Average Money Market Account Interest Rate - WalletHub

Dec 17, 2024 · The interest rate on money market accounts is 0.62% on average as of August 2023, and rates range from below 1% to just over 5%. Money market rates are variable and tend to be higher than traditional savings account rates but may be lower than returns from riskier …

62%
OFF

Average Money Market Account Interest Rate - WalletHub

4 weeks from now

wallethub.com

20%
OFF

Compare Money Market Accounts - WalletHub

4 weeks from now

Earn and save more with 4.20% Annual Percentage Yield — Accurate as of 12/09/2024. Earn 9x the national average! Open account online in minutes; ... If you're interested in getting a …

wallethub.com

77%
OFF

Savings Account Statistics (2024) - WalletHub

4 weeks from now

Dec 4, 2024 · The average savings account interest rate is 0.77%, as of Q3 2024. The average rate dating back to Q1 2014 is 0.13%. Below, you can learn more about how the average …

wallethub.com

60%
OFF

Money Market Account Rates Today, December 12, 2024 (up To …

4 weeks from now

Dec 12, 2024 · The national average interest rate for money market accounts is just 0.60%, according to the FDIC, ... Money market account rates today, December 29, 2024 (best …

yahoo.com

75%
OFF

10 Best Money Market Accounts For December 2024: Up To 4.75%

4 weeks from now

This article provides information about the best money market accounts (MMAs) available, including their high rates, low fees and fair minimum requirements. It also explains how MMAs work as a hybrid between savings and checking accounts, what to consider when shopping for an MMA, and alternatives to MMAs such as CDs.

forbes.com

66%
OFF

Best Money Market Accounts Of 2024 - USA TODAY

4 weeks from now

Nov 21, 2024 · The average national deposit rate on money market accounts is 0.66% as of Dec. 16, 2024, according to the FDIC. However, it’s possible to find much higher interest rates.

usatoday.com

60%
OFF

Best Money Market Accounts – December 2024 - U.S. News

4 weeks from now

Dec 19, 2024 · Best Money Market Account Interest Rates As of Nov. 18, 2024, the national average rate for money market accounts was 0.60%, according to the FDIC . One of the best …

usnews.com

00%
OFF

Money Market Account Rates Today, December 30, 2024 (earn Up …

4 weeks from now

17 hours ago · Best money market account rates today: December 31, 2024 (earn up to 5.00% APY) Money market account interest rates today are well above historical norms. Find out …

yahoo.com

$500
OFF

Best Money Market Accounts Of January 2025 – Up To 5.00

4 weeks from now

Dec 10, 2024 · The best money market accounts can save you over $500 compared to the average offer. To help people get the most for their money, WalletHub compared over 150 …

wallethub.com

00%
OFF

12 Best Money Market Accounts Of December 2024: Up To 5.00

4 weeks from now

Dec 11, 2024 · 12 best money market accounts of December 2024: Earn up to 5.00% APY ... Interest rates on money market accounts currently fluctuate between around 3.50% to 5.00% …

cnbc.com

1%
OFF

7 Best Money Market Funds To Buy For 2025 | Investing | U.S. News

4 weeks from now

Dec 20, 2024 · "Consumers are savvy – they will not settle for a 1% interest rate at their bank if they can easily invest in a money market fund and earn five times the return," says James P. …

usnews.com

$500
OFF

Best Jumbo Money Market Account Rates - WalletHub

4 weeks from now

Dec 11, 2024 · The best money market accounts can save you over $500 compared to the average offer. To help people get the most for their money, WalletHub compared over 150 …

wallethub.com

66%
OFF

Best Money Market Account Rates Today: December 24, 2024 (earn …

4 weeks from now

Dec 23, 2024 · The national average interest rate for money market accounts is just 0.66%, according to the FDIC. However, the best money market account rates often pay around 4.5% …

yahoo.com

47%
OFF

Savings Rates Stay Strong Despite Dips: A 2024 Recap And What’s …

4 weeks from now

Dec 18, 2024 · This translated into better yields on bank accounts, particularly high-yield savings accounts. Although the national average rate for savings accounts was just 0.47% in January …

nerdwallet.com

$1000
OFF

Money Market Account Rates Today, December 29, 2024 (best …

4 weeks from now

2 days ago · If you’re searching for today’s best money market account rates, we’ve narrowed down some of the top offers. ... Say you put $1,000 in an MMA at the average interest rate of …

yahoo.com

62%
OFF

What Is The Interest Rate On Money Market Accounts? - WalletHub

4 weeks from now

Aug 29, 2023 · The interest rate on money market accounts is 0.62% on average as of August 2023, and rates range from below 1% to just over 5%. Money market rates are variable and …

wallethub.com

43%
OFF

Banking Statistics (2024) - WalletHub

4 weeks from now

Nov 19, 2024 · Average interest rate for savings accounts: 0.43% (November 2024) Highest average interest rate for CDs: 12-month CD at 1.84% (November 2024) Average bank account …

wallethub.com

08%
OFF

Checking Account Statistics (2024) - WalletHub

4 weeks from now

As of November 2024, the average interest rate for checking accounts is just 0.08%, according to the FDIC, providing a modest return while allowing easy access to funds. Below are key …

wallethub.com

24%
OFF

American Express Blue Cash Preferred Reviews (2025) - WalletHub

4 weeks from now

5 days ago · The Blue Cash Preferred® Card from American Express interest rate is 18.24% - 29.24% (V), with the actual rate depending on factors such as your income, credit history and …

wallethub.com

FAQs about Average Money Market Account Interest Rate - WalletHub Coupon?

Does WalletHub have a money market account?

WalletHub has details on numerous money market accounts and each account’s current money market rates. A money market account is like a traditional savings account, but it offers higher interest rates in return for a higher minimum balance. ...

What is the average money market rate in 2024?

FDIC data from April 2024 shows an average money market rate of 0.66% APY, compared to just 0.08% in April 2022—and the current rate is over nine times higher than the 0.07 average yield at the close of 2021. While the Federal Reserve doesn’t set rates for money market accounts, it does set the federal funds rate. ...

What is the average APY for a money market account?

As of Nov. 18, 2024, the national average rate for money market accounts was 0.60%, according to the FDIC. One of the best high-yield savings accounts might offer higher APYs. What Is a Money Market Account? A money market account is a type of deposit account that pays interest on deposits and allows withdrawals with some restrictions. ...

What is the average interest rate on a money market account?

According to Bankrate data, the current average interest rate on money market accounts is 0.49%. If you’re looking for a higher yield, the top money market accounts offer rates between 4.65% and 5.30%. In May, the Federal Reserve decided to maintain rates, though future rate cuts could result in a dip in yield rates in 2024. ...

What is the average savings account interest rate in Q3 2024?

The average savings account interest rate is 0.77%, as of Q3 2024. The average rate dating back to Q1 2014 is 0.13%. Below, you can learn more about how the average savings account rates has fluctuated over time as well as how average rates vary among different types of savings accounts. Average Savings Account Interest Rates in Q3 2024: ...

What is the average money market account annual percentage yield?

This article provides the most up-to-date average money market account annual percentage yield, which is 0.46 percent, and insight as to why knowing the average money market account rate is important. The Federal Reserve directly impacts money market account rates at competitive banks. ...