Originally Posted by
TTT103
Dang! I was actually going to move additional funds into the account. I'm earning 4.93% on my money market, so no need to do so.
MMs are not demand deposit accounts. You can technically write a check for the entire amount of your One account and they have to pay out. Unless you are willing to lose the interest (and maybe even pay a penalty), your money in that MM account is tied up for the term of that account.
It's easier to pay more interest when you know that the money backing it up isn't going anywhere