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A high-yield savings account — commonly called an HYSA — is a deposit account that earns a higher rate of interest on your money than with a traditional savings account. The rate of interest ...
For college, a 529 plan is popular. But you have a lot of choices on where to safeguard your money in the shorter term, starting with high-yield savings accounts and money market accounts.
Money market accounts typically have interest rates that are on par with high-yield savings accounts, but also come with check-writing access.
Find the best high-yield savings accounts to make the most of historic high rates of up to 5% APY this month.
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 money market account is a type of interest-bearing account that combines the best of a high-yield savings account with the features of a checking account. MMAs offer rates of 4% APY or higher ...
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