A money market account can provide you with a great opportunity to save your money. Unlike a traditional savings account a money market account will come with a higher interest rate. Having a higher interest rate can give you a chance to build up your savings faster and it makes it much easier for you to justify using a money market over a standard savings account. What Is A Money Market Account? If you are not sure what a money market account is, allow us to explain! A money market account is … [Read more...]
What You Need To Learn From Money Market Account Rates
Money market account rates are controlled by the Federal Reserve, which means the rates are subject to change often. Using a money market interest rate calculator you can find out which banks are offering the best rates along with understanding which banks have lower fees on the account. Money market accounts give you a great opportunity to save your money as they are able to provide you with a higher interest rate than what you will get on a traditional savings account along with many other … [Read more...]
