Best High-Yield Money Market Account Rates — August 2026
Brian McKay
Brian McKay
Founder & Data Architect- Automated Online Rate Data Aggregation
- Location-Based Rate Tables
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Top high-yield money market rates currently available include BluCurrent Credit UnionBluCurrent Credit Union1770 W SUNSET ST, SPRINGFIELD, MO 65807A+5.0 ★Texas Ratio: 3.56% offering Premium Coverage Money Markets at 5.00% APY, and Washington Savings Bank Lowell, MAWashington Savings Bank Lowell, MA30 Middlesex St, Lowell, MA 01852A+5.0 ★Texas Ratio: 4.14% offering High Yield Online Money Market at 4.50% APY, and Publix Employees Federal Credit UnionPublix Employees Federal Credit Union3005 New Tampa Hwy, Lakeland, FL 33815 3468A+5.0 ★Texas Ratio: 1.29% offering High-Yield Money Market Tiers at 4.50% APY, and Hoosier Hills Credit UnionHoosier Hills Credit Union630 Lincoln Ave, Bedford, IN 47421 2116A5.0 ★Texas Ratio: 8.66% offering High Yield Money Market at 4.05% APY. Money market rates as of August 28, 2026 according to verified data from MonitorBankRates.
We evaluate the financial stability of every listed institution using proprietary Safety Grades (A+ to F), Star Ratings, and Texas Ratios — so you can maximize yield and deposit with confidence.
The APYs displayed reflect actual verified offers. Rates are subject to change at the institution’s discretion without notice. Savings Account Rates Last Updated and Verified: August 28, 2026
Compare the Best High-Yield Money Market Rates
Qualifications Required: Qualifications Required; All balances if qualifications are not met: 0.01%; Qualifying balance up to $7,500.00
APY is accurate as of 1/1/2024. Rate is subject to change at any time without notice. Maximum deposit amount of $500,000. Personal accounts only. One account per customer. Fees may reduce earnings. Member FDIC/DIF. Each depositor is insured by the FDIC to at least $250,000. All deposits above the FDIC insurance amount are insured by the Depositors Insurance Fund (DIF).
Balances below $1,000 will not earn dividend and APY. Annual Percentage Yield (APY) accurate as of 7/15/2026. Rates subject to change without notice.
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New Money is defined as money not on deposit at Spencer Savings Bank within the last six months. Account must be opened by 8/31/2026 and rate is guaranteed for 6 months from date of account opening. After the promotional period ends, standard pricing will apply and the rate will change.
Promotional Rate**
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Current promo rate as high as 4.00% APY* for 6 months. Keep access to funds while enjoying high returns. Big balances get even better rates without locking up your funds. To qualify for the six (6) months promotional 4.00% APY, you must open a new High Yield Money Market (HYMM) using new money (external funds - monies from accounts other than Vantage West or affiliate institutions). After the six (6) month promotional period, the rate will revert to the current standard variable rate offered based on the amount in the account at the time of expiration of the promotional period. The minimum opening deposit for the HYMM is $10,000.00 and must be funded with external funds within ten (10) business days of account opening. Accounts not funded within this timeframe may be closed. The account must maintain a $500.00 minimum balance to remain open. If you do not meet the qualification requirements, the standard dividend rate and APY will apply to your account. This promotion cannot be combined with any other promotional offers, rate enhancements, or relationship pricing. Members must remain in good standing throughout the promotional period to retain eligibility for the promotional rate. Business HYMM accounts are not eligible. Employees and Board Members are not eligible for this promotion. Please see Truth in Savings Bonus Addendum for terms and conditions. Vantage West reserves the right to modify or cancel this promotion at any time without prior notice. Rates for Regular Savings, Premium Savings, Super Saver Kids, Launch Money Market and High Yield Money Markets are variable and may change after the account is opened.
High yield money market is limited to one per member and will only apply for new money to the credit union. Money withdrawn and re-deposited from Ufirst will not be eligible for the high-yield money market.
