Money Market Account Rates Show 4.01% APY Options for 2026

As of April 12, 2026, the national average money market account (MMA) rate is 0.56%, but some accounts offer rates up to 4.01% APY. The Federal Reserve cut its target rate three times in 2025, contributing to a decline in deposit rates. Top accounts include TotalBank Online at 4.01% APY and several others offering rates between 3% and 4%. With higher rates available, consumers may benefit from comparing MMA options to optimize their earnings.