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Does every bank offer money market savings accounts to its customers?
Wiki User
∙ 12y ago
Many banks do offer money market savings accounts but not all of them. It is best to check with your current bank about a money market savings account or if your in the market for a bank be sure to ask about this type of account before making your final decision.
Wiki User
∙ 12y ago
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What is the purpose of compass bank?
Compass Bank serves the same purpose as any other bank. They offer loans, savings accounts, checking accounts, and every other service traditional banks offer to customers.
How is Saga Savings different from other savings accounts?
The saga saving is different from the saving accounts because the saving accounts has no 1% increase every year. It is also one of the most popular accounts because it doesn't have any restrictions at all.
What are some top rated savings accounts?
GE Capital is a top recommended banking institution which provides savings account options. They have a 0.90% APY rate on every savings account, along with no transactions fees.
What are some different interest rates on savings accounts?
Interest rates on savings accounts fluctuate by a small amount every day and vary based on the bank the account is held with, but a good average rate is around 2-3 percent each year.
What is the interest rate on savings accounts 2010?
In India the savings account interest rate is 3.5% calculated on the balance at the end of every day. Though 3.5% does not seem to be very high, it is significantly higher than most countries because based on my experience the interest offered on savings accounts in developed nations is less than 1%.
What is the purpose of compass bank?
Compass Bank serves the same purpose as any other bank. They offer loans, savings accounts, checking accounts, and every other service traditional banks offer to customers.
How is Saga Savings different from other savings accounts?
The saga saving is different from the saving accounts because the saving accounts has no 1% increase every year. It is also one of the most popular accounts because it doesn't have any restrictions at all.
How are savings accounts good?
because what ever you save or what every you did on it that's impotent that it will be there when you exit the thing
How do money market accounts differ from regular savings accounts?
A money market account is very similar in nature to a savings account with the most significant difference being that you often have the ability to write checks from it. Most broker/dealers and mutual fund companies offer money market accounts in some form.For small balances, a savings account is often more beneficial as some money market accounts can charge substantial fees unless a minimum balance is maintained. Some banks also impose restrictions on the number of withdrawals that are allowed.Money market funds are stable funds, where if you deposit $1 you will get $1 back - this is known as the "Net Asset Value" (NAV) of the fund.Be sure before you invest in any money market fund whether it is with your local bank or a broker/dealer or mutual fund that you thoroughly investigate fees, earnings, and whether or not the funds are insured.
What are some top rated savings accounts?
GE Capital is a top recommended banking institution which provides savings account options. They have a 0.90% APY rate on every savings account, along with no transactions fees.
What are some different interest rates on savings accounts?
Interest rates on savings accounts fluctuate by a small amount every day and vary based on the bank the account is held with, but a good average rate is around 2-3 percent each year.
What is the difference between savings and current account?
The differences are:Savings account earn higher interest than current accountsThere are limits on number of transactions per year in a savings account but there are no such limits for current accountsCurrent accounts are used by businesses and companies while savings accounts are used by normal customers
What is the interest rate on savings accounts 2010?
In India the savings account interest rate is 3.5% calculated on the balance at the end of every day. Though 3.5% does not seem to be very high, it is significantly higher than most countries because based on my experience the interest offered on savings accounts in developed nations is less than 1%.
Identify one reason why Medical Savings Accounts might not help every working American?
A medical savings account may not help every working American because you have to pay for everything upfront. If you do not have a lot of money in your account, it will be hard for you to pay for your services.
What exactly does egg savings consist of?
Egg savings accounts are available overseas. They consist of a standard savings account. The interest from this account is only paid every twelve months. If you are requesting money from your account you will need to do so 3 to 4 business days prior to needing it.
Does Verizon wireless give any coupons to their long time customers?
Almost every company will provide a discount for loyal customers in order to keep them. A simple phone call to the company will probably net you big savings.
How do people save money?
Some people write themselves a check every two weeks/paycheck/month - they literally "pay themselves" to encourage and reinforce savings. Other people find it easier to never see the money and set up automatic transfers between their checking and savings accounts so that a certain amount is automatically moved into savings every month.
