<ul><li>The current average money market rate is 0.53%, while the highest rate is up to 4.89%.</li><li>Money market accounts (MMAs) offer higher interest rates than other deposit accounts and provide convenient access to cash.</li><li>MMAs at banks are insured by the FDIC, and MMAs at credit unions are insured by the NCUA, offering protection up to $250,000 per account type.</li><li>When opening a money market account, consider comparing rates, requirements, fees, and withdrawal limits to find a suitable option.</li></ul>

Today’s Top Money Market Account Rates For April 17, 2025 – Rates Hit 4.89%

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