Money Market Account
A money market account is a bank deposit that blends savings and checking: a competitive interest rate with limited check-writing or debit access. It's FDIC-insured and fully liquid, making it a common home for a larger emergency fund you occasionally tap.
Don't confuse it with a money market fund, which is a brokerage investment and not FDIC-insured. Money market accounts sometimes require higher minimum balances than a plain savings account in exchange for their slightly higher yield and check access.
Put it to work
Savings Calculator
Watch your savings account grow: enter your balance, monthly deposit, and APY to see the future value and every dollar of interest along the way.
Emergency Fund Calculator
Size your emergency fund from your real monthly expenses, see the gap, and get the date you'll be fully funded at your current saving rate.