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Yahoo Finance

Best money market account rates today: January 6, 2025 (earn up to 5.00% APY)

Yahoo Finance
Summary
Nutrition label

86% Informative

The national average interest rate for money market accounts is just 0.66% , according to the FDIC .

The best money market account rates often pay around 4.5% to 5% APY - similar to the rates offered on high-yield savings accounts.

Today , online banks and credit unions tend to offer the highest rates.

VR Score

88

Informative language

89

Neutral language

36

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