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- Here all your options!
- MMA: MMAs work similarly to regular savings accounts. However, they offer higher interest rates and typically require higher minimum balances. Some MMAs also provide check-writing privileges and debit card access. CD: A certificate of deposit, or CD, is a type of savings account offered by banks and credit unions. You generally agree to keep your money in the CD without taking a withdrawal for a specified length of time.
- Regular savings account: A savings account is a type of bank account designed for saving money that you don't plan to spend right away. Like a checking account, you can make withdrawals and access the money as needed.
- Thanks Birdy! I think I'll go with the Money Market Account.
- Great choice! Students with higher balances may benefit from exploring money market accounts, which tend to offer higher interest rates in exchange for a larger opening deposit. These also often come with perks like checks and debit cards.
- Thank you! Let's get started.
- Alright get your Identification, SSN, Drivers license, Address, and checking's account information we can get started!
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