Savings

Average Money Market Rates, Returns, and Other Important Factors With Online Banks

When people are thinking about putting money into the bank, they consider average money market rates and returns. MMAs are ideal for those who want to earn a higher interest rate than a regular savings account. Also, MMAs differ from CD accounts is because they often offer more flexibility regarding check writing and withdrawal privileges. […]

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Savings

Average Money Market Return Information: Understanding This Safe Investment, the Average APY%, and Why Online Banks are Ideal

One of the safest investments for most people who don’t have much money to take risks is a money market account. As long as the FDIC backs the bank, it should protect your money. To accumulate interest, you need to make sure the bank guarantees a rate that matches or exceeds the average money market […]

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