If you’re looking for a place to sock away some cash, three online banks are paying 1.25% APY on money market accounts, withstanding the downward pressure on savings rates.

Incrediblebank has just bumped up rates on its Incredible Money Market Account from 1.15% to 1.25% APY.

Nebraska savers can find top deals on money market accounts and 12- and 24-month CD rates at Elkhorn Valley Bank and Trust.
With no minimum deposit requirement, the Norfolk, Neb., bank is paying:

1.70% APY on 24-month CDs.
1.60% APY on 12-month CDs.

AmTrust Direct and My Banking Direct both offer 1.25% APY on their money market accounts.

Alliance Bank & Trust is paying 1.50% APY on its savings account. Its top MMA rate on account balances less than $100,000 is 1.35% APY.

If you’ve got extra cash to sock away, money market accounts continue to squeak past savings accounts when it comes to offering the best nationally available rates.
Your best bet is still AmTrust Direct, which has held steady on its 1.25% APY offer since we started tracking national MMA rates in February.

If you have ties to the Los Angeles County Fire Department, you can get competitive money market and savings account rates through F&A Federal Credit Union.
The credit union is paying 1.40% APY on money market accounts and 1.26% APY on savings accounts — beating the best nationally available money market and savings account rates.

It’s continuing to pay the best nationally available return on money market accounts, 1.25%.

AmTrust Direct can now claim the mountaintop by itself.
Hudson City Savings Bank has dropped its money market rates, putting AmTrust Direct into the top spot for nationally available MMA accounts with a 1.25% APY.
To earn the best rate, you need to have $10,000 to $149,999 in your account.