<ul><li>The average money market rate is 0.54%, but the best rate today is 4.89%.</li><li>Money market accounts are interest-bearing deposit accounts that can be opened at a bank or credit union.</li><li>They offer higher interest rates than typical savings accounts, but require higher minimum deposits and balances.</li><li>To open a money market account, compare the best yields, consider fees and other features, and submit an application online or in-person.</li></ul>

Money Market Interest Rates Today: March 12, 2025 – Earn Up To 4.89%

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