With interest rates on the decline, it’s important to find the best money market account (MMA) rates. Historically, MMAs have offered rates above 4% APY, similar to high-yield savings accounts. The Fed has cut rates three times in 2025, with the federal funds rate now at 3.50% -3.75%. MMAs offer easy access to funds and can be ideal for short-term savings goals. While some banks offer rates above 4% APY, rates above 4.50% are rare. There are no MMAs currently offering 7% interest, as those rates are typically limited-time promotions on checking accounts.

Read more at Yahoo Finance: Best money market account rates today, December 25, 2025 (earn up to 4.25% APY)