Sentences with phrase «while money market accounts»

While money market accounts are treated as a separate category from high - yield savings accounts, the distinction between the two types has blurred following the decline in interest rates since 2008.

While money market accounts typically put more restrictions on accessing your money than savings accounts, money market accounts often offer rates that are comparable with short - term CDs — without the time requirements that come with CDs.

While money market accounts are often marketed as «better» savings accounts, with higher rates and the option to write checks, money market accounts come with significant caveats and limitations that make them a dubious choice for most consumers.

While money market accounts are similar to savings accounts, they used to earn higher interest rates and their restrictions then were more stringent than they appear to be today.

In general, high - yield savings accounts are best for shorter - term investors, while money market accounts are better for the long haul.

While money market accounts and savings accounts are similar and help you save money, they also have distinct differences.

While money market accounts typically have higher rates than a basic savings account, not all financial institutions can offer the highest rates.

While your money market account might allow you more flexible access to your money, you might find more of your money tied down by minimum balance requirements.

While a money market account combines benefits of savings and checking accounts, a money market account at most banks typically requires the account holder to maintain a higher balance for a higher interest rate and you are limited to the number of withdrawals you can make from your account each month.

While a money market account has limits on withdrawals, savings accounts generally have few restrictions.

CIT's online savings account offers in interest each year, while its money market account and certificates of deposit (CDs) offer rates of up to 1.75 %.

While a money market account is a highly liquid type of vehicle — you can access your funds at virtually any time — you shouldn't assume that it can take the place of a conventional checking account.

Not exact matches

While you can open a basic money market account at Regions Bank with $ 100, for example, you'll only earn 0.01 % APY.

He said money market accounts are good options for banking customers who want to keep their money safe while growing savings.

A money market account at your local bank can be a great way to protect your money while earning much higher interest rates based on how much you have to deposit.

This transfer would increase M1, which doesn't include money market funds, while keeping M2 stable, since M2 contains money market accounts.

The other 30 cents was invested in CDs to ensure capital preservation while the remaining 35 cents just sat in a money market account waiting to be deployed into real estate, my favorite asset class.

Then put that check in a money market account and earn interest on it while making the minimum monthly payment.

While they appear to be aware of the mainstream retirement vehicles like IRAs, more are using traditional savings accounts / money market accounts (47 %), than traditional IRAs (33 %), Roth IRAs (32 %), and SEP IRAs (13 %) to save for retirement.

Having a money market account allows your money to safely grow inside an account, while also offering more flexibility in your usage.

While the market value of TFSAs was $ 18 billion at the end of 2009, the year the investment product was introduced, money held in accounts had ballooned to $ 132 billion as of mid-2014.

You may have more ways to access your funds from a money market account (for example, through checks), while you may only have access to your savings account via an electronic transfer or ATM / debit card.

While bank certificates of deposit and bank money market accounts are viable alternatives in terms of yields, money market mutual funds can be part of an investment portfolio, which makes them much more accessible for investors seeking liquidity.

CDs are meant for investors willing to set aside some cash for a set period of time while bank money market accounts are typically more tied bill - paying than investing.

While online - only banks don't offer boosted relationship rates for opening more accounts, they do provide the same rate for any amount you deposit, making it much easier to earn a good rate on a low money market balance.

According to data from SNL, rates on most money market accounts have inched up by just two - hundredths of a point in the last 12 months, while rates on regular savings accounts haven't budged at all from an average of 0.13 %.

While a money market fund or deposit account will protect the nominal value of your cash, you are missing out on a chance to grow it with interest from bonds or capital appreciation from stocks.

I have been a customer of EverBank Money Market Account for a while now.

While checkable deposits include checking accounts, the term also encompasses money market accounts and even certain savings accounts that come with checks.

With a minimum daily balance of $ 1,000, a Daily Money Market allows you to earn a higher interest rate than a regular savings account while keeping your funds liquid.

With a minimum daily balance of $ 10,000, a Mega Money Market allows you to earn a higher interest rate than a regular savings account while keeping your funds liquid.

While a money market fund or deposit account will protect the nominal value of your cash, you are missing out on a chance to grow it with interest from bonds or capital appreciation from stocks.

While checking accounts generally earn lower rates of interest than other kinds of deposit accounts, some of them can be quite competitive with savings account and money market account rates which also giving you unlimited check writing ability and access to your deposited funds.

Earn higher rates of interest that are usually higher than Money Market accounts, while still enjoying liquidity with a minimum daily balance of $ 20,000.

(While he could have simply made the contributions to a money market fund, that would leave several thousand dollars languishing in the account for up to year, earning next to nothing.)

Additionally, while you can not allocate your deposits straight to a money market account, a number of funds do let you «cash out» of one investment into a money market account.

Money market accounts and money market funds are safe places to deposit your money, and both allow you to make some interest on your money, while at the same time giving you easy acMoney market accounts and money market funds are safe places to deposit your money, and both allow you to make some interest on your money, while at the same time giving you easy acmoney market funds are safe places to deposit your money, and both allow you to make some interest on your money, while at the same time giving you easy acmoney, and both allow you to make some interest on your money, while at the same time giving you easy acmoney, while at the same time giving you easy access.

Brokerage firms get the money they need by borrowing it in the market, while big banks like J.P. Morgan Chase get a big chunk of their funding from customers who deposit cash in bank accounts.

Earn interest on excess business balances while maintaining easy access to your funds with your People's United business savings account or money market account.

While online - only banks don't offer boosted relationship rates for opening more accounts, they do provide the same rate for any amount you deposit, making it much easier to earn a good rate on a low money market balance.

If you're not able to tie up large sums of money for long periods of time, a money market account can help you save while offering more liquidity.

Five Star Bank's CDARS ® (Certificate of Deposit Account Registry Service) and ICS ® (Insured Cash Sweep) products enable you to maintain FDIC Insurance on Deposits up to $ 50 million in a CD or a Money Market Account while earning competitive interest rates.

While EverBank provides many financial services from mortgage banking to investing, they're actually quite well known for their online banking and consumer products, from high yield checking and high interest savings accounts to money market accounts and CDs that are denominated in both U.S. and foreign currencies.

Earn rates of interest that are usually higher than Money Market accounts, while still enjoying liquidity.

Savings accounts, money market accounts and CDs are all good options for storing your money while earning some interest.

While money market savings and regular savings accounts allow for unlimited deposits and electronic fund transfers, Federal regulations limit the number of withdrawals you can make (up to six).

while pouring over your site, which my dear cousin the lawyer directed me to upon hearing that I was looking for some fresh ideas and guidance for investment, as I've amassed enough interest in my CD / money market accounts to warrant action.

Earn interest on your money while maintaining easy access to your funds with your People's United Bank savings account or money market account.

Earn higher rates of interest (that are usually higher than Money Market accounts) while still enjoying liquidity.

Similar to a traditional savings account, a money market account allows you to save money while earning interest on your balance, and is a great step toward achieving your financial goals, whether those goals include buying your first home or thinking ahead to college tuition for the kids.