Money Market Accounts
Looking to earn more at a great rate while keeping your money accessible? This tiered-rate account was made for you!
Get the best of both worlds – the earnings of a savings account with the liquidity of a checking account!
Why a Money Market Account?
With a Money Market Account, you get the best of both worlds – the earnings of a savings account with the liquidity of a checking account!
Account Details:
- $1,000 balance to open account
- Daily balance earns interest
- No minimum balance charges
- Personal loan discount1
- Limited number of debit transactions allowed per statement cycle2
Daily Balances Earn Interest
- Daily balance of $0 - $999.99 earns 0.15% APY3
- Daily balance of $1,000.00 - $9,999.99 earns 0.20% APY3
- Daily balance of $10,000.00 - $49,999.99 earns 0.70% APY3
- Daily balance of $50,000.00 - $99,999.99 earns 0.80% APY3
- Daily balance of $100,000.00 - $299,999.99 earns 1.75% APY3
- Daily balance of $300,000.00 - $499,999.99 earns 2.25% APY3
- Daily balance of $500,000.00 - $999,999.99 earns 2.75% APY3
- Daily balance of $1,000,000.00 - $1,999,999.99 earns 3.50% APY3
- Daily balance of $2,000,000.00 and up earns 4.00% APY3
Disclosures
1 Subject to credit approval. Discount applies with automatic payment from your BankWest deposit account.
2 This money market account is a limited transaction account subject to an Excess Transaction Fee of $10.00 for each debit transaction in excess of 10 within a statement cycle. These transactions include pre-authorized transfers, including Overdraft Transfer; telephone transfers; electronic transfers; online and mobile banking transfers; debit card, check or draft, ACH transactions; and wire transfers.
3 Annual Percentage Yield. APYs accurate as of May 1, 2024. Rates subject to change without notice. Fees may reduce earnings on account. Restrictions may apply.
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