With our Premier Money Market Account, you’ll experience all the conveniences of a traditional checking account, but with the added advantage of tiered interest rates that can offer higher returns for larger balances compared to a standard savings account. Additionally, unlike certificates of deposit (CDs) that lock your money for a set period, you can access your funds anytime, providing both flexibility and financial growth.
Account Highlights
Benefits
- Interest-Bearing Account1*
- 6 Free Debit Transactions Per Month
- Unlimited ACH and ATM transactions and Online Banking Transfers2
- FDIC insured
Additional Conveniences
- Free Debit Card
- Online Banking
- E-Statements3
Requirements
- $2,500 Minimum Opening Balance
- $2,500 Minimum Daily Balance4
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Upgrading to a to an interest bearing premium checking account offers various perks for added convenience.
Sign up for Cash RoundUp®, and every time you use your debit card, your rounded-up change will automatically transfer to your money market account, helping your savings grow effortlessly! Simply use your debit card, and we'll handle the rest by rounding up each transaction to the nearest dollar and depositing the difference into your money market account. It's the perfect way to boost your savings while enjoying the benefits of a money market account.
May be subject to additional terms and conditions.
Money Market FAQ's
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Our Premier Money Market account requires a minimum deposit of $2,500 or more to open. If your account balance falls below $2,500.00 on any day in the statement cycle, your account will be subject to a $15.00 service charge for that statement cycle.
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- Higher interest rates: Money market accounts typically offer higher interest rates than traditional savings accounts, which means your money can grow faster.
- Liquidity: Money market accounts are highly liquid, meaning you can easily access your funds when you need them.
- Safety: Money market accounts are generally considered to be low-risk investments and are FDIC insured, so you can feel secure that your money is safe.
- Check writing capabilities: Money Market accounts come with check-writing capabilities, which can be convenient for paying bills or making purchases.
- Low minimum deposit.
- Online banking: We make it easy to manage your account, deposit, withdraw and transfer money.
- Tiered interest rate: Which means the more you deposit the more interest you earn.
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Money market accounts offered by FDIC-insured banks are insured up to $250,000 per depositor, per bank.
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- Excess debit charge of $3.00 per item in excess of six (6) per statement cycle for checks, debit card transactions, in-person transfers, and telephone transfers completed by an employee.
- Paper statements are available for $5 per statement cycle.
- If your account balance falls below $2,500.00 on any day in the statement cycle, your account will be subject to a $15.00 service charge for that statement cycle.
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Federal regulations limit the number of certain types of withdrawals and transfers from a money market account to six per month. There is and excess debit charge of $3.00 per item in excess of six (6) per statement cycle for checks, debit card transactions, in-person transfers, and telephone transfers completed by an employee.
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A money market account offers greater liquidity and flexibility, allowing you to access your funds at any time, with the ability to write checks and use a debit card. In contrast, a certificate of deposit (CD) typically has a fixed term, ranging from a few months to several years, during which you cannot access your money without incurring an early withdrawal penalty. CDs usually offer higher interest rates compared to money market accounts, making them a better option for long-term savings
Moving Your Money Has Never Been Easier
Switching banks doesn’t have to be a hassle. We make the process seamless — and painless. Make Guaranty your bank and don’t miss a single automatic payment, have one debit card transaction denied, or lose any opportunity to earn interest on your savings.
1For current interest rate information, please call 888-572-9881 or come by any Guaranty Bank & Trust location.
2Excess debit charge of $3.00 per item in excess of six (6) per statement cycle for checks, debit card transactions, in-person transfers, and telephone transfers completed by an employee.
3Paper statements are available for $5 per statement cycle.
4If your account balance falls below $2,500.00 on any day in the statement cycle, your account will be subject to a $15.00 service charge for that statement cycle.
*APY = Annual Percentage Yield. Minimum opening deposit is $2,500.00. If the account balance falls below $2,500.00 on any one day in the statement cycle, the account will be subject to a $15.00 service charge. The interest rate and annual percentage yield for your account depend on the applicable rate tier. A minimum balance of $2,500.00 is required to earn interest. Fees could reduce earnings. This account product is not available to and does not apply to entities which are banks, credit unions, financial institutions, investment firms or other institutional investors. Additional terms and conditions may apply; contact bank for details.