Money market accounts work like other deposit accounts, such as savings accounts. As customers deposit funds in a money market account, they earn interest on those funds.

A money market account is a type of deposit account that allows consumers to earn interest while having easy access to their money. Money market accounts are insured by the FDIC or NCUA, unlike ...

What's a money market account and how does it work? Money market accounts mix some of the best benefits of both saving and checking accounts. Updated Fri, Feb 21 2025.

A money market account (MMA) is similar to checking and savings accounts. Learn how MMAs offer more-competitive interest rates than savings accounts.

Here's what you need to know about how money market accounts work, their pros and cons, and what to consider before opening one. Introduction to money market accounts Definition and overview.

Money market accounts, not to be confused with money market funds, are federally insured. While they’re generally safe, it’s worth understanding how they work and what risks they may pose. How ...

In today's Wealth! tip of the day, Host Alexandra Canal takes a look at money market accounts. She explores its core purpose and potential benefits for investors — while examining how Federal ...

Money Market Account vs. Money Market Fund Money market accounts are not money market funds, and bank depositors need to be aware of that. Here's how they differ.

Money market accounts often offer check-writing privileges and/or a debit card for easier access to your money. How Does an MMA Work? While MMAs are very similar to savings accounts , there are a ...

For example, a money market account may come with a debit card and checks, making it easier to access your money compared to a traditional savings account. Read more: The differences between money ...