Compare Business Money Market Deposit Accounts
As your business grows, you need the ability to save and get the added advantage of earning interest.
Business Money Market |
Business Reward Money Market Savings |
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Ideal If You're Looking For...
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A return on high balances and limited check-writing capabilities | A way for your large business to grow the funds it does not need to access regularly |
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Interest
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Yes; any minimum daily balance to earn interest, variable and tiered interest rates compounded daily. | Yes; any minimum daily balance to earn interest, variable and tiered interest rates compounded daily. |
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Monthly Service Fee
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A monthly service fee (currently $30) will apply if $15,000 required minimum average daily balance is not maintained. | A monthly service fee (currently $30) will apply if $15,000 required minimum average daily balance is not maintained. |
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Minimum Opening Deposit
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$5,000 | $10,000 |
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Additional Details
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Maximum of six debits per statement cycle1 | Maximum of six debits per statement cycle.1 Checks are not available with this account. |
| Maximum of six debits per statement cycle2 | Maximum of six debits per statement cycle3. Checks are not available with this account. | |
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FDIC Insurance
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To Legal Maximum |
To Legal Maximum |
1Certain types of withdrawals and transfers are limited to a combined total of six per statement cycle. Fees will apply if limit is exceeded and your account could be converted to another type of account that may no longer earn interest.