Money market account rates are falling, so it’s essential to compare and maximize earnings. The national average money market account rate is 0.59%, a significant increase from just 0.07% three years ago. Some top accounts offer over 4% APY, making now a good time to open an account. Your earnings depend on the annual percentage rate (APY) and how often interest compounds. With daily compounding, a $10,000 deposit at 0.59% would grow to $10,059.17 in one year. Opting for a 4% APY account would yield $10,408.08 over the same period. While 7% MMA rates are rare, local banks may offer limited-time promotions at that level.

Read more at Yahoo Finance: Best money market account rates today, November 15, 2025 (best account provides 4.26% APY)