Best Money Market Account Rates Today, January 10, 2026 (Best Account Offers 4.1% APY)

Find out how much you could earn with today’s program money market account rate. Interest rates on deposits (including money market account rates) have fallen over the past two years. That’s why it’s more important than ever to compare MMA rates and make sure you earn the most money on your balance.

THE national average rate of money market accounts amounts to 0.58%, according to the FDIC. That may not seem like much, but consider that four years ago that figure was just 0.07%. So, by historical standards, money market account rates are still quite high.

Despite this, some of the best accounts currently offer over 4% APY. Since these rates may not last much longer, consider opening a money market account now to take advantage of today’s high rates.

Here’s a look at some of the best MMA fares available today:

Additionally, the table below highlights some of the best savings and money market account rates available today from our verified partners.

The amount of interest you can earn on a money market account depends on the annual percentage rate (APY). This is a measure of your total earnings after one year, taking into account the base interest rate and how often interest is compounded (interest on money market accounts typically compounds daily).

Let’s say you invest $10,000 in an MMA with an average interest rate of 0.58% with daily compounding. After a year, your balance would reach $10,058.17 – your initial deposit of $10,000, plus $58.17 in interest.

Now let’s say you instead choose a high-yield money market account that offers a 4% APY. In this case, your balance would increase to $10,408.08 over the same period, which includes $408.08 in interest.

Compared to a traditional savings account, a money market account may be subject to more restrictions. For example, money market accounts often require a higher minimum balance in order to get the best interest rate and/or avoid fees. Some MMAs may also limit the number of withdrawals you can make per month (usually six).

Generally, no bank offers a 7% interest rate on money market accounts or any other type of deposit account. That said, you may be able to find local banks and credit unions offering limited-time promotional rates on certain accounts, which can be as high as 7%. However, promotional rates at this level often apply to a limited balance.

Learn more: Are there still 7% savings accounts?