Skip to Main Content

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.
A senior man is on a smartphone.
Here’s answers to your top MMA questions.
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.

Arrow Right
MMA

Pros and cons of MMAs

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

MMA

How MMAs work

Bankrate's complete guide to money market accounts and how they work.

Image for MMAs with no minimum balance
MMA

MMAs with no minimum balance

If you're struggling to meet balance requirements, these money market accounts can solve that problem while offering a strong APY.

 

Arrow Right

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

Chief Financial Analyst

Sarah Foster

Sarah Foster Arrow Right

Principal U.S. Economy Reporter

Mark Hamrick

Mark Hamrick Arrow Right

Senior Economic Analyst

Latest articles

Woman online banking with a tablet
How Reg. D impacts your savings account and why it pays to check with your bank.
A guide to mutual funds
Not sure how to get started investing with mutual funds? We’ll help you understand the basics.
Man working on laptop and drinking coffee
Money market funds are available from several different brokers and fund managers.
Ally Bank logo
Ally’s money market account offers a high APY, no minimum deposit or monthly fee.
Best compound interest investments
The name of the game with compound interest is time — the more of it you have, the bigger the payoff.
Woman smiling at cash on a cloud
Lay away cash for an emergency or short-term goals with a money market mutual fund.
woman at ATM
Our picks provide customers with almost everything they need to bank in the branch, at home or on the road.
Savings account and money market rate forecast
Expect savings and money market account yields to slide lower, but they still should outpace inflation
SavingsBond
Savings bonds are a simple way to save but redeeming them is a little more complex.
man sitting on the couch and looking at his phone
The online-only bank’s savings rate tops many competitors.
woman with hearing aid talking on the phone
Many challenges still exist but advances have made earning and saving money easier.
man sitting on the couch at home working on his laptop
Having multiple bank accounts has its perks but keeping them organized is key.
Illustration depicting a child and strollers and money
Home equity sharing agreements, like the ones offered by Unlock, are one way to manage growing family expenses.
adult with down syndrome using a computer
Specific savings accounts can help disabled individuals gain financial security.
Young man working on his laptop
Entering your 30s means it’s time take a fresh look at your finances.
Group of college students walking on campus
The pause on federal student loan payments has been extended, giving relief to many.
cash folded into a piggy bank shape
These seven banks and credit unions offer competitive rates on CDs for businesses.
Golden piggy bank and golden coins
Here’s how to save money and get the most bang for your buck.
Financial manager meeting with couple in bank branch office
Get the latest rates on top-yielding money market accounts.
Woman watering plants.
Check out the latest CD rates from Bankrate’s weekly survey of banks and thrifts.
Image of bonds and cash
Consider these important factors before investing in bonds and CDs.
Karen Bennett working on a laptop
Now is still a good time to consider CDs for your portfolio. Here are five reasons.
Piggy bank with cash overflowing
Walk away with stacks of cash just for opening a checking or savings account.
Aerial view of a group of residential boat docks from homes along the Halifax River in Ormond Beach, Florida near Daytona
Managing your finances and choosing the right bank can be daunting, especially in a state as big and diverse as Florida.
The trusted provider of accurate rates and financial information
Wall Street Journal
Usa Today
New York Times
Cnn
Bloomberg
Abc