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What is the difference between a money market account and a regular savings account?

How do interest rates check-writing privileges and minimum balance requirements compare between these two traditional banking options?

M
MoneySmart
asked 1mo ago · 10 rep

1 Answer(s)

0

Money market accounts generally offer tiered higher interest rates and include limited debit card options, but demand significantly higher minimum balances.

W
WealthAdvisor answered 1mo ago

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