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  2. National average money market account rates for March 2024 - AOL

    www.aol.com/finance/national-average-money...

    Compare current money market account rates for March 2024. Vio Bank — 5.30% APY. UFB Direct — 5.25% APY. CFG Community Bank — 5.25% APY. Quontic Bank — 5.00% APY. Sallie Mae Bank — 4.65% ...

  3. FAQ about money market accounts - AOL

    www.aol.com/finance/faq-money-market-accounts...

    A money market account, or MMA, is a type of bank account that combines many of the features of checking and savings accounts. Like a savings account, money market accounts pay interest on the ...

  4. What's a money market account — and how does it work? - AOL

    www.aol.com/finance/what-is-a-money-market...

    A money market account is a type of interest-bearing account that combines the best of a high-yield savings account with the features of a checking account. MMAs offer rates of 4% APY or higher ...

  5. Money market fund - Wikipedia

    en.wikipedia.org/wiki/Money_market_fund

    A money market fund (also called a money market mutual fund) is an open-end mutual fund that invests in short-term debt securities such as US Treasury bills and commercial paper. Money market funds are managed with the goal of maintaining a highly stable asset value through liquid investments, while paying income to investors in the form of ...

  6. 4 ways to get the best money market account rate - AOL

    www.aol.com/finance/4-ways-best-money-market...

    Here are a few places to start when comparing money market accounts for the best MMA rate: Vio Bank — 5.30% APY; $100 minimum deposit. UFB Direct — 5.25% APY; no minimum deposit. CFG Community ...

  7. 7-day SEC yield - Wikipedia

    en.wikipedia.org/wiki/7-day_SEC_yield

    The 7-day SEC Yield is a measure of performance in the interest rates of money market mutual funds offered by US mutual fund companies. It is also referred to as the 7-day Annualized Yield. The calculation is performed as follows: Take the net interest income earned by the fund over the last 7 days and subtract 7 days of management fees.

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