The interest-earning potential of an account of this size remains robust, even after recent interest rate cuts.

The highest money market account rate available today is 4.22% Changes from the Fed or your bank can quickly change money market rates Online banks typically offer the most competitive yields on the market Current Money Market Rates The current average money market rate is 0.

After holding interest rates steady for much of 2025, the Federal Reserve closed out the year by trimming its benchmark rate three times between September and December. The central bank has now

Last year, Peter Hsiao learned about high-yield savings accounts from his friend, and within a week, he had opened one. His rate was above 2%. High-yield savings accounts pay interest rates far higher than the national average of 0.09% annual percentage yield.