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Celebrate! New Tiers and Higher Rates on Our Jumbo Money Market Savings Accounts

Enjoy more options and guaranteed returns on your money.

See the Rates

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

APY as high as

2.250%1

Term

None

What's a Money Market Account?

A money market account is a type of deposit savings account that accumulates dividends based on the account balance. These accounts earn dividends at a higher rate than a standard savings account, and funds can be accessed easily. It can be a great way to save for long-term goals like an emergency fund or large purchase.

What Are the Benefits?

 Because money market accounts generally earn higher rates than standard savings accounts, they may help you grow your funds faster. You can easily access your money through ATM withdrawals, transfers and writing checks. When used alongside other types of deposit accounts, money market accounts can give your savings an extra boost.

Explore Our Accounts

Money Market Savings Account (MMSA)1

Take advantage of higher rates 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 0.95%
$10,000 to $24,999 1.06%
$25,000 to $49,999 1.10%
$50,000 and over 1.50%

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 Account (JMMSA)1

Earn Jumbo rates on account balances of $100,000 or more.3

Jumbo MMSA Dividend Rates
Minimum Deposit APY
$0 to $99,999 0.25%
$100,000 to $249,999 1.65%
$250,000 to $499,999 1.85%
$500,000 to $999,999 2.05%
$1,000,000 and over 2.25%

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.

Share Savings Account

Save on your terms while still earning dividends.

  • Depost requirement varies by product±
  • No minimum balance required to earn dividends
  • Funds available anytime through transfers and ATM withdrawals
  • Money can be added regularly, automatically

MMSA & Jumbo MMSA

Generally, earn at a higher rate than a standard savings account.4

  • No minimum deposit required
  • Dividends earned on MMSA balances of $2,500 or more 
  • Jumbo rates earned on JMMSA balances of $100,000+ (balances up to $99,999 earn at standard savings rates)
  • Funds available anytime through checks, transfers and ATM withdrawals
  • Money can be added regularly, automatically

Certificate

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 savings
  • Enjoy flexible minimum deposit amounts that work for you

±A Membership Savings Account with a $5 minimum is required to establish and maintain membership. Additional Share Savings Accounts do not require the $5 minimum.

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 02/06/2023. Fees may reduce earnings.

2

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

3

Should the balance in a Jumbo MMSA account fall below $100,000, the dividend rate paid will be the Savings Account rate for each day the account is below $100,000.

4

A $2,500 minimum balance must be maintained to earn dividends on MMSA accounts. Should the balance in a Jumbo MMSA account fall below $100,000, the dividend rate paid will be the Savings Account rate for each day the account is below $100,000.