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Forbes
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Money Market Interest Rates Today: March 28, 2025 – Rates At 4.89%
- The current average money market rate is 0.53%, while the highest rate is up to 4.89%.
- Money market accounts (MMA) are interest-bearing deposit accounts offered by banks and credit unions.
- MMAs are insured up to $250,000 per depositor by the FDIC at banks or the NCUA at credit unions.
- MMAs offer higher interest rates but often require higher minimum deposits and balances.
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