<ul data-eligibleForWebStory="true"><li>Today's average money market rate is 0.53%, with the best rate available at 4.89%.</li><li>Money market accounts function as interest-bearing deposit accounts similar to savings accounts, offering FDIC or NCUA insurance.</li><li>Compared to regular savings accounts, money market accounts usually provide higher interest rates but often require higher minimum deposits.</li><li>When considering a money market account, compare rates, minimum balances, fees, and withdrawal limits to find a suitable option.</li></ul>

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

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