Search results
Results from the WOW.Com Content Network
The primary difference between a money market account and a savings account is how you can access your money. With a money market account, you’ll typically get a checkbook and/or debit card.
Yet a high-yield savings account can also be a great way to store your money, and you can avoid the minimum balance requirements and monthly fees of some money market accounts. This story was ...
Similar to traditional savings accounts, the APY for money market accounts can vary a great deal. Online-only banks tend to offer higher rates than brick-and-mortar banks because they don’t have ...
A money market account is a type of interest-bearing account that combines the strong rates of a high-yield savings account with the features of a checking account. MMAs offer rates of 4.5% APY or ...
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 good idea if you need immediate access to savings from time to time without running to the bank or transferring funds between accounts, a money market account is a good ...
A money market account that earns a high yield and provides easy access to your cash can be a good place to set aside money for an emergency fund or your next big planned expense.
For premium support please call: 800-290-4726 more ways to reach us