Money market funds still pay solid returns. The top MMF is Nabo Africa Money Market Fund at 9.64% net. The MMF industry average is 7.62% net and the top five MMFs are Nabo Africa Money Market Fund: 9.64% net, Cytonn Money Market Fund: 9.39% net, Arvocap Money Market Fund: 9.29% net, Gulfcap Money Market Fund: 9.23% net, Enwealth Money Market Fund: 8.79% net.

Banks offer a higher headline top rate today. Credit Bank pays 12.68% on savings and the bank deposit industry average is 8.94%. Remember Kenya's 15% withholding tax applies to MMF and bank interest, so check how tax changes your take-home return.

MMFs give easy access and competitive net yields, but their industry average (7.62% net) trails the best bank offer. Credit Bank's 12.68% beats the top MMF number, on paper, for savers who can meet any account requirements.

Also consider liquidity and safety. MMFs are useful for short-term cash you may need quickly. If you plan to keep money for months, compare Credit Bank's terms and confirm how interest is paid after the 15% withholding tax and any account limits.

Loan rates remain wide. The cheapest bank loan rate listed is Citibank N.A. Kenya at 10.36%, while the most expensive is Commercial International Bank Kenya at 20.00%. The bank lending industry average (CBK) is 15.99% and the Central Bank Rate (CBR) is 8.75%.

That gap means shopping matters. If you need credit, get written quotes that show fees and the effective rate. A 10.36% offer can be far cheaper in total cost than a 20.00% offer once fees and repayment terms are included.