Best Money Market Rates in Cape Coral, Florida (FL) - May 2026
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Brian McKay
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The rates displayed are actual, verified rates sourced directly from the official websites of banks and credit unions. Our editorial content is independent of any advertiser relationships.
Current Cape Coral, Florida and the surrounding area money market deposit account rates include LMCU Lake Michigan Credit UnionLMCU Lake Michigan Credit Union530 Cape Coral Pkwy E, Cape Coral, FL 33904 8518A+5.0 ★Texas Ratio: 2.47% Max Money Market at 4.00% APY, Midflorida Credit UnionMidflorida Credit Union804 Cape Coral Pkwy E, Cape Coral, FL 33904A+5.0 ★Texas Ratio: 2.45% Business Money Market at 3.50% APY, Suncoast Credit UnionSuncoast Credit Union1730 Cape Coral Pkwy W, Cape Coral, FL 33914A5.0 ★Texas Ratio: 6.47% Regular Money Market Accounts at 3.50% APY, TruistTruist1533 Cape Coral Pkwy W, Cape Coral, FL 33914A+5.0 ★Texas Ratio: 3.63% Small Business Money Market Account at 3.40% APY, and Achieva Credit UnionAchieva Credit Union2127 Del Prado Blvd S, Cape Coral, FL 33990A+5.0 ★Texas Ratio: 1.90% Indexed Money Market Account at 2.81% APY. Money market rates as of May 12, 2026 according to verified data from MonitorBankRates.
Cape Coral has 6 local institutions in our database, with money market rates as high as 4.00% APY from LMCU Lake Michigan Credit Union at 530 Cape Coral Pkwy E, Cape Coral, FL 33904 8518. Use the table below to compare all available offers, including options from institutions serving the broader Florida area. Rates are continually updated — we recommend checking back frequently.
Rates reflect recent market quotes and representative offers available to depositors in Cape Coral, Florida and surrounding area. Last Updated and Verified: May 12, 2026
Compare the Best Money Market Rates Today in Cape Coral, Florida & the Surrounding Area
Source: Verified Money Market Rate Data provided by MonitorBankRates
Institution
Product
APY
Min Deposit
Profile
LMCU Lake Michigan Credit Union
Institution Rating:
A+5.0 ★ Texas Ratio: 2.47%
530 Cape Coral Pkwy E, Cape Coral, FL 33904 8518
Max Money Market
4.00%
$0
▼
Rate3.93%
Min Deposit$0
Min Balance—
UpdatedMay 10, 2026
Details
$1,000,000 +
Suncoast Credit Union
Institution Rating:
A5.0 ★ Texas Ratio: 6.47%
1730 Cape Coral Pkwy W, Cape Coral, FL 33914
Regular Money Market Accounts
3.50%
$0
▼
Rate—
Min Deposit$0
Min Balance—
UpdatedMay 12, 2026
Details
The Higher the Amount the Higher the Interest Rate.
Midflorida Credit Union
Institution Rating:
A+5.0 ★ Texas Ratio: 2.45%
804 Cape Coral Pkwy E, Cape Coral, FL 33904
Business Money Market
3.50%
$0
▼
Rate3.44%
Min Deposit$0
Min Balance—
UpdatedMay 12, 2026
Details
Truist
Institution Rating:
A+5.0 ★ Texas Ratio: 3.63%
1533 Cape Coral Pkwy W, Cape Coral, FL 33914
Small Business Money Market Account
3.40%
$0
▼
Rate—
Min Deposit$0
Min Balance—
UpdatedMay 4, 2026
Details
Midflorida Credit Union
Institution Rating:
A+5.0 ★ Texas Ratio: 2.45%
804 Cape Coral Pkwy E, Cape Coral, FL 33904
