Top accounts offer over 4% APY
The national average money market account rate stands at 0.57%. Some top accounts are currently offering over 4% APY.
The highest rate of 4.01% APY is offered by TotalBank Online Money Market Deposit Account, requiring a $2,500 minimum balance.
Other banks, such as Brilliant Bank and Zynlo, offer rates of 4% APY and 3.90% APY, respectively, with minimum balance requirements of $1,000 or no requirement at all.