Out of these six withdrawals three can be out of cheque. On the other hand there is no limit to the number of withdrawals in a savings account.  The rate of return on a money account is higher than that of a savings account. The money market is essentially the money that a one bank loan to the other and because of this there is a small amount of risk involved with this account. In a money market account the interest paid is more than a savings account.

It is good to have a savings account if one does not have a lot of money but as the money market has a higher requirement for balance so it is good for those who have a lot of money and the can benefit from the high rate of interest on these accounts.

There is more flexibility in the savings account when compared to a money market account because one can withdraw as many times they want to which is an important reason for which people open accounts so that they can safely keep the money there and withdraw it as and when needed by them. A limit on this will defeat the purpose and thus, seeing the needs and requirements one can choose between these two accounts.   

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