Montana has hundreds of banks offering both online and in-person financial services to its residents. If you are in search of a money market account in Montana, there is a wide range of options available to choose from.
One of the main advantages of a money market account is the high-interest rates. These rates vary according to the prevailing economic conditions. While some banks offer tiered interest rates–the higher your balance, the higher the rate; others offer a flat rate. Choose one that is best suited for your needs.
Another factor to consider is the ease of access in terms of withdrawing and making deposits. For example, depending on your income sources, choose an account that allows you to make deposits via checks, cash, ATM, transfer between accounts, or schedule direct deposits into the account.
Other factors to consider are the account fees, minimum requirements, and safety. Shop around to find the best combination of features.
WalletBrain reviewed some of the available options and the following are our top recommendations. Find the best money market accounts in Montana and your most suitable 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.