High Yield Money Market Accounts 2024. Our top picks for best money market accounts of 2024. The average money market rate as of april 25, 2024, was 0.59%, according to curinos.
Money market accounts offer higher yields than checking accounts and greater access to your money than savings accounts. The best money market accounts have 4.00% to 5.30% annual percentage yields, earning interest at six to eight times the national average of 0.66%.
The Best Money Market Account Rates Of May 2024:
The money market account national average apy is at 0.46 percent as of april 30, 2024, according to bankrate’s most recent survey of banks.
They Do Have Some Limits:
The federal reserve has signaled it.
The Best Money Market Accounts Have 4.00% To 5.30% Annual Percentage Yields, Earning Interest At Six To Eight Times The National Average Of 0.66%.
Images References :
The Federal Reserve Has Signaled It.
Our weekly picks for the best money market.
These Nationally Available Accounts Pay A High Yield With Low Fees.
They do have some limits:
According To The Fdic, The Average Money Market Apy Is 0.66% As Of April 2024, About Eight Times The 2022 Average Of 0.08%.