Start earning interest with a balance of at least $500 (maintain $2500 to avoid fees). Interest tiers are stepped at $25K, $100K and $500K. The account is insured by the FDIC.Current Interest Rates
Money Market transactions are federally regulated to no more than six (6) convenience withdrawals per monthly cycle.
To avoid the limits, consider the following:
Fees: Over-the-limit withdrawals cost $10 each. A balance-requirement fee of $8 per month is imposed unless a current balance of at least $2500 is maintained at all times.
Money Market and Savings accounts are considered to be non-transaction accounts. Federal regulations limit the number of convenience withdrawals on non-transaction accounts.