Often, money market accounts have tiered rates with larger balances earning the best rates. Rates for money market accounts are variable, meaning they are subject to change at any time and are calculated as a percentage of your balance. Money market rates are the interest rates you earn on your balance in a money market account. Rates are based on a $10,000 minimum deposit amount.
Here are today’s money market account rates:
The current average money market rate is 0.56%, while the highest rate is up to 5.13%.
