Exchange Currency

money market account

A savings account which shares some of the characteristics of a money market fund. Like other savings accounts, money market accounts are insured by the Federal government. Money market accounts offer many of the same services as checking accounts although transactions may be somewhat more limited. These accounts are usually managed by banks or brokerages, and can be a convenient place to store money that is to be used for upcoming investments or has been received from the sale of recent investments. They are very safe and highly liquid investments, but offer a lower interest rate than most other investments.

Related information about money market account:
  1. Money market account - Wikipedia, the free encyclopedia
    A money market account (MMA) or money market deposit account (MMDA) is a financial account that pays interest based on current interest rates in the money ...
     
  2. HowStuffWorks "How do money market accounts work?"
    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 ...
     
  3. Money Market Rates and Accounts | High Yield Current Today's ...
    CDs and Investments. Compare today's rates. 1-year CD, 6-month CD, 3-month CD, 5-year CD, 1-year jumbo CD, Money Market Account, Jumbo MMA ...
     
  4. Money Market Account Definition | Investopedia
    A savings account that offers the competitive rate of interest (real rate) in exchange for larger-than-normal deposits. Also known by the acronym "MMDA", which ...
     
  5. Money Market Account: Open a Growth Money Market Savings ...
    Open a Growth money market from Bank of America and get a money market account with tiered interest plus unlimited withdrawals, deposits and transfers.
     
  6. An Introduction to Money Market Accounts
    Jul 7, 2009 ... I see the term money market account all the time, but it's one of those ... “If you were to move it to our money market account, you'd earn 1.60%” ...
     
  7. Premium Money Market Account - PNC Bank
    The PNC Premium Money Market Account rewards higher balances with higher interest rates. View the benefits and see the difference.
     
  8. Money Market Account - Nationwide
    Get a money market account from Nationwide Bank. Find online money market accounts with attractive money market rates to help you save more. Open a bank ...