0
How are money market savings accounts different from regular savings accounts?
Wiki User
∙ 12y ago
A money market savings account is a special kind of savings account. Money market account holders receive more money on their return. Money markets are secure.
Wiki User
∙ 12y ago
Add your answer:
Earn +20 pts
What is a money market account good for?
Money Market accounts are just like having a savings account, only they usually offer a higher interest rate than a normal savings account. Unlike regular savings accounts, Money Market accounts have limitation on how often you can make a withdrawal.
Where can money market savings accounts be found?
Money market savings accounts can be found on online investment sites. Money Market accounts are a type of investment with certain benefits over a savings account.
What are some types of money market accounts offered by Capital One?
Some different types of money market accounts offered by Capital One include Basic Savings Accounts, High-Yield Savings Accounts and Money Market Deposit Accounts. The best interest rates are available on the highest tier accounts.
What kinds of savings accounts are available to be opened at Capital Federal bank branches?
Capitol Federal Bank offers seven different options for savings accounts. These include Statement Savings, Money Market Select Accounts, CDs, Kid's Savings (Blue Bucks), Teen Savings Accounts (Blue Chips, Coverdell Education Savings Accounts, and the Better Savings savings account.
What kind of interest could I get on money market savings accounts now?
You can get below 0.1% of interest on money market savings accounts now. You can ge the rates at www.PersonalSavings.AmericanExpress.com or www.citibank.com/savings
How are money market savings accounts different from traditional ones?
Money market accounts are typically tied to a stock that can rise in price. Regular savings accounts are not.
What is a money market account good for?
Money Market accounts are just like having a savings account, only they usually offer a higher interest rate than a normal savings account. Unlike regular savings accounts, Money Market accounts have limitation on how often you can make a withdrawal.
How do money accounts differ from regular savings accounts?
The means of determining interest rate. Money market account interest rates are variable and track the money market. Savings account interest rates are usually fixed.
Where can money market savings accounts be found?
Money market savings accounts can be found on online investment sites. Money Market accounts are a type of investment with certain benefits over a savings account.
What are some types of money market accounts offered by Capital One?
Some different types of money market accounts offered by Capital One include Basic Savings Accounts, High-Yield Savings Accounts and Money Market Deposit Accounts. The best interest rates are available on the highest tier accounts.
What is a example of savings vehicles?
There are many different types of savings vehicles out there to fit many different needs. Some examples include Money Market Accounts, Vacation or Christmas Clubs, Savings Bonds, and 529 accounts.
What kinds of savings accounts are available to be opened at Capital Federal bank branches?
Capitol Federal Bank offers seven different options for savings accounts. These include Statement Savings, Money Market Select Accounts, CDs, Kid's Savings (Blue Bucks), Teen Savings Accounts (Blue Chips, Coverdell Education Savings Accounts, and the Better Savings savings account.
What types of bank accounts are presently available on the money market?
There are several types of bank accounts available on the money market, including savings accounts, checking accounts, money market accounts (MMA), and certificates of deposit (CDs). Savings accounts offer a higher interest rate than regular checking accounts and are typically used for long-term savings goals. MMAs offer a higher interest rate than traditional savings accounts but may require a higher minimum deposit. CDs are time deposits that lock in the invested funds for a set period with a fixed interest rate.
Brief description of different type of bank accounts?
money market, checking and savings are all accounts that are offered at most banks
What kind of interest could I get on money market savings accounts now?
You can get below 0.1% of interest on money market savings accounts now. You can ge the rates at www.PersonalSavings.AmericanExpress.com or www.citibank.com/savings
Does Wells Fargo of Texas offer business savings accounts?
Wells Fargo of Texas offers several types of business savings accounts. These include Business Market Rate Savings Accounts and Business High Yield Savings Accounts.
How is a money market savings account different than a regular savings account Can I make more money in it?
A simple savings account generally pays the owner a set amount of stated interest on his or her deposits based upon an particular annual rate. Money market savings accounts typically require higher balances and limit monthly transactions, but generally do pay a higher interest rate. Both kinds of accounts are guaranteed in the United States by the FDIC and NCUA.
