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Heres what you oughta know.
Fifth Third Bank High-Yield Savings Account
Fifth Third Bank doesnt offer ahigh-yield savings account.
But it does offer the Fifth Third Momentum Savings account, which offers a relatively lackluster rate ofAPY.
Fifth Third Bank CD Accounts
The promotional CDs at Fifth Third Bank offer the best rates.
These top rates vary based on your ZIP code.
Fifth Third Banks standard CDs offer aAPY on CD terms ranging from seven days to 84 months.
Which Financial Institutions Have Top Money Market Rates?
Many financial institution offersmoney market accounts.
And many of those accounts offer higher rates than Fifth Third Banks money market account.
Sallie Mae Bank Money Market Account
Sallie Mae Banks money market account currently offers aAPY.
Interest is compounded daily and paid out monthly.
Savers with Sallie Mae Bank wont encounter any minimum balance requirements or monthly maintenance fees.
Youll need to make a minimum deposit of $100 to bring up the account.
But you wont encounter a monthly fee.
If you maintain a minimum balance of $5,000, youll avoid the $10 monthly fee.
Like otherFDIC-insured institutions, your funds are safe up to $250,000 per individual.
EverBank Performance Money Market Account
EverBanks Performance money market account currently offers aAPY.
Savers with this account wont face any monthly maintenance fees.
FAQ
Rates are subject to change; unless otherwise noted, rates are updated periodically.
All other information on accounts is accurate as of Jan. 14, 2025.
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