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1. www.forbes.com › best-money-market-accounts9 Best Money Market Accounts June 2024: Up To 5.48% - Forbes

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   4 days ago · Best for Check-Writing Privileges: Connexus Credit Union Money Market Account — Up to 4.01% APY. Best for Mobile Banking: Bethpage Federal Credit Union Money Market Account — Up to...

2. www.nerdwallet.com › banking › money-market-accounts8 Best Money Market Accounts (up to 5.30%) - NerdWallet

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   6 days ago · Why the best money market rates matter. Your funds grow faster in a high yield account. The average money market rate is a fraction of a percent, while the best money market accounts...

3. www.cnbc.com › select › best-money-market-accounts12 Best Money Market Accounts Of June 2024 (Earn Up To 5.48%)

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   3 days ago · 12 best money market accounts of June 2024: Earn up to 5.48% APY. Money market accounts grow your savings and give you easy access to your cash when you need it. Updated Mon, May 20...

   • Author: Elizabeth Gravier

4. www.businessinsider.com › personal-finance › bestBest Money Market Accounts for June 2024 (Earn up to 5.48%)

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   4 days ago · The best money market accounts offer high interest rates. Many include ATM cards, debit cards, or paper checks. Our guide has 10 picks paying above 5% APY.

   • The money market account with the highest interest rate right now is 5.46% APY from First Internet Bank of Indiana for account balances above $1 mi...
   • Money market accounts typically make it easier to access your money than high-yield savings accounts. Many come with check-writing privileges, debi...
   • Yes — a money market account has very few downsides, if any. The money in your account is insured by the FDIC or NCUA (usually up to $250,000, but...
   • As of December 2023, the national average APY on money market accounts is 0.64% according to the FDIC. Online banks usually offer a higher interest...
   • Interest rates on money market accounts closely follow the federal funds rate. That is to say, rates are variable and can change multiple times per...
   • The FDIC insures up to $250,000 per depositor in a money market account.
   • The Fed raised interest rates in 2023, and money market interest rates have slowly been going up, too. Even if they were to drop, however, it's bes...
   • First Internet Bank of Indiana Money Market Account: 3.76% APY on balances of $1 million or less and 5.46% APY on balances over $1 millionBrilliant...

5. www.marketwatch.com › guides › money-marketBest Money Market Account Rates for May 2024 (up to 5.3% APY)

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   4 days ago · Money market accounts (MMAs) are variable-rate savings products with annual percentage yields (APYs) that typically beat traditional savings accounts’ rates, offering savers both liquidity and...

   • 4.9/5

   • Brand: Quontic Bank MMA

6. www.investopedia.com › best-money-market-accountsBest Money Market Account Rates for June 2024—Up to 5.35%

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   1 day ago · Michael J Boyle. Fact checked by. Maddy Simpson. The best money market account rate from a nationally available institution is 5.35% APY, available from Brilliant Bank. That's nearly eight...

7. People also ask

   Is a money market APY a good investment?

   • Money market accounts are smart for anyone who wants to earn a high-yield interest rate, but also wants check-writing privileges. Though you may not be able to find a money market APY quite as high as the best savings account, you can often get close, while adding the ability to write paper checks.

   Best Money Market Account Rates for May 2024—Up to 5.35% - Invest…

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   What is the best money market account rate?

   • The best money market account rate from a nationally available institution is 5.35% APY, available from Brilliant Bank. That's more than 8 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.

   Best Money Market Account Rates for May 2024—Up to 5.35% - Invest…

   www.investopedia.com/best-money-market-accounts-5096917

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   What APY is a good money market rate?

   • The specific APY that qualifies as a good money market rate depends on market trends at the time you’re looking for an account. Currently, the most competitive accounts offer APYs between 4.00% and 5.00% or higher. However, you might need to meet minimum balance or activity requirements to unlock the most competitive rates.

   Best Money Market Accounts May 2024: Up To 5.48% - Forbes

   www.forbes.com/advisor/banking/money-market-account/best-money-market-accounts/

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   What is the average interest rate for money market accounts?

   • The national average interest rate for money market accounts is currently 0.66%. However, the best money market accounts on the market have APYs roughly six to eight times that rate — around 4.2% to 5.3% APY. To earn top money market rates, you may need to meet certain requirements.

   Best Money Market Account Rates for May 2024 (up to 5.3% APY) - Mar…

   www.marketwatch.com/guides/money-market/best-money-market-account-rates/

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8. www.fool.com › banks › money-market-accountsMoney Market Account Reviews | The Motley Fool

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   Apr 25, 2024 · Good money market accounts offer high APYs while still giving you easy access to your money. Here are our money market account reviews.