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. The interest rates paid are generally higher than those of savings accounts and transaction accounts; however, some banks wi...
We analyzed more than 100 data points to find the best money market accounts available today. See our top picks based on interest rates, fees, and more.
How to choose a money market account while avoiding the most common mistakes investors often make. Browse Investopedia’s expert-written library to learn more.
For the type of bank deposit account, see Money market account. A money market fund (also called a money market mutual fund) is an open-end mutual fund that invests in short-term debt...
Find out which savings vehicle is a better investment for your needs and financial situation—a money market account (MMA) or a certificate of deposit (CD).
What is a money market account — is it a savings or a checking account? Surprisingly, it's a little of both. But money markets also have their own unique features that set them apart. Here's what y...
Today's top money market APYs from nationwide banks are 5.35% from Brilliant Bank, 5.25% from MYSB Direct, and 5.21% from Republic Bank of Chicago. All are FDIC-insured.
Money market accounts combine the benefits of both savings and checking 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.
Wondering if a money market account or savings account is better for you? We've done the research to provide you with all the details about the differences between a money market account and a savi...