$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.

The lawsuit alleges the bank deceptively marketed the older account as “high interest” and “one of the nation’s best,” while hiding better options.