Money market accounts vs savings accounts

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Money market account vs savings | MoneyRates.com

Money market accounts and traditional savings accounts are not vastly different, but there is more than one difference between money market and savings instruments. While both usually offer excellent security and good liquidity, certain money market vs. savings account features may offer a better fit than another for your saving goals.

https://www.money-rates.com/basicguides/moneymarket/mma-vs-savings.htm 

Money Market Accounts vs. Savings Accounts | Ally

Money market and savings accounts are both easy to open. At most banks, all you need is some personal information and an initial deposit, and many don’t require a minimum deposit amount. Online banks offer you the added convenience of opening a savings account or a money market account on your own time, from anywhere you have internet access ...

https://www.ally.com/do-it-right/banking/money-market-account-vs-savings-account/ 

Money Market Accounts vs. Savings Accounts - SmartAsset

Money Market Account vs. Savings Account. So which is better? Money market accounts seem to offer the best mix of features with typically higher interest rates and more flexibility. While you may want to replace having both a checking account and a savings account in favor of having a single money market account, you may find some issues there ...

https://smartasset.com/checking-account/money-market-vs-savings-account 

Money Market vs. Savings Accounts vs. CDs - Experian

Money Market Accounts. This is a deposit account offered by a bank, and it's similar to a savings account. As the name suggests, the major difference is that the funds are invested in many types of instruments in the financial markets and the interest rate is higher.

https://www.experian.com/blogs/ask-experian/whats-the-difference-between-money-market-accounts-cds-and-savings-accounts/ 

What Is the Difference Between Money Market Accounts and ...

Money market accounts earn interest like a savings account, although often at much higher rates than a savings account. This will depend on what a specific bank can offer, though. This will depend ...

https://finance.yahoo.com/news/difference-between-money-market-accounts-110026535.html 

Savings Account vs. Money Market Account: Which Is Better?

Learn the differences between a savings account and a money market account (MMA). Find out which one you should choose to grow your savings depending on fees, features, minimum opening deposits ...

https://www.mybanktracker.com/savings/faq/savings-account-vs-money-market-account-274970 

5 Money Market Account Misconceptions - Investopedia

Money market accounts are like regular savings accounts with distinct features that set them apart. Investors must hold a minimum balance for a specified period of time and are limited to the ...

https://www.investopedia.com/articles/personal-finance/111516/5-mistakes-youre-making-money-market-accounts.asp 

Money Market vs. Savings Account - Investopedia

Savings and money market accounts are remarkably similar—both are deposit accounts that pay interest. A savings account is a good place for people to put their cash for a short period of time ...

https://www.investopedia.com/ask/answers/012615/why-would-you-keep-funds-money-market-account-and-not-savings-account.asp 

How Safe Are Money Market Accounts? - Investopedia

Money market accounts are generally a safe investment. They are insured up to $250,000 per depositor by the FDIC. Banks use money from MMAs to invest in stable, short-term securities that come ...

https://www.investopedia.com/ask/answers/053016/how-safe-are-money-market-accounts.asp 

Which money market is best for you - make your cash count ...

You work hard for your cash. Now make your cash work for you by investing with Vanguard in a lower-risk, easily accessible money market fund. 100% of Vanguard money market funds performed better than their peer-group averages over the past 10 years. 1 And the average expense ratio on Vanguard’s money market funds is 50% less than the industry average. 2

https://investor.vanguard.com/mutual-funds/money-markets-vs-savings-account-rates