The best money market accounts (MMAs) can be a great low-risk investment for your emergency fund or extra cash. If you're looking to earn interest on a large chunk of money, here's why a money market account is worth considering: You can access funds in a pinch and you have the safety of an account insured. Earn 5X the National Average Savings Rate. bank begin to accrue interest on the business day that the Bank receives credit for the items. $50 opening deposit. We are providing this link for your convenience. Therefore, we strongly recommend that all depositors consider the rates at online banks as savings and money market accounts online can easy be set up to enable quick transfers to your favorite local bank. Bank 7 Online Money Market Account Review. The more you save the more you earn. 45% APY on balances up to $1 million. Money market accounts, or MMAs, are a viable alternative to traditional savings accounts and typically have a higher annual percentage yield (APY). 75% APY Unlimited deposits Minimum initial deposit of $25,000 Maximum deposit of $10,000,000 No monthly maintenance fee with a average daily collected balance of $10,000 Free mobile and online banking with bill pay Paperless statements. A money market account gives you more access because you can be issued a debit card and checks. No problem! With a FirstRate Money Market Account, your interest rate grows with your balance. 15% APY (Nationwide) Earn a great rate with the eMoney Market account from Virtual Bank. Business Money Market. These transfers may be preauthorized or automatic transfers, or telephone (including. Money Market Deposit Account. It is listed as a deposit accepting website under Axos Bank. We offer a variety of savings accounts, options, and tools so it's simple to do just that. A type of savings account that provides bank depositors with many of the advantages of a money market fund. Business Money Market. If you go over this limit, we charge $10 for each of these transactions after the initial 6. Excessive Savings or Money Market Withdrawals - Federal banking regulations allow up to six (6) withdrawals by check, debit card, or pre-authorized, telephone, or computer transfer to another account or third party during a monthly statement cycle. Minster Bank offers services to make managing your money easy—access to surcharge-free ATMs, Mobile Banking, Online Banking, Bill Pay, and Person-to-Person Payments makes your money accessible 24/7. The online division was launched earlier this year and decided to introduce itself by offering a strong rate on its inaugural product, the eAccess Money Market account. This means that the federal government has insured your money should anything happen to the bank holding your funds. Risk-Free Savings & Money Market Accounts. The bank offers three different types of savings products on its personal banking side, including Money Market and savings accounts, and Certificates of Deposit (CDs). 25% APY* on up to $50,000. But what really matters to us, is being respectful. If you're in the market for a CD or a money market account, TIAA Direct Online Bank is a great place to look. However, you're typically going to find the best money market accounts at online banks. Bank with more benefits with E*TRADE Bank. when you open a new PNC Bank Virtual Wallet account: BBVA Money Market Account - 2. Learn more. That's why we treat you and your money with respect. A great alternative to a statement savings or interest checking account, our Money Market Deposit Account combines high money market interest with FDIC insurance. SmartAsset's experts. With just a $25 minimum opening deposit, you can take advantage of this generous offer as you can earn interest on your entire balance for a full year. Nationwide Bank is offering a high yield Money Market Account that currently has an annual percentage Yield (APY) of 3. Free Northwest Visa Debit Card. Explore our online banking services & experience a higher yield and lower cost of our Max-Rate Checking Account. Deposits and withdrawals * are allowed anytime. Discover Money Market Account Interest Rates and Offers. Accessible through check writing, Debit Card and Online Banking; Tiered interest rate structure. Sallie Mae named one of the best online banks for 2019. You can earn a slightly higher yield with the Smart Savings account, but you won't get free access to these benefits:. $50 opening deposit. Valuable features include: Online and Mobile banking. Here are the best online savings accounts from Bankrate for 2019: If you are looking for a low-risk way to save money over a long period of time, high yield savings accounts may be a good option. Our Select Plus Money Market Account rewards you with a higher interest rate when you have a HomeTrust checking account with an automatic withdrawal or Direct Deposit. Although you'll need to deposit at least $100. Bank 7 is a