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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

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15y ago

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Why does the stock market keep going down?

The stock market can go down due to various factors such as economic uncertainty, geopolitical events, changes in interest rates, corporate earnings reports, and investor sentiment. These factors can lead to selling pressure, causing stock prices to decline.


Calculation of interests on various deposits in bank with examples?

Lets say you are going to deposit $1000 in your bank for one year. a. Savings account - 1% rate of interest - Interest earned = $10 b. Certificate of Deposit - 4% rate of interest - Interest earned = $40 checking account has little or 0% interest so I havent used it here.


Would the NYSE be a good place to sign up for a forex capital market account?

"If you would like to sign up for a Forex capital market account, I would suggest going directly to the Forex company, possibly by use of their website. Forex trading can help you trade on the NYSE, but you cannot sign up for an account at a stock exchange building."


How do you transfer mod balance to available balance?

It is not money on deposit. It is "Multi Option Deposit" which means: you can decide upon the money going to Fixed Deposit for the minimum amount you set for your account. For instance: You have 50000 in your account. In normal scenario, you will be getting interest on the above amount as per saving bank interest rate. But in case you have MOD account, you can decide that what ever amount is surplus of 10000, it goes into MOD balance and for those amount, you get a interest rate as you get incase of Fixed deposit.


Putting Your Money In The Bank?

Interest savings are what you get when you put your money in the bank. These are generally rather small. It all depends on the bank, but they will pay you somewhere around two percent on your money. This means that you will only get two dollars if you have one hundred dollars in your savings account. You can make much more if you put your money in the stock market or even put it in low-risk mutual funds. These will pay you very different amounts depending on how the market does, and there is the risk that you will lose everything, but they normally give you more of a gain than if you depend on interest savings alone. The benefit of interest savings is that you are not going to lose all of your money. The bank is not going to collapse -- at least, the odds are very, very high that it will not. While this was the problem in the Great Depression, it has not happened since. Steps have been taken to make sure that it does not happen again. So you can put your money in the bank without the fear that it will suddenly be gone. If you have a lot of money, you can make a fair bit in interest. Two percent of one hundred dollars is not very much, but two percent of one hundred thousand dollars is substantially more. If you value safety and security, this is the way to go. You will only get interest savings if you have a savings account. They are not given out for a checking account. The best thing to do is to have two separate accounts, one for checking and one for savings. This way, you can still use the money from the checking account to pay for your expenses. You can leave the money in the savings account to accumulate interest and make you a bit extra. If you are going to be saving up for years on end, this is not a bad way to go. You should remember, however, that some savings accounts have a minimum amount that you have to have in them at all times to avoid a fee.

Related Questions

How does one apply for an Expedia Corporate account?

A person can apply for an Expedia Corporate account by going to the official website, Expedia, and making an account. A person can make the account for free. Only a username and a password are required.


What should I know before I put my money into a money market savings account?

You are going to want to check around for the best interest rates on the money market accounts. You always want to invest your money into the best one that is going to make you the most amount of money.


Why does the stock market keep going down?

The stock market can go down due to various factors such as economic uncertainty, geopolitical events, changes in interest rates, corporate earnings reports, and investor sentiment. These factors can lead to selling pressure, causing stock prices to decline.


When is the best economic time to invest in the bond market?

When interest rates are high and going to come down.


Where can I find a guide about the corporate bond market?

The best advice about corporate bond markets is going to come from a personal financial adviser. Good financial advisers can be found at any H&R Block locations.


Calculation of interests on various deposits in bank with examples?

Lets say you are going to deposit $1000 in your bank for one year. a. Savings account - 1% rate of interest - Interest earned = $10 b. Certificate of Deposit - 4% rate of interest - Interest earned = $40 checking account has little or 0% interest so I havent used it here.


How do i reopen answers account so i can add my areas of interest so i can answer questions?

One can do that by going to the reopen tab and clicking on it.


How do you trade in nifty futures?

First of all, you need to have a futures trading account with your local futures broker. After that is in place, it is a simple matter of going long on the nifty futures when you think the market is going to go up and going short when you think the market is going to go down.


JP is going to invest some money into a savings account He knows that the more that he invests the larger the amount of interest he will earn?

The amount of interest J.P. will earn is a function of the amount he invests.


How do you download apps to the Samsung Galaxy mini?

sign into your google account by going on gmail then go on market or samsung apps


Why does the market keep going down?

The market keeps going down due to various factors such as economic uncertainty, geopolitical tensions, changes in interest rates, and investor sentiment. These factors can lead to selling pressure and a decrease in stock prices.


What is a good money market interest rate?

Good money interest rates are going to vary from bank to bank. I have found that the best places to start is your local banking institution, or credit union.