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Here are a few places to start when comparing money market accounts for the best MMA rate: Vio Bank — 5.30% APY; $100 minimum deposit. UFB Direct — 5.25% APY; no minimum deposit. CFG Community ...
Axos Bank: High Yield Money Market. Why it stands out: The Axos Bank High Yield Money Market account has no monthly fees and a 0.25% annual percentage yield. Plus, the minimum balance to earn that ...
A money market account — or MMA — is a savings account that offers a high rate of return on your deposit with the benefits of a checking account, though with limited flexibility. Like a high ...
The national average money market account interest rate is 0.46 as of July 22, 2024. However, like savings accounts, the best money market accounts currently pay upwards of 5 percent. If you have ...
The Federal Reserve's 23-year high benchmark rate of 5.25% to 5.5% continues to positively affect rates of return for high-yield savings accounts — but a rate cut is expected this year. FDIC ...
A money market account is a type of interest-bearing account that combines the best of a high-yield savings account with the features of a checking account. MMAs offer rates of 4% APY or higher ...
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