Average Savings Rates and MMA Rates for December 15th, 2019
Average savings rates and money market rates for December 15th, 2019, are slightly lower, continuing the downward pressure on interest rates over the past couple of months. Current average savings rates and money market rates for December 15th are at 0.80 percent, down from last week's average rate of 0.82 percent (account balances of $10,000).
Average savings account rates and MMA rates for account balances of $25,000 are at 0.89 percent, a decline from the prior week's average rate of 0.92 percent. Savings rates and MMA rates for account balances of $50,000 are averaging 1.08 percent, down from an average rate of 1.11 percent the prior week.
While average savings rates/MMA rates on our rate list declined week over week, the best rates available on our list moved higher. We also have a new highest rate on our list because of a new entry, TotalBankDirect. The current money market account rate at TotalBankDirect is at 2.04 percent with an APY of 2.06 percent.
Best Savings Rates December 15th, 2019
Best Money Market Rates December 15th, 2019
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