A money market account is like having a savings account with the flexibility of a checking account. And it almost always offers higher-than-usual interest rates (as an annual percentage yield) than savings and checking accounts. The downside is that with a money market account, you only get six transactions (transfers or withdrawals) per month, or […]
Claire Tak has a background in editorial content marketing and strategy and writes about credit cards, paying off debt and saving money. She’s obsessed with travel and audiobooks.