<ul data-eligibleForWebStory="false"><li>The highest money market rate as of today is 4.5%, substantially higher than the national average rate of 0.53%.</li><li>Money market accounts are interest-bearing deposit accounts insured by the FDIC for banks and NCUA for credit unions, with coverage up to $250,000 per depositor.</li><li>Compared to regular savings accounts, money market accounts generally offer higher interest rates but typically have higher minimum deposit requirements.</li><li>To open a money market account, compare various yields, ensure you meet minimum requirements, consider fees and features, and provide necessary personal information for the application process.</li></ul>

Today’s Top Money Market Account Rates For July 3, 2025 – Rates Hit 4.5%

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