
Commercial Money
Market Account
With a minimum balance of $500.00, you can open a commercial money market
account (MMA) at BankDirect.
Like the personal money market account, the commercial MMA provides you with
some flexibility to transfer money between accounts and/or make a withdrawal.
And you can earn more money with one of the highest rates around.
-
No Fees
-
Interest compounded (credit method) daily
-
Interest paid on collected balances of $10,000.00 and greater
-
MMAs are allowed six (6) transactions per month, three (3) of which can be
withdrawals (checks)
-
$10.00 charge per transaction for excess transactions
-
First order of checks free (50-pack)
Due to the transaction limitations noted above, Online Bill Pay and debit cards
are not available to Money Market Account holders.
|
Get more details on how to open a
commercial MMA account.