Best Money Market Accounts in Oklahoma of May 2021

Mary Gilman

If you are looking for a money market account in Oklahoma, there are a wide range of options available. The dozens of banks provide both online and traditional financial services. 

Whether you are saving towards a short-term or long-term financial goal or building an emergency fund, a money market account will help you reach your goal faster. The high-interest rates offered on these accounts will maximize the return rate for every dollar saved.

Apart from interest rates, look out for accounts with low minimum requirements, little to zero maintenance fees, and other perks. Some banks charge a monthly maintenance fee regardless of your balance. Others waive the fees if you meet certain requirements.

Other factors to consider are the perks that come with an account—for example, the flexibility of depositing or withdrawing funds. Some money market accounts will allow you to deposit checks using a mobile check deposit app. Others cater to the transfer of funds between accounts electronically or through scheduled direct deposits. Shop around and compare the options.

WalletBrain has compiled a list of its top money market accounts in Oklahoma. Review our comprehensive guide to find a 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