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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

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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.
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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

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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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How MMAs work

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

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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.

 

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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

3.73%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

Mark Hamrick Arrow Right Icon

Senior Economic Analyst

Latest articles

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Expect savings and money market account yields to slide lower, but they still should outpace inflation
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Looking for a place to park your savings? Here’s why a MMA might be appealing.
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Short answer? Yes. Here’s what you need to know.
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These accounts sound similar, but there are some key differences to know.
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The APY percentage shows how much an account earns per year. Here’s what you need to know.
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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.
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Sweeping changes at the Consumer Financial Protection Bureau (CFPB) signal what would be a significant shift in banking regulation under the Trump administration. While regulatory changes might sound like [...]
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Knowing how these accounts work, and how they differ, can help better your finances.
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CDs come in many varieties, making it easy to find one that meets your needs.
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The APY percentage shows how much an account earns per year. Here’s what you need to know.
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Prices rise and fall all the time in the U.S. economy. It’s not always inflation.
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Take these simple steps to jumpstart your savings plan for a new car.
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On average, Americans have kept the same bank accounts for over a decade.
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Get the latest rates on top-yielding money market accounts.
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Check out the latest CD rates from Bankrate’s weekly survey of banks and thrifts.
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