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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.
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.
The national average rate for savings accounts will be 0.3 percent by the end of 2024, McBride forecasts, while predicting an average of 0.35 percent for money market accounts.
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.
MoneyRates.com is a personal finance website that specializes in compiling interest rates for bank products, including savings accounts, money market accounts, certificates of deposit (CDs), mortgages and credit cards. The site also produces feature articles on a variety of personal finance topics.
Fifth Third Bank’s standard CDs offer a APY on CD terms ranging from seven days to 84 months. ... And many of those accounts offer higher rates than Fifth Third Bank’s money market account. We ...
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