Business Money Market
3.25%
$0
▼
Rate3.20%
Min Deposit$0
Min Balance—
UpdatedMay 12, 2026
Details
LMCU Lake Michigan Credit Union
Institution Rating:
A+5.0 ★ Texas Ratio: 2.47%
530 Cape Coral Pkwy E, Cape Coral, FL 33904 8518
Max Money Market
3.25%
$0
▼
Rate3.20%
Min Deposit$0
Min Balance—
UpdatedMay 10, 2026
Details
$250,000 - $999,999
Midflorida Credit Union
Institution Rating:
A+5.0 ★ Texas Ratio: 2.45%
804 Cape Coral Pkwy E, Cape Coral, FL 33904
Business Money Market
3.05%
$0
▼
Rate3.01%
Min Deposit$0
Min Balance—
UpdatedMay 12, 2026
Details
Suncoast Credit Union
Institution Rating:
A5.0 ★ Texas Ratio: 6.47%
1730 Cape Coral Pkwy W, Cape Coral, FL 33914
High Yield Money Market Account
3.00%
$0
▼
Rate—
Min Deposit$0
Min Balance—
UpdatedMay 12, 2026
Details
Qualifying balance up to $24,999.00; High yield checking required
LMCU Lake Michigan Credit Union
Institution Rating:
A+5.0 ★ Texas Ratio: 2.47%
530 Cape Coral Pkwy E, Cape Coral, FL 33904 8518
Max Money Market
3.00%
$0
▼
Rate2.96%
Min Deposit$0
Min Balance—
UpdatedMay 10, 2026
Details
$100,000 - $249,999
Achieva Credit Union
Institution Rating:
A+5.0 ★ Texas Ratio: 1.90%
2127 Del Prado Blvd S, Cape Coral, FL 33990
Indexed Money Market Account
2.81%
$0
▼
Rate2.77%
Min Deposit$0
Min Balance—
UpdatedMay 10, 2026
Details
Midflorida Credit Union
Institution Rating:
A+5.0 ★ Texas Ratio: 2.45%
804 Cape Coral Pkwy E, Cape Coral, FL 33904
Business Money Market
2.75%
$0
▼
Rate2.72%
Min Deposit$0
Min Balance—
UpdatedMay 12, 2026
Details
Achieva Credit Union
Institution Rating:
A+5.0 ★ Texas Ratio: 1.90%
2127 Del Prado Blvd S, Cape Coral, FL 33990
Indexed Money Market Account
2.62%
$0
▼
Rate2.59%
Min Deposit$0
Min Balance—
UpdatedMay 10, 2026
Details
Achieva Credit Union
Institution Rating:
A+5.0 ★ Texas Ratio: 1.90%
2127 Del Prado Blvd S, Cape Coral, FL 33990
Premier Money Market Plus - ACP/ACPP with Direct Deposit
2.55%
$0
▼
Rate2.52%
Min Deposit$0
Min Balance—
UpdatedMay 10, 2026
Details
Achieva Credit Union
Institution Rating:
A+5.0 ★ Texas Ratio: 1.90%
2127 Del Prado Blvd S, Cape Coral, FL 33990
Premier Money Market Plus - Achieva Checking with Direct Deposit
2.55%
$0
▼
Rate2.52%
Min Deposit$0
Min Balance—
UpdatedMay 10, 2026
Details
Midflorida Credit Union
Institution Rating:
A+5.0 ★ Texas Ratio: 2.45%
804 Cape Coral Pkwy E, Cape Coral, FL 33904
Business Money Market
2.50%
$0
▼
Rate2.47%
Min Deposit$0
Min Balance—
UpdatedMay 12, 2026
Details
Achieva Credit Union
Institution Rating:
A+5.0 ★ Texas Ratio: 1.90%
2127 Del Prado Blvd S, Cape Coral, FL 33990
Premier Money Market Plus - ACP/ACPP with Direct Deposit
2.50%
$0
▼
Rate2.47%
Min Deposit$0
Min Balance—
UpdatedMay 10, 2026
Details
Achieva Credit Union
Institution Rating:
A+5.0 ★ Texas Ratio: 1.90%
2127 Del Prado Blvd S, Cape Coral, FL 33990
Premier Money Market Plus - Achieva Checking with Direct Deposit
2.50%
$0
▼
Rate2.47%
Min Deposit$0
Min Balance—
UpdatedMay 10, 2026
Details
Achieva Credit Union
Institution Rating:
A+5.0 ★ Texas Ratio: 1.90%
2127 Del Prado Blvd S, Cape Coral, FL 33990
Premier Money Market Plus - ACP/ACPP with Direct Deposit
