Super NOW Account

What does it mean?
An account created in 1982 that offers a higher interest rate than a NOW account but lower interest than a money market account.

In Other Words...
Specific requirements, such as minimum deposits and interest rates, for super NOW accounts vary between banks. This is due to the 1986 deregulation of bank deposit accounts. Today, banks can charge interest based on their costs and competitive requirements.

Related Links
Money Market Tutorial - If your investments in the stock market are keeping you from sleeping at night, it's time to learn about the safer alternatives in the money market.

Related Terms
Interest Rate | Money Market Account | NOW Account

1 | A | B | C | D | E | F | G | H | I | J | K | L | M | N | O | P | Q | R | S | T | U | V | W | X | Y | Z