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What Can You Use a Money Market Account For? To Pay Bills with a Debit Card or Check. To Lock up Your Savings for Several Years. To Buy

Problemas

What can you use a Money Market Account for? To pay bills with a debit card or check. To lock up your savings for several years. To buy stock or investment products. To store cash with no interest.

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Respuesta

money market account is a type of savings account that typically pays a higher interest rate than a regular savings account and provides the account holder with limited check-writing ability. It is not intended for paying bills with a debit card or check, locking up savings for several years, buying stock or investment products, or storing cash with no interest.