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  • Bank Games
    • Bank Game: Financial Football
    • Bank Game: Road Trip to Savings will Make or Break You
    • Jet-Ski Your Debt Away
  • Articles
    • We Are Rich
    • Time or Money
    • 7 Correct Money Principles
    • A Penny Saved Is A penny Earned
    • Slash Spending – Boost Your Money Market Account
    • Save Money on Household Utilities by Going Green
    • Saving Money and Sanity with Realistic Savings Goals
    • Money Resolutions: 3 Steps to Keep Them
    • How to Earn 13 Times the National Average Savings Rate FDIC Insured
    • 3 Easy Rules for Saving Without Budgeting
    • Budget According To Priorities Not Impulses
    • How Market Linked Certificates of Deposits Work
    • 15 Money Saving Tips That Will Beef Up Your Savings Account
    • Simple Steps to Getting a Savings Account
    • Savings Tips for Thriving in the Recession
    • 10 Simple Ways to Save Money Now
    • Real Money Saving Tips- From Real People
    • Just What Is a Savings Account?
    • What is a Rainy Day Savings Account?
    • Money Market Account vs. Savings Account Comparison
    • How to Find and Reduce Hidden Expenses
    • Is Your Bank Doomed to Fail? 5 Ways You Can Protect Your Savings Account
    • Traditional IRAs

The Basics To A Money Market Account

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A money market account can provide you with a great opportunity to save your money. Unlike a traditional savings account a money market account will come with a higher interest rate. Having a higher interest rate can give you a chance to build up your savings faster and it makes it much easier for you to justify using a money market over a standard savings account. What Is A Money Market Account? If you are not sure what a money market account is, allow us to explain! A money market account is … [Read more...]

Filed Under: Money Market Accounts  Tagged: interest rate, money market, money market account interest rates, money market account rates comparison, money market accounts best rates, money market savings account rates, saving money, savings account, the best money market account, traditional savings account, what is a money market account

The Benefits Of High Interest Money Market Accounts

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High interest money market accounts provide investors with a great opportunity to save money quickly. When you look at the measly interest rate provided with a standard savings account and compare it to the interest rate of a money market account, you will be able to see that you can easily earn 3 times more in interest money. Compare money market account interest rates in order to find the best bank out there that can provide you with a higher rate so you can earn more money. Online Money … [Read more...]

Filed Under: Money Market Accounts  Tagged: best bank, best interest, compare rates, high interest checking accounts, high interest money market accounts, highest interest money market accounts, interest rate, money market account, money market account interest rates, money market account rates, online money market accounts, rates on money market accounts, savings account

What You Need To Learn From Money Market Account Rates

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Money market account rates are controlled by the Federal Reserve, which means the rates are subject to change often. Using a money market interest rate calculator you can find out which banks are offering the best rates along with understanding which banks have lower fees on the account. Money market accounts give you a great opportunity to save your money as they are able to provide you with a higher interest rate than what you will get on a traditional savings account along with many other … [Read more...]

Filed Under: Money Market Accounts  Tagged: best rates, compare rates, interest rate, money market account, money market account interest rates, money market account rates, money market account rates comparison, money market accounts best rates, money market accounts rate, money market accounts rates, money market savings account rates, savings account

Easy Ways To Find The Best Online Money Market Account Rates

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Searching for online money market account rates? Use our simple money market rate comparison chart to help you see updated rates along with account fees and balance requirements. A money market account provides you with a great way to save and it offers a higher interest rate than a traditional savings account.Using Money Market AccountsThe best money market accounts will offer not only higher rates but come with flexibility and hopefully do not include additional fees attached to the account. … [Read more...]

Filed Under: Money Market Accounts, Money Market Rates  Tagged: best money market account interest rates, best online money market account rates, money market, money market account interest rates, money market account rates, money market rate comparison chart, money market rates, Online money market account rates, online money market rates, traditional savings account

Earning Money With A Money Market Account

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Are you back and forth on opening a money market account? There are a lot of people that are searching for higher interest rates on their savings accounts but they just do not know where to turn. A money market account is a great option to consider exploring as you can easily earn a higher interest rate from a traditional savings account offered by your local bank. Money Market Account Definition So what is the official definition for a money market account? It is an account where you will put … [Read more...]

Filed Under: Money Market Accounts  Tagged: account fees, best bank, best rates, business money market accounts, compare rates, high yield money market accounts, interest rate, money market account definition, money market account interest rates, money market account rates, money market accounts rates, savings accounts, traditional savings account, what are money market accounts, what is a money market account

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APY

APY or the annual percentage yield is the real rate of return of an investment over a period of a year taking into account the effect of compounding interest.

Compound Interest

Compound interest occurs when the interest earned on an account is credited back to the account and then interest is earned on the new total balance.

Depositor Insurance

All banks and credit unions listed or reviewed on this site are either FDIC insured or for credit unions NCUA insured. Currently FDIC and NCUA insurance provide insurance up to $250,000 per depositor per institution.

National Average Savings Rate Calculation

The national average calculations were obtained from the Weekly National Rates published by the FDIC.gov website.

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