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  1. May 22, 2024 · Current Money Market Rates. The current average money market rate is 0.60%, while the highest rate is up to 5.12%. Here are todays money market account rates: Source: Curinos. Data accurate as ...

  2. May 21, 2024 · Latest money market account rates. If you have at least $10,000 to stash in a money market account, you could get an average APY of 0.60%, according to Curinos data.

  3. 6 days ago · Money market accounts with a $10,000 minimum balance currently offer an average APY of 0.60%, per Curinos data, slightly higher than last week.

    • Top Rates For Savings Accounts
    • Where Are Savings Rates Headed This Year?
    • Rate Collection Methodology Disclosure

    Traditionally, money market accounts were known for requiring higher minimum balances and offering higher interest rates than high-yield savings accounts. But nowadays, that isn't always the case. Both accounts offer competitive rates and high-yield savings accounts usually pay more as a group. For example, the top money market account rate may cur...

    Today's savings rates are the highest we have seen in more than 15 years. They have reached record levels thanks to the Federal Reserve's mission to tame inflation. The federal funds rate has been increased 10 times over the last 15 months, and it may not be done yet.The Fed meets again this week, and at the same time, the Consumer Price Index (CPI...

    Every business day, Investopedia tracks the rate data of more than 200 banks and credit unions that offer money market, savings accounts, and CDs to customers nationwide, and determines daily rankings of the top-paying accounts. To qualify for our lists, the institution must be federally insured (FDIC for banks, NCUAfor credit unions), and the acco...

  4. 3 days ago · 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 ...

    • Quontic Bank MMA
  5. 2 days ago · Here’s a list of the best money market accounts our experts have found, ordered from the highest to lowest annual percentage yield (APY). Best for Emergency Funds: First Internet Bank Money ...

  6. May 20, 2024 · Bankrate's picks for the top money market account rates. Vio Bank — 5.30% APY, $100 minimum deposit; UFB Direct — 5.25% APY, $1 minimum deposit; CFG Community Bank — 5.25% APY, $1,000 ...