Sentences with phrase «while bank money market accounts»

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.

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.

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 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.

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.

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.

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.

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

While Ally Bank's money market account has some useful features, you can easily find higher rates at other banks.

Most US banks offer vanishingly small interest rates on their money market savings accounts, while many others offer rates around 1.0 %.

These low - risk mutual funds are considered as safe as bank deposits while providing a higher yield over both savings and money market accounts.

While a few banks award higher APY for money market accounts that have at least $ 10,000, many people look for lower balance requirements, and Discover's APY for $ 2,500 compares very well to other options.

Offer a friend or family member the opportunity to lend you money at 7 % while the bank will only give them 2 % in a CD or money market account.

With a CIT Bank high - yield Money Market account you'll build your savings faster while maintaining convenient access to your funds.

Online banks and some credit unions are responding to Fed rate hikes by aggressively raising deposit rates on CDs, savings accounts and money market products, while the nation's biggest banks are largely standing pat — for now.

A separate Virginia plan lets savers put money into FDIC - insured accounts at BB&T (NYSE: BBT) or Union First Market Bank, while the Ohio plan offers CDs from Fifth Third (Nasdaq: FITB).

While money market fund managers say they are not seeing a sizable wave of redemptions yet, they are setting aside more cash, leaving it at custodial bank accounts in case investors demand their money back.