<ul><li>The current average money market rate is 0.53%, and the highest rate can go up to 4.89%, as reported by Curinos.</li><li>Money market accounts (MMA) are interest-bearing deposit accounts provided by banks and credit unions, functioning similar to savings accounts.</li><li>MMAs typically offer higher interest rates compared to traditional savings accounts and may provide debit cards and check-writing capabilities for easy access to funds.</li><li>Before selecting a money market account, it is advisable to research different options from various institutions, considering factors like minimum balance requirements, fees, withdrawal limits, and annual percentage yields to find the most suitable one.</li></ul>

Money Market Interest Rates Today: June 9, 2025 – Earn Up To 4.89%

Discover more