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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.

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What is a money market account?

This type of account can offer a low-risk way to earn a high yield.
By Marcos Cabello
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Money market account vs. money market fund: Differences

These accounts sound similar, but there are some key differences to know.
By Greg McBride, CFA
5 min read
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4 ways to get the best money market account rate

Follow these simple steps to earn competitive rates on your shorter-term savings.
By Marcos Cabello
4 min read

Get the most out of your money market account

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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

3.67%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

Sarah Foster Arrow Right Icon

Principal U.S. Economy Reporter

Mark Hamrick

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Senior Economic Analyst

Learn more
A man looking at a comically large stack of cash

What is a money market account?

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

4 reasons to get a money market account

Looking for a place to park your savings? Here’s why a MMA might be appealing.
Close-up of woman trading stock online on mobile phone

Pros and cons of a money market account

A money market account is like a parking spot for cash, but with a few guardrails.
Woman using mobile phone at the bar

Money market account vs. money market fund: Differences

These accounts sound similar, but there are some key differences to know.
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Best Money Market Accounts

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