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What is the meaning of online money market account?
An online money market account is basically putting your bank account online that is invested specifically for market. It would typically have higher interest rates for your savings that a typical bank account would.
Is the money market a good investment for small businesses?
Yes, a business can invest in money market account to earn interest on savings. Several online and brick-and-mortar banks offer business money market accounts that earn upward of 3% APY, depending on your balance. Money market investing can be very advantageous, especially if you need a short-term, relatively safe place to park cash.
How do I set up a money market account?
There are several ways you can set up a money market account. It will depend on which company you go with but it is very easy. We set up our money market online and within ten minutes it was done.
What company offers a Business Money Market account?
Many companies offer business money market savings accounts. Two examples are Chase Bank and Bank of America. Bank of America offers money market savings accounts both for personal or business use.
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.
Is the yield for a Chase money market savings account high?
The yield for the Chase money market savings account is in line with the National average.You will find the highest rates with online accounts like www.DiscoverBank.com
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 online money market accounts?
A money market account is similar to a savings account. However, it typically requires a higher balance and offers a higher interest rate. Some accounts also allow check writing from the account, so it is considered a liquid asset.
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 I go online to learn more about corporate money market account rates?
There are several websites that offers information on corporate money market accounts. One of these websites is www.money-rates.com.
What does Capital One Savings provide?
Online savings account which has a great savings rate and free online transfers to and from accounts. You get rewarded for saving your money too; not just for spending. The money market rewards accounts gives you points for travel, cash, etc. High yield money market account - decent rate for online transfers, checks and ATM cards also.
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
