SwitchWizeFinancial Decisions, Made Clearer

17 money-market accounts · Updated August 23, 2026

Best Money Market — August 2026

The best money-market accounts — ranked by rate, trust, and access

Set your balance and current bank rate — every account shows check-writing access, minimum requirements, and the exact dollars you gain per year by switching.

The best money-market accounts pay around 4.00% APY as of August 2026.

Want a higher APY without check writing?Compare high-yield savings →
Your balance$25,000
Your bank pays0.38%
Or enter exact
%
Annual opportunity
$905/yr
The top account pays 4.00% APY — 11x your current rate. Switching is free and FDIC-insured.
MethodologyIndependent rankings. Sponsored offers labeled. Terms verified regularly.

Proof of math

Why Bank5 Connect is currently ranked first here

No paid ranking impact

Your current rate

0.38% current rate

Best available

4.00% APY at Bank5 Connect

You could earn more

$905

per year · $75/mo

How we calculated this

$25,000 × (4.00% - 0.38%) ÷ 100

Assumptions

  • •$25,000 comparison balance.
  • •0.38% current rate entered on this page.
  • •Annualized simple-interest estimate before taxes.

Safety & friction

FDIC Insured~10 min setup$100 min deposit

Coverage is generally up to $250,000 per depositor, per insured institution, per ownership category.

Deposit accounts are intended for liquid cash, subject to account transfer limits and processing times.

Why ranked here: Rank is based on current APY, fees, minimums, trust signals, and the active filters on this page.

Freshness: 17 money-market accounts tracked by SwitchWize, checked August 23, 2026

SwitchWize may earn compensation from some partners. Sponsored status is disclosed and can be hidden with the page filter.

Rates and terms can change. Verify account details before opening.

Showing 17 money-market accounts
Filters available:
Active filters:None
Sort
Our takeOur top rate at 4% APY — best for rate chasers comfortable with a smaller online bank.
1
Bank5 ConnectTop rate
FDIC insured$100 min
APY
4.00%
+$905
more per year vs your bank
Your bank pays 0.38%+3.62% higher APY
Open account

You'll leave SwitchWize. Verify terms on provider site.

Full review·
Our takeOur top rate at 4% APY — best for rate chasers comfortable with a smaller online bank.
2
Western State Bank
FDIC insured$1,000 min
APY
4.00%
+$905
more per year vs your bank
Your bank pays 0.38%+3.62% higher APY
Open account

You'll leave SwitchWize. Verify terms on provider site.

Full review·
Our take3.9% APY with no opening minimum — 10 bps below our top pick.
3
Zynlo Bank
FDIC insuredNo minimum
APY
3.90%
+$880
more per year vs your bank
Your bank pays 0.38%+3.52% higher APY
Open account

You'll leave SwitchWize. Verify terms on provider site.

Full review·
Our takeOpen with just $100 — earns 3.8% APY.
4
Quontic Bank
FDIC insured$100 min
APY
3.80%
+$855
more per year vs your bank
Your bank pays 0.38%+3.42% higher APY
Open account

You'll leave SwitchWize. Verify terms on provider site.

Full review·
Our take$1,000 minimum deposit; earns 3.8% APY. Minimum deposit required.
5
CFG Bank
FDIC insured$1,000 min
APY
3.80%
+$855
more per year vs your bank
Your bank pays 0.38%+3.42% higher APY
Open account

You'll leave SwitchWize. Verify terms on provider site.

Full review·
Our takeCheck-writing savers who do not need ATM access
6
Sallie Mae BankTrusted
FDIC insuredNo minimum
APY
3.75%
+$843
more per year vs your bank
Your bank pays 0.38%+3.37% higher APY
Open account

You'll leave SwitchWize. Verify terms on provider site.

Full review·
Our take3.75% APY with no opening minimum — 25 bps below our top pick.
7
Prime Alliance Bank
FDIC insuredNo minimum
APY
3.75%
+$843
more per year vs your bank
Your bank pays 0.38%+3.37% higher APY
Open account

You'll leave SwitchWize. Verify terms on provider site.

Full review·
Our take3.6% APY with no opening minimum — 40 bps below our top pick.
8
Langley FCU
FDIC insuredNo minimum
APY
3.60%
+$805
more per year vs your bank
Your bank pays 0.38%+3.22% higher APY
Open account

You'll leave SwitchWize. Verify terms on provider site.

Full review·
Our takeBest if you keep a larger balance — the $25,000 minimum earns 3.5% APY.
9
BankPurely
FDIC insured$25,000 min
APY
3.50%
+$780
more per year vs your bank
Your bank pays 0.38%+3.12% higher APY
Open account

You'll leave SwitchWize. Verify terms on provider site.

Full review·
Our takeOpen with just $100 — earns 3.3% APY.
10
Bank of Hope
FDIC insured$100 min
APY
3.30%
+$730
more per year vs your bank
Your bank pays 0.38%+2.92% higher APY
Open account

You'll leave SwitchWize. Verify terms on provider site.

Full review·
Updated August 23, 2026·FDIC/NCUA coverage shown where verified·How we rank & verify rates·Our data: Money Market Gap Index·Advertising disclosure

Tools

Run the numbers before you switch

Money Market Earnings Calculator

What a money market account really earns after balance tiers and fees.

Comparing more than one account type?

High-yield savings
No minimum balance, no check-writing needed
View →
CD rates
Lock in a rate if you won't need the cash
View →

Learn

Guides and explainers

banking

Best Money Market Accounts 2026: High Rates With Check-Writing Flexibility

Not sure how efficient your setup is?

Score your savings yield, card rewards, and fees — 300 to 850, free.

Check my score →

Comparing rates?

Money Map finds your best account in 90 seconds and shows exactly how to switch.

Start Money Map