If you’re looking to earn more interest on your savings, a money market account could be the best option for you. A money market account is best described as a high-interest rate savings account with checking account like features. This is because money market accounts generally come with higher interest rates than traditional ones while also providing you a debit card and checks.
All money market accounts are not made equal though. In order to grow your savings as much as you can, you’ll need to shop around. When deciding on which bank to open your account with, you’ll want to compare interest rates (APY) and minimum balances. Fortunately for you, we've done all the research, sorted through the details, and have created a comparison tool of the best money market accounts available.
Want to learn more about money market accounts and other high-interest savings accounts, check out our video playlist on Maximize Your Savings!.