<ul><li>As of today, the highest money market rate is 4.89% compared to a national average rate of 0.53%, according to Curinos.</li><li>Money market accounts are interest-bearing deposit accounts similar to savings accounts, offering higher interest rates with higher minimum deposits and balances.</li><li>These accounts are insured by FDIC for banks and NCUA for credit unions up to $250,000 per depositor, providing convenient fund accessibility with checks and debit cards.</li><li>Before opening a money market account, compare rates, minimum balance requirements, fees, and withdrawal limits across different banks or credit unions to find a suitable option.</li></ul>

Money Market Interest Rates Today: June 6, 2025 – Rates At 4.89%

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