A great way to grow your money is by investing it into the Ally money market account. Ally Bank has continued to provide customers with high interest rates on savings accounts and remain at the top of online comparison charts for their higher interest rates and excellent account features. When you open a money market account with Ally Bank, here are a few of the features you can expect to see: No minimum deposit requirement No fees to maintain the account Daily compounded interest FDIC … [Read more...]
How Does a Money Market Account Work?
Anyone hoping to save a lot of money and gain a lot of interest needs to consider opening a money market account. Money market accounts are similar to savings accounts but the interest rate is much higher and there are other stipulations as well including the following:· Higher minimum balance requirements (typically $1,000 deposit is required to open the account).3 to 6 withdrawals per monthATM withdrawls are unlimited3 checks can be written per monthSome banks will offer debit card … [Read more...]
Sallie Mae Money Market Account
One of the top performing money market accounts is offered by Sallie Mae. The [mma bank='Sallie' alt='Sallie Mae money market account'] Sallie Mae money market account [/mma] is currently providing [mma bank='Sallie' alt='1.15% APY']~APY~% APY[/mma] without a minimum deposit requirement. The Sallie Mae money market account rates are among the highest nationwide and it continues to be one of the most popular money market accounts among investors. How does the [mma bank='Sallie' alt='Sallie Mae … [Read more...]
