Greatest cash market account charges immediately, February 8, 2026 (greatest account gives 4.1% APY)
Learn how a lot you possibly can earn with immediately’s cash market account charges. The Federal Reserve reduce its goal price 3 times in 2025. So deposit charges — together with cash market account (MMA) charges — have been steadily declining. It’s extra vital than ever to match MMA charges and make sure you earn as a lot as attainable in your steadiness.
The nationwide common cash market account price stands at 0.56%, in response to the FDIC.
Even so, a number of the high accounts are at the moment providing charges of 4% APY and up. Since these charges is probably not round for much longer, contemplate opening a cash market account now to benefit from immediately’s excessive charges.
Right here’s a have a look at a number of the high MMA charges accessible immediately:
Moreover, the desk beneath options a number of the greatest financial savings and cash market account charges accessible immediately from our verified companions.
The quantity of curiosity you possibly can earn from a cash market account relies on the annual share price (APY). This can be a measure of your whole earnings after one yr when contemplating the bottom rate of interest and the way typically curiosity compounds (cash market account curiosity sometimes compounds every day).
Say you set $1,000 in an MMA on the common rate of interest of 0.56% with every day compounding. On the finish of 1 yr, your steadiness would develop to $1,005.62 — your preliminary $1,000 deposit, plus $5.62 in curiosity.
Now let’s say you select a high-yield cash market account that provides 4% APY as a substitute. On this case, your steadiness would develop to $1,040.81 over the identical interval, which incorporates $40.81 in curiosity.
The extra you deposit in a cash market account, the extra you stand to earn. If we took our similar instance of a cash market account at 4% APY, however deposit $10,000, your whole steadiness after one yr could be $10,408.08, that means you’d earn $408.08 in curiosity.
