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Today's Savings Account Rate

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Money Market Accounts

Money market accounts are similar in many ways to traditional savings accounts, though most banks reserve a higher yield for their money market option. The catch is often that you need a higher minimum balance to earn interest and avoid penalties with a money market account. But the higher yield isn’t the only possible perk with these vehicles: Some money market accounts also offer debit card and checking privileges.

Rates for Money Market Account as of May 16, 2022

Term
Amount

Type: MMA

Min. to earn APY $100.00

0.70%APY* Annual Percentage Yield

Rates as of 5/16/2022
FDIC Insured

Advertiser Comments

  • Earn 0.70% APY when you open an MMA account
  • $100 minimum opening deposit
  • Earn 8x the national average
none

Type: Savings

Min. to earn APY $0.00

0.90%APY* Annual Percentage Yield

Rates as of 5/16/2022
FDIC Insured

Advertiser Comments

  • Get a competitive rate on your Savings Connect account, plus you earn interest on the linked eChecking account.
  • $100 minimum opening deposit
  • 24/7 online access
nonenone

Type: Savings

Min. to earn APY $0.00

0.70%APY* Annual Percentage Yield

Rates as of 5/16/2022
FDIC Insured

Advertiser Comments

  • An award-winning account with great rates, no minimum balances or monthly maintenance fees
  • Secure and easy online account access, and a rate greater than 5X the national average.
  • Online transfers to and from other banks
none

Type: Savings

Min. to earn APY $1.00

1.06%APY* Annual Percentage Yield

Rates as of 5/16/2022
FDIC Insured

Advertiser Comments

  • No monthly fee
  • Rated as excellent and recommended by BauerFinancial
  • Backed by the FDIC
none
Many of the offers appearing on this site are from advertisers from which this website receives compensation for being listed here. This compensation may impact how and where products appear on this site (including, for example, the order in which they appear). These offers do not represent all account options available. *APY (Annual Percentage Yield).
Rates / Annual Percentage Yield terms above are current as of the date indicated. These quotes are from banks, credit unions and thrifts, some of which have paid for a link to their website. Bank, thrift and credit unions are member FDIC or NCUA. Contact the financial institution for the terms and conditions that may apply to you. Rates are subject to change without notice and may not be the same at all branches.