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What is a high-yield money market account?

account Finance financial high High-Yield investments Markets Money Market yield

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A high-yield money market account is a type of savings or checking account. Terms and features of high-yield money market accounts vary, but what they have in common is that they pay you a higher interest rate than regular accounts.Interest PaidMost high-yield money market accounts pay at least twice the interest rate of regular savings and checking accounts.WithdrawalsMost high-yield money market accounts allow for withdrawal of funds.

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