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Best Money Market Accounts in Pennsylvania of April 2025

Mary Gilman

If you are looking to earn competitive interest rates on your savings and to retain ease of access to your funds, consider a money market account. Pennsylvania offers both online and traditional financial services including money market accounts.

One of the main factors to look out for when selecting a money market account is the interest rate. Some banks offer tiered interest rates, meaning the higher your balance, the higher the rate. As that rate will grow, your balance will also increase, making it easier for you to reach your savings goal faster.

Insurance protection is another factor to consider. FDIC insures up to $250,000 of your deposits. In the rare event that your bank goes under, your funds will still be protected. Before making a selection, shop around and compare the account fees. High account fees will affect your net earnings as well.

Another account feature to keep an eye out for is the minimum requirements. Some accounts have large minimum opening deposits or they require you to maintain a minimum account balance in order to waive account fees. Also consider ease of access such as ATM, online, and mobile access.

We compared some of the available options and selected our top picks for the best money market accounts in Pennsylvania. Use our list to review the different options 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