Best Money Market Account Interest Rates As of Dec. 16, 2024, the national average rate for money market accounts was 0.66%, according to the FDIC. One of the best high-yield savings accounts might offer higher APYs. What Is a Money Market Account? A money market account is a type of...
First Internet Bank is the first FDIC bank to “operate entirely online,” according to its website. First Internet Bank has been around since 1999. The bank offers a very competitive yield with more than $1 million in its money market account or a competitive yield with a balance of $1...
Recent figures from theFederal Deposit Insurance Corporation (FDIC)show that the average savings account rate and the average money market account rate are currently at 0.64% APY as of writing. Still, there are a small handful of banks paying interest rates on money market accounts that rival th...
Find all the best Money Market Rates for 2022. A Money Market Account (MMA) is a type of savings account that usually earns a higher amount of interest than a basic savings account.
Best Savings Account Interest Rates As of Dec. 16, 2024, the national average rate for savings accounts was 0.42%, according to the FDIC. The best CD accounts also a place to earn competitive APYs. Find the Banking Product That’s Right for You Best High-Yield Savings Accounts in 2025 Be...
The Fed is expected to cut rates again, but for now these money market funds are yielding up to 4.7%.
Money matters — so make the most of it. Get expert tips, strategies, news and everything else you need to maximize your money, right to your inbox. Sign up here. FAQs How low will interest rates drop in 2024? What will rate cuts mean for homebuyers in 2024? Who benefits from higher...
All the banks on this list are FDIC- or NCUA-insured, the latter if a credit union. (See our methodology for more information on how we chose the best six-month CD accounts.) Best six-month CD rates Best for high APY: Bank5 Connect - 4.35% APY Best from a big bank: Marcus by ...
The best money market account rate is 4.85% APY at Brilliant Bank. That's more than seven times the FDIC's national average for money market accounts of 0.66% APY, and is just one of 15 or more top rates you can find in our rankings below. Money market accounts are similar to high-...
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