Best Jumbo Money Market Account Rates — September 2026
Brian McKay
Brian McKay
Founder & Data Architect- Automated Online Rate Data Aggregation
- Location-Based Rate Tables
- Bank & Credit Union Health Safety Ratings
- Finance Calculators
Top jumbo money market rates currently available include CFG BankCFG Bank11 W Ridgely Rd, Lutherville, MD 21093D3.3 ★Texas Ratio: 35.17% offering Commercial Money Market + ICS at 4.05% APY, and RadiFi Credit UnionRadiFi Credit Union562 Park St, Jacksonville, FL 32204 2918A+5.0 ★Texas Ratio: 3.50% offering Jumbo Money Market at 4.00% APY, and Apple Federal Credit UnionApple Federal Credit Union14260J Centreville Sq, Centreville, VA 20121A+5.0 ★Texas Ratio: 2.61% offering Money Market at 4.00% APY, and Bankers Bank of the WestBankers Bank of the West1099 18th St, Denver, CO 80202A5.0 ★Texas Ratio: 6.05% offering Money Market Deposit Account at 3.97% APY. Savings rates as of September 22, 2026 according to verified data from MonitorBankRates.
We evaluate every listed institution using proprietary Safety Grades (A+ to F), Star Ratings, and Texas Ratios — critical for large-balance depositors seeking both yield and institutional security.
APYs reflect actual verified offers. Rates subject to change. Last Updated: September 22, 2026
Compare the Best Jumbo Money Market Rates
Click for full details.
No additional details available.
No monthly maintenance fees or ongoing balance requirements; No minimum withdrawal requirements; Make deposits in any amount at any time; Dividends are compounded daily and paid monthly
Maximum Amount: $20,800,000; Must be new funds to BBW or shifted from average Federal Funds Sold; Interest paid monthly, posted to the account
Annual Percentage Yield is accurate as of posting date and applies to new money deposits only. Rate is subject to change without notice after account opening. Fees and/or withdrawals could reduce the earnings on the account. $100,000 minimum required to earn stated rate for money market account. Fees could reduce the earnings on the account. A monthly service charge of $20 will be assessed if account does not maintain an average daily balance of $25,000.
Balance: $1,000,000+
May add deposits at any time. Check writing allowed. ATM card upon request
Balance: $500,000 - $999,999.99
Balance: $250,000 - $499,999.99
Balance: $100,000 - $249,999.99
Earn dividends on balances over $100,000. No monthly service fee.
Monthly Service Charge: $20; Waived with $100,000 minimum daily balance; Will not earn interest if balance falls below $100,000 and $20 monthly service charge will be imposed; Variable rate, it can increase or decrease during the life of the account; Account is allowed up to 6 transfers each month. Each additional transfer is subject to a fee of $15
Will not earn interest if balance falls below $100,000 and $20 monthly service charge will be imposed. Variable rate, it can increase or decrease during the life of the account. Account is allowed up to 6 transfers each month. Each additional transfer is subject to a fee of $15.
Balance: $1,000,000+
Balance: $250,000 or more; Rate: Federal Funds Effective Rate minus 0.25%
Balance: $500,000 - $999,999.99
Balance: $250,000 - $499,999.99
Balance: $100,000 - $249,999.99
Balance: $1,000,000 - ABOVE
Balance: $250,000+
Balance: $2,000,000-$4,000,000 (plus interest paid)
Balance: $100,000 and greater
Minimum: $100,000 to $1,000,000; Monthly Service Charge: $20; Waived with $100,000 minimum daily balance; Will not earn interest if balance falls below $100,000 and $20 monthly service charge will be imposed; Variable rate, it can increase or decrease during the life of the account; Account is allowed up to 6 transfers each month. Each additional transfer is subject to a fee of $15
Minimum: $100,000 to $1,000,000; Will not earn interest if balance falls below $100,000 and $20 monthly service charge will be imposed. Variable rate, it can increase or decrease during the life of the account. Account is allowed up to 6 transfers each month. Each additional transfer is subject to a fee of $15.
