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Best Money Market Accounts in North Dakota of February 2023

Mary Gilman

North Dakota has dozens of online and traditional banks offering a wide range of financial services such as money market accounts. Money market accounts allow you to grow your money while maintaining access to it. The main challenge is finding the right account for you.

When choosing a money market account, look out for the interest rate or annual percentage yield (APY). Some banks offer a flat rate for all account balances, while others offer tiered interest rates. For example, the more your savings increase, the more you earn.

Also, look out for account fees and minimum requirements. Most of the banks offering a high APY usually require a high initial deposit and minimum balance requirements. Look out for an account with a high APY, low fees, and low minimum requirements.

Depending on the kind of access you need, consider the flexibility of depositing and withdrawing funds from the account. Some banks offer ATM cards, online and mobile access. Whatever your needs, shop around and compare the available options before making a decision.

We reviewed some of the available options based on their rates, fees, account minimums, and other features. Compare our top picks for the best money market accounts in North Dakota to find the right match for you 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