High-Yield MMA Rises to 3.081%;
Business MMA Reverses Lower to 1.064%
April 27, 2026

Money market rates were mixed this week. High-yield MMA rose 0.051 points to 3.081% — the largest tier move — while business MMA reversed two weeks of gains, falling 0.033 points to 1.064%. Credit union MMA ticked higher and jumbo MMA held flat in its first comparable week.

📊 Full 5-tier MMA data tracked weekly by MonitorBankRates.com across all 50 states.

NATIONAL — National money market account rates were mixed for the week ending April 27, 2026, with three of five tracked tiers gaining and two declining. High-yield MMA rose 0.051 points to 3.081% — the largest tier move and a continuation of the upward drift seen at the top of the market. Business MMA moved in the opposite direction, falling 0.033 points to 1.064% after two consecutive weekly gains. Jumbo MMA held flat at 1.727% in its first week-over-week comparison since debuting in last week’s release.

High-yield bank MMAs (APY ≥ 2.50%) rose 0.051 points to 3.081%, marking the third consecutive week the tier has held above 3% and the second week of upward drift. Standard bank MMAs (APY < 2.50%) edged down 0.017 points to 0.721%, partially reversing last week’s small gain. The high-yield-to-standard spread widened to 2.360 percentage points from last week’s 2.292 — the gap between the top of the market and the broader baseline continues to define the MMA landscape.

Jumbo MMA APYs were unchanged at 1.727%, the first time week-over-week data is available for the tier following its debut in last week’s release. The flat read suggests the smaller universe of high-balance MMA products (just 17 reporting institutions) was relatively quiet this week. Credit union MMA ticked up 0.016 points to 1.249%, its second consecutive weekly gain. Business MMA fell 0.033 points to 1.064% after two weeks of gains, snapping the modest upward streak that had been visible in commercial deposit pricing.

The persistent gap between the high-yield tier (3.081%) and the rest of the market remains the defining feature of MMA pricing. At 2.36 percentage points above the standard tier, the difference is wide by historical standards and continues to favor depositors willing to compare options across institution types. Track how these tier averages evolve on the national money market rate trends page.

The 0.051 point move in the high-yield tier this week is the largest weekly gain among the five tiers and continues a modest two-week pattern of upward drift in the most rate-competitive segment of the MMA market. Online banks and rate-aggressive institutions that drive the high-yield tier reprice frequently in response to competitive pressure and deposit flow needs. The tier’s ability to hold above 3% for three consecutive weeks suggests the recent decline pattern in deposit pricing has not extended to the top of the MMA market, where competitive pressure remains the dominant factor.

Business MMA’s reversal after two weeks of gains is worth watching. Commercial deposit pricing typically moves with a lag versus retail products, and the 0.033 point drop this week may reflect institutions trimming rates after the recent run-up rather than a directional shift in commercial funding costs. Jumbo MMA holding flat at 1.727% in its first comparable week is a useful baseline read — the tier covers a small universe of products and weekly stability is more informative than volatility for what is still a new tracking series.