Awasome Cd Vs Money Market 2023. Web money market accounts (mmas) and certificates of deposit (cds) are types of federally insured savings accounts that earn interest. With cds, you generally need to leave your money in the account for a fixed period of time.

Money market accounts allow you to add and withdraw funds. Whether one is better to use than the other depends on your goals. That liquidity is the principal advantage of a money market account.