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If you want to save money and earn interest, you might be considering a CD or money market account. Money market accounts offer liquidity and a way to save for short-term goals. There is typically ...
While money market accounts are great for saving and managing your money, it’s important to remember that a money market account is not considered an investment tool, and to build a long-term ...
Here are a few places to start when comparing money market accounts for the best MMA rate: Vio Bank — 5.30% APY; $100 minimum deposit. UFB Direct — 5.25% APY; no minimum deposit.
Money market accounts offer quick access through checks, debit cards and bank transfers, making them a great tool for active money management. Choose a money market fund if: You have extra cash in ...
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 flexible access to your money. Higher-risk ...
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 ...
Money market accounts combine the features of checking and savings accounts, but they place additional restrictions on your money, which limits their usefulness as checking account replacements ...
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 ...