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Yahoo Finance

Money market account rates today: October 22, 2024 (earn up to 5.05% APY)

Yahoo Finance
Summary
Nutrition label

86% Informative

Unlike traditional savings accounts, MMAs typically offer better returns, and they may also provide check-writing privileges and debit card access.

The national average interest rate for money market accounts is just 0.64% , according to the FDIC .

The best money market account rates often pay around 4.5% to 5% APY.

VR Score

88

Informative language

90

Neutral language

34

Article tone

semi-formal

Language

English

Language complexity

54

Offensive language

not offensive

Hate speech

not hateful

Attention-grabbing headline

not detected

Known propaganda techniques

not detected

Time-value

medium-lived

Affiliate links

no affiliate links