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Get the latest rates on top-yielding money market accounts. ... Compare current money market account rates for March 2024. Vio Bank — 5.30% APY. UFB Direct — 5.25% APY.
Money market. 0.66%. 0.60%. Up 6 basis points. 1-month CD. 0.23%. 0.23%. No change. 3-month CD. 1.50%. ... the country’s central bank. This Fed rate is the benchmark that affects interest rates ...
A money market account functions like a souped-up version of a savings account at your bank, offering higher interest rates while keeping your cash secure through insurance from the Federal ...
The site was founded in 1999 by Clark Schultz and has been frequently cited by major news outlets, including the Wall Street Journal, [1] the New York Times [2] and MSN Money. [3] Site features include its America's Best Rates series, a quarterly survey of bank interest rates, and its annual Best and Worst States for Retirement articles.
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.
Today’s highest savings rates are at FDIC-insured digital banks and online accounts paying out rates of up to 4.50% APY with no minimums at Jenius Bank, Barclays and other trusted providers as ...
Here are a few places to start when comparing money market accounts for the best MMA rate: Vio Bank — 5.30% APY; $100 minimum deposit. UFB Direct — 5.25% APY; no minimum deposit.
Discover Bank: Money Market Account. Why it stands out: The Discover Bank Money Market Account has a $0 minimum deposit, no monthly fees, and 0.30% annual percentage yield. Plus, the minimum ...
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