Maximize Your Money: Best Money Market Account Rates

Discover the best money market accounts for your short-term savings goals! With the Federal Reserve cutting interest rates, its crucial to compare rates to maximize your earnings. While the national average is just 0.59%, top online banks offer over 4% APY. These higher rates are due to lower operating costs, which online banks pass on to customers. Money market accounts provide better interest than savings accounts and easier access than CDs, with FDIC insurance up to $250,000. However, be aware of minimum balance requirements and transaction limits.The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.