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 02/08/2026. "National average" is determined by Bankrate's comprehensive national survey of savings accounts and CDs.

4.05^%_APY

National Average

0.43^%_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

Asian women using laptop computer at home working space.

CD terms can range from three months to five years. Learn which one is right for you.

Financial manager meeting with couple in bank branch office

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

A graphic with a pale yellow background and a darker yellow circle in the center. There is a red line trending up and to the right, with a piggy bank that has coins falling into it in front of that.

Expect yields to continue trending downward in 2026.

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.

A majority (81%) of Americans did not increase their emergency savings this year

Here’s how to boost your savings.

Person imagining a piggy bank made out of cash.

Ready to open a savings account? Here’s what you’ll need to know.

Illustration of construction workers on a roof

An emergency fund is an essential part of a solid financial plan.

Woman working with business document and laptop on the table

It’s a low interest rate environment, but there are ways to earn more on your money.

Woman sitting outside of restaurant looking at cell phone

Getting into the habit of paying yourself first is hard. Here are some ideas to help you start.

Illustration of an old-fashioned physical bank branch and a mobile phone.

Keeping your savings in a bank down the street may seem like the obvious play, but there may be real downsides for doing so.

Whimsical illustration of a hand putting a quarter into a miniature but realistic high end safe. As if it were a piggy bank

Comparing savings rates can ensure you get the best return on your savings.

Image of an older woman sitting in a wheelchair reading a book with a younger women squatting down next to her. There is a large compass above and behind them .

Aging parents are a growing financial concern for many Gen Xers who are still raising kids at home.

Illustration of stack of money with headline that says best high-yield savings interest rates

Compare the best high-yield savings rates as of September 9, 2025.

Fed rate hike to curb inflation, wooden block with FED and up-down arrows icon. Central banking system and interest rate changes.

We look back at how banks handled rate cuts in 2024, and what to expect in 2025.

Illustration of coins with a headline that reads best high-yield savings accounts today

Compare the best high-yield savings rates as of September 8, 2025.

These CD specials help you earn more money on interest without taking on risk.

Mom preparing financial paperwork at home while her child draws next to her

Single people and young families tend to have significantly less saved.

Panorama of aerial view of Downtown Houston, Texas, USA

As the old saying goes: “Everything is bigger in Texas.” And that’s also true of your list of options when choosing a bank or credit union in the state.

Santa Barbara beach with palm trees and city skyline at sunset, California, USA

California is a large state, and so are your list of options when it comes to banking in the Golden State. With so many options available, it can be tough to find the right fit. But don’t worry, we’ve [...]

The trusted provider of accurate rates and financial information