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Aside from money market accounts and CDs, there are other financial products that offer a way to save money. High-yield savings accounts. A high-yield savings account offers competitive APYs and ...
Money market account vs. a CD. A CD is a type of time deposit account. When you open a CD, you select a term for the account and must keep your money in the account for the full term. If you make ...
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 ...
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 ...
savings accounts and money market deposit accounts (MMDAs, i.e., higher-interest savings accounts subject to check-writing restrictions) time deposits including certificates of deposit (CDs) outstanding cashier's checks, interest checks, and other negotiable instruments drawn on the accounts of the bank; accounts denominated in foreign ...
When you make a deposit in a money market account, it does more than just sit there. It grows. The average money market account rate is currently 0.48 percent, according to Bankrate data. Make ...
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Money market accounts (MMAs) Money market funds (MMFs) Provider. Banks and credit unions. Investment firms and brokers. Insurance. FDIC or NCUA up to $250,000