Here’s how to compare a money market account vs. a savings account. The Covid-19 crisis, from a financial standpoint, has underscored the importance of having readily accessible savings.

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 ...

Today, the best money market rates and savings account interest rates approach or surpass 5%. Fees for savings accounts and MMAs vary, too, though it’s possible to find examples of both account ...

Bank of America's savings accounts pay as little as 0.01% APY. Find out why you should move your money to a high-yield savings account instead.

Both high-yield savings and money market accounts enjoy FDIC insurance up to $250,000 per person, per bank, and per account type, making them among the safest choices for where to put your money.

These brick-and-mortar savings accounts are FDIC-insured from large national banks, offering access to at least 700 physical branches and over 4,000 no-fee ATMs in the U.S.

While Fed rate decisions influence what you earn on savings, the type of bank and account you choose matters more than actual ...

Vault’s Viewpoint on Money Market Accounts vs. Savings Accounts. If you’re concerned about easy access to your money, you might pick a money market account over a savings account since a money ...

Bank of America's savings accounts have APYs ranging from 0.01% to 0.04%. The national average APY is 0.41%, and many high-yield savings accounts pay 4.00% or more. Opening a new savings account ...