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Money market account. Also called a money market savings account , the rate on an MMA can beat those of traditional savings accounts, with the same access to your money. High-yield checking account.
Patriot Bank is one such bank, offering 5.05 percent APY on its online money market account, as of Dec. 23. This is why it’s worth considering money market accounts in your search for yield.
Money market accounts are a great option if you're looking to maximize the amount of interest you can earn in a low-risk setting. You'll have easy access to your money, your account is insured up ...
Money market account. Also called a money market savings account , the rate on an MMA can beat those of traditional savings accounts, with the same access to your money. High-yield checking account.
Money market account. Also called a money market savings account , the rate on an MMA can beat those of traditional savings accounts, with the same access to your money. High-yield checking account.
A money market account (MMA) or money market deposit account (MMDA) is a deposit account that pays interest based on current interest rates in the money markets. [1] The interest rates paid are generally higher than those of savings accounts and transaction accounts; however, some banks will require higher minimum balances in money market accounts to avoid monthly fees and to earn interest.
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