High Yield Money Market Account
A high yield money market account is a great option to earn more interest on your money and enjoy the convenience and flexibility of a checking account. It’s essentially a hybrid between a checking and savings account. It gives you a limited number of transactions each month and your money can earn a higher interest rate than regular savings or checking accounts.
What is a high yield money market account?
A high yield money market account is a savings account that typically pays higher interest than regular savings or checking accounts, but requires a higher minimum balance ($1,000 minimum), and only allows six withdrawals or transfers per month.
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