Greatest cash market account charges at this time, February 15, 2026 (finest account supplies 4.01% APY)
Learn the way a lot you possibly can earn with at this time’s cash market account charges. The Federal Reserve reduce its goal charge thrice in 2025. So deposit charges — together with cash market account (MMA) charges — have been steadily declining. It’s extra essential than ever to match MMA charges and make sure you earn as a lot as attainable in your stability.
The nationwide common cash market account charge stands at 0.56%, based on the FDIC.
Even so, a number of the high accounts are presently providing charges of 4% APY and up. Since these charges will not be round for much longer, contemplate opening a cash market account now to reap the benefits of at this time’s excessive charges.
Right here’s a take a look at a number of the high MMA charges accessible at this time:
Moreover, the desk under options a number of the finest financial savings and cash market account charges accessible at this time from our verified companions.
The quantity of curiosity you’ll be able to earn from a cash market account relies on the annual proportion charge (APY). This can be a measure of your complete earnings after one 12 months when contemplating the bottom rate of interest and the way usually curiosity compounds (cash market account curiosity usually compounds each day).
Say you set $1,000 in an MMA on the common rate of interest of 0.56% with each day compounding. On the finish of 1 12 months, your stability 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 an alternative. On this case, your stability 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 complete stability after one 12 months could be $10,408.08, which means you’d earn $408.08 in curiosity.