Balance: $100,000 - $249,999.99; Balance: $100,000 - $249,999.99; Rate: Federal Funds Effective Rate minus 0.50%
Balance: $500,000 - $999,999.99
Balance: $100,000.00 and greater
Minimum: $250,000.00 and above; Compound Frequency: Monthly
Balance: $1,000,000 and over
Balance: $100,000.00 - $249,999.99
Balances $250,000-$1,000,000 (plus interest paid)
Balances $250,000 to $1,000,000; Rates are variable and subject to change at any time without notice. This is a tiered rate account. A minimum balance of $250,000.00 is required to open the account and avoid a $10 monthly service charge. Balances of $250,000 to $1,000,000 earn 3.00% APY; balances less than $250,000 earn 1.50% APY. Funds over $1,000,000, excluding interest paid, will be returned to account owners. All accounts must be opened in person and are limited to one account per primary account owner. Fees may reduce earnings.
Balance: $2,000,000 +
Balance: $5,000,000 & Over
Balance: Balances $250,000 and above
Balances $250,000 and above; Rates are variable and subject to change at any time without notice. This is a tiered rate account. A minimum balance of $250,000.00 is required to open the account and avoid a $10 monthly service charge. Balances of $250,000 and above earn 3.00% APY; balances less than $250,000 earn 1.50% APY. All accounts must be opened in person. Fees may reduce earnings.
$250,000; 1 2
Balance: $5,000,000+; A $25 monthly maintenance fee will incur for balances falling below $100,000.
Balance: $1,000,000+
Balance: $100,000.01+
Balance: $500,000-$999,999
Dividend Distribution: Monthly
Balance: $750,000 -$999,999.99
Balance: $250,000.00 or more
Balance: $100,000 - $249,999
Balance: $100,000 - $249,999
No additional details available.
Balance: $250,000-$499,999
Balance: $250,000 & Up
Balance: $50,000 - $99,999.99; Rate: Federal Funds Effective Rate minus 1.00%
Balance: $500,000 - $749,999.99
Balance: $1,000,000 - $1,999,999.99
Balance: $100,000-$249,999
No additional details available.
No additional details available.
Balance: $250,000.00 & Greater
Balance: $2,500,000 - $4,999,999.99
APY = Annual Percentage Yield. Promotional Annual Percentage Yields (APY) are available for new money only. APY is accurate as of 2/8/23. Requires $1000 minimum balance to open. We reserve the right to end or modify these offers at any time. The dividend rate for your renewed term certificate will be determined at the maturity date. Early withdrawals are subject to penalties.
No additional details available.
$100,000 - $249,999.99; 1 2
Balance: $2,000,000 - $4,999,999.99; A $25 monthly maintenance fee will incur for balances falling below $100,000.
Balance: $250,000.00 OR MORE
Balance: $250,000 - $499,999.99
Balance: $100,000.00 - $249,999.99
Balance: $50,000.00 - $99,999.99
Balance: $500,000 - $999,999.99
Balance: $100,000 - $249,999
No additional details available.
Compounding: Monthly
Balance: over $200,000.00
2.25% annual percentage yield (APY) is based on a dividend rate of 2.225%. Offer is valid as of 05/01/2026. Fees may reduce earnings. This is a variable account. Valley Strong Membership is required. Offer and rates are subject to change at any time.
Balance: $0.00 - $100,000.00
Balance: $0.00 - $100,000.00
Balance: $1,000,000 - $2,499,999.99
Balance: $250,000 and over
Balance: $250,000 and over
Balance: $1,000,000 & Over
No additional details available.
Balance Requirement $150,000 to Higher Balance
Balance: $500,000 - $1,999,999.99; A $25 monthly maintenance fee will incur for balances falling below $100,000.
Balance: $500,000.00 - Unlimited
Balance: $96,000+
Balance: $250,000 and above
No additional details available.
Balance: $250,000.00 - $499,999.99
Balance: $500,000 - $999,999.99
Balance: $500,000 - $999,999.99
Balance: $49,000 - $95,999.99
Balance: $96,000+
No additional details available.
Balance: $100,000.00-$199,999.99
Balance: $100,000 to $249,999.99
Balance: $100,000 and up
Balance: $100,000 and up
Balance: $1,000,000-$1,999,999.99
Balance: $250,000 - $499,999.99
Balance: $250,000 - $499,999.99
Balance: Balances $1,000,000-$1,999,999.99
Balance: $100,000.00 to 249,999.99
Balance: $100,000.00 - $249,999.99
Balance: $100,000 - $249,999.99
Balance: $250,000 - $499,999.99
Balance Requirement $100,000 to $149,999
Balance: $250,000 - $499,999.99; A $25 monthly maintenance fee will incur for balances falling below $100,000.
Balance: $49,000 - $95,999.99
Balance: $25,000.00 - $49,999.99
Balance: $100,000.00 - $249,999.00
Compounding: Monthly
Balance: $500,000-$999,999.99
Balance: Balances $500,000-$999,999.99
Balance: $100,000 - Over
No additional details available.
