Sentences with phrase «other than a money market account»

Also, you should consider the faster, cheaper and safer alternatives to writing checks offered by banking options other than a money market account.

Not exact matches

Federal regulation prohibits you from making more than a total of 6 transfers each month to other accounts from a savings or money market account (including transfers to another account for overdraft protection) or to third parties each month by check, through point - of - sale purchase transactions with a banking card, by preauthorized or automatic agreements, telephone, or online.
Federal regulations prohibit you from making more than a total of six transfers each month to other accounts from a savings or money market account (including transfers to another account for overdraft protection) or to third parties each month by check, through point - of - sales purchase transactions with a banking card, by preauthorized or automatic agreements, by telephone or online.
Although its maximum APY falls behind those of other online - only money market accounts, Ally's account earns more interest on lower balances, and comes with a debit card and checkbook, making it more accessible than most other money market accounts.
Similarly, checking accounts usually have fewer restrictions, such limiting the number of withdrawals per month, than other account types such as money market accounts, and therefore generally have a lower interest rate.
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.
The process of opening a EverBank Yield Pledge Money Market Account is quite simple, though it does have a couple of more steps than other banks.
How it works: SIS Bank is a member of the Promontory Interfinancial Network, allowing us to place funds into money market accounts and Checking (DDA) accounts at other member banks, in increments less than the FDIC insurance maximum, so that both principal and interest are eligible for FDIC protection.
On the other hand, interest rates for Certificates of Deposits (CDs) are typically higher than savings and money market accounts, but CDs require a fixed term.
That is why your textbook feels the need to add the qualifier «for practical purposes,» meaning that the risk of a money market account is so much lower than virtually any other asset class that it can reasonably be approximated as risk free.
If you compare money market accounts, you'll often find that they offer higher interest rates than other types of interest - bearing accounts.
There are many other banks out there offering higher rates on money market accounts than EverBank.
And note: If the Fed sticks with its rate - hike plan, yields on bank savings deposits, money market funds, U.S. Treasury bills and other short - term accounts could be 1.25 points higher by the end of 2019 than they are today.
Fifth Third Bank: Any Fifth Third checking account other than a Basic Checking or Express Banking account will double your money market account rate, but Fifth Third's rates may be lower if you live in certain areas.
Federal law requires that no more than six preauthorized or automatic transfers (including online and telephone transfers) to other accounts you have with us or to third parties may be made from the Money Market Account during any statement cycle.
«Gross Revenues» means the total monies received by Grantee from a utility company or other power purchaser (provided, however, that if electricity is sold to a subsidiary or affiliate of Grantee, then, and only then, the gross receipts from the sale of electricity under such contract shall be calculated using a sale of not less than the arithmetical average of the prices quoted by market sources of information, which information may be based upon the price paid by any purchaser or purchasers, including Grantee or any subsidiary or affiliate of Grantee, for electricity produced in the Iowa region of the Midwest Independent System Operator («MISO») from operation of wind turbines during the calendar year immediate!y preceding the year in which such electricity production from the Wind Energy Project occurs, taking into account the aggregate terms associated with such transaction) derived from the sale of electric energy and capacity produced and sold from the WTG's installed on the Premises, net of proportional energy losses associated with the power collection system or utility interconnection.
Savings accounts and money market accounts are a waste in my opinion for anything other than an emergency fund.
Cash, savings accounts, money market accounts and high - yield savings accounts are all liquid, accessible and extremely low - risk, but some options are better than others.
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