Home RatesMoney Market

+5bps this week

Money Market Rate Trends

Track money market account yields for savers who want higher APY with more access than CDs.

Best MMA APY

4.10% APY

Benchmark average

3.55% APY

User opportunity

Small rate differences compound over time

Historical archive

Money Market over time

+5bps this week

Aug 7

4.00%

Aug 8

4.00%

Aug 9

4.00%

What changed

Money Market moved up by 5 basis points this week.

Why it matters

Should my cash be in savings or a money market account?

What to do next

Compare fees, check-writing access, and APY together.

How we track this rateShow

SourceSwitchWize Rate Scout (Bankrate), updated daily

MethodBest MMA APY sourced from SwitchWize Rate Scout daily scrape. Rate reflects the highest published APY from FDIC- or NCUA-insured institutions. Some accounts require minimum balances for the advertised rate.

Verified existing coverage

Use what SwitchWize already has

6 links

GuideBest Money Market Accounts: High Rates With Check-Writing FlexibilityThe best money market accounts pay around 4.10% APY with check-writing access and FDIC insurance. We ranked 14 MMAs for rate, minimum balance, and withdrawal flexibility.GuideBest Banks for Creators in: Banking for Irregular, Multi-Platform IncomeCreator income arrives from many platforms, on no fixed schedule, mixing business and personal money. Most bank accounts are built for a steady paycheck. Here is what to look for, and how to structure accounts so taxes and irregular pay do not derail you.GuideIs High-Yield Checking the New Savings Account? What Changed inNeobanks are putting savings-level interest on checking accounts, sometimes higher. It blurs a line that used to be simple: checking for spending, savings for earning. Here is what high-yield checking really pays, its catches, and when it should replace your savings account.GuideThe New Parent's Money Playbook (2026)A new baby reorders your finances overnight, and the internet's first instruction, open a college fund, is the wrong place to start. This is the first-year money playbook in priority order: protect the income and the guardianship first, absorb the cash-flow shift, then choose a savings account, with the 2026 numbers and the new Trump Accounts explained.CalculatorRate Gap CalculatorCompare two entered APY scenarios over one year and show simple, non-compounded five- and ten-year extensions.ComparisonProduct comparisonExisting SwitchWize comparison page connected to this rate.

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