No additional details available.
No additional details available.
No additional details available.
Balance: $250,000 and over
Balance: $100,000 and over
Balance: $100,000 and Up
Balance: $100,000 - $249,999.99; A $25 monthly maintenance fee will incur for balances falling below $100,000.
Balance: $100,000+
Balance: $200,000.01 and over
Balance: $150,000 and over
No additional details available.
Balance: $100,000.00 and over
Balance: $250,000 and over
Balance: $250,000 - $499,999.99
No additional details available.
Balance: less than $2,000,000
Qualifications Required: Auto or Real Estate Loan; Community First Credit Card; Local Advantage PLUS Checking Account; Qualify for these higher rates with: Auto or Real Estate Loan Community First Credit Card OR Local Advantage PLUS Checking Account. Effective: September 21st, 2026
Balance: $100,000 - $249,999.99
Balance: $100,000 - $249,999.99
Balance: Balances less than $250,000
Balance: $50,000 and up*
Balance: $100,000 - $249,999.99
Balance: Tier 2: $250,000 & Above
No additional details available.
Balance: above $250,000
Tiers: $250,000.00 & Up
Qualifications Required: Auto or Real Estate Loan; Community First Credit Card; Local Advantage PLUS Checking Account; Qualify for these higher rates with: Auto or Real Estate Loan Community First Credit Card OR Local Advantage PLUS Checking Account. Effective: September 21st, 2026
Balance: $100,000 & Up
No additional details available.
Tiers: $150,000.00 - $249,999.99
Money Market Rate Trends
Daily averages from our database of 8,500+ banks and credit unions — updated every evening.
What Is a Jumbo Money Market Account?
A jumbo money market account is a deposit account that requires a high minimum balance — typically $100,000 or more — in exchange for an elevated APY. They are designed for high-net-worth individuals, businesses, and organizations that hold large amounts of liquid cash and want to maximize yield without locking funds in a CD.
Because FDIC insurance covers only $250,000 per depositor per institution, holders of jumbo money market accounts should pay close attention to institutional financial health. MonitorBankRates displays Safety Grades, Star Ratings, and Texas Ratios for every listed institution so you can prioritize both yield and security.
Jumbo Money Market vs. High-Yield Savings vs. Jumbo CDs
Online high-yield savings accounts sometimes match or exceed jumbo money market APYs with no minimum balance requirement. Jumbo CDs offer guaranteed fixed rates for large deposits but lock your funds for a set term. The right choice depends on your liquidity needs, rate outlook, and deposit size. Use our comparison tool above to evaluate all options side by side.
Does a Jumbo Balance Actually Buy a Better Rate?
Not always — and this is the most useful thing to know before you move a large balance. Jumbo tiers historically paid a premium, but competition among high-yield accounts has narrowed and sometimes reversed that gap. Compare the two averages before assuming the jumbo tier wins.
| Balance | At Jumbo Average (2.12%) | At High-Yield Average (3.06%) | 1-Year Difference |
|---|---|---|---|
| $100,000 | $2,124.00 | $3,060.00 | −$936.00 |
| $250,000 | $5,310.00 | $7,650.00 | −$2,340.00 |
| $500,000 | $10,620.00 | $15,300.00 | −$4,680.00 |
| $1,000,000 | $21,240.00 | $30,600.00 | −$9,360.00 |
A negative difference means the broader high-yield money market average currently beats the jumbo average — in which case a jumbo minimum buys you nothing but a larger required balance. Both figures are averages across tracked institutions; individual offers vary widely, so compare the actual accounts in the table above rather than the averages alone.
What a Jumbo Balance Earns
At jumbo balances, small APY differences translate into real money — a quarter point on $500,000 is $1,250 a year. Here is a year of interest at the current jumbo average versus the top verified offer in our table.
| Balance | Earned in 1 Year at 2.12% APY Jumbo average |
Earned at 4.05% APY Top offer in our table | Difference |
|---|---|---|---|
| $100,000 | $2,124.00 | $4,050.00 | $1,926.00 |
| $250,000 | $5,310.00 | $10,125.00 | $4,815.00 |
| $500,000 | $10,620.00 | $20,250.00 | $9,630.00 |
| $1,000,000 | $21,240.00 | $40,500.00 | $19,260.00 |
Assumes the rate holds for the full year with no withdrawals and monthly compounding. Jumbo APYs are variable and tiered — the advertised rate usually requires maintaining the minimum balance, and dropping below it can reprice the entire balance to a lower tier. Balances above the insured limit are not protected unless structured across ownership categories or institutions.