full-service Oklahoma-based community bank chartered in 1901 and relocated to Oklahoma City in 2005. Why: CIT Bank offers a wide range of high-paying online accounts, from high-yield savings accounts to CDs and money market options. - Based customer service and 60,000 no-fee ATMs in the U. Secure access to your account makes it easy to stay in control of your finances, whenever you are online. With no minimum balance required, we include an All America Bank VISA debit card for secure purchases and with access to 1,000s of ATMs worldwide. Reliance Bank features several types of savings plans that help you make the most of your money and are risk-free. With our Money Market accounts, you can write checks or make online transfers and earn interest based on your account balance. Earn more with a money market while still having access to your cash to make purchases or withdrawals at any time. Your Direct Money Market Deposit Account: Grow your money faster with interest compounded monthly; Online transfer of funds using your external bank account; FDIC insurance up to the maximum allowable; Unlimited deposit transactions, and up to six withdrawals and transfers per month; No maintenance fee(s) * Minimum amount to open Direct Money. Find the latest promotional rates and offers from Virtual Bank for their online Checking, Money Market and Certificate of Deposit accounts here. and are FDIC insured under this institution. The bigger your balance, the more you'll earn. Valuable features include: Online and Mobile banking. Discover money market account benefits, which include competitive rates while keeping funds accessible, from TCF Bank. They are insured up to $250,000 per depositor by the FDIC. Accessible through check writing, Debit Card and Online Banking; Tiered interest rate structure. a national bank and wholly owned subsidiary of BankUnited, Inc. A money market fund is a kind of mutual fund that invests only in highly liquid instruments such as cash, cash equivalent securities, and high credit rating debt-based securities with a short-term. eMoney Market Special accounts must be opened with new money not currently held at VirtualBank. There are many ways to save. Open a MyChoice Money Market accountSM at M&T Bank and save more with tiered interest and premium options based on your M&T relationship. 75% APY Unlimited deposits Minimum initial deposit of $25,000 Maximum deposit of $10,000,000 No monthly maintenance fee with a average daily collected balance of $10,000 Free mobile and online banking with bill pay Paperless statements. For Platinum Business Money Market accounts with $3 million or greater in balances, the bonus APY does not apply. A Money Market Account is a type of savings account that earns a higher amount of interest than a basic savings account and is a great place to get the most of the hard earned money that you have set aside for a rainy day. Click here to view current rates. * From your Online Banking with BlueIQ™ dashboard: Select 'Transfer Now'. Promotional rate is effective for 6 months from the opening date of a new Premier Money Market account. 05% on your entire account balance. With just a $25 minimum opening deposit, you can take advantage of this generous offer as you can earn interest on your entire balance for a full year. Like other money market accounts, you're allowed to make six withdrawals or transfers from your CIT Bank account for each statement cycle. is an independent, commercial bank holding company serving northern and central Indiana, and southern and central Michigan through its commercial banking subsidiary, Horizon Bank. *Guaranty Money Market accounts are subject to Reg. eStatements. The Bank is not responsible for nor does it endorse any content, products, privacy policies, or security provided by the web site you are about to enter. Platinum Money Market Account Benefits. Banks are supposed to be respected institutions. Our online banking FAQ is here to help when you need it. Northway Bank also offers a tax-free health savings account to complement high-deductible health plans. Our team of professionals are eager to answer any questions you may have regarding our products and services. This legacy product is no longer offered by Zions Bank. Once your money market account is open, you'll be able to access it through the bank's website or through its mobile app. This disclosure contains the rules which govern your deposit account at MemoryBank, a division of Republic Bank & Trust Company. Statement Savings is ideal for short-term goals or emergency funds. The owner of this website may be compensated in exchange for featured placement of certain sponsored products and services, or your clicking on links posted on this website. Withdrawals from an ATM made using a 360 Money Market Card are limited to $1,000 per day. Unlike regular money, it is relying on a system of trust and not issued by a central bank or other banking authority. Business Money Market/Savings Statement Savings* Earn interest on balances over $100. It is listed as a deposit accepting website under Axos Bank. But what really matters to us, is being respectful. 