Learn the way a lot you might earn with at present’s cash market account charges. The Federal Reserve lower its goal price 3 times in 2025 and has left charges alone to this point in 2026. So deposit charges — together with cash market account (MMA) charges — have been steadily declining. It is extra essential than ever to check MMA charges and make sure you earn as a lot as potential in your stability.
Overview of cash market account charges at present
The nationwide common cash market account price stands at 0.57%, in keeping with the FDIC.
Even so, a number of the prime accounts are at present providing charges as excessive as 3%-4% APY. Since these charges is probably not round for much longer, contemplate opening a cash market account now to reap the benefits of at present’s excessive charges.
Here is a take a look at a number of the prime MMA charges out there at present, Sunday, June 7, 2026:
How a lot curiosity can I earn with a cash market account?
The quantity of curiosity you possibly can earn from a cash market account will depend on the annual share price (APY). It is a measure of your complete earnings after one yr when contemplating the bottom rate of interest and the way typically curiosity compounds (cash market account curiosity sometimes compounds each day).
Say you place $1,000 in an MMA on the common rate of interest of 0.57% with each day compounding. On the finish of 1 yr, your stability would develop to $1,005.72 — your preliminary $1,000 deposit, plus $5.72 in curiosity.
Now, as an example you select a high-yield cash market account that gives 4% APY as a substitute. 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 deposited $10,000, your complete stability after one yr could be $10,408.08, that means you’d earn $408.08 in curiosity.
