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Money Market Accounts Offer Up to 4.01% APY Rates Today

Published on · Source: finance.yahoo.com

Money Market Accounts Offer Up to 4.01% APY Rates Today

AI Summary

Summarized by AI from the source below

As of June 7, 2026, the national average money market account (MMA) rate is 0.57%, according to the FDIC. However, select accounts such as TotalBank Online Money Market are offering rates as high as 4.01% APY with a minimum balance of $2,500 required. Other notable MMA rates include Brilliant Bank at 4% APY and Zynlo at 3.90% APY. The Federal Reserve has not adjusted its target rate in 2026 following three cuts in 2025, contributing to the declining general deposit rates, making it crucial to compare options for maximum earnings.

Informational only, not financial advice. Content is AI-generated and may contain errors. How this works.

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