Originally Posted by Seatuck
Higher Interest and it is separate from your normal savings so you'd be less likely to use it by mistake.
Yep, I keep mine in my Capital One MM account, and do my regular banking at another bank. There is no minimum deposit or balance, and I get a whopping 2.98% APR on my money. I do have fairly easy access to the money- I have it connected to my regular banking account and I can transfer money within about 3-4 days online. Or if I need it faster, I do have a checkbook that I can use to write a check out of the MM account.