.65% APY
Rates as of 2016-11-30
Comment
eMoney Market online account

Type: MMA

Learn More
Amboy Direct
Minimum to earn APY $30,000
0.65% APY
Rates as of 2016-11-30
Comment
Money Market Maximizer - New NJ customers only.

Type: MMA

Learn More
1st Constitution Bank
Minimum to earn APY $10,000
0.65% APY
Rates as of 2016-11-30
Comment
1st Choice Super Savings - Tier $10,000 or more - A monthly minimum balance fee See moreof $20 will be applied if the balance falls below $10,000 on any day of the month.

Type: Savings

Learn More
TIAA Direct
Minimum to earn APY $100
0.65% APY
Rates as of 2016-11-30
Comment
High-Yield Savings tier $100 - $9,999

Type: Savings

Learn More
TIAA Direct
Minimum to earn APY $10,000
0.65% APY
Rates as of 2016-11-30
Comment
High-Yield Savings tier $10,000 - $24,999

Type: Savings

Learn More
TIAA Direct
Minimum to earn APY $25,000
0.65% APY
Rates as of 2016-11-30
Comment
High-Yield Savings - tier $25,000 and up

Type: Savings

Learn More

Rates / APY terms above are current as of the date indicated. These quotes are from banks, credit unions and thrifts, some of which have paid for a link to their website. Bank, thrift and credit union deposits are insured by the FDIC or NCUA. Contact the bank for the terms and conditions that may apply to you. Rates are subject to change without notice and may not be the same at all branches.

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