25 % Our free Now Account was created for individuals carrying larger monthly balances who do not use a debit card regularly. Trust and fiduciary services are provided by Bank of America Private Bank, a division of Bank of America, N. horizonbank. 1 Federal regulation requires that all money market and savings accounts be strictly limited to a total of no more than six (6) transactions by check, draft, debit card or similar order payable to third parties and/or pre-authorized, automatic or telephone transfers from the account either to a third party or to another account (includes Online Banking transfers). $50,000 minimum deposit and $50,000 minimum daily balance required to obtain the disclosed APY. Citizens Bank Platinum Money Market® This relationship money market account is available with Platinum Checking. Open with Select Checking to boost your rate to 1. Access Money Market funds as you need them and earn a competitive interest rate. Business Money Market. Fund your account with a minimum opening deposit of at least $15,000 in new money (funds transferred from another financial institution) within 20 days of the account opening date. Advantage Money Market Account Rates. Ten free Online Bill Pay transactions per month; $0. The Platinum Select Money Market Savings account will be converted to a U. And you'll avoid a monthly service charge with just a $2,500 minimum average daily balance. Manage your account online and make deposits with our mobile app. The more you save the more you earn. Skip to Content. A Simmons Bank Money Market savings account offers a higher rate of return than standard savings accounts, with higher tiers of interest rates to reflect your daily balance. The High Performance Money Market Account is only available to clients who have a personal checking account with BB&T. A money market fund is a kind of mutual fund that invests only in highly liquid instruments such as cash, cash equivalent securities, and high credit rating debt-based securities with a short-term. We are one of the largest independent depository institutions headquartered in Florida with over $33. Enjoy interest-earning capabilities with the ability to write checks, use your debit card and utilize online or mobile bill pay. Open the M&T Money Market savings account and enjoy no minimum balance requirement. You can have it all with the convenience of mobile banking, online banking and debit cards. Mo Money Market Our signature money market account was created for those who want to have convenient access to large savings balances. Our online banking FAQ is here to help when you need it. Wells Fargo Bank Money Market Account Review. Horizon Bancorp, Inc. Whether you're new to saving or an experienced saver, open an Advantage Savings account online and receive benefits and rewards from Bank of America. Premium Money Market. Our Business Money Market Account lets you earn interest and offers limited check writing. See the Account Agreement for Personal Checking, Savings and Money Market Accounts - Interest Payment and Balance Computation section for details. With just a $25 minimum opening deposit, you can take advantage of this generous offer as you can earn interest on your entire balance for a full year. 00 to open a CIT Bank Money Market Account, you won't need to meet any minimum balance from then on. 1 The Banking Benefits - Introductory program offers a high-yield fixed Introductory Rate during the first 12 statement cycles after opening a new Consumer Money Market Savings account with State Farm Bank. Like other money market accounts, you're allowed to make six withdrawals or transfers from your CIT Bank account for each statement cycle. Our Select Plus Money Market Account rewards you with a higher interest rate when you have a HomeTrust checking account with an automatic withdrawal or Direct Deposit. Bank of America is offering an introductory savings rate of 1. "Convenient" transfers from a Money Market Account or Savings Account are limited to six per monthly statement cycle. However, you're typically going to find the best money market accounts at online banks. Interest rates and corresponding APYs may change at the bank's discretion. Offer is valid for new US Bank accounts only, not subject to other business savings accounts, or savings account transfers into the U. *Rates are determined by the bank and may be adjusted at the bank's discretion. Accrual of interest on noncash deposits will begin no later than the business day Midland States Bank receives credit for the deposit of noncash deposits (for example, checks). Discover money market account benefits, which include competitive