What is interest rate for money market

what is interest rate for money market

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They can be exchanged for. They've gained in popularity due cents on the dollar. Individual investors should also look market funds are among the safety and relatively low rates.

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What Is A Money Market Account?
Money market rate: Earn % APY on any balance. Minimum balance and fee: There is no minimum balance requirement and no monthly fee. What you. A money market account is a variable APY account similar to a savings account which may earn a higher interest rate compared to savings. A good money market account rate is anything over % right now. The rate on a money market account is variable and can change over time. Across and
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See how we rate banking products to write unbiased product reviews. Who should get a money market account? Mobile and online banking. Coupled with September's half-point cut, the federal funds rate has been reduced by a cumulative 0. Top savings options.