2.45%
$0
▼
Rate2.42%
Min Deposit$0
Min Balance—
UpdatedMay 10, 2026
Details
Achieva Credit Union
Institution Rating:
A+5.0 ★ Texas Ratio: 1.90%
2127 Del Prado Blvd S, Cape Coral, FL 33990
Premier Money Market Plus - Achieva Checking with Direct Deposit
2.45%
$0
▼
Rate2.42%
Min Deposit$0
Min Balance—
UpdatedMay 10, 2026
Details
Achieva Credit Union
Institution Rating:
A+5.0 ★ Texas Ratio: 1.90%
2127 Del Prado Blvd S, Cape Coral, FL 33990
Performance Money Market
2.40%
$0
▼
Rate2.37%
Min Deposit$0
Min Balance—
UpdatedMay 10, 2026
Details
Achieva Credit Union
Institution Rating:
A+5.0 ★ Texas Ratio: 1.90%
2127 Del Prado Blvd S, Cape Coral, FL 33990
Premier Money Market Plus - Achieva Checking with Direct Deposit
2.40%
$0
▼
Rate2.37%
Min Deposit$0
Min Balance—
UpdatedMay 10, 2026
Details
Achieva Credit Union
Institution Rating:
A+5.0 ★ Texas Ratio: 1.90%
2127 Del Prado Blvd S, Cape Coral, FL 33990
Premier Money Market Plus - ACP/ACPP with Direct Deposit
2.40%
$0
▼
Rate2.37%
Min Deposit$0
Min Balance—
UpdatedMay 10, 2026
Details
Achieva Credit Union
Institution Rating:
A+5.0 ★ Texas Ratio: 1.90%
2127 Del Prado Blvd S, Cape Coral, FL 33990
Premier Money Market Plus - Achieva Checking with Direct Deposit
2.35%
$0
▼
Rate2.33%
Min Deposit$0
Min Balance—
UpdatedMay 10, 2026
Details
Achieva Credit Union
Institution Rating:
A+5.0 ★ Texas Ratio: 1.90%
2127 Del Prado Blvd S, Cape Coral, FL 33990
Premier Money Market Plus - ACP/ACPP with Direct Deposit
2.35%
$0
▼
Rate2.33%
Min Deposit$0
Min Balance—
UpdatedMay 10, 2026
Details
Achieva Credit Union
Institution Rating:
A+5.0 ★ Texas Ratio: 1.90%
2127 Del Prado Blvd S, Cape Coral, FL 33990
Premier Money Market Plus - ACP/ACPP with Direct Deposit
2.30%
$0
▼
Rate2.28%
Min Deposit$0
Min Balance—
UpdatedMay 10, 2026
Details
Achieva Credit Union
Institution Rating:
A+5.0 ★ Texas Ratio: 1.90%
2127 Del Prado Blvd S, Cape Coral, FL 33990
Premier Money Market Plus - Achieva Checking with Direct Deposit
2.30%
$0
▼
Rate2.28%
Min Deposit$0
Min Balance—
UpdatedMay 10, 2026
Details
LMCU Lake Michigan Credit Union
Institution Rating:
A+5.0 ★ Texas Ratio: 2.47%
530 Cape Coral Pkwy E, Cape Coral, FL 33904 8518
Max Money Market
2.00%
$0
▼
Rate1.98%
Min Deposit$0
Min Balance—
UpdatedMay 10, 2026
Details
$25,000 - $49,999
Achieva Credit Union
Institution Rating:
A+5.0 ★ Texas Ratio: 1.90%
2127 Del Prado Blvd S, Cape Coral, FL 33990
Indexed Money Market Account
1.88%
$0
▼
Rate1.86%
Min Deposit$0
Min Balance—
UpdatedMay 10, 2026
Details
Achieva Credit Union
Institution Rating:
A+5.0 ★ Texas Ratio: 1.90%
2127 Del Prado Blvd S, Cape Coral, FL 33990
Performance Money Market
1.80%
$0
▼
Rate1.78%
Min Deposit$0
Min Balance—
UpdatedMay 10, 2026
Details
Achieva Credit Union
Institution Rating:
A+5.0 ★ Texas Ratio: 1.90%
2127 Del Prado Blvd S, Cape Coral, FL 33990
Performance Money Market
1.70%
$0
▼
Rate1.69%
Min Deposit$0
Min Balance—
UpdatedMay 10, 2026
Details
Achieva Credit Union
Institution Rating:
A+5.0 ★ Texas Ratio: 1.90%
2127 Del Prado Blvd S, Cape Coral, FL 33990
Premier Money Market Plus
1.55%
$0
▼
Rate1.54%
Min Deposit$0
Min Balance—
UpdatedMay 10, 2026
Details
Achieva Credit Union
Institution Rating:
A+5.0 ★ Texas Ratio: 1.90%
2127 Del Prado Blvd S, Cape Coral, FL 33990
Premier Money Market Plus - Achieva Checking with Direct Deposit
1.55%
$0
▼
Rate1.54%
Min Deposit$0
Min Balance—
UpdatedMay 10, 2026
Details
Achieva Credit Union
Institution Rating:
A+5.0 ★ Texas Ratio: 1.90%
2127 Del Prado Blvd S, Cape Coral, FL 33990
Premier Money Market Plus - Achieva Checking with Direct Deposit
1.50%
$0
▼
Rate1.49%
Min Deposit$0
Min Balance—
UpdatedMay 10, 2026
Details
Achieva Credit Union
Institution Rating:
A+5.0 ★ Texas Ratio: 1.90%
2127 Del Prado Blvd S, Cape Coral, FL 33990
Premier Money Market Plus
1.50%
$0
▼
Rate1.49%
Min Deposit$0
Min Balance—
UpdatedMay 10, 2026
Details
Achieva Credit Union
Institution Rating:
A+5.0 ★ Texas Ratio: 1.90%
2127 Del Prado Blvd S, Cape Coral, FL 33990
Premier Money Market Plus - Achieva Checking with Direct Deposit
1.45%
$0
▼
Rate1.44%
Min Deposit$0
Min Balance—
UpdatedMay 10, 2026
Details
Achieva Credit Union
Institution Rating:
A+5.0 ★ Texas Ratio: 1.90%
2127 Del Prado Blvd S, Cape Coral, FL 33990
Premier Money Market Plus
1.45%
$0
▼
Rate1.44%
Min Deposit$0
Min Balance—
UpdatedMay 10, 2026
Details
Achieva Credit Union
Institution Rating:
A+5.0 ★ Texas Ratio: 1.90%
2127 Del Prado Blvd S, Cape Coral, FL 33990
Premier Money Market Plus
1.40%
$0
▼
Rate1.39%
Min Deposit$0
Min Balance—
UpdatedMay 10, 2026
Details
Achieva Credit Union
Institution Rating:
A+5.0 ★ Texas Ratio: 1.90%
2127 Del Prado Blvd S, Cape Coral, FL 33990
Premier Money Market Plus - Achieva Checking with Direct Deposit
1.40%
$0
▼
Rate1.39%
Min Deposit$0
Min Balance—
UpdatedMay 10, 2026
Details
Achieva Credit Union
Institution Rating:
A+5.0 ★ Texas Ratio: 1.90%
2127 Del Prado Blvd S, Cape Coral, FL 33990
Premier Money Market Plus - Achieva Checking with Direct Deposit
1.35%
$0
▼
Rate1.34%
Min Deposit$0
Min Balance—
UpdatedMay 10, 2026
Details
Achieva Credit Union
Institution Rating:
A+5.0 ★ Texas Ratio: 1.90%
2127 Del Prado Blvd S, Cape Coral, FL 33990
Premier Money Market Plus
1.35%
$0
▼
Rate1.34%
Min Deposit$0
Min Balance—
UpdatedMay 10, 2026
Details
Achieva Credit Union
Institution Rating:
A+5.0 ★ Texas Ratio: 1.90%
2127 Del Prado Blvd S, Cape Coral, FL 33990
Premier Money Market Plus
1.30%
$0
▼
Rate1.29%
Min Deposit$0
Min Balance—
UpdatedMay 10, 2026
Details
Achieva Credit Union
Institution Rating:
A+5.0 ★ Texas Ratio: 1.90%
2127 Del Prado Blvd S, Cape Coral, FL 33990
Premier Money Market Plus - Achieva Checking with Direct Deposit
1.30%
$0
▼
Rate1.29%
Min Deposit$0
Min Balance—
UpdatedMay 10, 2026
Details
Achieva Credit Union
Institution Rating:
A+5.0 ★ Texas Ratio: 1.90%
2127 Del Prado Blvd S, Cape Coral, FL 33990
Performance Money Market
1.25%
$0
▼
Rate1.24%
Min Deposit$0
Min Balance—
UpdatedMay 10, 2026
Details
Suncoast Credit Union
Institution Rating:
A5.0 ★ Texas Ratio: 6.47%
1730 Cape Coral Pkwy W, Cape Coral, FL 33914
Regular Money Market Accounts
1.25%
$0
▼
Rate—
Min Deposit$0
Min Balance—
UpdatedMay 12, 2026
Details
The Higher the Amount the Higher the Interest Rate.
Achieva Credit Union
Institution Rating:
A+5.0 ★ Texas Ratio: 1.90%
2127 Del Prado Blvd S, Cape Coral, FL 33990
Relationship Money Market Tier 4
1.20%
$0
▼
Rate1.19%
Min Deposit$0
Min Balance—
UpdatedMay 10, 2026
Details
Member of 25+ years
Achieva Credit Union
Institution Rating:
A+5.0 ★ Texas Ratio: 1.90%
2127 Del Prado Blvd S, Cape Coral, FL 33990
Relationship Money Market Tier 3
1.05%
$0
▼
Rate1.04%
Min Deposit$0
Min Balance—
UpdatedMay 10, 2026
Details
Achieva Credit Union
Institution Rating:
A+5.0 ★ Texas Ratio: 1.90%
2127 Del Prado Blvd S, Cape Coral, FL 33990
Relationship Money Market Tier 4
1.05%
$0
▼
Rate1.04%
Min Deposit$0
Min Balance—
UpdatedMay 10, 2026
Details
Member of 25+ years
LMCU Lake Michigan Credit Union
Institution Rating:
A+5.0 ★ Texas Ratio: 2.47%
530 Cape Coral Pkwy E, Cape Coral, FL 33904 8518
Max Money Market
1.00%
$0
▼
Rate0.99%
Min Deposit$0
Min Balance—
UpdatedMay 10, 2026
Details
Less than $2,500
Achieva Credit Union
Institution Rating:
A+5.0 ★ Texas Ratio: 1.90%
2127 Del Prado Blvd S, Cape Coral, FL 33990
Relationship Money Market Tier 2
0.90%
$0
▼
Rate0.90%
Min Deposit$0
Min Balance—
UpdatedMay 10, 2026
Details
Member of 5-14 years
Achieva Credit Union
Institution Rating:
A+5.0 ★ Texas Ratio: 1.90%
2127 Del Prado Blvd S, Cape Coral, FL 33990
Relationship Money Market Tier 3
0.90%
$0
▼
Rate0.90%
Min Deposit$0
Min Balance—
UpdatedMay 10, 2026
Details
Achieva Credit Union
Institution Rating:
A+5.0 ★ Texas Ratio: 1.90%
2127 Del Prado Blvd S, Cape Coral, FL 33990
Performance Money Market
0.75%
$0
▼
Rate0.75%
Min Deposit$0
Min Balance—
UpdatedMay 10, 2026
Details
First Horizon
Institution Rating:
A+5.0 ★ Texas Ratio: 5.08%
506 Cape Coral Pkwy E, Cape Coral, FL 33904
TotalView Money Market Savings
0.75%
$0
▼
Rate—
Min Deposit$0
Min Balance—
UpdatedMay 4, 2026
Details
First Horizon
Institution Rating:
A+5.0 ★ Texas Ratio: 5.08%
506 Cape Coral Pkwy E, Cape Coral, FL 33904
TotalView Money Market Savings
0.60%
$0
▼
Rate—
Min Deposit$0
Min Balance—
UpdatedMay 4, 2026
Details
First Horizon
Institution Rating:
A+5.0 ★ Texas Ratio: 5.08%
506 Cape Coral Pkwy E, Cape Coral, FL 33904
TotalView Money Market Savings
0.50%
$0
▼
Rate—
Min Deposit$0
Min Balance—
UpdatedMay 4, 2026
Details
First Horizon
Institution Rating:
A+5.0 ★ Texas Ratio: 5.08%
506 Cape Coral Pkwy E, Cape Coral, FL 33904
Money Market Savings
0.15%
$0
▼
Rate—
Min Deposit$0
Min Balance—
UpdatedMay 4, 2026
Details
First Horizon
Institution Rating:
A+5.0 ★ Texas Ratio: 5.08%
506 Cape Coral Pkwy E, Cape Coral, FL 33904
Money Market Savings
0.10%
$0
▼
Rate—
Min Deposit$0
Min Balance—
UpdatedMay 4, 2026
Details
Climate First Bank
Institution Rating:
A+5.0 ★ Texas Ratio: 0.00%
Business Money Market
4.26%
$0
▼
Rate—
Min Deposit$0
Min Balance—
UpdatedMay 5, 2026
Details
Terms Apply.
Total Direct Bank
Institution Rating:
A5.0 ★ Texas Ratio: 6.04%
Money Market Account
4.01%
$25,000
▼
Rate—
Min Deposit$25,000
Min Balance—
UpdatedMay 4, 2026
Details
for balances $2,500 and over
The Huntington National Bank
Institution Rating:
A+5.0 ★ Texas Ratio: 4.60%
Huntington Relationship Money Market
3.82%
$25,000
▼
Rate—
Min Deposit$25,000
Min Balance—
UpdatedMay 4, 2026
Details
Gulf Coast Business Bank
Institution Rating:
A+5.0 ★ Texas Ratio: 0.00%
MONEY MARKET
3.82%
$0
▼
Rate—
Min Deposit$0
Min Balance—
UpdatedMay 5, 2026
Details
The Huntington National Bank
Institution Rating:
A+5.0 ★ Texas Ratio: 4.60%
High-Yield Money Market
3.82%
$25,000
▼
Rate—
Min Deposit$25,000
Min Balance—
UpdatedMay 4, 2026
Details
Minimum of **$25,000** not currently deposited at Huntington.
Citizens Bank
Institution Rating:
A5.0 ★ Texas Ratio: 8.28%
Citizens Private Client® Money Market
3.75%
$0
▼
Rate—
Min Deposit$0
Min Balance—
UpdatedMay 4, 2026
Details
Qualifying balance up to $25,000.00
Citizens Bank
Institution Rating:
A5.0 ★ Texas Ratio: 8.28%
Citizens Quest® Money Market
3.75%
$0
▼
Rate—
Min Deposit$0
Min Balance—
UpdatedMay 4, 2026
Details
Qualifying balance up to $25,000.00
Rate—
Min Deposit$0
Min Balance—
UpdatedMay 4, 2026
Details
Rate—
Min Deposit$0
Min Balance—
UpdatedMay 4, 2026
Details
Rate—
Min Deposit$0
Min Balance—
UpdatedMay 4, 2026
Details
Newtek Bank
Institution Rating:
A+5.0 ★ Texas Ratio: 5.72%
Business Money Market Account
3.50%
$0
▼
Rate—
Min Deposit$0
Min Balance—
UpdatedMay 4, 2026
Details
No service charges or monthly fees.
The Huntington National Bank
Institution Rating:
A+5.0 ★ Texas Ratio: 4.60%
Huntington Relationship Money Market
3.20%
$25,000
▼
Rate—
Min Deposit$25,000
Min Balance—
UpdatedMay 4, 2026
Details
The Huntington National Bank
Institution Rating:
A+5.0 ★ Texas Ratio: 4.60%
High-Yield Money Market
3.20%
$25,000
▼
Rate—
Min Deposit$25,000
Min Balance—
UpdatedMay 4, 2026
Details
Minimum of **$25,000** not currently deposited at Huntington.
