Rate cuts are eating into money market fund yields. Invest your cash in these 3 places instead, according to Goldman Sachs.
Discover average money market rates by bank type, how they're determined, and how to find the most competitive rates for a money market account.
We analyzed more than 100 data points to find the best money market accounts available today. See our top picks based on interest rates, fees, and more.
Check out Newsweek Vault’s picks for the best jumbo money market rates in five categories.
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Key Takeaways ; According to Bankrate data, the current average interest rate on money market accounts is 0.41%. If you’re looking for a higher yield, the top money market accounts offer rates between 4.65% and 5.30%. A money market account (MMA) earns interest like a savings account but includes features of a checking account, such as the ability for debit card transactions. Interest rates for MMAs are typically higher than a traditional savings account. You may prefer a money market account ...
Discover the best money market account rates in November 2024. Our guide has 10 picks from online banks and credit unions paying close to 5% APY.
Discover's Money Market account gets you high interest rates, no fees and lets you access your cash via ATM, debit card and checks. Open a money market account today.
The money market involves trading in very short-term debt investments. These trades are characterized by a high degree of safety and relatively low rates of return.
Choose a high-yield savings or money market account to secure your emergency fund and earn interest.