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What types of bank accounts are presently available on the money market?
Wiki User
∙ 10y ago
There are only two different types of money market bank accounts available. This includes deposit accounts (MMDA) and mutual funds (MMMF). These are offered by most major banks.
Wiki User
∙ 10y ago
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.
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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.
Where can I go online to find money market accounts from my local bank in Seattle?
Bankrate.com offers information on monkey market accounts online. You can also show these by locations and show bank rates for Seattle. Your local banks website should have a list of the available money market accounts and the corresponding interest rates on those accounts.
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.
Where can one find information regarding money market deposit accounts?
There is some useful information available regarding money market deposit accounts on the 'Nolo' website. One may also visit the Investopedia website for further information.
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.
Total money presently invested in tax deferred retirement accounts in the US?
10 trillion
How are money market savings accounts different from regular savings accounts?
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.
Where can one create high yield money market accounts?
One can create high yield money market accounts from websites like WellsFarGo, SallieMae, Ally, Suzeorman, Bank Rate and Nationwide. These are the leading providers of high yield money market accounts.
What is mma checking?
Money market accounts (MMAs) are a form of savings account that resemble checking accounts in several ways.
Where can I learn about money market accounts?
You can learn about money market accounts on different websites such as being specifin "Kern Schools" or " Bank f America". It is best to be specific when searching for money markets.
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.
For which type of bank savings account are you investing money for a certain period of time?
These accounts are known as Money Market Accounts.
