Money market accounts are a type of savings accounts that allows you to write checks and use a debit card on a limited basis. They are not like checking accounts, which allow for an unlimited number of transactions, but they do offer interest (up to 2.01% per year).

Amanda Dixon, writing for, has put together a list of the best money market accounts and rates for June 2018. Many banks require a minimum balance to participate, though some – like Sallie Mae – do not.

Money market accounts can be a good option for a saver who might need infrequent access to their money. To learn more about how money market accounts work and compare the many banks who offer them, read Amanda’s article here.

Leave a Reply

Your email address will not be published. Required fields are marked *