GOBankingRates works with many financial advertisers to showcase their products and services to our audiences.
These brands compensate us to advertise their products in ads across our site.
This compensation may impact how and where products appear on this site.
Commitment to Our Readers
GOBankingRates' editorial team is committed to bringing you unbiased reviews and information.
you’re free to read more about oureditorial guidelinesand our products and servicesreview methodology.
These include checking and savings accounts, credit cards, mortgages and loans and more.
Yes, and no.
What Is M&T Banks Best CD Rate?
The best CD rates may vary by region.
This product requires a qualifying M&T Bank checking account and a $1,000 minimum deposit.
Which Other Financial Institutions Have Money Market Accounts?
Many other financial institutions offer money market accounts that might suit your needs.
The account currently paysAPY on balances under $100,000 andAPY for balances over $100,000.
You will also enjoy access to more than 60,000 ATMs and have bill pay and check writing capabilities.
You also have the ability to write checks from the account and enjoy free transfers.
Is a Money Market Account Right for You?
Choosing a money market account is not all about the interest rate.
There are many variables to consider when choosing a money market account.
Some have high minimum balance requirements to avoid fees.
Some only allow a certain number of transactions per month before charging per transaction.
Is check writing important to you?
Not all have that.
The important thing to keep in mind is that the choice shouldnt hinge on just one variable.
Just see to it you research your options thoroughly.
FAQ
Rates are subject to change; unless otherwise noted, rates are updated periodically.
All other information on accounts is accurate as of Jan. 13, 2025.
Rates may vary by region.
To verify rates in your area, check the issuers website for details.
Share This Article:
