BankOn has a money market with a 2.05% annual percentage yield (APY), plus a $50 cash bonus. Money market accounts are available only to residents of Nebraska, Colorado, Kansas, Missouri, and Wyoming.

• Money market accounts only available online
• Automatic transfers from BankOn checking accounts
• No minimum balance after opening
• No checks
• Online statements only
• Mobile banking and telebank
• Use U.S. checking account, credit card, or debit card to fund money market

You must open both a BankOn money market and checking account to receive the $50 bonus. The $50 bonus is paid within 10 days of opening the account. Each household is limited to one bonus offer.

BankOn checking account requires a $100 minimum opening deposit and allows you to have an unlimited number of transactions. The checking account also must be opened online with the money market account. Other checking account features include free Visa check card with cash back rewards, Visa credit cards subject to credit approval, and free bill pay.

You must be a U.S. citizen or U.S. resident alien to open an account. Resident aliens need two forms of ID to open an account.

BankOn accounts are insured by the Federal Deposit Insurance Corp. The bank is part of Pinnacle Bank.

Money market rates are averaging 1.22% for deposits under $10,000. However, Nationwide Bank is offering rates of 1.7% on all of its money market accounts as of Oct. 26. Nationwide money market accounts include:

• Free online banking and online statements
• Free first order of checks
• Free ATM card
• Two free ATM transactions a month at non-Nationwide Bank ATMs; after that they are $1.50 per transaction
• Free transfers between money market account and other banks
• $1,000 minimum opening balance

The money market is required to have  a $1,000 minimum daily balance or an $8 monthly maintenance fee is charged. Money markets also allow six pre-authorized withdrawals during each monthly statement cycle. That includes telephone or electronic transfers, check, or point-of-sale transactions.

Nationwide Associate and Agency Banking Program members don’t have a monthly maintenance fee and are allowed a minimum opening balance of $250. They also get free transactions at non-Nationwide Bank ATMS, although there may be a surcharge from the ATM owners.

Nationwide money market accounts offer Federal Deposit Insurance Corp. (FDIC) insurance up to $250,000 per depositor through 2013.

Nationwide Bank is based in Columbus, Ohio, and provides a range of insurance and financial products. The company is rated A+ by A.M. Best.

VirtualBank has money market rates as high as 1.82% APY. You don’t need a lot of money to open these money market accounts, which have a minimum deposit of $100. The money market accounts also include:

• No monthly fees
• No minimum balance requirements
• Transfer money for free from your existing checking account
• Free online statements
• Free deposits and withdrawals electronically

These online money market accounts also are insured by the Federal Deposit Insurance Corp. You can get more information about FDIC coverage on money market accounts here.

The following money market rates are available as of Oct. 10:

• 0.8% APY for deposits under $10,000
• 1.26% APY for $10,000 to $24,999
• 1.51% APY for $25,000 to $49,999
• 1.71% APY for $50,000 to $99,999
• 1.82% APY for $100,000 and up

You can also earn money by referring friends to VirtualBank. You must have a VirtualBank checking, savings, or money market account to qualify for the offer. You can refer up to 50 friends to sign up for a money market account. Friends are only eligible if they have never had an account with VirtualBank or its parent, Lydian Private Bank.

You and each friend who signs up will receive $20 each, and you can earn a total of $1,000. The money you receive will be reported as interest on Form 1099INT.

Nationwide Bank has money market accounts with a rate of 1.8% annual percentage yield (APY). Money market accounts at the bank require a minimum opening deposit of $1,000. Other features of money markets at Nationwide  Bank include:

• No monthly maintenance fee with $1,000 minimum daily balance
• Free money transfers between Nationwide Bank and other banks
• Free accees to over 37,000 Allpoint ATMs and 400,000 Visa/PLUS ATMs around the U.S.
• Two free ATM transactions a month at non-Nationwide banks
• Insured by the Federal Deposit Insurance Corp. (FDIC)

Money markets include free online banking, as well as online statements. However, transactions can also be completed by phone, at ATMs, and by mail.

You are allowed up to six pre-authorized withdrawals during each monthly statement cycle including telephone or electronic transfers, check or point-of-sale transactions. This limit does not apply to the number of withdrawals you can make at an ATM, by mail, or at a Nationwide branch.

You also can request that money markets be linked to checking accounts for overdraft protection. A fee is assessed to the checking account on any day that overdraft protection is used.

Zion Bank has Internet money market accounts with one of the best rates in the country this week. The bank is offering money market rates of 1.46% annual percentage rate (APY) for a minimum deposit of $1,000.  To receive the APY, money market accounts must have a balance of at least $2,500. Money market interest rates are compounded daily and paid monthly.Other details of the offer include:

• Variable interest rate
• Unlimited withdrawals in person, by ATM, by mail, or by messenger
• A maximum of six transfers during each 30 day cycle by telephone, Internet, pre-authorized transfer, or automatic transfer
• $5 fee for withdrawals at a teller window
• No monthly maintenance fees
• Nationwide network of surcharge-free ATMS

Customers who open Zions Bank money market accounts also have check-writing privileges. However, you will be restricted to three check transactions per month. You can also make three free telephone transfers per month, but more than that will result in a fee of $3 per transfer.

Zions Bank has been in business since 1873 and is one of the oldest banks in the western part of the U.S. Money market accounts are insured by the Federal Deposit Insurance Corporation (FDIC) for up to $250,000 per account holder.