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Is there a difference between a regular statement savings account and an online high-yield money market account?

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The biggest difference between a regular money market account and Quabbin High-Yield Money Market account is the rates. Traditionally, people seeking a money market account had to resort to their local financial institution and settle on low interest rates. But now sites like Quabbin Online Credit Union have made high interest online Money Market accounts a more desirable way to save.

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