answersLogoWhite

0

What age must you be to open a money market account?

Updated: 9/17/2019
User Avatar

Wiki User

10y ago

Want this question answered?

Be notified when an answer is posted

Add your answer:

Earn +20 pts
Q: What age must you be to open a money market account?
Write your answer...
Submit
Still have questions?
magnify glass
imp
Related questions

How do I open a money market account over the Internet?

You can open a money market account over the Internet at https://www.zionsbank.com/isavings_info.jsp - . Another good place to opne an account is www.bankofinternet.com/money-market-savings.aspx


What are the advantages and disadvantages of a money market account?

A money market account is like a savings account. The disadvantage is that there will not be much interest or return. The advantage is , subject to the restrictions stated when you open the account, you can quickly get all your money out.


What is the process for obtaining a money market account?

You can open a money market account at most any bank. The process is about the same as opening a regular account. Read more at http://www.ehow.com/how_2815_open-money-market.html


How could one open a money market deposit account with Capital One?

One can open a money market account with Capital One by visiting the Capital One website. On the website one should follow the "Opening an Account" link.


How do I open money market account with a bank?

You can open a money market account with a bank with the minimum deposit and filling out the appropriate forms. These forms include your social security number, drivers license, and home address to ensure you are not committing fraud.


What is the going interest rate for a corporate money market account today?

The going interest rate for a corporate money market account varies from .25% to .70% depending on the exact account you open and the amount of money in that account. Most Money Market Accounts pay at less than 3% currently. For going rates check bankrate.com


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 It can be withdrawn using checks, or electronic cards.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.


What is the average minimum deposit for money markets?

A minimum deposit is required to open a money market account; $1,000 is typical.


How much does it cost to open a savings account with INTRUST bank?

There is no cost to open a savings account at INTRUST; there are minimum that are needed to open one. For Money Market the minimum is $5,000.00, for a regular savings account, $100.00 and for the Youth Savings Program, $10.00


If one can withdraw hisher moneywhat is that persons account condition it become active or it becomes close?

In order to withdraw money, the account must be an open account.


Where can one open a business money market account?

Many banks can assist one in opening a business money market account. Bankwest, TD Bank and Intercredit Bank are all fine choices or one can check with their local banks to see what is available.


Does Wachovia offer Money Market Savings Accounts?

Wachovia does offer a MMA Savings Account. You can open this up at any branch.