Best Money Market Accounts in Nebraska of May 2021

Mary Gilman

If you are searching for a place to keep a good chunk of your funds and earn some interest, you can benefit from money market accounts. Banks in Nebraska offer residents a wide range of money market accounts to choose from. The challenge is finding the right account for you.

A high-interest rate or annual percentage yield (APY) is the main selling point for money markets accounts. A higher rate maximizes the rate of return on every dollar saved. Apart from the interest rate, look out for an account with low monthly and transactional fees.

Another factor to consider is the minimum account requirements. This includes a minimum initial deposit and potentially maintaining a minimum account balance. Most accounts offering a high APY but also have high minimum requirements.

Ease of access, especially if you are saving for an emergency fund, is important. The access goes both ways, including ease of withdrawal and ease of making deposits. Whether it’s check-writing capabilities, ATM, online, or mobile access, find an account with the features you need.

To assist you with the process, we reviewed some of Nebraska’s best money market accounts. Use our comprehensive review to find the most suitable match for you today.

Axos Bank High Yield Money Market Account

axos bank logo

$0

Monthly Fee

$1000

Min. To Open

0.60%

Est. APY

Overview

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.

What we like

  • Reimburses domestic ATM fees twice a month
  • Interest compounded daily
  • Debit card and check writing allowed

What we don't

  • No physical branch
  • $1,000 to open account
  • 6 Monthly Transaction Limit

Account Fees & Information

  • Monthly Fee$0
  • Min. To Open$1000
  • Min. Deposit For No Fee$0
  • Overdraft Fee$25
  • InsuredFDIC
  • State RestrictionsNone

ATM & Limits

  • Monthly Transaction Limits6
  • Excessive Transaction Fee$10+
  • ATM FeesDepends on ATM
  • Check WritingAllowed
  • Debit Card UseAllowed

CIT Bank Money Market Account

cit bank logo

$0

Monthly Fee

$100

Min. To Open

0.50%

Est. APY

Overview

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.

What we like

  • No monthly fees
  • $100 to open
  • Zelle & Paypal available

What we don't

  • No check writing
  • No physical branch locations
  • No tier for higher APY

Account Fees & Information

  • Monthly Fee$0
  • Min. To Open$100
  • Min. Deposit For No Fee$0
  • Overdraft Fee$25
  • InsuredFDIC
  • State RestrictionsNone

ATM & Limits

  • Monthly Transaction Limits6
  • Excessive Transaction Fee$10+
  • ATM FeesDepends on ATM
  • Check WritingN/A
  • Debit Card UseAllowed