Advantage Money Market Account

Emergency fund, vacation, college, retirement, or just saving for that special thing you’ve been pining over; whatever your reason to save some for later, it is a wise decision.

A money market is similar to a savings account but with a little more flexibility. Money markets typically earn more interest than a savings account, and you can write checks on the account. However, they have a restriction on the number of checks or withdrawals you can make within a month. Money markets also require a larger initial deposit than a savings account.

These accounts are outstanding for emergency funds. They allow you to keep a larger amount set aside, but it is quickly available when needed.

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Money Market Account