Money market account rates today, March 23, 2025 (best account provides 4.50% APY)

In 2024, the Federal Reserve reduced its target exchange rate. Thus, the interest rates on the deposit, including the interest rates on the Money Market Account (MMA), have begun to fall. It is more important than ever to compare MMA rates and make sure you earn as much as possible in your balance sheet.

Is National Medium Money Market Account Rate According to FDIC, it is 0.64%.

Even so, some of the best accounts currently offer 4% APY and Up. Because these rates may not be much longer, consider opening a money market account now that uses today’s high pace.

The Bank of the Foundation is offered at the best account of the money market today. Account holders can earn 4.50% APY with minimum deposit of $ 1,000.

Here’s some look at the best MMA pace today.

See our options for today’s 10 Best Money Accounts >>

In addition, the table below shows the interest rates on the best savings and monetary calculation of our approved partners today.

You can earn the number of interest from the human market account Annual interest rate (APY). This is a criterion for your total earnings a year later, taking into account the basic interest rate and how often interest rates (money market account interests usually gives compounds every day).

Say MMA to Put $ 1000 with an average rate by 0.64% to daily complexity. At the end of one year, your balance will increase to $ 1,006.42, deposit of your initial $ 1,000, plus only 6.42% interest rate.

Now let’s say that you choose a highly profitable money market account that offers 4% APY instead. In this case, your balance will increase $ 1,040.81 in the same period, which includes $ 40.81.

The more you deposit the money market, the more you stand to earn. If we take the same copy of the Money Market account with a 4% apy, but a $ 10,000 deposit, your total balance, after one year, would be $ 10,408.08, that is, you will earn $ 408.08. ​​