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 12/22/2025. "National average" is determined by Bankrate's comprehensive national survey of savings accounts and CDs.

4.04^%_APY

National Average

0.45^%_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

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.

Financial manager meeting with couple in bank branch office

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

A couple works on their finances on a laptop in their kitchen.

With interest rates somewhat volatile, it’s important to shop around for the best money market mutual funds.

Our top 5 picks scored highly for access, range of products and digital options.

woman with hearing aid talking on the phone

Many challenges still exist but advances have made earning and saving money easier.

adult with down syndrome using a computer

Specific savings accounts can help disabled individuals gain financial security.

Couple talking while standing on cliff by sea during sunny day

Even the small victories add up over time when you’re living on a fixed income.

Online banks offer a number of benefits, and they’re just as safe as brick-and-mortar banks.

U.S. consumers see inflation as the biggest threat to improving personal finances.

Two young brothers bake cookies together.

It’s easy to get caught up in the holiday spirit and overspend. Here are ways to avoid that trap.

Cashier and customer wear face masks at a store during the pandemic

More than 3 in 5 Americans are worried about their incomes over the next six months.

The savings account has always been a time-tested standby. Here’s why it still matters.

A savings account can be a great tool to teach your child about money. Here are a few of our favorites.

A Truist Financial bank branch in Miami, Florida, US

Looking for a nearby Truist Bank location or ATM? Here’s how to find the closest ones.

Currently, you can lock in annual percentage yields (APYs) on certificates of deposit (CDs) at and slightly above 4% with many nationally available CDs. Only a select few financial institutions offer promotional [...]

Checking and savings accounts are different. Should you have one, the other — or both?

These expert tips can help keep your bank and financial accounts safe from hackers.

Depositing cash into someone’s account isn’t always possible, but there are options.

Learn why a bank could close your account and what to about it.

It’s important to find the right accounts for your emergency savings.

The trusted provider of accurate rates and financial information