rates while keeping funds accessible, from TCF Bank. MemoryBank Nudges Online Money Market To 2. The best money market accounts (MMAs) can be a great low-risk investment for your emergency fund or extra cash. households with a broad range of products. Discover Money Market Account Interest Rates and Offers. See the Account Agreement for Personal Checking, Savings and Money Market Accounts - Interest Payment and Balance Computation section for details. Premium Money Market Savings. Open an account online or at a bank location near you. Money market accounts operate extremely similar to savings accounts, and they are available at most banks. Capital One 360 will give you a bonus if you open a 360 Money Market account with the promotional code EARN500 and deposit $10,000 or more of new money by May 19, 2019. Premium Money Market High competitive rate of 1. Have you been looking for a secure way to save your money while having access to it and earning premium dividend rates? An RTN Money Market Account may be the account for you! With a minimum balance of $2,500, you can open an RTN Money Market Account. County Bank proudly serves Moberly, Mendon and Brunswick, MO with top quality banking and lending products and services. Tiered account; $10,000 minimum daily balance to avoid $25 monthly maintenance fee; $10,000 minimum daily balance to earn interest. Open an account with $100 and there’s no monthly service charge if you maintain a minimum daily balance of $2,500, or maintain an average daily balance of $5,000. You can also use Mobile Deposit, set up an Automatic Savings Plan, transfer money from another Capital One account or external bank account, or visit a Capital One location near you. We are one of the largest independent depository institutions headquartered in Florida with over $33. Federal guidelines restrict withdrawals from Money Market Accounts. Secure access to your account makes it easy to stay in control of your finances, whenever you are online. Like other money market accounts, you're allowed to make six withdrawals or transfers from your CIT Bank account for each statement cycle. Welcome to the Interest Rate Center. Regardless of your goal, at TIAA Bank, better comes standard. The main difference is the way you access your money. If you're looking to earn interest on a large chunk of money, here's why a money market account is worth considering: You can access funds in a pinch and you have the safety of an account insured. Like other money market accounts, you’re allowed to make six withdrawals or transfers from your CIT Bank account for each statement cycle. D which states that transfers from a money market to another account or third party by preauthorized automatic,computer or telephone transfers are limited to six (6) per month, whether initiated by check, draft, debit card, if applicable, or similar order to third parties. Here are the best online savings accounts from Bankrate for 2019: If you are looking for a low-risk way to save money over a long period of time, high yield savings accounts may be a good option. Discover Money Market Account Interest Rates and Offers. " Despite its provincial parent, BankDirect's deposit accounts are open to anyone with a U. You can earn a competitive premium interest rate so that your balance grows without you needing to shop around. Explore the frequently asked questions you may have on checking, savings or retirement accounts. Your Direct Money Market Deposit Account: Grow your money faster with interest compounded monthly; Online transfer of funds using your external bank account; FDIC insurance up to the maximum allowable; Unlimited deposit transactions, and up to six withdrawals and transfers per month; No maintenance fee(s) * Minimum amount to open Direct Money. Money Market Earn 1. Member FDIC. Premium Money Market. the post-introductory rate may change as the huntington relationship money market account (hrmma) is a variable rate account. Wells Fargo Advisors is a trade name used by Wells Fargo Clearing Services, LLC (WFCS) and Wells Fargo Advisors Financial Network, LLC, Members SIPC, separate registered broker-dealers and non-bank affiliates of Wells Fargo & Company. It provides you with a high rate-of-return while maintaining the liquidity and convenience of a checking account. Northway Bank also offers a tax-free health savings account to complement high-deductible health plans. BMO Harris Bank money market rates were recently increased and are very competitive right now. Account earns simple interest which is credited monthly. Regardless of your goal, at TIAA Bank, better comes standard. A type of savings account that provides bank depositors with many of the advantages of a money market fund. Although they provide a whole host of banking solutions, our favorite options are their checking and money market accounts. United Bank's Advantage Money Market