Best money market account rates today, November 15, 2025 (best account provides 4.26% APY)

Core Insights - The national average money market account (MMA) rate is currently at 0.59%, a significant increase from 0.07% three years ago, indicating a historical high despite recent declines in deposit interest rates [2][4] - Some top MMA accounts are offering rates over 4% APY, suggesting a potential opportunity for consumers to maximize earnings by opening accounts now [2][5] Summary by Sections Overview of Money Market Account Rates - The national average MMA rate is 0.59%, up from 0.07% three years ago, reflecting a notable increase [2] - High-yield accounts are available with rates exceeding 4% APY, prompting a recommendation to open accounts to benefit from these rates [2] Earnings Potential - A $10,000 deposit at the average rate of 0.59% would yield $59.17 in interest after one year, totaling $10,059.17 [5] - In contrast, a high-yield MMA at 4% APY would result in a balance of $10,408.08 after one year, with $408.08 earned in interest [5] Frequently Asked Questions - Money market accounts may have more restrictions compared to traditional savings accounts, including higher minimum balance requirements and limits on monthly withdrawals [6] - There are currently no banks offering a 7% interest rate on MMAs, although some local banks and credit unions may have limited-time promotional rates that could reach this level [7]