<ul><li>The current average money market rate is 0.56%, while the highest rate is up to 5.00%.</li><li>Money market accounts are interest-bearing deposit accounts that work similarly to savings accounts.</li><li>Compared to regular savings accounts, money market accounts usually offer higher interest rates.</li><li>To open a money market account, compare the best yields, consider minimum requirements, and submit an application.</li></ul>

Today’s Top Money Market Account Rates For December 16, 2024 — Rates Move Downward

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