Deposit Insurance Is the Real Jumbo Question
Chasing an extra few basis points matters far less than making sure the balance is actually insured. Federal deposit insurance covers $250,000 per depositor, per institution, per ownership category — and a jumbo money market balance can sit above that line by definition. The good news is that the limit is not a hard ceiling on how much you can protect.
Use Separate Ownership Categories
The limit applies per category, not per person. An individual account and a joint account at the same institution are insured separately, so a married couple can cover substantially more than $250,000 at one bank. Revocable trust accounts extend coverage further, based on the number of beneficiaries.
Spread Across Institutions
The simplest approach: split the balance so no single institution holds more than the insured limit. The cost is administrative — several logins, several rate changes to track — but the protection is absolute and requires no special product.
Ask About Network Deposit Programs
Some banks and credit unions participate in reciprocal deposit networks that spread a large balance across many member institutions behind the scenes, so you hold one account while each slice stays within the insured limit. Ask whether the institution offers one before assuming you must split manually.
Confirm the Product Is a Deposit
A money market account at an insured bank or credit union is a deposit and is covered. A money market fund sold through a brokerage is an investment — it is not deposit-insured and can lose value. At jumbo balances this distinction is the one worth being certain about.
Check any institution’s insured status directly at fdic.gov or ncua.gov, and confirm current coverage rules with the insurer rather than relying on a rate table. Deposit insurance rules are set by federal regulators and can be revised. MonitorBankRates is not a bank and does not provide insurance or legal advice.
About Our Jumbo Money Market Rate Database
This page tracks money market accounts with jumbo minimum balance requirements, typically $100,000 or more, drawn from the thousands of verified rates in our database. Every APY is sourced directly from the institution’s own website and re-verified regularly. Because jumbo pricing is tiered, always confirm the exact balance band that earns the advertised rate.
The highest verified APY in our table right now is 4.05% APY from CFG Bank. Money market APYs are variable — the institution can change the rate at any time without notice, so today’s leader may not lead next quarter.
Jumbo Money Market Calculator
See what a large balance earns and how much an APY difference is worth at this scale. We’ve prefilled the top verified rate — click any rate on the right to compare.
Assumes the APY holds for the entire period and interest compounds monthly with no withdrawals. Money market rates are variable and tiered — falling below the jumbo minimum can reprice the whole balance. Amounts above federal deposit insurance limits are not protected unless spread across ownership categories or institutions. Interest earned is generally taxable. Not a rate guarantee or an offer.
Methodology & Data Sources
Direct-Sourced & Verified Rate Data: We aggregate jumbo money market account rates directly from the official websites of banks and credit unions using our proprietary rate aggregation technology. By pulling data straight from institutions’ own digital properties and manually verifying yields daily, every rate on MonitorBankRates.com is highly accurate and trustworthy.
Local, Regional, and Coast-to-Coast Coverage: Our systems constantly monitor the market to provide a complete picture of available jumbo money market yields. We include community banks, credit unions, and major institutions to ensure you have full visibility into all available options.
Daily Updates & Time-Stamped Accuracy: Our rate updaters verify and update savings rates daily. Every product listed features its own specific “last updated” date for full transparency.
Proprietary Institution Health & Safety Grades: For large-balance depositors, institutional safety is paramount. Our Health Grades (A+ to F) and Star Ratings are composite metrics calculated using objective regulatory data — including the Texas Ratio — ensuring you deposit with secure, stable institutions.
Deposit Account Calculators
Frequently Asked Questions about Jumbo Money Market Accounts
What is a Jumbo Money Market Account?
How much FDIC insurance covers a jumbo money market account?
Are jumbo money market accounts worth it?
How do jumbo money market rates compare to regular savings rates?
Can I open a jumbo money market account online?
What is the minimum deposit for a jumbo money market account?
Are there fees on jumbo money market accounts?
What are the best Jumbo Money Market rates right now?
- CFG Bank
Commercial Money Market + ICS — 4.05% APY - RadiFi Credit Union
Jumbo Money Market — 4.00% APY - Apple Federal Credit Union
Money Market — 4.00% APY - Bankers Bank of the West
Money Market Deposit Account — 3.97% APY - State Bank of Texas
High-Rate Jumbo Money Market — 3.76% APY
More Money Market Rate Options
