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Money Market Interest Rates Today: February 24, 2025 – Earn Up To 4.89%

  • The current average money market rate is 0.54%, while the highest rate is up to 4.89%.
  • Money market accounts typically pay higher interest rates than other deposit accounts.
  • MMAs at banks are insured by the Federal Deposit Insurance Corp. (FDIC), while MMAs at credit unions are insured by the National Credit Union Administration (NCUA).
  • Before opening a money market account, compare options with different banks or credit unions to choose the best fit.

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