Platinum Business Money Market Savings
A higher interest yielding savings account with an increased minimum balance. Enjoy up to 6 withdrawals per month and unlimited deposits.
Maximize your earnings with this higher-yielding savings account
- Earn interest on monthly average balance
- Up to 6 withdrawals and unlimited deposits per month
- Minimum opening deposit is $100,000.
- $20.00 monthly service charge if balance falls below $100,000.
Interest Rate
*Effective as of 1/27/2021
| Account | Min. Balance to Obtain APY1 | Interest Rate | APY2 |
|---|---|---|---|
| Platinum Business Money Market | up to $99,999.99 | 0.15% | 0.15% |
| $100,000 - $249,999.99 | 0.20% | 0.20% | |
| $250,000 - $499,999.99 | 0.30% | 0.30% | |
| > $500,000 | 0.40% | 0.40% |
1Minimum balance to obtain APY refers to the amount of the principal in the account each day. Interest is compounded daily and paid monthly or quarterly, based on account type.
2The interest rate and Annual Percentage Yield (APY) may be subject to change after account opening.
2The interest rate and Annual Percentage Yield (APY) may be subject to change after account opening.
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