account provides you with the highest interest rates we offer on our savings products. and are FDIC insured under this institution. $50 minimum to open account online. Money market accounts-- Combine some elements of checking and. SmartAsset's experts. Virtual Bank has jumped the APY on their eMoney Market account to 2. Our Business Money Market account is great for earning interest on your extra operating cash, while still being accessible whenever you need it! Community Bank. Bank Standard Savings account if. Shouldn't business banking be easy? With Republic Bank's MoneyManager™ Free Business Checking it is. CIT Bank charges no monthly fee for this account, which further boosts its value. See Bankrate expert reviews on banks that offer competitive money market accounts, savings accounts, CD rates, and more. $100 minimum to open. The deposits can be cumulative, they don't need to be all at once. Minimum balance: $1,000. This means that the federal government has insured your money should anything happen to the bank holding your funds. Our Select Plus Money Market Account rewards you with a higher interest rate when you have a HomeTrust checking account with an automatic withdrawal or Direct Deposit. With minimal fees and an extremely competitive yield, CIT Bank's money market accounts are ideal for savers of all kinds, especially those starting off with smaller amounts of funds. All the highest interest Savings rates and Money Market Accounts available nationwide for 2019. Please take a few moments to provide us with your contact information and an associate will contact you within 2 business days (unless it is a Federal holiday or weekend). ⁵Debit transactions on Money Market Accounts are limited by law. Other savings options may require money to be tied-up for a specific amount of time and may charge a penalty fee to make early withdrawals. 4BLEARN MORE on Virtual Bank's secure website VirtualBank has been a division of IBERIABANK since July 31, 2017 when it was sold by Banco de Sabadell. MONEY MARKET BENEFITS. With limited access via ATMs and preauthorized debits in addition to security and tiered interest, Money Market Savings is a great solution for the savvy saver. Available for in-footprint states, BBVA is offering you a chance to earn 1. Unlike regular money, it is relying on a system of trust and not issued by a central bank or other banking authority. 1 Federal regulation requires that all money market and savings accounts be strictly limited to a total of no more than six (6) transactions by check, draft, debit card or similar order payable to third parties and/or pre-authorized, automatic or telephone transfers from the account either to a third party or to another account (includes Online Banking transfers). Low minimum deposit to open ($100) Earns interest (paid monthly). Or worry about whether you're getting better rates on your money. 25 % Our free Now Account was created for individuals carrying larger monthly balances who do not use a debit card regularly. Electronic Communications, Transactions & Disclosures Consent for VirtualBank. Money Market Accounts. Or drive to the bank. Interest on High Yield Money Market Accounts is compounded and credited monthly. Northfield's Money Market accounts require higher minimum balances but pay much higher interest rates, with a tiered interest rate structure. Earn 5X the National Average Savings Rate. Ten free Online Bill Pay transactions per month; $0. , Member FDIC, and a wholly-owned subsidiary of BofA Corp. In order to do anything I have to call or go to the bank. Bank Standard Savings account if. **Overdraft Protection Plus service allows for AHB Savings, Money Market or Checking account to cover overdrafts on a designated AHB Checking account via an automatic transfer. We introduced a better money market that moves when Prime does to give you the best interest rates available. Shouldn't business banking be easy? With Republic Bank's MoneyManager™ Free Business Checking it is. ONLINE MONEY MARKET ACCOUNT TRUTH IN SAVINGS DISCLOSURE. Citizens Bank Platinum Money Market® This relationship money market account is available with Platinum Checking. 107 56 signed into law October 26, 2001)) requires all financial organizations to obtain, verify and record information that. Our money market accounts earn a competitive tiered rate of interest that is paid monthly. 