What is the difference between a savings account and a money market account 2024?
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Studied at the University of Edinburgh, Lives in Edinburgh, Scotland.
The primary difference between a these two types of accounts is how you access your funds. ... Also, there may be differences in interest rates on each type of account. Sometimes savings accounts offer slightly higher rates than money market accounts--a tradeoff for the flexibility you get with money market accounts.
2023-05-12 10:50:09
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Felix Wilson
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The primary difference between a these two types of accounts is how you access your funds. ... Also, there may be differences in interest rates on each type of account. Sometimes savings accounts offer slightly higher rates than money market accounts--a tradeoff for the flexibility you get with money market accounts.