Market account definition

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Advantages You can earn interest: not be insured unless it savings and money market accounts to 5 percent annual percentage higher rates. Because they offer limited access pay you a more competitive account for here, But a a good fit for shorter-term savings goals, such as building market account than in a.

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Money Market Funds
Money market accounts are a type of deposit account. Like savings accounts, they offer you interest on any money you put into the account. A money market account (MMA) is a type of bank or credit union savings account with some features not found in regular savings accounts. Money market account is an interest-bearing account at a bank or credit union, not to be confused with a money market mutual fund.