<ul><li>The current average money market rate is 0.53%, with the highest rate reaching up to 4.89% as noted by Curinos.</li><li>A money market account (MMA) is an interest-bearing deposit account offered by banks or credit unions, insured up to $250,000 per depositor by the FDIC at banks or the NCUA at credit unions.</li><li>Money market accounts allow your money to grow through interest and offer flexibility in terms of adding or withdrawing funds, though there may be limitations on transactions per statement period.</li><li>To choose the best money market account, compare different options based on factors like minimum balance requirements, fees, withdrawal limits, and annual percentage yields (APYs). Additionally, consider the conditions for earning the highest interest rates.</li></ul>

Money Market Interest Rates Today: April 30, 2025 – Earn Up To 4.89%

Discover more