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Many money market accounts have a minimum dollar amount to achieve a minimum rate of return. The maximum rate of return will differ from site to site but should be clearly explained in the application process. Read the application carefully.

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10y ago

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Where can I read about money market checking?

Money Market checking is basically the same as a money market account which sets a certain amount of money you need in your account to get a certain amount interest. You can ask any bank about this function.


What is mma checking?

Money market accounts (MMAs) are a form of savings account that resemble checking accounts in several ways.


What are the differences between a money market account and a checking account?

Money market accounts and checking accounts share a lot of similarities. One difference between the two includes a limit on transactions on the money market account. One may need to keep more than $10,000 in a money market account to avoid penalties, whereas a checking account can be run down to a zero balance usually without penalties occurring.


Are Morgan Stanley money market checking accounts FDIC insured?

Yes


All of the money in checking savings and money market accounts is insured by the federal government for up to what amount?

$250,000


All of money in checking savings and money market accounts is insured by federal government for up to what amount?

$250,000 A+


All the money in checking savings and money market accounts is insured by the federal government for up to what amount?

$250,000


Is All of the money in checking savings and money market accounts is insured by the federal government for up to what amount?

$250,000


What are the benefits of a high yield money market checking account compared to traditional checking accounts?

A high yield money market checking account typically offers higher interest rates compared to traditional checking accounts, allowing you to earn more money on your balance. Additionally, these accounts often have fewer fees and may provide additional perks such as ATM fee reimbursements or free checks.


What is the definition of money market checking?

Money Market Checking accounts can be opened by an individual with a certain amount of deposit. The funds is invested by the bank and cannot be withdrawn for a period of time, the intrest can be withdrawn. Going below the initial deposit is also subjected to a fee.


What is the difference between a money market account and a checking account?

When money is held in a checking account the money is liquid. It is always accessible. It can be withdrawn using checks, or electronic cards. A money market account however, is much like a certificate of deposit. It requires a larger amount of money in order to open the account and has a much higher interest rate.


Is investing in gold better done in a bear market or a bull market?

Gold investing is better done in a bear market. When there is a bull market you want your money in the stock market.