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Some of the fifty highest money market rates and high interest savings accounts can be found at many banks. For instance, PNC offers high interest saving accounts.

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12y ago

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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


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 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.


Who Has Best Interest For Business Savings Accounts?

An excellent comparison site for business savings accounts is DepositAccounts.com. The website also provides evaluations of economic checking and cash market accounts.


What is the trade off to putting money in savings accounts compared to a money market accounts or a certificate of deposits?

The trade-off between savings accounts and money market accounts or certificates of deposit (CDs) primarily revolves around interest rates and liquidity. Savings accounts typically offer lower interest rates and provide easy access to funds, making them ideal for emergency savings or short-term needs. In contrast, money market accounts may offer slightly higher interest rates with limited check-writing capabilities, while CDs generally offer the highest rates but require funds to be locked away for a specified term, sacrificing liquidity. Thus, the choice depends on your financial goals and need for accessibility versus maximizing interest earnings.

Related Questions

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


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.


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.


Which bank or savings & loan has the highest APY on Savings or Money Market Accounts?

Everbank has the highest at 3.01%. The phone number is (888) 882-3837.


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.


Can money market accounts be used for savings?

Yes, money Market Accounts have often been used for savings. In recent years, they have been paying virtually no interest, so other forms of savings may be more advantageous.


Who Has Best Interest For Business Savings Accounts?

An excellent comparison site for business savings accounts is DepositAccounts.com. The website also provides evaluations of economic checking and cash market accounts.


What is the interest rate at texas capital bank?

Interest rates at Texas Capital Bank are different for different accounts. For all checking, savings, Commercial Money Market, and Money Market accounts under $25,000 it is .05%. For money market accounts with balances over $25,000, the interest rates are .10% and .15%.


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.


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.


Does U.S. Bank offer any high yield savings accounts?

U.S. Bank does not currently have any high interest savings account. The highest paying account the bank currently has is 0.85% in a money market savings account. The highest yield available at US Bank (for a savings account) is the Package Money Market Savings account with yields up to 0.85%. This account must be opened with a US Bank Silver, Gold or Platinum checking account.


Does Midfirst Bank offer interest bearing accounts and what are their rates?

"Yes, Midfirst Bank offers several business and personal savings accounts at varying rates. The Titanium Money Market Savings account, for example, has an interest rate of up to 0.0548%."