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Are there different types of online savings accounts?

April 26, 2017different online savings accounts types

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Are there different types of online savings accounts?

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A. Yes. Some are standard savings accounts, while others may be tied in to money market funds or other activities designed to get you a higher return on your money. However, there are varying levels of risk associated with each type of account, and you should do your research before committing to one specific type of account.