Understanding the money market account pros and cons can help you make a smarter, more confident investment decision. We'll ...

Money market accounts combine features of savings and checking accounts, offering competitive interest rates with greater ...

The best money market accounts tend to have higher interest rates than regular savings accounts because the bank invests your money in low-risk, short-term assets. Up to six withdrawals per month.

Money market accounts often have high minimum balance requirements. Developing a strong financial plan is important. But knowing where to put your money can be challenging, especially when you don ...

but they can offer additional features that most savings accounts don’t have. A money market account can be an important tool for growing the wealth of customers who want easy access to their ...

Money market accounts currently offer interest rates that outpace inflation, which is holding at 2.8% — though that could rise if tariffs start to have an impact. To stay ahead, look for a ...

John is a freelance writer for Newsweek’s personal finance team. He has contributed personal finance articles to outlets such as Forbes Advisor, Investopedia, Bankrate, USA Today Blueprint ...

Thank you for submitting your question ... If you have $5,000 set aside to deposit into an MMA, an account that requires a $10,000 opening deposit is of no use. Often, money market accounts ...

However, money market accounts tend to have higher interest rates and require larger minimum balances than savings accounts. Additionally, some MMAs let you write checks and often come with a ...

Money market accounts and savings accounts have many overlapping features, but MMAs offer more accessibility. The catch? You may have to deposit a significant amount to reap the rewards.