How do rates differ for CDs and money market accounts? CD rates are typically higher than money market account rates. (See thenational average ratesacross deposit accounts.) Banks have an incentive to give you better rates for CDs because you promise to give up access to your money until the...
Find out which savings vehicle is a better investment for your needs and financial situation—a money market account (MMA) or a certificate of deposit (CD).
CDs typically offer higher interest rates than regular savings and money market accounts. When you open a CD, you commit to investing a specific amount of money for a predetermined period ranging from a few days to as long as ten years or more. Generally, the longer the term of the CD,...
CD Common Features High-Yield Money Market Accounts FAQs Terms Explained Best Money Market Account Interest Rates As of Jan. 21, 2025, the national average rate for money market accounts was 0.64%, according to the FDIC. One of the best high-yield savings accounts might offer higher APYs. ...
Looking for a relatively safe place to stash money and trying to decide between a money market fund and certificate of deposit (CD)? "Right now, both are offering great rates for investors looking to invest some of their short-term money," says Richard Carter, vice president of Fixed ...
Northern Bank Direct Money Market Account Earns 4.75% APY (Nationwide) 2 months ago| Categorized as:Bank Promotions Northern Bank Direct offers some of the best Money Market and CD rates available online, nationwide. Update 11/23/24: Rate is now 4.75%. You might also want to consider this ...
Still unsure whether you want a money market or savings account? Discover Bank, Member FDIC Go with a savings account if… Earning interest is a goal.When debating money market account vs. savings account, know that some savings accounts could offer higher interest rates than you’d find with...
Our rankings aim to make your decision-making on a savings, money market, or CD account as easy as possible by distilling the rates data from thousands of deposit products and presenting you with the best-paying options. But the account you choose is still a personal decision. You may alrea...
Money Market Accounts Where To Get The Best Interest Rates Find which banks have the best savings account and money market accounts with high interest rates! Find the highest savings interest rates and open an account today. Update 1/2/25: We’ve updated our list with the latest bank rates...
Bankrate.com (tm) provides the Call Money rate and today's current Call money market rates index.