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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.
Getty Images; Illustration by Bankrate
What every saver needs to know about money markets accounts.
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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.

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Pros and cons of MMAs

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

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Are MMAs safe?

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

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MMA

How to open an MMA

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

 

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Weekly MMA Rates

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

Bankrate Partner Average

3.84%APY
VS

National Average

0.46%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
Greg McBride

Greg McBride, CFA Arrow Right Icon

Chief Financial Analyst

Sarah Foster

Sarah Foster Arrow Right Icon

Principal U.S. Economy Reporter

Mark Hamrick

Mark Hamrick Arrow Right Icon

Senior Economic Analyst

Latest articles

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These tips can help you manage your money more wisely and make you a bit richer.
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Ally’s money market account offers a high APY, no minimum deposit or monthly fee.
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Find the right business savings account to help your company’s money grow.
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Money market funds are available from several different brokers and fund managers.
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How Reg. D impacts your savings account and why it pays to check with your bank.
A man researches online.
Looking for a place to park your savings? Here’s why a MMA might be appealing.
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These accounts sound similar, but there are some key differences to know.
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These options are great places to stash money from a bonus, inheritance and more.
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Here’s how much $10,000 in a high-yield savings account can earn you.
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Bank account budgeting tools make it easy to track your personal finances.
Man using tablet in coffee shop
Inflation can eat away at your purchasing power, if you’re not keeping up with it.
A man works on his laptop.
Several banks are offering high-yield savings accounts well above 4 percent APY.
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More than half of Americans also say the U.S. economy is on the wrong track.
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Comparing savings rates can ensure you get the best return on your savings.
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Get the latest rates on top-yielding money market accounts.
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With markets swooning, all eyes are now turning to the Fed.
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The chief executive’s claims weren’t wholly correct — even if they ended up being right.
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Here’s what the online bank is offering to help customers boost their savings and meet financial goals.
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Does Citi’s new robo-adviser offering make sense for your investments?
What will get the Fed off the sidelines?
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The Fed will stay on the sidelines for an extended period, experts predict.
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How long will the Fed be on the sidelines?
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With the Fed likely holding steady on rates for now, short-term CDs still look like a good option.
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