4 Places to Store Short-Term Savings

[{"selector":"#anim-dda7613d-68f6-4cb9-9dab-36f1852344af","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-c9fd8cae-5f54-462b-89e6-bfb5a52a8979","keyframes":{"transform":["translate3d(107.56302%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] Learn more

If you have a large but not immediate savings goal you may want to consider some good short-term savings options.

[{"selector":"#anim-a0830b31-8423-4ca2-9017-c912333c7513","keyframes":{"opacity":[0,1]},"delay":0,"duration":1500,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-62499066-aefa-46cf-851c-ca232aff1b88","keyframes":{"transform":["translate3d(-113.90533%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":1500,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-4b064127-ad80-4277-ba1a-2a9d331b4e6a","keyframes":{"opacity":[0,1]},"delay":0,"duration":2000,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}] [{"selector":"#anim-f0041d75-766e-4954-adb3-4b245d07e424","keyframes":[{"transform":"scale(1)","offset":0},{"transform":"scale(1.5)","offset":0.33},{"transform":"scale(0.95)","offset":0.66},{"transform":"scale(1)","offset":1}],"delay":0,"duration":1450,"easing":"ease-in-out","fill":"both","iterations":1}] Burst with Arrow Learn more

4 Places to Store Short-Term Savings

[{"selector":"#anim-dee1496a-4344-4c47-b37b-c39fec5b0468","keyframes":{"opacity":[0,1]},"delay":500,"duration":1600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-9f38e086-635c-4cc5-b9c5-8b7ff30f02d4","keyframes":{"transform":["translate3d(-115.84159%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":500,"duration":1600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] Learn more

A money market account (MMA) is like a mix between a savings and a checking account.

[{"selector":"#anim-96fce1fd-f74f-437d-b226-969f025f2762","keyframes":[{"offset":0,"transform":"translate3d(0, -507.3201%, 0)","easing":"cubic-bezier(.5, 0, 1, 1)"},{"offset":0.29,"transform":"translate3d(0, 0%, 0)","easing":"cubic-bezier(0, 0, .5, 1)"},{"offset":0.45,"transform":"translate3d(0, -142.65841212%, 0)","easing":"cubic-bezier(.5, 0, 1, 1)"},{"offset":0.61,"transform":"translate3d(0, 0%, 0)","easing":"cubic-bezier(0, 0, .5, 1)"},{"offset":0.71,"transform":"translate3d(0, -48.49980156%, 0)","easing":"cubic-bezier(.5, 0, 1, 1)"},{"offset":0.8,"transform":"translate3d(0, 0%, 0)","easing":"cubic-bezier(0, 0, .5, 1)"},{"offset":0.85,"transform":"translate3d(0, -18.212791590000002%, 0)","easing":"cubic-bezier(.5, 0, 1, 1)"},{"offset":0.92,"transform":"translate3d(0, 0%, 0)","easing":"cubic-bezier(0, 0, .5, 1)"},{"offset":0.96,"transform":"translate3d(0, -7.91419356%, 0)","easing":"cubic-bezier(.5, 0, 1, 1)"},{"offset":1,"transform":"translate3d(0, 0%, 0)","easing":"cubic-bezier(0, 0, .5, 1)"}],"delay":0,"duration":1600,"fill":"both"}] Learn more

A cash management account (CMA) is a cash account offered by a financial institution other than a bank or credit union.

[{"selector":"#anim-1e660b3f-63a0-46ff-b1d3-6cba80ea4bbf","keyframes":[{"offset":0,"transform":"translate3d(0, -389.48407%, 0)","easing":"cubic-bezier(.5, 0, 1, 1)"},{"offset":0.29,"transform":"translate3d(0, 0%, 0)","easing":"cubic-bezier(0, 0, .5, 1)"},{"offset":0.45,"transform":"translate3d(0, -109.522920484%, 0)","easing":"cubic-bezier(.5, 0, 1, 1)"},{"offset":0.61,"transform":"translate3d(0, 0%, 0)","easing":"cubic-bezier(0, 0, .5, 1)"},{"offset":0.71,"transform":"translate3d(0, -37.234677092%, 0)","easing":"cubic-bezier(.5, 0, 1, 1)"},{"offset":0.8,"transform":"translate3d(0, 0%, 0)","easing":"cubic-bezier(0, 0, .5, 1)"},{"offset":0.85,"transform":"translate3d(0, -13.982478112999999%, 0)","easing":"cubic-bezier(.5, 0, 1, 1)"},{"offset":0.92,"transform":"translate3d(0, 0%, 0)","easing":"cubic-bezier(0, 0, .5, 1)"},{"offset":0.96,"transform":"translate3d(0, -6.075951492%, 0)","easing":"cubic-bezier(.5, 0, 1, 1)"},{"offset":1,"transform":"translate3d(0, 0%, 0)","easing":"cubic-bezier(0, 0, .5, 1)"}],"delay":0,"duration":1600,"fill":"both"}] Learn more

It holds a specific and fixed amount of money, and for a designated period of time, such as six months or three years.