FLC Bank
Institution Rating:
A+5.0 ★ Texas Ratio: 1.89%
Money Market Accounts (Personal and Business)
3.05%
$0
▼
Rate3.00%
Min Deposit$0
Min Balance—
UpdatedMay 5, 2026
Details
Wilmington Savings Fund Society (WSFS)
Institution Rating:
A+5.0 ★ Texas Ratio: 3.24%
High-Yield Money Market
3.00%
$0
▼
Rate—
Min Deposit$0
Min Balance—
UpdatedMay 4, 2026
Details
Qualifying balance up to $100,000.00
FLC Bank
Institution Rating:
A+5.0 ★ Texas Ratio: 1.89%
Money Market Accounts (Personal and Business)
2.66%
$0
▼
Rate2.63%
Min Deposit$0
Min Balance—
UpdatedMay 5, 2026
Details
BayFirst National Bank
Institution Rating:
A5.0 ★ Texas Ratio: 10.71%
BayLive Money Market
2.59%
$100
▼
Rate—
Min Deposit$100
Min Balance—
UpdatedMay 4, 2026
Details
Qualifications Required
Rate—
Min Deposit$0
Min Balance—
UpdatedMay 5, 2026
Details
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MonitorBankRates
The Annual Percentage Yields (APYs) displayed are based on the highest APY offered for the specified deposit amount or less. Rates may change without prior notice. Rates reflect recent market quotes and representative offers available to depositors in Cape Coral, Florida and the surrounding area.
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.
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.
Cape Coral, FL Money Market Rate Trends
Compare local Cape Coral, FL 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.
High-Yield MMA — FL Avg
3.644%
Unchanged vs 7 days ago
Florida high-yield MMA rates currently average 3.644% APY.
Standard MMA — FL Avg
0.561%
Unchanged vs 7 days ago
Florida standard MMA rates currently average 0.561% APY.
As of May 14, 2026 • Rate data sourced from 8,500+ monitored institutions
Powered by MonitorBankRates
Methodology & Data Sources
Direct-Sourced & Verified Money Market Rate Data: We aggregate money market deposit account rates for Cape Coral, Florida 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 Cape Coral, Florida. We feature a comprehensive mix of institutions from neighborhood credit unions and mid-sized regional banks to large national institutions available to savers in FL.
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 Cape Coral, Florida
What is a Money Market Account (MMA)?
A Money Market Account (MMA), formally known as a money market deposit account (MMDA), is a type of deposit account that often pays higher interest rates than standard savings accounts. They usually come with check-writing privileges and debit card access, offering a balance of growth and liquidity for savers in Florida.
Are Money Market accounts in Cape Coral, Florida safe?
Yes, as long as the institution is FDIC insured (for banks) or NCUA insured (for credit unions). This provides federal protection for your deposits in Florida up to $250,000 per depositor, per institution.
How often do MMA rates change in Cape Coral, Florida?
Money market rates are variable and can change at any time based on market conditions and Federal Reserve decisions. We update our local Florida rate tables daily to ensure you see the most current high-yield options.
Can I write checks from a Money Market Account?
Yes, most Money Market Accounts allow you to write a limited number of checks or make debit card transactions each month (typically up to 6), making them more flexible than a standard savings account.
How much do I need to deposit to open a money market account in Cape Coral, Florida?
Minimum deposit requirements vary widely. Some online money market deposit accounts can be opened with no minimum, while many banks and credit unions in Cape Coral, Florida require an initial deposit of $1,000 to $2,500 to earn the highest advertised APY. Larger deposits often unlock higher rate tiers, and FDIC or NCUA insurance protects deposits up to $250,000 per depositor, per institution.
Best Money Market Rates in Cape Coral, Florida
Here are some of the highest money market account APYs currently available in Cape Coral, Florida and the surrounding area:
- LMCU Lake Michigan Credit Union
Max Money Market — 4.00% APY - Midflorida Credit Union
Business Money Market — 3.50% APY - Suncoast Credit Union
Regular Money Market Accounts — 3.50% APY - Truist
Small Business Money Market Account — 3.40% APY - Achieva Credit Union
Indexed Money Market Account — 2.81% APY
Money Market Rates reflect actual verified offers from banks and credit unions actively accepting deposits in Cape Coral, Florida. Your final available rate may depend on deposit amount and daily market movements. Last Updated and Verified: May 12, 2026
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