<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 typically pay higher interest rates than other deposit accounts.</li><li>MMAs at banks are insured by the Federal Deposit Insurance Corp. (FDIC), while MMAs at credit unions are insured by the National Credit Union Administration (NCUA).</li><li>To open a money market account, compare the best yields on the market and consider account fees, withdrawal limits, and other features.</li></ul>

Today’s Top Money Market Account Rates For December 4, 2024 — Rates Move Downward

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