Story perspectives

Money-Market Accounts Hit 4% — Savings Stagnant at 0.38%

5/6/2026

Summary

Story summary

Money market accounts now yield about 4% interest, far above the 0.38% savings rate.
On May 4-5 2026, outlets analyzed $30,000, $75,000 and $150,000 deposits in CDs versus savings or money-market accounts, noting CDs lock in fixed rates while the others have variable rates that could rise if the Fed keeps rates high.
Authors advise savers to weigh liquidity, earnings and alternatives such as stocks, real estate or metals before committing deposits.

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Story summary

Money market accounts now yield about 4% interest, far above the 0.38% savings rate.
On May 4-5 2026, outlets analyzed $30,000, $75,000 and $150,000 deposits in CDs versus savings or money-market accounts, noting CDs lock in fixed rates while the others have variable rates that could rise if the Fed keeps rates high.
Authors advise savers to weigh liquidity, earnings and alternatives such as stocks, real estate or metals before committing deposits.