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Money market accounts and traditional savings accounts are not vastly different, but there is more than one difference between money market and savings instruments.. While both usually offer excellent security and good liquidity, certain money market vs. savings account features may offer a better fit than another for your saving goals. Click to Play!

A Money Market Account (MMA) is a type of savings account that allows a limited number of checks to be drawn from the account each month. How much interest a money market account pays, and whether. Click to Play!

A money market account is an interest-bearing account that pays a higher interest rate than a savings account, and gives the account holder limited check-writing ability. It combines the benefits. Click to Play!

A money market account is an interest-bearing account at a bank or credit union—not to be confused with a money market mutual fund. Sometimes referred to as money market deposit accounts (MMDA. Click to Play!

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A money market account is a type of savings account that typically comes with a higher interest rate based on the deposit amount. Money market accounts are not the same as money market funds, and aren’t affected by the stock market.
A money market or high-yield savings account also could be a good place to store your emergency fund. It’s smart to keep this money separate from your daily-use checking account, and a higher.
*The 7-day SEC yield as of January 31, 2019, on Vanguard Prime Money Market Fund (Investor Shares) is 2.48% and, according to the FDIC Weekly National Rates and Rate Caps, the national average of savings account rates, which doesn’t include credit unions, is 0.09% as of January 31, 2019.

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Earn more interest with our high yield money market account, while enjoying access to your money when needed. Build your nest egg for the future. Learn more today.
Additional Savings and Money Market Disclosures The average collected balance is calculated by adding the principal in the account for each day of the period and dividing that figure by the number of days in the period.
The main difference is the way you access your money. A money market account gives you more access because you can be issued a debit card and checks. An online savings account doesn't include checks or a debit card. Discover more about our Online Savings and Money Market accounts.

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Jumbo Money Market Savings Account. Earn our Jumbo dividend rate on account balances of $100,000 or more. The dividend rate applies to the entire balance, not just the amount over the tier threshold.
A money market account is a type of savings account offered by banks and credit unions just like regular savings accounts. The difference is that they usually pay higher interest, have higher minimum balance requirements (sometimes $1000-$­2500), and only allow three to six withdrawals per month.

savings or money market account Simply put, every dollar you add to your Rewards Savings account combined with our rewards programs gets you one step closer to your savings goal.
A savings account is a deposit account that generally earns higher interest than an interest-bearing checking account.
Savings accounts limit the number of certain types of transfers or withdrawals you can make from the account each monthly statement cycle.
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Use our free mobile app to deposit checkscheck balances, pay billstransfer money and locate ATMs and financial centers on the go.
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A money market account is a special type of savings account: Cash you put in the account remains deposited with the financial institution, where it earns a variable annual percentage yield. Because the name of this deposit product has the word market in it, you may assume a money market account is some kind of investment product, but it’s not.


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Total 6 comments.