Verified September 2026
What is the average money market account rate today?
The typical money market account pays around 0.64% APY nationally, versus a top tracked rate of 4.05% APY — a gap worth about $853/year on a $25,000 balance.
This figure comes directly from SwitchWize Money Market Gap Index, refreshed from live rate data — not a fixed estimate. It is not personalized financial advice; your own best move depends on your bank, balance, and goals.
Money Market Gap IndexReviewed September 1, 2026 by the SwitchWize Research Desk.