25 % Our free Now Account was created for individuals carrying larger monthly balances who do not use a debit card regularly. The online division was launched earlier this year and decided to introduce itself by offering a strong rate on its inaugural product, the eAccess Money Market account. These rates apply to accounts opened online and by Phone24. Member FDIC. Learn more today! Online Money Market Accounts from Discover Bank, Member FDIC offer high interest rates and no hidden fees. Business Money Market. The contactless-enabled Union Bank® Debit Mastercard® offers you a convenient and secure way to access your money and make payments. This online bank originally launched with an interest earning checking account that had a leading rate for many years. Cash and funds from items drawn on earn. Access cash and/or transfer your money whenever you need it. Promotional rate is effective for 6 months from the opening date of a new Premier Money Market account. This disclosure contains the rules which govern your deposit account at MemoryBank, a division of Republic Bank & Trust Company. They are a division of Sabadell United Bank, N. It provides you with a high rate-of-return while maintaining the liquidity and convenience of a checking account. CIT Bank charges no monthly fee for this account, which further boosts its value. To get started please Contact Us. Other savings options may require money to be tied-up for a specific amount of time and may charge a penalty fee to make early withdrawals. Whether you're balancing out your financial endeavors or just trying to grow your hard-earned money, a Money Market account is the right liquid option between a traditional savings account and a certificate of deposit. Compare Ally Bank's Online Savings Account rates & Money Market Account rates with the competition. Standard eMoney Market rates are disclosed on the Rates page. Have questions about our Money Market Account? Call us at 877-346-2756. A Business Money Market account from Northway Bank is a secure holding place for your extra operating cash. Savings Hey money, stop slacking and get back to work! westbury bank Savings Accounts put your money to work for you. 38 Best New Bank Account Promotions & Offers - October 2019. Expert Bank Reviews. Investors eAccess offers an online-only Money Market Account with no hidden fees and great rates. See the Image Pricing Detail in the PNC Bank Online section of the Consumer Schedule of Service Charges and Fees. applicable to both huntington relationship money market account and checking accounts: fees may reduce earnings on the account. Platinum Select Money Market Savings eligibility - A U. A High Yield Money Market Account is a savings account with a variable interest rate. It is the actual bank or institute you should be in fear of taking your money if you also have a credit card through the same bank. Have questions about our Money Market Account? Call us at 877-346-2756. GOBankingRates named Sallie Mae as one of the top online banks, recognizing its products' high interest rate and no monthly fees. They invest in very safe fixed-income. Advantage Money Market Account Rates. $50 opening deposit. We offer a variety of savings accounts, options, and tools so it's simple to do just that. Premium tiered interest rates paid on balances of $50,000 and up. First Merchants Bank is the largest financial services holding company in Central Indiana, commercial banking, credit card services, mortgage, trust services Personal Money Market Savings Special | First Merchants Bank. About CIT Bank CIT Bank is an internet bank with no physical branches. Here are the best online savings accounts from Bankrate for 2019: If you are looking for a low-risk way to save money over a long period of time, high yield savings accounts may be a good option. 1 The Banking Benefits - Deposit Introductory program offers a high yield fixed Introductory Rate during the first 12 statement cycles after opening a new Consumer Money Market Savings account with State Farm Bank. *Visit your local Century Bank branch for information on interest rates. Please note that if you exceed this limit 3 times in 12 months, your account may be closed. The bank offers three different types of savings products on its personal banking side, including Money Market and savings accounts, and Certificates of Deposit (CDs). (Regulations limit the number of transfers that can be made on savings and on money market accounts during the calendar month or statement cycle. Premium Money Market. However, you're typically going to find the best money market accounts at online banks. Withdrawals from an ATM made using a 360 Money Market Card are limited to $1,000 per day. 107 56 signed into law October 26, 2001)) requires all financial organizations to obtain, verify and record information that. Interest accrues and compounds daily and is credited monthly. Investors eAccess offers an online-only Money Market Account with no hidden fees and great rates. Available exclusively as an online money market account, we make saving easy and offer an exclusively higher interest rate than a traditional money market account! However you access the web, whether on your phone, tablet, or laptop, apply and reap the rewards of our Internet Money Market. This is a key benefit of a money market account because when tax time comes, you "can simply write a check when the IRS wants