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Best money market accounts of October 2024

Updated Oct. 7, 2024

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A money market account can be an ideal place to earn a competitive yield on your savings. Bankrate’s top money market rates are yielding more than 11 times today's national average annual percentage yield (APY) of 0.42 percent. Top-yielding money market accounts often have higher APYs than traditional savings accounts. What’s more, money markets typically offer check-writing privileges, a unique feature which gives you more flexibility when withdrawing your money than you would with a savings account.

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Current MMA trends
Bankrate Partner average
4.04% APY
National average
0.42% APY