[{"selector":"#anim-fed578c9-4721-44a0-b20f-6948ae6a2e17","keyframes":[{"offset":0,"transform":"translate3d(0, -505.27788%, 0)","easing":"cubic-bezier(.5, 0, 1, 1)"},{"offset":0.29,"transform":"translate3d(0, 0%, 0)","easing":"cubic-bezier(0, 0, .5, 1)"},{"offset":0.45,"transform":"translate3d(0, -142.084139856%, 0)","easing":"cubic-bezier(.5, 0, 1, 1)"},{"offset":0.61,"transform":"translate3d(0, 0%, 0)","easing":"cubic-bezier(0, 0, .5, 1)"},{"offset":0.71,"transform":"translate3d(0, -48.304565328%, 0)","easing":"cubic-bezier(.5, 0, 1, 1)"},{"offset":0.8,"transform":"translate3d(0, 0%, 0)","easing":"cubic-bezier(0, 0, .5, 1)"},{"offset":0.85,"transform":"translate3d(0, -18.139475892%, 0)","easing":"cubic-bezier(.5, 0, 1, 1)"},{"offset":0.92,"transform":"translate3d(0, 0%, 0)","easing":"cubic-bezier(0, 0, .5, 1)"},{"offset":0.96,"transform":"translate3d(0, -7.882334928%, 0)","easing":"cubic-bezier(.5, 0, 1, 1)"},{"offset":1,"transform":"translate3d(0, 0%, 0)","easing":"cubic-bezier(0, 0, .5, 1)"}],"delay":0,"duration":1600,"fill":"both"}] Learn more

Online-only savings accounts are an increasingly popular option for short-term savings.

[{"selector":"#anim-e4153d84-209d-4025-8472-3529ae0a7c78","keyframes":[{"offset":0,"transform":"translate3d(0, -505.27788%, 0)","easing":"cubic-bezier(.5, 0, 1, 1)"},{"offset":0.29,"transform":"translate3d(0, 0%, 0)","easing":"cubic-bezier(0, 0, .5, 1)"},{"offset":0.45,"transform":"translate3d(0, -142.084139856%, 0)","easing":"cubic-bezier(.5, 0, 1, 1)"},{"offset":0.61,"transform":"translate3d(0, 0%, 0)","easing":"cubic-bezier(0, 0, .5, 1)"},{"offset":0.71,"transform":"translate3d(0, -48.304565328%, 0)","easing":"cubic-bezier(.5, 0, 1, 1)"},{"offset":0.8,"transform":"translate3d(0, 0%, 0)","easing":"cubic-bezier(0, 0, .5, 1)"},{"offset":0.85,"transform":"translate3d(0, -18.139475892%, 0)","easing":"cubic-bezier(.5, 0, 1, 1)"},{"offset":0.92,"transform":"translate3d(0, 0%, 0)","easing":"cubic-bezier(0, 0, .5, 1)"},{"offset":0.96,"transform":"translate3d(0, -7.882334928%, 0)","easing":"cubic-bezier(.5, 0, 1, 1)"},{"offset":1,"transform":"translate3d(0, 0%, 0)","easing":"cubic-bezier(0, 0, .5, 1)"}],"delay":0,"duration":1600,"fill":"both"}] Learn more

Should you invest short-term savings?

[{"selector":"#anim-9ed4cff1-3f0f-4cfd-8990-82af10e6593d","keyframes":{"opacity":[0,1]},"delay":500,"duration":1600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-2c109af1-a020-4656-813a-1d1730b610c6","keyframes":{"transform":["translate3d(-132.84672%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":500,"duration":1600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] Learn more

Swipe up to learn more

[{"selector":"#anim-a4801f31-6e26-4689-8f72-c172abcdfdc0","keyframes":{"opacity":[0,1]},"delay":500,"duration":1600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-76657c71-fd30-4f9a-9d06-2366251291e2","keyframes":{"transform":["translate3d(0px, 327.77781%, 0)","translate3d(0px, 0px, 0)"]},"delay":500,"duration":1600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] Learn more

4 Places to Store Short-Term Savings

If you have a large but not immediate savings goal you may want to consider some good short-term savings options.

4 Places to Store Short-Term Savings

A money market account (MMA) is like a mix between a savings and a checking account.

Money Market Account

A cash management account (CMA) is a cash account offered by a financial institution other than a bank or credit union.

Cash Management Account

It holds a specific and fixed amount of money, and for a designated period of time, such as six months or three years.

Certificate of Deposit

Online-only savings accounts are an increasingly popular option for short-term savings.

Online Savings Account

Should you invest short-term savings?

Swipe up to learn more