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 ...
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The Fed is expected to cut rates again, but for now these money market funds are yielding up to 4.7%.
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.
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Expressed as a percentage, it indicates the profitability of the company and its ability to generate profit with the money invested. A high ROE indicates a good allocation of financial resources to generate cash. Its little brother, ROCE (return on capital employed) takes into account all ...
The Best Money Market Accounts of 2025 The best money market accounts of 2025 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:
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Money market accounts Money market accounts combine features of savings and checking accounts. The best money market accounts offer rates that compete with high-yield savings accounts, while also usually giving you the ability to use checks and a debit card for limited transactions each month...
Note:Although this account has "money market" in its name, it offers no check-writing privileges and instead operates like a savings account. Forbright Bank, Growth Savings – 4.60% APY Required opening deposit:Any amount Minimum balance requirement:Any amount ...