Money market account rates have been decreasing, making it crucial to compare rates to maximize earnings. The national average money market account rate is currently at 0.59%, higher than three years ago. Some top accounts offer over 4% APY, so consider opening an account now to benefit from high rates. Interest earned on money market accounts depends on the annual percentage rate (APY) and compounding frequency. Choosing a high-yield account can significantly increase your balance over time. While some banks offer promotional rates of up to 7%, these are usually limited-time offers with restrictions.

Read more at Yahoo Finance: Best money market account rates today, December 6, 2025 (best account provides 4.26% APY)