The best money market account rates today, May 12, 2025 (win up to 4.41 % APY)

Learn about banks that offer higher prices. Money market accounts (MMAS) can be a great place to store your money if you are looking for a relatively high interest rate with Liquidity And flexibility.

Unlike traditional savings accounts, MMAS usually offers better returns, and may also provide checks of checks and Discount card access. This makes these accounts ideal for a long -term savings contract that wants to grow over time, but they can still reach when some purchases or bills.

Despite the low prices over the past few months, you can still find Money market accounts that pay more than 4 % APY.

Below is a look at some of the best money market account rates today:

Are you interested in earning the best possible interest in your savings balance? Below is a look at some of the best savings and money market accounts available today from our verified partners.

The money market account rates have been dramatically in recent years, due to the changes in the targeted interest rate of the Federal Reserve.

In the wake of the 2008 financial crisis, for example, interest rates remained very low to stimulate the economy. The Federal Reserve cut off Federal funds rate To the zero proximity, which led to a decrease in MMA rates. During this time, the money market account rates were usually about 0.10 % to 0.50 %, with many accounts made prices at the lower end of this range.

In the end, the Federal Reserve began to gradually raise interest rates as the economy improves. This led to a high revenue on savings products, including MMAS. However, in 2020, the Covid-19 pandemic led to a brief but severe stagnation, and the federal reserve again reduced its standard price to nearly zero to combat economic repercussions. This led to a sharp decrease in MMA rates.

But starting in 2022, the Federal Reserve began a series of high aggressive interest rates to combat inflation. This led to a high rate of deposit rates historically in all fields. By late 2023, the money market account rates increased significantly, as many accounts offer 4.00 % or higher. However, the Federal Reserve recently began to reduce rates in late 2024.

As of 2025, MMA rates remain high according to historical standards, although they started a declining path after the recent price discounts at the Federal Reserve. Today, banks and credit federations online tend to provide the highest prices.

When comparing the money market accounts, it is important to look beyond the interest rate. Other factors, such as the minimum requirements of balance, fees and clouds, can affect the total value you get from the account.

For example, it is common to require large money market accounts Minimum balance In order to earn the highest declared rate – up to $ 5,000 or more in some cases. Other accounts may receive Monthly maintenance fees You can eat in your interest profits.

However, there are many MMAs available that offer competitive prices without any requirements, fees or other restrictions. For this reason it is important to shop and compare them before making a decision.

In addition, be sure to secure the account you choose by Federal Deposit Insurance Corporation (FDIC) or The National Credit Union Administration (NCUA), which guarantees deposits up to $ 250,000 per institution, per deposit. Most of the financial market accounts are federally secured, but it is important to verify the rare state in which financial owners fail.

Read more: Money market account for the high savings account for the return: What is best for you?

The average national interest rate for the money market accounts is only 0.64 %, according to FDIC. However, the best money market account rates often pay about 4 % to 4.50 % APY – similar to the provided prices High -yield savings accounts.

The amount you will get depends on $ 50,000 in the money market account on the percentage of the annual percentage (APY) and the time period in which you leave the money in the account. For example, if you deposit $ 50,000 in the money market account, it pays by 4.5 % APY and leaves it in your account for one year, you will get $ 2,303 at interest.

There is currently no money market accounts that pay 5 % APY. However, some high -yielding savings from banks online do. You can also check your local bank or credit union to see if it provides a 5 % APY account that suits your needs.