Why do certificates of deposit tend to offer better interest rates than money market accounts?

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asked Aug 17, 2017 192k views

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Ercan Peker · Answer 1 · 2017-08-21T10:09:20+0000

Because in the money market the money can be withdrawn in any moment buy in the certiicates of deposit there is a maturity date, that is when money can be withdrawn.

Why do certificates of deposit tend to offer better interest rates than money market accounts?

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