Tuesday, 7 May 2024

Tag : money market account

16 Feb
10:28

How Important Is It to Have a Rainy Day Fund?

Sage Evans Be prepared for the unexpected with a rainy day fund. Life is unpredictable, which is why a rainy day fund is one of the most important components of a sound financial foundation. Even the most prepared, organized people can be caught off guard and put into a difficult […]

05 Feb
10:10

Emergency Fund Size: Pick a “Just Right” Amount to Save

Dori Zinn Saving for an emergency might seem like a luxury more than a requirement. Since 80% of Americans are living paycheck to paycheck, most — if not all — of your money goes to necessities. There isn’t room for any “extra.” But having an emergency fund — even a […]

14 Jan
5:38

Top 10 Jumbo Money Market Accounts

Brynne Conroy iStock What is a jumbo money market account? When you’re saving money, you want to make sure you’re stashing it in the right place. Ideally, that will be in an account with a high rate of return. While savings accounts tend to offer a higher return than checking […]

30 Nov
1:49

Average Bank Interest Rates

Chris Horymski There are many types of savings accounts and other interest-earning accounts offered by banks and credit unions today. Here are the current average bank interest rates for some of the more widely available products. The averages are based on annual percentage yields (APYs) collected from nearly 7,000 bank […]

08 Nov
9:31

MemoryBank Review: Checking and Money Market Accounts

Sarah Li Cain MemoryBank’s Most Popular Accounts APY Account Type Account Name Compare Rates from Similar Accounts 2.25% Savings MemoryBank Online Money Market Account 1.90% American Express National Bank High Yield Savings Account LEARN MORE Secured on American Express National Bank’s secure website Member FDIC MemoryBank’s checking account option magnifying glass […]

06 Nov
11:39

Money Market Account vs. Savings Account: What’s the Difference?

Carissa Chesanek iStock Money market and savings accounts can be good options when you want to deposit your money and keep it in a safe place. If you’re wondering which option is better for your savings, we’ll explain in this post. First, why save your cash in a savings or […]