Promotional rate and cap are subject to change. Promo account will automatically convert to standard Money Market Account after 12 months. Funds deposited must be new money. Balances above $100,000 will earn the same dividend as AdelFi Savings Account of 0.10%. Limit ONE High-Yield Money Market Account per member.
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May add deposits at anytime. See below for account details.
May add deposits at anytime, no check writing privileges. See below for account details.
The rates for the High Yield Money Market are variable and subject to change.
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Qualifications Required; Qualifying balance up to $1,000,000.00
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Earn 3.75% Annual Percentage Yield for new money only.
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Apple Choice Banking Program
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Money Market Rate Trends
Daily average APYs for high-yield and standard money market accounts
Weekly averages compiled from thousands of current savings rates across our database of 8,500+ banks and credit unions — updated every evening.
High-yield money market rates fell 0.006 points this week to 3.046% APY, down from 3.052% last week.
Standard money market rates rose 0.004 points this week to 0.745% APY.
What Is a High-Yield Money Market Account?
A High-Yield Money Market Account (HYMA) is a federally insured deposit account that combines the rate competitiveness of a high-yield savings account with the flexibility of limited check-writing and debit access. These accounts are offered by online banks and credit unions that pass their lower overhead costs to depositors in the form of elevated APYs.
All legitimate money market accounts at FDIC-member banks are insured up to $250,000 per depositor. Credit union equivalents are covered by the NCUA for the same amount. Your principal is safe regardless of market conditions, and your funds remain liquid.
How to Compare High-Yield Money Market Rates
When evaluating a high-yield money market account, look beyond the headline APY. Consider: minimum deposit requirements, whether the rate is promotional or ongoing, any balance tiers that change the rate, check-writing and debit card access, and monthly fee structures. MonitorBankRates also displays each institution’s Safety Grade, Star Rating, and Texas Ratio — so you can evaluate financial health alongside rate competitiveness.
HYMA vs. CD: A high-yield money market account keeps your money fully liquid with flexible access options. A Certificate of Deposit (CD) locks your funds for a fixed term in exchange for a guaranteed rate. If you don’t need immediate access, CDs can offer higher yields than even the best money market accounts.
What a High-Yield Money Market Earns
The gap between a high-yield money market and a standard one compounds quietly but meaningfully. Here is a year of interest at the current high-yield average versus the top verified offer in our table.
| Balance | Earned in 1 Year at 3.05% APY High-yield average |
Earned at 5.00% APY Top offer in our table | Difference |
|---|---|---|---|
| $1,000 | $30.46 | $50.00 | $19.54 |
| $5,000 | $152.31 | $250.00 | $97.69 |
| $10,000 | $304.63 | $500.00 | $195.37 |
| $25,000 | $761.57 | $1,250.00 | $488.43 |
| $50,000 | $1,523.15 | $2,500.00 | $976.85 |
Assumes the rate holds for the full year with no withdrawals and monthly compounding. Money market APYs are variable and can change at any time. Many accounts are tiered, so the advertised APY may require a minimum balance to earn.
Money Market, Savings, or CD: Which Fits This Money?
All three are insured deposit accounts and all three can pay competitive yields. The right one depends on a single question: when will you need the money?
| Money Market | High-Yield Savings | Certificate of Deposit | |
|---|---|---|---|
| Rate Type | ● Variable | ● Variable | ✓ Fixed for the term |
| Access to Funds | ✓ Anytime, often with cheques or a debit card | ✓ Anytime, transfers only | ✗ Early withdrawal penalty |
| Cheque Writing / Card | ✓ Frequently included | ✗ Rare | ✗ No |
| Typical Minimum | ● Higher, often tiered | ✓ Low or none | Varies by product |
| Transaction Limits | ● Often capped per cycle | ● Sometimes capped | Not applicable |
| Protected If Rates Fall | ✗ No — rate can drop anytime | ✗ No | ✓ Yes — locked for the term |
| Best For | An emergency fund or reserve you may need to spend from directly | Pure savings with no spending access needed | Money with a known date you won’t touch |
A money market account at an insured bank or credit union is a deposit covered to $250,000 per depositor, per institution, per ownership category. A money market fund from a brokerage is an investment, is not deposit-insured, and can lose value — the names are similar and the products are not.
