<ul><li>The current average money market rate is 0.54%, while the highest rate is up to 4.89%.</li><li>Money market accounts (MMAs) offer higher interest rates compared to traditional savings accounts.</li><li>MMAs at banks are insured by the FDIC and MMAs at credit unions are insured by the NCUA.</li><li>To open a money market account, compare different options, consider minimum balance requirements, monthly fees, withdrawal limits, and APYs.</li></ul>

Today’s Top Money Market Account Rates For February 19, 2025 – Rates Hit 4.89%

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