Idaho is home to hundreds of banks spanning from local to national institutions. If you are searching for a money market account in Idaho, there is a wide range of available options.
When deciding on a money market account, consider one that gives you a competitive annual percentage yield (APY). A high APY will maximize the return on every dollar saved.
Apart from the APY, consider the account fees and minimums as they vary by institution. The minimums to watch out for include the minimum deposit requirement to open an account and a minimum account balance to avoid fees. Also, watch out for monthly fees, transfer fees, inactive account fees, and any other penalty you are likely to incur.
Ease of access is another factor to consider if you are saving towards an emergency fund. Look out for accounts with ATM, online, and mobile access. Keep an eye out for accounts with monthly ATM surcharge rebates.
Compare the available options to find the best combination of rates and features most suitable for your needs. We reviewed some of the best money market accounts in Idaho. Compare our top picks and find a match today.
This is a great money market account which acts like a checking account in some aspects.
It comes with a debit card and check writing privileges but be careful not to go over the monthly limit of 6 transactions. Per transaction above the limit will be expensive, around $10 per transaction.
This money market account comes with a low intial deposit of $100 to open the account and comes with no monthly fees. Interest is compounded daily and paid monthly.
You'll earn the current APY rate regardless the amount you deposit in the account - there is no tiered system.