Best money market account rates today, July 19, 2025 (best account provides 4.41% APY)
Overview of money market account rates today
The national average money market account rate stands at 0.62%, according to the FDIC. This might not seem like much, but consider that three years ago, it was just 0.07%. So by historical standards, money market account rates are still quite high.
Even so, some of the top accounts are currently offering over 4% APY. Since these rates may not be around 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 top MMA rates available today:Additionally, the table below features some of the best savings and money market account rates available today from our verified partners.
This embedded content is not available in your region.
How much will $10,000 make in a money market account?
The amount of interest you can earn from a money market account depends on the annual percentage rate (APY). This is a measure of your total earnings after one year when considering the base interest rate and how often interest compounds (money market account interest typically compounds daily).
Say you put $10,000 in an MMA at the average interest rate of 0.64% with daily compounding. At the end of one year, your balance would grow to $10,064.20 — your initial $10,000 deposit, plus $64.20 in interest.
Now let's say you choose a high-yield money market account that offers 4% APY instead. In this case, your balance would grow to $10,408.08 over the same period, which includes $408.08 in interest.
Frequently asked questions about money market account rates
What is the downside of a money market account?
Compared to a traditional savings account, a money market account may come with more restrictions. For example, money market accounts often require a higher minimum balance in order to earn the best interest rate and/or avoid fees. Certain MMAs may also limit the number of withdrawals you can make per month (typically six).
Which bank gives 7% interest on savings accounts?
In general, there are no banks that offer 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 running limited-time promotional rates on certain accounts, which could be as high as 7%. However, promotional rates at this level often apply to a limited balance.
Read more: Do 7% interest savings accounts exist anymore?
This embedded content is not available in your region.
Hashtags

Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Yahoo
7 minutes ago
- Yahoo
US EPA moves to approve dicamba weedkiller use on cotton, soybeans
By Leah Douglas and Tom Polansek WASHINGTON (Reuters) -The U.S. Environmental Protection Agency on Wednesday proposed approvals for three products containing the weedkiller dicamba, whose use was halted by a federal court in 2024, arguing it does not pose a significant human health or environmental risk. Cotton and soybean farmers had sprayed dicamba on crops that were genetically engineered to resist the herbicide, which controls tough weeds. Environmental groups have criticized the chemical because it can drift from where it is sprayed and damage neighboring plants. A 2024 U.S. District Court ruling found the EPA previously violated public input procedures in its approval of three dicamba products, and vacated the product registrations. As a result, farmers were unable to spray dicamba on crops this year. The EPA has received applications from Bayer AG, BASF and Syngenta for new approvals, the agency said in regulatory documents. Bayer, which sold the dicamba herbicide XtendiMax, said it was pleased the EPA opened a public comment period on its proposal to approve dicamba usage. "We are confident that low-volatility dicamba herbicides, when used according to the label, can be used safely and successfully on-target," Bayer said. BASF said it would work with regulators to ensure farmers can use dicamba. Syngenta did not immediately respond to a request for comment. An EPA review found no risk to human health from the products, but some risk to certain plants, it said in a release. To mitigate that risk, the agency is proposing restrictions on how much of the chemical can be applied and when, the release said. The top pesticides official at the EPA's Office of Chemical Safety and Pollution Prevention, Kyle Kunkler, previously worked as a lobbyist for the American Soybean Association, which has supported allowing farmers to spray dicamba on soybeans. The association said it was reviewing the EPA's proposal and that dicamba is a critical tool for farmers.
