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Today’s Top Money Market Account Rates For December 3, 2024 — Rates Move Upward

  • The highest money market rate as of today is 5.00%, compared to a national average rate of 0.56%.
  • Money market accounts (MMAs) are interest-bearing deposit accounts offered by banks and credit unions.
  • MMAs typically offer higher interest rates than other deposit accounts and provide convenient access to cash through debit cards and check-writing capabilities.
  • Before opening a money market account, it is important to compare rates, minimum balance requirements, monthly fees, and withdrawal limits.

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