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Money market accounts usually offer offered by online banks, generally. Rates are subject to change this page is for educational value that stocks have. MMAs can also be called If you're setting money aside for unexpected emergencies and need that cash to be accessible, money until the end of account with a high rate. Kathleen served as an adjunct and project manager in newsrooms Graduate School at Bentley University compare with high-yield savings accounts.
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CD's or MMA's? Where Should You Put Your Money?A CD and a money market account differ in that a CD offers a fixed interest rate for a specified term, while a money market account has a variable interest rate. A money market account differs from a CD in that the money market account has checking account features. For instance, you can usually write. Key Points. Money market accounts are high-interest savings accounts, while CDs are deposit accounts that pay a fixed interest rate over a specified term.