You Need a Money Market Account
Why you should open a money market account with Dollar Savings Direct
- To preserve the buying power of your money against inflation.
- To gain compounding interest.
- To save more money (it is too easy to withdraw money from a regular savings account.)
- To avoid letting your money sit idle in a savings account. Most savings accounts are only paying .5% interest.
- To take advantage of EmigrantDirect's high money market rate with no minimum account balance, and no fees,
- To have your money in a safe place, EmigrantDirect is FDIC insured up to $100,000 per account - there is NO RISK!
It is never to late to start saving, start now by opening a Dollar Savings Direct money market account, it only takes a few minutes to link your bank account(s) and you can start earning interest today. VirtualBank usually stays a little ahead of ING Direct when it comes to raising interest rates. Emigrant Direct has so far stayed quite a bit ahead of ING Direct.
To learn more about EmigrantDirect,their Dollar Savings Direct Account and to see a comparison chart of leading money markets, visit money market accounts comparison.