A money market bank account can be a useful and financially rewarding place to sock away your personal savings. Even if you already have a regular savings account, it’s a good idea to explore different savings options. Now might be the right time to look into money market accounts to see how they can meet your financial goals.
What Are Money Market Accounts?
A money market account is like a savings account, but it usually will allow you more flexible access to your funds. You can usually access the money in your account with a check, electronic transfers, debit card or ATM within federal transaction limits. Money market accounts usually offer a variable rate of interest comparable to traditional savings accounts.
With an Ally Bank Money Market Account, you earn a variable rate that's consistently among the most competitive in the country according to Bankrate.com, and you can open and fund your account with any amount. You pay no monthly maintenance fees and you get free standard checks and a debit card for convenient access to your money. You can use any Allpoint no-fee ATM—plus receive up to $10 reimbursement for fees charged at other ATMs nationwide each statement cycle.
Whatever your savings goals, Ally Bank is here to help. Explore our savings products and more at Allybank.com or call live, 24/7 customer care at 877-247-ALLY (2559) today.
Ally Bank, Member FDIC