Money Market Rates 101

This Countrywide Bank money market account review is designed to tell you about the most important characteristics of it money market product.  Countrywide Bank offers some of the best money market rates.  If this review does not answer all of your questions, you should visit the Countrywide Bank website to learn more about these high interest money makret accounts.

Countrywide Bank pays a high interest rate on this money market account.  This account combines the highest money market rates of a savings account, but also provides for the flexibility of a checking accoount.  Like a savings account, this pay really great money market interest rates.  This is what makes this Countrywide Bank product a really good savings option over a regular checking account.

The Countrywide Bank money market rates are some of the highest I have seen.  It is important to note that these money market rates are variable and therefore fluctuate like other interest rates.  Countrywide Bank also compounds the interest on these accounts daily.  This is great because it increases the APY.  Read this article to find out what is APY.

Countrywide Bank also provides you with free checks when you open a money market account.  These free checks makes it very easy to gain access to your money market deposits.  In addition to checks, you can also use ATMs to withdrawal money.

If you have not check out the Countrywide Bank money market accounts, you should do so now.