<ul><li>The average money market rate is 0.56%, with the best rate today being 5.00%.</li><li>Money market accounts are interest-bearing deposit accounts that function like savings accounts.</li><li>They offer higher interest rates compared to regular savings accounts, but require higher minimum deposits and balances.</li><li>When opening a money market account, consider factors such as rates, minimum balance requirements, fees, and withdrawal limits.</li></ul>

Money Market Interest Rates Today: December 6, 2024 — Earn Up To 5.00%

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