Sentences with phrase «than money market accounts»

However, there are some savings accounts which yield comparable and sometimes higher rates than money market accounts.

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.

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

Stocks generally offer higher returns than money market accounts.

Frankly, if you will need the money in one year I wouldn't touch anything riskier than a money market account.

If you opt for an online bank or credit union, you're liable to find savings accounts that offer better rates and features than money market accounts.

It's fairly simple to find options that not only pay better interest rates than money market accounts, but offer more flexible access to your money through debit cards and electronic transfers.

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

But under certain conditions, they may be riskier than money market accounts.

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

Even with betterments.9 % fee I'm obviously still seeing my investment money grow a lot faster than the money market account I use for my emergency fund with its.75 % apr..

The difference is that a money market fund is firstly a mutual fund that invests your savings in different short - term debt assets than a money market account would.

The confusion stems from the twisted notion that it is because stocks are risker than money market accounts that stocks provide higher returns.

Some high - yield accounts may also offer higher interest rates than money market accounts, although depositing a higher opening balance in both cases will up your rate.

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

A Certificate of Deposit pays a higher rate of interest than a Money Market account, but you can not access your money for a set period of time — typically 12 to 24 months — without paying a penalty.

It's fairly simple to find options that not only pay better interest rates than money market accounts, but offer more flexible access to your money through debit cards and electronic transfers.

This allows for smaller denominations because the bank knows that the capital will remain in place until a specified date; for this reason, CDs tend to pay slightly higher rates than money market accounts.

This limited accessibility, or illiquidity, is the chief reason CDs have higher interest rates than money market accounts.