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

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

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.

MMA

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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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 07/07/2025. "National average" is determined by Bankrate's comprehensive national survey of savings accounts and CDs.

3.83^%_APY

National Average

0.46^%_APY

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Chief Financial Analyst

Sarah Foster

Principal U.S. Economy Reporter

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Latest articles

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Money market funds are available from several different brokers and fund managers.

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

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

Lay away cash for an emergency or short-term goals with a money market mutual fund.

These tips can help you manage your money more wisely and make you a bit richer.

Ally’s money market account offers a high APY, no minimum deposit or monthly fee.

Find the right business savings account to help your company’s money grow.

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

female soldier and her husband use a banking app to check the state of their finances

Bank account budgeting tools make it easy to track your personal finances.

Inflation can eat away at your purchasing power, if you’re not keeping up with it.

Several banks are offering high-yield savings accounts well above 4 percent APY.

Image of a large money bag in a shopping cart in front of a red downward pointing arrow.

More than half of Americans also say the U.S. economy is on the wrong track.

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

Person holding baby looking at person sitting on couch

Wondering what to do when it comes to saving during a recession? Here’s what the experts have to say.

The highest savings account rate has dipped ahead of next week’s Fed rate decision.

A photo of the author of the article near a computer and book

Saving money isn’t just about cutting costs. Sometimes, it’s about reframing how you spend your time. Here’s how one mindset shift helped me avoid impulsive purchases and grow my savings with less [...]

Woman studying a document and working on a laptop

Here’s how multiple savings accounts can help you reach your financial goals.

One of the most ubiquitous signs in a bank is “Member FDIC.” Here’s what it means.

person using mobile phone leaning on railing

A second-chance checking account is designed for those whose banking history may prevent them from opening a standard account. Those who apply for this account sometimes have past issues such as an unpaid [...]