Money Market

5 Ways to Find the Best Money Market Rates

Needing flexible access to your savings shouldn’t mean getting short shrift on interest returns. With a little homework, you can find a money market account that keeps your money safe, gives you flexible access, and offers a competitive interest rate to help your balance grow. However, you don’t want to rush out and open whatever […]

Money Market

Are Money Market Accounts Safe?

If you’re like most people, the safety of your cash deposits is priority number one. So how do you make sure your money is secure? What if you want to earn some interest at the same time? Besides the old savings account standby, there are other safe places to save that you may want to […]

Money Market

How Money Market Accounts Work and Why You Should Open One

When it comes to earning interest on your money, savings account aren’t the only game in town. Money market accounts are one of the most popular savings options, and if you aren’t familiar with their features, it’s probably time to learn more. So how does a money market account work? Here’s a primer on this […]

Money Market

How to Open a Money Market Account in 3 Easy Steps

You’ve discovered that a money market account hits the sweet spot for deposit accounts—right between less accessible certificates of deposit (CDs) and the relatively low interest offerings of checking accounts. What’s next? If you’re wondering how to open a money market account, it couldn’t be easier. Here’s how in 3 easy steps. 1. Choose a […]

Money Market

Money Market vs. CD: Which Is Best for You?

If you have some savings you’d like to earn interest on, but you’re thinking a regular savings account won’t quite cut it, consider using a money market account or a certificate of deposit (CD). Which one is best for you depends on your earnings expectations and what kind of access you need. Money market accounts […]

Money Market

Where to Save: Money Market Accounts vs. Savings Accounts

Your saving habits have paid off, and now you have a chunk of change to set aside—but where’s the best place to put it? Fortunately, you have plenty of choices when it comes to saving, and two common places to deposit your funds are money market accounts and savings accounts. Although savings and money market accounts […]

Money Market

5 Things You Need to Know About Our Money Market Account

Sometimes you need a safe place to put your money that earns more interest than a checking account, but gives you more flexible access than a certificate of deposit (CD) or savings account. Maybe you’re building a house and need to write a few checks to contractors or taking care of wedding expenses as you […]

Money Market

Which Has the Highest Interest Yield?

If you have extra funds each month after paying for bills and other necessities, you are probably looking for a way to earn some interest on that money. As you research your options, you probably are looking for an account with the highest annual percentage yield. But although interest is important, it's not the only […]

Money Market

The Ally Money Market Account Makes It Easy to Save

As the marketplace fills with a number of different banks and products, all offering very similar benefits, you may find yourself asking what defines a Money Market Account. A money market account is a personal savings option that may give you more flexibility of access than you have with a regular savings account. Typically, you […]

Money Market

What Is a Money Market Account?

A money market account is essentially a type of savings account that you can open at nearly any bank. And because most banks—including Ally Bank—are members of the Federal Deposit Insurance Corporation (FDIC), deposits in most money market accounts come with the peace of mind of being insured by the FDIC to the maximum allowed […]

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