What to inspect when you see “Money Market 4.9%”.

A rate number is the beginning of the reading process, not the conclusion.

1. Is the number APY?

APY includes compounding assumptions. If a page says “rate” without clarifying APY, interest rate, yield, or example, pause and find the precise definition.

2. Is the number variable?

Money market deposit rates and fund yields can change. Look for words like variable, subject to change, current, introductory, or as of date.

3. Is there a balance tier?

Some products show the best rate only for specific balances. Others require a minimum opening deposit, direct deposit, or relationship status.

4. Is this a deposit account or fund?

A money market deposit account is not the same as a money market mutual fund. The name similarity can confuse readers, so verify the product category.

5. What happens after the promo?

Ask whether 4.9% is ongoing, temporary, capped, or tied to a review period. A great headline can become less useful if it only applies briefly.