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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

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.
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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

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.

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MMA

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

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Senior Economic Analyst

Latest articles

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Money market funds are available from several different brokers and fund managers.
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Many of these banks offer low-fee accounts and higher yields than some of the biggest banks.
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The best account to save your money will vary by your goal.
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These credit unions offer great rates and top-notch features — and many make it easy to join.
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CDs and MMAs can pay competitive rates, but they have different drawbacks and benefits.
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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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Take these simple steps to jumpstart your savings plan for a new car.
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Get the latest rates on top-yielding money market accounts.
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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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Federal Reserve Chairman Jerome Powell delivered a positive assessment of the U.S. economy that nonetheless faces some risks.
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Experts are betting that a recession will occur by the end of 2021, a new survey suggests.
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Will the Federal Reserve raise borrowing costs two times in 2019, as it initially anticipated? That’s a question even the officials on the inside can’t answer.
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It could save you time when switching accounts and even inspire you to build a bank of your own.
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Don’t settle for rock-bottom yields. You can earn a sizable return at these online banks.
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Are bank mistakes giving you a headache? Here’s what to do.
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A tweak to your bank’s online address might help you sidestep a scam.
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