To continue enjoying all the features of Navy Federal Online, please use a compatible browser. You can confirm your browser capability here.

Boost Your Savings Potential

Elevate your savings with a Money Market Savings Account (MMSA) or a Jumbo Money Market Savings Account.

  • Grow your earnings with competitive rates
  • Earn more than a standard savings account
  • Access your money with checks and via ATMs
  • Earn dividends with a minimum balance of $2,500

APY as high as

0.500% 1

Term

None

What is a Money Market Account?

A money market account is a type of deposit savings account that accumulates dividends based on the current markets. This type of account can be used for emergency savings or saving for a large purchase. Money market accounts are designed to be out of sight with higher rates in order to make saving more feasible.

What are the Benefits of a
Money Market Account?

Money market accounts provide higher rates than other savings accounts, which can increase your savings potential. The funds for these types of accounts are also easily accessible through check writing and debit card ATM withdrawals. A money market account can be used to boost your savings rate and can be used alongside other saving tools.

Explore Our Accounts

Money Market Savings Account1

Take advantage of higher dividends in exchange for a minimum balance of $2,5002 or more.

MMSA Dividend Rates
Minimum Deposit APY
$0 to $2,499 0.00%
$2,500 to $9,999 0.40%
$10,000 to $24,999 0.45%
$25,000 to $49,999 0.45%
$50,000 and over 0.45%

Rates apply to the entire balance, not just the amount over the tier threshold.
Monthly compounded, monthly credited.

Open a Money Market Savings Account Now

Jumbo Money Market Savings Account1

Earn Jumbo dividend rates on account balances of $100,000 or more.

Jumbo MMSA Dividend Rates
Minimum Deposit APY
$0 to $99,999 0.25%
$100,000 to $249,999 0.50%
$250,000 and over 0.50%

Rates apply to the entire balance, not just the amount over the tier threshold.
Monthly compounded, monthly credited.

Open a Jumbo Money Market Savings Account Now

Money Market Savings Account Basics

MMSAs are an easy way to earn more than a basic savings account and still have all the same benefits—including easy access to your money and the ability to write checks.

Learn More about Money Market Savings Accounts.

Compare Savings Options

Choose the savings option that will help you reach your goals.

Savings Account MMSA & Jumbo MMSA Certificate

Save on your terms while still earning dividends.

  • No minimum balance to earn dividends
  • Access your money anytime
  • Add money regularly, automatically

Earn more than a standard savings account (balance of $2,500 or more).

  • Enjoy higher earnings with higher account balances
  • Access your money through checks, ATM withdrawals
  • Add money regularly, automatically

Set aside money to earn at a higher rate than a savings account.

  • Earn guaranteed returns
  • Select from a variety of terms, great for short- or long-term saving
  • Flexible minimum deposit amounts that work for you

Want More Information About Saving?

Explore our resources at Navy Federal's Savings Learning Center.

Learn More at the Savings Learning Center.

Savings Resources

View Moresavings resources

Disclosures

1

Rates on variable accounts (e.g., Share Savings, Checking, MMSA) may change after the account is open. This APY is accurate as of 12/05/2021. Fees may reduce earnings.

↵
2

A $2,500 minimum balance must be maintained to earn dividends.

↵