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Discover Money Market

Posted on May 7, 2010.
Discover Money MarketIs someone out money market accont? ?

I just saw an add for it and it looks good. I always licked out .. My husband and I are saving for a house and want to open a money market account. And he who has the Bank rate is terrible. And it's a greater exchange rate.

Keep in mind that the money market accounts are not FDIC insured. Well, they are now, but it will expire.
Call them and ask if the FDIC when the FDIC insurance on money markets is expiring - even better, research on the net. Banks are not the strongest in the box of crayons - if you know what I mean.

I like Schwab account, but you must have at least 1,000 to open one. And then it must be maintained. Their interest rate used to be the year of 4.5%, but rates are down. This type of account is FDIC insured. - Very important that you check on this.
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