The Catch With Variable Rates
Every APY on this page is variable. The institution can change it whenever it likes, without notice and without asking. A money market account is not a rate you lock in — it is a rate you are offered today, and rate tables are a snapshot rather than a commitment.
That matters most for the accounts sitting at the very top of the table. A promotional APY that beats the field by a wide margin is often introductory, and it can drift back toward the average within a few statement cycles once the account is funded. Before moving money for a headline number, check whether the rate is promotional, whether it applies to the whole balance or only a tier, and what the account has historically paid.
The practical response is not to avoid the top offers — it is to check your rate periodically rather than assuming it held. If your money is genuinely idle for a known period and you want certainty instead of flexibility, a fixed-rate CD removes the variability entirely at the cost of access.
About Our High-Yield Money Market Rate Database
This page surfaces the highest-APY money market accounts we track, drawn from the thousands of verified rates in our database. Every APY is sourced directly from the institution’s own website and re-verified regularly, and each listing carries our Health Grade so the yield can be weighed against financial stability.
The highest verified APY in our table right now is 5.00% APY from BluCurrent Credit Union. Money market APYs are variable — the institution can change the rate at any time without notice, so today’s leader may not lead next quarter.
High-Yield Money Market Calculator
See what your balance earns and how much the APY difference is actually worth. We’ve prefilled the top verified rate — click any rate on the right to compare.
Assumes the APY holds for the entire period and interest compounds monthly with no withdrawals. Money market rates are variable and will change — multi-year figures are illustrative, not a forecast. Tiered accounts may require a minimum balance to earn the advertised APY, and interest is generally taxable. Not a rate guarantee or an offer.
Methodology & Data Sources
Direct-Sourced & Verified Money Market Rate Data: We aggregate high-yield money market account rates directly from the official websites of banks and credit unions using our proprietary rate aggregation technology and a dedicated team of rate updaters. By pulling data straight from institutions’ own digital properties and manually verifying yields daily, every money market rate displayed on MonitorBankRates.com is highly accurate and trustworthy.
Local, Regional, and Coast-to-Coast Coverage: Our systems constantly monitor the market to provide a complete picture of available yields across the country. We feature a comprehensive mix of institutions — from neighborhood credit unions and competitive regional banks to high-yield online banks available to savers in all 50 states.
Daily Updates & Time-Stamped Accuracy: Our rate updaters verify and update savings rates daily. Because yields can fluctuate rapidly based on market conditions, every product listed features its own specific “last updated” date, giving you complete transparency into when that specific rate was confirmed.
Proprietary Institution Health & Safety Grades: Beyond tracking rates, MonitorBankRates evaluates the financial stability of every listed institution. Our Health Grades (A+ to F) and Star Ratings are composite metrics calculated using objective regulatory data — including the Texas Ratio — ensuring you deposit with secure, reliable institutions.
Deposit Account Calculators
Frequently Asked Questions about High-Yield Money Market Accounts
What is a High-Yield Savings Account (HYSA)?
Is my money safe in a money market account?
Savings Account vs. Certificate of Deposit (CD)?
How often do money market rates change?
Do I have to pay taxes on interest earned in a money market account?
Are online banks better than local banks for money market accounts?
How do I open a high-yield money market account?
What are the best High-Yield Money Market rates right now?
- BluCurrent Credit Union
Premium Coverage Money Markets — 5.00% APY - Washington Savings Bank Lowell, MA
High Yield Online Money Market — 4.50% APY - Publix Employees Federal Credit Union
High-Yield Money Market Tiers — 4.50% APY - Hoosier Hills Credit Union
High Yield Money Market — 4.05% APY - 1st Advantage Federal Credit Union
Performance Plus Money Market — 4.00% APY
More Money Market Rate Options
