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

  • The highest money market rate today is 4.89%, while the national average rate is 0.54%.
  • Money market accounts (MMAs) are interest-bearing deposit accounts offered by banks and credit unions, providing convenient access to cash.
  • MMAs typically pay higher interest rates and have higher deposit and balance requirements compared to traditional savings accounts.
  • When opening a money market account, it is important to compare rates, minimum balance and deposit requirements, fees, and withdrawal limits.

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