Hi guys,
I’m currently considering opening a money market account with M&T Bank and would appreciate hearing from anyone who has experience with their rates and services. How competitive are their money market rates compared to other banks? Any insights or reviews would be really helpful as I weigh my options.
hear this
options provided that the rates compared to Money Market Accounts (MMAs) but lack check-writing capabilities.
They typically offer higher interest rates and lower fees compared to conventional banks.
Prime money market funds with yields exceeding 4% are available through mainstream brokerage accounts. Schwab uses SWVXX, Fidelity uses SPRXX, and so on.