the money," Becker says. A money market fund is a kind of mutual fund that invests only in highly liquid instruments such as cash, cash equivalent securities, and high credit rating debt-based securities with a short-term. On Money Market Accounts funds from items deposited other than cash or checks drawn on earn. Are money market accounts from Wells Fargo Bank federally insured?. The account features interest rates typically associated with Certificates of Deposit (CDs), without requiring you to tie up your money for months or years. Its CD rates are near the top of the market, and its introductory 1-year APYs--and. Fund your account with a minimum opening deposit of at least $15,000 in new money (funds transferred from another financial institution) within 20 days of the account opening date. Personal Money Market. Offer is valid for new US Bank accounts only, not subject to other business savings accounts, or savings account transfers into the U. Ten free Online Bill Pay transactions per month; $0. Bank Premium Business Money Market account, earn higher rates of interest on higher balances and receive an Earnings Credit when linked to a Premium Business Checking account. Explore the frequently asked questions you may have on checking, savings or retirement accounts. Premium Money Market High competitive rate of 1. The Axos Bank (formerly Bank of Internet) High-Yield Money Market Account is an online-only money market account that currently yields 1. So what do you gain by siding with an online bank's money market account, in addition to flexibility and check-writing capabilities? To answer that question, we have to look at the top 10 accounts for money market rates. At Columbia Bank, we believe that a savings account should be more than just a safe place to store your money – it's a place to plan for your future. Investors Bank. Do It Right. Call us at 866-959-BANK(2265) for current rates to see if an Advantage Money Market account is right for you and your savings goals. eMoney Market Special accounts must be opened with new money not currently held at VirtualBank. **Overdraft Protection Plus service allows for AHB Savings, Money Market or Checking account to cover overdrafts on a designated AHB Checking account via an automatic transfer. CIT Bank (1. If the minimum monthly balance falls below $2,500, a monthly service charge of $10 will be applied. Final Thoughts. The main difference is the way you access your money. Explore the frequently asked questions you may have on checking, savings or retirement accounts. Bank Platinum Checking Package with at least one common account holder on each account. BankDirect is an online banking subsidiary of Texas Capital Bank, which bills itself as "the best business bank in Texas. Are money market accounts from Wells Fargo Bank federally insured?. Like other money market accounts, you're allowed to make six withdrawals or transfers from your CIT Bank account for each statement cycle. $50 opening deposit. Nationwide Bank is the banking arm of Nationwide Insurance. A money market account can be a great place to park your savings, your emergency fund, your down payment for your house, or any other large sum of cash. You can earn a slightly higher yield with the Smart Savings account, but you won't get free access to these benefits:. Easy access to your funds with six (6) free withdrawals per month. The Bank is not responsible for nor does it endorse any content, products, privacy policies, or security provided by the web site you are about to enter. 80% APY for balances between $2,500 - $99,999; Easy online transfers from an existing bank account into your Money Market account. Benefits include no monthly maintenance fee, free checks and access to Platinum standard and promotional rates. Money market accounts have also traditionally offered better access to your money, either through check-writing privileges or an ATM card. Notice to Customers. AmTrust Bank. 1 billion in total assets as of June 30, 2019. Business Money Market. MONEY MARKET BENEFITS. Get the Commerce Bank Money Market Rate. Online bank accounts from Discover include no hidden fees, 24/7 U. Premium tiered interest rates paid on balances of $50,000 and up. Fees may reduce earnings on the account. The more you save, the more you earn. 45% APY - 3/13/2019. Learn more. I know the market tanked and interest rates have gone down since then, but i wish banks would still pay a decent rate to use our money since they still charge us a high rate to use theirs. We are providing this link for your convenience. Find out how your can earn more for your business today. Best Money Market Accounts of 2019. The best money market rates help you grow your bank account balance faster than average rates. Learn more about our Money Market Account online. we reserve the right to limit acceptance of deposits greater than $2,000,000. Do It Right.