Money Market Interest Rates Today: August 19, 2026 - Rates At 5.00%

Money market account rates on August 19, 2026 are shown with a top offer of 5.00%, versus a national average of 0.47%, according to Curinos. The article explains that these rates are variable and can move quickly when the Federal Reserve changes policy or when individual banks adjust terms. It describes how money market accounts (MMAs) work as interest-bearing deposit accounts that can generally be opened at banks or credit unions, and that they are insured up to $250,000 per depositor via FDIC at banks or NCUA at credit unions. MMAs typically offer higher liquidity than many CDs, though institutions may impose limits on transactions, minimum balances, or fees.