Money Market Accounts

When shopping for a savings account, don't forget to consider money market accounts. Explore the different benefits of MMAs.

Explore MMA basics

A man looking at a comically large stack of cash

This type of account can offer a low-risk way to earn a high yield.

These accounts sound similar, but there are some key differences to know.

Two women look over paperwork and a computer

Follow these simple steps to earn competitive rates on your shorter-term savings.

Get the most out of your money market account

MMA

Why get a money market account

Learn about how these lesser-known accounts walk the line between savings and checking accounts, offering some of the best features of both.

MMA

Pros and cons of MMAs

Explore the main advantages and disadvantages of opening a money market account.

MMA

Are MMAs safe?

Understand the safety and flexibility of using an MMA to store your savings.

MMA

How to open an MMA

Bankrate's complete guide to opening a money market account to grow your savings.

Weekly MMA Rates

Bankrate consistently has offers well above the national average to help you earn more on your savings.

See our top MMA rates

Bankrate Partner Average

The "Bankrate Partner average" is calculated from the average of the top savings account offers from the institutions we track, included on this page as of 02/07/2026. "National average" is determined by Bankrate's comprehensive national survey of savings accounts and CDs.

4.05^%_APY

National Average

0.43^%_APY

Experts in all things banking

Our expert writers and editors bring you timely news and reliable information - backed by data and first-hand experience.

About Bankrate's team

Stephen Kates, CFP

Bankrate Financial Analyst

Sarah Foster

Principal U.S. Economy Reporter

Mark Hamrick

Senior Economic Analyst

Learn more

Latest articles

Asian women using laptop computer at home working space.

CD terms can range from three months to five years. Learn which one is right for you.

Financial manager meeting with couple in bank branch office

Get the latest rates on top-yielding money market accounts.

A graphic with a pale yellow background and a darker yellow circle in the center. There is a red line trending up and to the right, with a piggy bank that has coins falling into it in front of that.

Expect yields to continue trending downward in 2026.

These credit unions offer great rates and top-notch features — and many make it easy to join.

Young woman calculating her finances while sitting with her laptop.

Investing with mutual funds is an easy way to build a diversified portfolio. Here’s what you need to know.

These accounts sound similar, but there are some key differences to know.

How Reg. D impacts your savings account and why it pays to check with your bank.

The best account to save your money will vary by your goal.

Female patient paying with credit card at doctor's office front desk

Here’s what you need to know about upcoming changes to Health Savings Accounts.

An attractive African American female creates content with a video camera in a bright office.

Learn how deinfluencers help you save money by promoting mindful spending habits.

Young Asian woman using smartphone while relaxing on armchair, checking her bank account via online banking and managing her finances. Online personal banking. Wealth management. Digital banking habits. Smart banking with technology

Here’s how to determine what a good interest rate is on your deposit accounts.

Confused about finding an HSA? Use these tips to determine the best deal for you.

Here are scenarios for when each choice – paying down debt or saving – makes more sense.

Setting aside pretax dollars in an HSA can help you defray future medical costs.

Here’s how to save money and get the most bang for your buck.

Person Putting Coin In Piggy Bank At Table

Savers can still earn yields on deposit accounts that are outpacing inflation, even as some yields have decreased recently as banks anticipate a likely Federal Reserve rate cut in September. One such option [...]

A majority (81%) of Americans did not increase their emergency savings this year

Check out the latest CD rates from Bankrate’s weekly survey of banks and thrifts.

Here’s how to boost your savings.

Person frowning at a laptop screen with illustration of money in background

Sometimes paying an early withdrawal penalty on a CD isn’t a bad idea.

The National Credit Union Administration is similar to the FDIC, which covers banks.

Illustration of an old-fashioned alarm bell ringing , hovering over a cell phone.

Mobile apps make managing your money a snap and mobile alerts can help protect it.

Person imagining a piggy bank made out of cash.

Ready to open a savings account? Here’s what you’ll need to know.

Photo of Fed Chair Jerome Powell at a podium, holding his hands up.

The Federal Reserve left interest rates unchanged at its first meeting of 2026, keeping borrowing costs in a target range of 3.5-3.75%. This decision (supported by a 10-2 vote) pauses a streak of three [...]

The trusted provider of accurate rates and financial information