Chase Bank offers a Retirement Money Market Account (MMA) that is below average by most standards. There are two things that one should look for in an MMA, and that is a higher interest rate than a savings account and a ladder scheme where the more funds one puts into the account the more interest they will receive. For one the interest rate is pathetic at a paltry 0.01% (as of July 2011). One would think that because it is an MMA it would be higher than a savings account, but the savings account that Chase Bank offers is actually higher at 0.10%, which doesn’t make any sense at all. What is even more peculiar is that the rate does not change at all the more funds are put into the account; it remains at 0.01% whether someone has $1,000 or $1,000,000 deposited. What does this all mean? Avoid Chase Bank’s MMA at all costs.