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2. What's a money market account? How an MMA works to ... - AOL

   www.aol.com/finance/what-is-a-money-market...

   A money market account is a type of interest-bearing account that combines the best of a high-yield savings account with the features of a checking account. MMAs offer rates of 4% APY or higher ...

3. Money market account vs. savings account: What’s the ... - AOL

   www.aol.com/finance/money-market-account-vs...

   The national average money market account interest rate is 0.46 as of July 22, 2024. However, like savings accounts, the best money market accounts currently pay upwards of 5 percent. If you have ...

4. The 20 Best Money Market Accounts of 2022 - AOL

   www.aol.com/finance/20-best-money-market...

   Axos Bank: High Yield Money Market. Why it stands out: The Axos Bank High Yield Money Market account has no monthly fees and a 0.25% annual percentage yield. Plus, the minimum balance to earn that ...

5. Money market account - Wikipedia

   en.wikipedia.org/wiki/Money_market_account

   A money market account (MMA) or money market deposit account (MMDA) is a deposit account that pays interest based on current interest rates in the money markets. The interest rates paid are generally higher than those of savings accounts and transaction accounts; however, some banks will require higher minimum balances in money market accounts to avoid monthly fees and to earn interest.

6. Pros and cons of a money market account - AOL

   www.aol.com/finance/pros-cons-money-market...

   A money market account is like a parking spot for cash, but with a few guardrails. ... The best money market rates are significantly higher than the average, with many over 4 percent and up to 5. ...

7. Money market - Wikipedia

   en.wikipedia.org/wiki/Money_market

   The money market is a component of the economy that provides short-term funds. The money market deals in short-term loans, generally for a period of a year or less. As short-term securities became a commodity, the money market became a component of the financial market for assets involved in short-term borrowing, lending, buying and selling with original maturities of one year or less.