A money market account allows for check-writing and ATM access, with an average yield of 0.45% as of December 23, 2025. Some accounts offer higher APY for larger balances, ensuring FDIC protection in the event of a bank failure. The Federal Reserve indirectly influences rates, so compare accounts for the best fit.

The national average APY for money market accounts has remained stable around 0.44-0.46% in recent months. Over 2,200 banks and credit unions are surveyed weekly to generate these averages, including institutions offering high yields and some of the largest banks. Rates may vary by region and are verified by Bankrate’s editorial team monthly.

To find the right money market account, compare rates and features like check-writing privileges, ATM access, and mobile check deposit. Consider high-yield savings accounts as an alternative, as they are similar but may offer different benefits. Look for accounts with high APY and no monthly fees for the best returns.

Read more at Yahoo Finance: National average money market account rates for December 2025