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

4.11%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

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Principal U.S. Economy Reporter

Mark Hamrick

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Senior Economic Analyst

Latest articles

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Get the latest rates on top-yielding money market accounts.
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Money market funds are available from several different brokers and fund managers.
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Our top 5 picks scored highly for access, range of products and digital options.
Ally Bank logo
Ally’s money market account offers a high APY, no minimum deposit or monthly fee.
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$10,000 high-yield savings vs. $10,000 money market account: Here’s which earns more
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These four types of bank accounts can help you meet your financial goals.
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Here’s the lowdown on no-penalty CDs, and how they differ from regular CDs.
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The best account to save your money will vary by your goal.
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Comparing savings rates can ensure you get the best return on your savings.
pile of US savings bonds
Losing a savings bond doesn’t mean it’s money lost. Here’s how to find it.
United States Treasury savings bonds.
You’ve matured, but those savings bonds from childhood may still need more time.
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For savers, here’s what to consider when the Fed lowers interest rates.
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Get ahead of your savings by raising your rate by an amount you prefer. Here’s how.
Compare the best high-yield savings rates as of September 16, 2025.
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It’s a low interest rate environment, but there are ways to earn more on your money.
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The Consumer Financial Protection Bureau — a main line of defense against unfair banking practices — has been dramatically scaled back under the Trump administration. In May 2025, Congress overturned [...]
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