Average money market rate today

A money market account (MMA) or money market deposit account (MMDA) is a deposit account that pays interest based on current interest rates in the money  The Best Money Market Account Rates for March 2020 Idle cash does little good; earning interest, even at the current thin rates, puts money in a pocket. Apply today for a U.S. Bank Elite Money Market account for even higher-yielding competitive interest rates and other great rewards!

The high-yield Money Market Account from UFB Direct combines a high APY that No monthly maintenance fees with $5,000 minimum average daily balance2  Check current BECU interest rates on CDs, Money Market accounts and checking and savings products. We offer competitive rates to help you save more. This relationship money market account is available with Upgrade to Platinum Plus today. Use our calculator to see how much you could be saving each month. excess funds at the prevailing market rate with a BankPlus Money Market Account. A minimum of $1000 is required to obtain the current Annual Percentage 

Like most deposit accounts, the rate on money market accounts has grown over the past few years, up from 0.188% APY in 2016 to 0.399% APY in September 2019. Savings account rates have also increased, but still averaged only 0.281% APY in September 2019. You can do much better than a 0.402% APY on a money market

4 Dec 2019 Money market accounts tend to have higher interest rates than checking or savings accounts. The FDIC shows that the national average rate for  We have branch locations in Florida, North Carolina, South Carolina and Virginia . *Rates are current as of March 19, 2020 unless otherwise noted and are subject   11 Dec 2019 It influences the rates those banks charge people to borrow money or how much people intend to save and spend given the current interest  Market Data Center. Other Short Term RatesWednesday, March 18, 2020 among commercial banks for overnight use; Call money rate is the charge on loans to brokers on s weighted average for overnight trades in applicable CUSIPs. The CIT Bank Money Market Account may take the prize as the highest yielding money market account anywhere. The current APY is 1.85%. What's more, you  from depository institutions in the Report of Selected Money Market Rates (FR 2420) Note: Current and historical H.15 data, along with weekly, monthly, and 

Chemical Bank's Money Market account makes investing and earning easy and and over; Visit our Deposit Rates page to see current rates for the above tiers.

The high-yield Money Market Account from UFB Direct combines a high APY that No monthly maintenance fees with $5,000 minimum average daily balance2  Check current BECU interest rates on CDs, Money Market accounts and checking and savings products. We offer competitive rates to help you save more. This relationship money market account is available with Upgrade to Platinum Plus today. Use our calculator to see how much you could be saving each month. excess funds at the prevailing market rate with a BankPlus Money Market Account. A minimum of $1000 is required to obtain the current Annual Percentage 

This an especially good account for building up your emergency savings. Check out the chart below to see how much you could earn. See your savings grow 

Chemical Bank's Money Market account makes investing and earning easy and and over; Visit our Deposit Rates page to see current rates for the above tiers. Our Money Market Account might be right for you if you want to earn interest, but need access to your cash via ATM, Debit and checks. Learn more today! Enjoy the benefits of higher yield money market deposit account rates with the Waived with minimum average balance of $5,000; otherwise, $25, Waived with 

DCU Money Market Accounts earn high tiered dividends and are federally- insured. Rates are variable and may change after the account is opened and are subject to change weekly. How much could I save over time? The start date is assumed to be the first day of the current month with periodic deposits beginning 

In today’s unsettled rate environment, this isn’t exactly true, although in some cases there are banks and credit unions with money market accounts that offer higher rates than their savings account options. Money market account benefits. Savers choose money market accounts because of their liquidity and flexibility. Average money market rates fall between 0.08% APY and 0.11% APY, again depending on your balance. Below, we’ve listed a number of popular banks and given a range of their basic money market account rates. Again, your rate will depend on your account balance. † The 7-day SEC yield for Vanguard Prime Money Market Fund and, according to the FDIC weekly national rates and rate caps External site, the national average savings account rate, which doesn't include credit unions. Figures as of October 31, 2019. Savings and interest checking account rates are based on the $2,500 product tier while money market and certificate of deposit are based on the $10,000 and $100,000 product tiers for non-jumbo and jumbo accounts, respectively. Account types and maturities published in these tables are those most commonly offered by

Open a Money Market account online today with a $25 minimum opening deposit to take advantage of these features: Interest compounds and is credited monthly. 24/7 online access with Online and Mobile Banking. The average interest rate on a money market account is currently 0.21 percent, according to Bankrate's weekly survey of institutions. Yet some banks are offering at least eight times that.