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This article provides the most up-to-date average money market account annual percentage yield, which is 0.49 percent, and insight as to why knowing the average money market account rate is important.
Money market accounts (MMAs) Money market funds (MMFs) Provider. Banks and credit unions. Investment firms and brokers. Insurance. FDIC or NCUA up to $250,000
Why it stands out: The TIAA Bank Yield Pledge Money Market account has no monthly fees and a 0.40% annual percentage yield. Plus, the minimum balance to earn that APY is only $0.01. Plus, the ...
A money market account (MMA) or money market deposit account (MMDA) is a deposit account that pays interest based on current interest rates in the money markets. [1] The interest rates paid are generally higher than those of savings accounts and transaction accounts; however, some banks will require higher minimum balances in money market accounts to avoid monthly fees and to earn interest.
Some of the banks with the highest money market rates right now include Brilliant Bank, Vio Bank, and UFB Direct. Rates are subject to change; unless otherwise noted, rates are updated ...
Today’s highest savings rates are at FDIC-insured digital banks and online accounts paying out rates of up to 5.10% APY with no minimums at Patriot Bank, Poppy Bank and other trusted providers ...
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