Theaverage national deposit rateon money market accounts is 0.60% as of Nov. 18, 2024, according to the FDIC. However, it’s possible to find much higher interest rates. If you found a competitive money market account with a 5% APY, which some of our winners offer, you would see $50...
Before you open a new Money Market account, make sure to get details on fees, interest rates, minimum balance requirements so you can make the most out of this account type. If you need a place to store your emergency fund or other liquid savings, hopefully ourBest Money Market Accountslis...
18, 2024, the national average rate for money market accounts was 0.60%, 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 deposit account that pays interest on deposits and ...
Contents Best Money Market Accounts Ally Bank Money Market Account: Best for Debit Card Access Sallie Mae Money Market Account: Best for High Rates Discover® Bank Money Market Account: Best for No Fees What is a Money Market Account (MMA)? Money Market vs. Savings Account Which One Should...
Cons of money market accounts Many banks require a minimum deposit to open an account, and also have minimum balance requirements as well. Interest rates for money market accounts can be lower than those of high-yield savings accounts or CDs. ...
The best money market accounts of 2024 are easy to open and use while offering a high return rate. The following banks made our ranking based on their money market rates and other considerations: Discover BBVA CIT Bank Save Better Axos Bank ...
The best money market accounts offer high APYs, low account minimums, and no monthly fees. Here are the best money market rates today, picked by our team of financial experts.
The 10 best money market accounts for December 2024 InstitutionAPY*Minimum opening depositSee details Featured partner Best credit union: 4.30%$1 at Raisin Best for online banking: 4.75%$100 at Quontic Best for large nest eggs: 4.75%$1000 ...
Ally Bank money market accounts are also popular nationwide because this is one of the safest places to keep your money. The accounts are FDIC-insured for up to $250,000. You can also make unlimited ATM withdrawals for free if you use one of the 43,000+ Allpoint ATMs, and you’ll be...
Today's top money market account interest rate is 4.85% from Brilliant Bank. We rank the best money market accounts based on APY every business day.