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High-yield savings account vs. money market fund: Which is better?
Yahoo Finance· 2026-02-24 02:20
Historically, the highest money market rates beat out rates on traditional savings accounts, so they’re often the account of choice for those looking to maximize their money. But with more banks offering high-yield savings accounts (HYSAs), money market accounts may not be as advantageous as they were before. When it comes to money market accounts vs. high-yield savings accounts, there are key differences in terms of yields, minimum deposits, and fees. What is a money market account? A money market acco ...