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Forbes
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Money Market Interest Rates Today: December 18, 2024 — Rates Stay About The Same
- The average money market rate is currently 0.56%, with the best rate today at 5.00%.
- Money market accounts offer higher interest rates than traditional savings accounts.
- MMAs at banks are insured by the FDIC, while MMAs at credit unions are insured by the NCUA.
- To open a money market account, compare rates, minimum requirements, fees, and other features.
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