National average money market account rates for June 2026
Key takeaways
- National average money market account rates for June 2026 National average money market account rates for June 2026 · bankrate_626 Matthew Goldberg Mon, June 29, 2026 at 1:49 AM GMT+7 3 min read.
- The average money market account yield is 0.45% annual percentage yield (APY) as of the week of Sunday, June 28, 2026.
- Some money market accounts give you a higher APY for carrying a larger balance.
National average money market account rates for June 2026 National average money market account rates for June 2026 · bankrate_626 Matthew Goldberg Mon, June 29, 2026 at 1:49 AM GMT+7 3 min read. A money market account is a type of savings deposit account that tends to offer check-writing privileges and a debit card for ATM access to your savings. Typically, savings accounts usually don't let you write checks from the account, making money market accounts a unique option to store and tap your money when you need it.
The average money market account yield is 0.45% annual percentage yield (APY) as of the week of Sunday, June 28, 2026. However, yields on the best money market accounts can be more than eight times as high — so, when you're shopping around, don't settle for the average.
Some money market accounts give you a higher APY for carrying a larger balance. Always make sure you're following the Federal Deposit Insurance Corp. (FDIC) rules and guidelines to make sure that your money is protected in the event of a bank failure.