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what is a mma savings account

What Is A Money Market Account And How Does It Work?



A money market account is a savings vehicle that offers both interest-earning and safety. Learn if a money market account is right for you.

Money Market Account: How It Works and How It Differs … – Investopedia



What Is a Money Market Account (MMA)? A money market account (MMA) is a type of bank account that earns interest and combines features of savings and checking accounts. Available at credit unions …

What is a money market account? – Capital One



A money market account (MMA) is a type of account that generally earns a higher rate than traditional savings accounts, learn more here about how MMAs work.

Money Market Account vs. Savings Account: Which Should You Choose?



Since an MMA is a type of savings account, the choice isn't so much between two very different kinds of accounts. It's more of a question of what type of savings account is best for you.

What Is a Money Market Account? Pros, Cons, Alternatives



How does a MMA work? While a money market account earns interest on the balance at a higher rate than traditional savings accounts, it functions a bit differently.

What Is A Money Market Account? – CNBC



And while the average money market account earns more money in interest than the average savings account, certain high-yield savings accounts surpass even the most generous MMAs.

Money Market Account (MMA) – Overview, How It Works



What is a Money Market Account (MMA)? A money market account (MMA) is a type of savings account that features the traits of a checking account – namely, it comes with checks and/or a debit card and the ability to complete a few transactions monthly without incurring bank fees.

Money Market Account: What Is It and Its Benefits Explained



A money market account (MMA) is a type of deposit account offered by banks and credit unions that typically combines features of both savings and checking accounts. Like a checking account, MMAs allow you to withdraw funds through check-writing or ATMs, but there are typically federal limits to how many times you withdraw from the account.

Money Market Account Definition and Examples



A Money Market Account (MMA) is a type of interest-bearing deposit account offered by banks and credit unions that combines features of both checking and savings accounts. Money market accounts typically offer higher interest rates than traditional savings accounts while providing limited check-writing privileges and debit card access.

What is a Money Market Account? – UCCU



Understanding Money Market Accounts A Money Market Account (MMA) is a type of savings account offered by banks and credit unions. It's a popular choice for individuals looking for a safe and flexible way to grow their savings. MMAs typically offer higher interest rates than traditional savings accounts.

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