Finding Consistent Money Market Rates
Category: Articles- gotalkmoney.com- 2:34 pm/ April 12, 2008If you’re currently looking for a decent money market account and you’re not sure who you want to use because of the fear of banks lowering rates or because the bank has a bad rating, we have implemented a system at GOtalkmoney to show you exactly whose consistent and who’s not. I’ll show you how the system works –
If you go to our official top ten money market chart, you’ll notice that there’s a category with the column header “W”.
This column shows you how long the current bank has been on the top ten consistently. This is a great way to see exactly how long a bank has been on the top ten. The longer they are on the top ten charts, the more likely their rates are going to stay the same. But remember, a bank can change their money market rate anytime soon.
Here are the top three money market accounts that have remained consistent for the past three months.
WTDirect is offering a 3.31% and has been on the charts for 25 weeks straight. They are currently ranked #10.
Corus Bank is offering a 4.00% and has been on the charts for 22 weeks straight. They are currently ranked #2.
OneUnited is offering a 3.60% and has been on the charts for 20 weeks straight. They are currently ranked #7
As for the minimum balance, WTDirect is $10,000, OneUnited is $1,000, and Corus is $100.

