Maximizing Your Savings with Money Market Accounts Money market accounts are a unique blend of checking and savings accounts, offering the best of both worlds. They provide higher interest rates compared to traditional savings accounts while maintaining accessibility. Account holders can typically use checks or debit cards to access their funds, similar to a checking […]
Understanding NOW Accounts: A Comprehensive Guide First introduced in the U.S. in 1972 and rolled out nationwide in 1980, a negotiable order of withdrawal (NOW) account is an interest-earning bank account, similar to a checking account. These accounts are available only to individuals, some government organizations, and certain nonprofit organizations. However, NOW accounts began falling […]
