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Best Money Market Accounts in Oregon of November 2022

Mary Gilman

Money market accounts earn you a competitive interest rate while giving you easy access to your money whenever you need it.

Residents of Oregon have access to a wide range of online and traditional money market accounts. The challenge is trying to choose the right account for your financial needs.

When making a selection, start by determining your needs and preferences. For example, if your main objective is to increase your savings faster, consider accounts with an annual percentage yield (APY). Interest rates can be tiered based on account balances whereas some banks offer one flat rate for all balances.

Other factors to look out for are account fees, minimum requirements, and ease of access. Some banks establish minimum initial deposit amount and minimum balance requirements. Other banks may also charge you monthly maintenance fees or transactional fees. Shop around and compare the available options. Look for an account with the best combination of high APY, low fees, and minimum requirements.

WalletBrain reviewed some of the available options based on the rates, fees, and other features. Compare our top picks of the money market accounts in Oregon to find the most suitable 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