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Here are a few places to start when comparing money market accounts for the best MMA rate: Vio Bank — 5.30% APY; $100 minimum deposit. UFB Direct — 5.25% APY; no minimum deposit.
Savings interest rates today: Make more on your money this weekend with best APYs of up to 5.05% — Dec. 20, 2024 Kelly Suzan Waggoner Updated December 20, 2024 at 8:13 AM
See additional best money market account rates. Note: Annual percentage yields (APYs) shown are as of Mar. 21, 2024. Bankrate’s editorial team validates this information regularly, typically ...
Money market funds are considered to be low-risk investments that offer current income based on the prevailing level of interest rates. Money market funds aim to maintain a net asset value, or NAV ...
The average money market account rate is currently 0.48 percent, according to Bankrate data. Make sure to shop around, though. The best money market rates are significantly higher than the ...
A money market account (MMA) or money market deposit account (MMDA) is a deposit account that pays interest based on current interest rates in the money markets. [1] The interest rates paid are generally higher than those of savings accounts and transaction accounts; however, some banks will require higher minimum balances in money market accounts to avoid monthly fees and to earn interest.
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