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Money market accounts (MMAs) Money market funds (MMFs) Provider. Banks and credit unions. Investment firms and brokers. Insurance. FDIC or NCUA up to $250,000. SIPC up to $500,000. Minimum deposit.
Chase Business Total Savings account: Best for branch access. First Internet Bank of Indiana Money Market Savings account: Best for large balances. NBKC Bank Business Money Market Account: Best ...
A money market account (MMA) or money market deposit account (MMDA) is a deposit account that pays interest based on current interest rates in the money markets. [1] The interest rates paid are generally higher than those of savings accounts and transaction accounts; however, some banks will require higher minimum balances in money market accounts to avoid monthly fees and to earn interest.
Money market account. Also called a money market savings account , the rate on an MMA can beat those of traditional savings accounts, with the same access to your money. High-yield checking account.
If you deposited that $20,000 into a basic Chase Savings account offering 0.01% APY, ... High-yield money market accounts. High-yield money market accounts work much like HYSAs, ...
Money market accounts have gained popularity over the past few years as interest rates have risen across all deposit accounts. The most competitive rates surpass a 4 percent annual percentage ...
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