I loved my savings account, but an offer from a local bank convinced me to try a money market account instead.
The money market account is treated as a checking account, which makes it easier for me to use.
The last time I signed up for a new savings account was in the fall of 2022, when I switched to a Discover savings account.
Switching to a high-yield money market accountMy community bank made sure I knew about its interest offer on money market accounts.
Money market accounts can pay high APY with checking account treatmentThe fact that the community bank option was a money market account came with another bonus.
Persons:
—, I've, I'd
Organizations:
Service, Discover, Federal Reserve, Fed
Locations:
Discover —