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A money market account (MMA) is a type of high-yield account that combines high rates of return on your money with a few limited, but useful, benefits of a checking account. These safe, stable ...
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, or MMA, is a type of bank account that combines many of the features of checking and savings accounts. Like a savings account, money market accounts pay interest on the ...
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.
A checking account, on the other hand, is a type of bank account designed for regular transactions. This is the account you would typically use for daily expenses, paying bills and receiving your ...
In the United States, a negotiable order of withdrawal account (NOW account) is an interest-paying deposit account on which an unlimited number of checks may be written. [1]A negotiable order of withdrawal is essentially identical to a check drawn on a demand deposit account, but US banking regulations define the terms "demand deposit account" and "negotiable order of withdrawal account ...
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