$50,000 high-yield savings account at 4.35% after six months: $1,075.92 Difference between accounts: The money market account makes $12.24 more. $50,000 high-yield savings account at 4.35% after nine months: $1,622.54 Difference between accounts: The money market account makes $18.55 more.

The Federal Reserve held interest rates steady again at its July meeting, resisting pressure to cut rates despite growing signs of an economic slowdown. The federal funds rate still remains at a high level when looking over the past decade—between 4.

Earning the 4.25% APY with a Quontic Bank Money Market Account also requires just $100 to open. Once opened, account balances from as low as $0.01 and up continues earning the top-tier rate regardless of the account balance. This makes the account one of the most strings-free, yet highest earning options available today.