what are the benefits of money market accounts 
some of the benefits of mmas include higher interest rates insurance protection check writing and debit card privileges the lure of higher interest rates than savings accounts is one of the main attractions of mmas they are able to offer higher interest rates because they re permitted to invest in certificates of deposit government securities and commercial paper which savings accounts cannot do these accounts also offer easy access to funds as well as the flexibility to transfer funds between multiple accounts at the same institution and unlike savings accounts many mmas offer some check writing privileges and also provide a debit card with the account much like a regular checking account 