Money market accoun

money market accoun

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Money Market Accounts Explained
A money market fund is a low-risk investment that gives you a place to hold rather than grow your savings, while aiming to give you a slightly higher return. The national average interest rate for money market accounts is just %, according to the FDIC, but the top money market account rates often. Business Money Market Account is our tailored savings account for surplus funds over ?, with a wide range of flexible options available.
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Both money market accounts and money market mutual funds offer quick access to the depositor's cash. Start by choosing Open an account from the menu, then choose how you'll fund your account. Money market accounts were introduced to the public in the s. All averages are asset-weighted.