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Best Money Market Accounts in Georgia of February 2023

Mary Gilman

Georgia is home to over 10 million Americans and has hundreds of banks operating within it.

If you are looking for a money market account in Georgia, there are several options available. Aim to find an account that fits your needs and individual preferences.

An annual percentage yield (APY) is the most attractive feature of a money market account. It is what most banks use to differentiate their account offerings. But, the interest rate usually varies depending on the market conditions. So, an account with the highest interest rate today might not be there tomorrow. Select an account with an interest rate that is close to the market rate. Look out for accounts with a ‘yield pledge,’ that the money market account will always be competitive and in the top 5%.

Other factors to consider are the account fees, minimum requirements, safety, and ease of access. For example, an account with high monthly fees will chip into your net earning.

The top money market accounts in Georgia provide a combination of high APY, low account fees, low minimum requirements, and ease of access. We reviewed some of the available options. Use our top picks to find the best match for your financial needs today.

Access to a debit card

0.25%

Est. APY

$0

Min. To Earn APY

Overview

Axos offers no monthly fees and no minimum balance requirement but requires $1,000 to open the account which you can take out after opening.

What we like

  • No monthly fees
  • Access to debit card
  • Access to check writing

What we don't

  • No physical branch
  • $1,000 to open account

Schedule payments with Bill Pay

1.55%

Est. APY

$0

Min. To Earn APY

Overview

Build your savings with an above-average APY.

What we like

  • No monthly fees
  • FDIC Insured
  • Bill Pay feature

What we don't

  • Online banking only
  • Excess transaction fees
  • Overdraft fee

Interest compounded daily

3.00%

Est. APY

$0

Min. To Earn APY

Overview

Quontic provides a money market account that offers a competitive interest rate, which accrues daily. Also, customers can receive a debit card for the account.  

What we like

  • Competitive interest rate
  • Interest compounded daily
  • Debit card available

What we don't

  • Transfer and withdrawal limits

Fee-free access to ATMs

3.83%

Est. APY

$0

Min. To Earn APY

Overview

UFB Money Market Account comes with a debit card (you must request it) and allows fee-free access to any ATM within the US. 

What we like

  • Access to ATMs
  • High APY
  • No minimum balance requirements
  • Compliementary debit card

What we don't

  • $5,000 minimum to avoid monthly fees
  • No physical branches