Skip to Main Content

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.
A senior man is on a smartphone.
Here’s answers to your top MMA questions.
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.

Arrow Right
MMA

Pros and cons of MMAs

Explore the main advantages and disadvantages of opening a money market account.

MMA

How MMAs work

Bankrate's complete guide to money market accounts and how they work.

Image for MMAs with no minimum balance
MMA

MMAs with no minimum balance

If you're struggling to meet balance requirements, these money market accounts can solve that problem while offering a strong APY.

 

Arrow Right

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

Latest articles

Man working on laptop and drinking coffee
Money market funds are available from several different brokers and fund managers.
Ally Bank logo
Ally’s money market account offers a high APY, no minimum deposit or monthly fee.
Best compound interest investments
The name of the game with compound interest is time — the more of it you have, the bigger the payoff.
Woman smiling at cash on a cloud
Lay away cash for an emergency or short-term goals with a money market mutual fund.
woman at ATM
Our picks provide customers with almost everything they need to bank in the branch, at home or on the road.
Savings account and money market rate forecast
Expect savings and money market account yields to slide lower, but they still should outpace inflation
couple with bank worker
Many of these banks offer low-fee accounts and higher yields than some of the biggest banks.
Woman online banking with a tablet
How Reg. D impacts your savings account and why it pays to check with your bank.
Financial manager meeting with couple in bank branch office
Get the latest rates on top-yielding money market accounts.
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.
woman looking tired at computer
Here’s how to financially prepare for the possibility of sudden unemployment.
coins in jar at the beach during sunset
We list three accounts to park your savings this summer as you wait to buy a house.
Man calculating finances
Here’s how to determine the amount to put in savings — and what to do with the rest.
Person on laptop computer
The APY percentage shows how much an account earns per year. Here’s what you need to know.
woman walking and looking at a phone
Subscriptions are easy to lose track of, but these apps can help restore order.
measuring the waistline of cash bills, comical
A spending diet can help you pursue your financial goals and save cash. Here’s how.
A Truist Financial bank branch in Miami, Florida, US
Looking for a nearby Truist Bank location or ATM? Here’s how to find the closest ones.
PayPal sign
Here’s everything you need to know about using PayPal as a bank account.
man using laptop, while petting Maltese dog
Extend the benefits of your bonus into the new year and beyond.
A man works on his laptop.
Here’s everything you need to know about high-yield savings accounts.
businesswoman using mobile phone leaning on railing
A second-chance account can help to restore your standing in the eyes of your bank.
A white mother plays with her daughter
Naming a beneficiary can often avoid untold problems and complications later.
freelance worker in the cafe thinking about a new idea while doing remote work using his laptop
Maintaining good money habits can be the difference between achieving your financial goals and falling short.
Personal banker instructs clients concerning online banking
A CD often earns a competitive, fixed rate. Here’s what to know before opening one.
The trusted provider of accurate rates and financial information
Wall Street Journal
USA Today
The New York Times
CNN
Bloomberg
ABC