Yahoo
7 minutes ago
- Yahoo
MrBeast CEO and 'Beast Games' winner rally brand partners and rare disease support on Wall Street
NEW YORK (AP) — MrBeast's new CEO hit Wall Street Wednesday as YouTuber Jimmy Donaldson's media empire looks to develop long-term brand partnerships and, in turn, unlock more funding for its charitable content. Venture capitalist Jeff Housenbold took over MrBeast leadership last summer with a mandate to professionalize an ever-growing entertainment company. YouTube's most popular creator had reached record audience levels far outpacing its startup days, while vowing to reassess its internal culture amid multiple controversies. But, despite joining Nasdaq's closing bell ceremony on Wednesday, Housenbold said their strategic plan does not currently include a public offering — or any active funding rounds. 'Do I want to make banger content? Yeah. That's cool," Housenbold told The Associated Press. "But what can we do with that banger content? Generate profits, make a sustainable business that gives us greater ability to impact people's lives around the world.' 'We're marching quickly to profitability, so we don't have to raise additional capital,' he added. Instead, MrBeast is focused on securing multi-year exclusive advertising deals as opposed to single-video brand partnerships. With 416 million subscribers and legions of impressionable young fans, Housenbold argued that MrBeast is uniquely positioned to deliver more bang for companies' marketing bucks by pointing that 'firehouse of attention' at them. Along the way, Housenbold said he is encouraging Donaldson to tout the channel's charitable works — which often feature quantifiable stunts such as building wells, removing ocean plastic or covering cataract surgery costs. The company, in his view, 'can do good while doing well.' 'The more people who like us 'cause we do good, the more people watch our videos," he said. 'The more people watch our videos, the more we're able to drive in fees from our advertising partners... the more we can invest in more content to do more good in the world.' New projects such as the Amazon Prime reality show and a James Patterson novel from HarperCollins aim to diversify the genders and ages of his audience. Housenbold said that base has historically consisted mostly of 8-to-25-year-olds and men. But Housenbold acknowledged missteps in last year's production of 'Beast Games," which prompted allegations of 'unsafe' conditions from some contestants who said an unorganized set led to injuries, irregular food provision and lacking access to medication. While describing most of those reports as 'inaccurate,' Housenbold said they were 'better prepared' for the second season's recently wrapped shoot. 'Building sets for a 10-episode show is different than a 22-minute YouTube video," he said. "The scale, the size, the sophistication, the safety, the security, the cost effectiveness of doing that. We didn't staff up enough for Beast Games.' Ringing Nasdaq's closing bell Wednesday with Housenbold was the winner of the $10 million grand prize awarded in that inaugural 'Beast Games' season. Jeffrey Allen, the father of a child with creatine transporter deficiency, has promised to put some of his winnings toward existing treatments and research for a cure to the rare genetic disorder. He said the Association for Creatine Deficiencies, where he is a board member, added 1,000 new donors in the weeks following the final 'Beast Games' episodes' release. He hopes Wednesday's visit will draw more attention and money to all rare diseases. 'This is where companies that are bringing true change to the marketplace come to listen to other companies," Allen said. "So, there's no better place for a budding rare disease nonprofit to come and show, 'Hey we're trying to change the world, too.'' ___ Associated Press coverage of philanthropy and nonprofits receives support through the AP's collaboration with The Conversation US, with funding from Lilly Endowment Inc. The AP is solely responsible for this content. For all of AP's philanthropy coverage, visit Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
7 minutes ago
- Yahoo
Golden Minerals Company Announces Results of Director Elections at 2025 Annual Meeting
GOLDEN, Colo., July 23, 2025--(BUSINESS WIRE)--Golden Minerals Company ("Golden Minerals," "Golden" or the "Company") (OTCQB: AUMN and TSX: AUMN) announces the voting results from its Annual Meeting of Stockholders held on May 27, 2025. At the meeting, shareholders elected five directors to hold office until the 2026 Annual Meeting of Stockholders or until their respective successors are duly elected and qualified. The results of the vote were as follows: Nominee Votes For Votes Withheld Jeffrey G. Clevenger 1,211,954 192,706 Pablo Castanos 1,214,676 189,984 Deborah J. Friedman 1,270,239 134,421 Kevin R. Morano 1,272,722 131,938 David H. Watkins 1,272,604 132,056 There were 4,335,189 broker non-votes for each of the above directors. The Company thanks its shareholders for their continued support. For additional information, please visit View source version on Contacts Golden Minerals Company(303) 839-5060