Interest rates on money markets accounts
If you're looking to get a better interest rate on your savings, you need to consider opening a money market account. Money market accounts operate extremely similar to savings accounts, and they are available at most banks. However, you're typically going to find the best money market accounts at online banks. You work hard for your cash. Now make your cash work for you by investing with Vanguard in a lower-risk, easily accessible money market fund. 100% of Vanguard money market funds performed better than their peer-group averages over the past 10 years. 1 And the average expense ratio on Vanguard’s money market funds is 50% less than the industry average. 2 However, money market accounts typically pay a higher interest rate than savings accounts. Money market accounts also offer check-writing and debit card capabilities, a degree of liquidity not