Best Money Market Rates in Phoenix, Arizona - June 2026
Brian McKay
Brian McKay
Founder & Data Architect- Automated Online Rate Data Aggregation
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Current Phoenix, Arizona and the surrounding area money market deposit account rates include Pima Federal Credit UnionPima Federal Credit Union645 E Missouri Ave, Phoenix, AZ 85012A+5.0 ★Texas Ratio: 2.55% Business Money Market at 4.00% APY, Vantage West Credit UnionVantage West Credit Union10440 N 32nd St, Phoenix, AZ 85028A5.0 ★Texas Ratio: 5.69% Launch Money Market at 4.00% APY, Mountain America Federal Credit UnionMountain America Federal Credit Union10810 N Tatum Blvd Ste 114, Phoenix, AZ 85028A5.0 ★Texas Ratio: 10.12% Money market at 3.55% APY, Sunflower BankSunflower Bank5090 N 40th St, Phoenix, AZ 85018A+5.0 ★Texas Ratio: 5.67% Thrive Money Market at 3.45% APY, and Mayo Employees Federal Credit UnionMayo Employees Federal Credit Union5777 E Mayo Blvd, Phoenix, AZ 85054A+5.0 ★Texas Ratio: 0.10% Premium Money Market Savings at 3.40% APY. Money market rates as of June 3, 2026 according to verified data from MonitorBankRates.
Phoenix has 18 local institutions in our database, with money market rates as high as 4.00% APY from Pima Federal Credit Union at 645 E Missouri Ave, Phoenix, AZ 85012. Use the table below to compare all available offers, including options from institutions serving the broader Arizona area. Rates are continually updated — we recommend checking back frequently.
Rates reflect recent market quotes and representative offers available to depositors in Phoenix, Arizona and surrounding area. Last Updated and Verified: June 3, 2026
Compare the Best Money Market Rates Today in Phoenix, Arizona & the Surrounding Area
as high as; Rates increase as balance increases
APY is variable and may change after account is opened. If fees are applied, earnings may be reduced. There is a service fee of $10 if minimum balance is not maintained. There is a $5 fee for each withdrawal over 6 in a monthly statement period. Not available for business accounts.
Elite Money Market Savings* balance tier: $25,000.00 to $99,999.99. Payment Frequency: Monthly
As High As
Balance Tier: $500,000.00 to $999,999.99
Balance Tier: $100,000.00 to $499,999.99
Balance Tier: $5000.00 to $99,999.99
$100,000.00
up to $99,999.99
Introductory rate
3.09% APY with a daily balance of $1,000,000 or less; 3.64% APY with a daily balance above $1,000,000; 3.05% interest rate with a daily balance of $1,000,000 or less; 3.58% interest rate with a daily balance above $1,000,000
3.09% APY with a daily balance of $1,000,000 or less; 3.64% APY with a daily balance above $1,000,000; 3.05% interest rate with a daily balance of $1,000,000 or less; 3.58% interest rate with a daily balance above $1,000,000
Earn 5x the national average. As of 4/20/2026 , the national average Annual Percentage Yield (APY) for Money Market Savings accounts is 0.57%, as published in the FDIC's Weekly National Rates and Rate Caps; average rate used is for deposits up to $100,000. The Daily Balance method is used to calculate interest. To avoid a monthly maintenance fee, you must maintain an average daily balance of $4,000 for the Personal Money Market account.
No term limitations; Deposit or withdraw cash as needed; Free checks & ATM access
Banks and Credit Unions: If you identify an incorrect rate or wish to request the removal of your institution’s data, please contact us here.
Phoenix, AZ Money Market Rate Trends
Compare local Phoenix, AZ money market quotes against the statewide average
Daily money market rate averages tracked across our database of 8,500+ banks and credit unions — updated every evening.
Arizona high-yield MMA rates currently average 3.172% APY.
Arizona standard MMA rates fell 0.085 points over the past 7 days to 0.871% APY.
Methodology & Data Sources
Independent, Free, and Unbiased Rate Comparisons: MonitorBankRates.com is an independent rate comparison service. Our Phoenix, Arizona money market rate tables are free for consumers to use, and we do not receive payment from any financial institution to be included or to be ranked in any particular order. Listings are based solely on the rates each institution publicly advertises on its own website.
A Note on Third-Party Rate Tools: Some pages on our site also feature rate comparison widgets and tools provided by third-party partners. These tools may include sponsored listings or affiliate links, and we may receive compensation when users click through them. We clearly label these widgets so you can tell at a glance which rates come from our independent MonitorBankRates.com tables and which come from our advertising partners.
Direct-Sourced & Verified Money Market Rate Data: We aggregate money market deposit account rates for Phoenix, Arizona directly from the official websites of banks and credit unions using our proprietary rate aggregation technology and a dedicated team of rate updaters. Every money market rate displayed on MonitorBankRates.com is highly accurate and trustworthy.
Local, Regional, and National Coverage: Our systems constantly monitor the market to provide a complete picture of available yields in Phoenix, Arizona. We feature a comprehensive mix of institutions from neighborhood credit unions and mid-sized regional banks to large national institutions available to savers in AZ.
Daily Updates & Time-Stamped Accuracy: Our rate updaters verify and update money market rates daily. Because MMA yields can fluctuate rapidly based on market conditions, every product listed features its own specific “last updated” date, giving you complete transparency.
Frequently Asked Questions about Money Market Accounts in Phoenix, Arizona
What is a Money Market Account (MMA)?
Are Money Market accounts in Phoenix, Arizona safe?
How often do MMA rates change in Phoenix, Arizona?
Can I write checks from a Money Market Account?
How much do I need to deposit to open a money market account in Phoenix, Arizona?
Best Money Market Rates in Phoenix, Arizona
- Pima Federal Credit Union
Business Money Market — 4.00% APY - Vantage West Credit Union
Launch Money Market — 4.00% APY - Mountain America Federal Credit Union
Money market — 3.55% APY - Sunflower Bank
Thrive Money Market — 3.45% APY - Mayo Employees Federal Credit Union
Premium Money Market Savings — 3.40% APY
