<ul><li>The average money market rate is 0.54%, with the highest rate being 4.89%.</li><li>Money market accounts are interest-bearing deposit accounts that can be opened at banks or credit unions.</li><li>These accounts are insured up to $250,000 per depositor by the FDIC at banks or the NCUA at credit unions.</li><li>Money market accounts offer higher interest rates but often require higher minimum deposits and balances.</li></ul>

Money Market Interest Rates Today: February 27, 2025 – Earn Up To 4.89%

Discover more