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Best money market account rates today, May 6, 2025: Earn up to 4.41% APY before the Fed cuts rates again

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Summary
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74% Informative

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

The national average interest rate for money market accounts is just 0.63% , according to the FDIC .

Today , rates remain high by historical standards, though they've begun a downward trajectory following the Fed 's most recent rate cuts later in late 2024 .

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83

Informative language

88

Neutral language

38

Article tone

informal

Language

English

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47

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not offensive

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long-living

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