Zions Bank offers their best interest rates of 1.16% APY for all tiers of their money market account. The current interest rates are a bit lower compared to the previous months but they remain to be a very competitive money market rates compared to other banks.

This money market deal is an internet account with earnings being compounded on a daily basis and paid every month.

You will never miss the current interest rate for this money market account since you will find it on big fonts at the bank’s website. You can also click a link to an online application for the money market account. Interested consumers can open an account with a minimum deposit of $1,000.

The interest rate has an old date of February 22 so it will be best to check with the bank first for the latest figures before signing up for anything.

Like other money market deals, you are limited to six takeouts for this one. Anything that goes beyond the allowed transactions will cost you a certain fee. There is also a $3 fee when you withdraw over the counter. The bank does not collect any monthly service fees.

You can call the bank through 1866-761-8349 to find out more about their line of products and services. Funding for the money market account can be sent as check via mail.

Zions Bank operates under the umbrella of Zions Bancorporation which has offices in Mexico, Colorado, Oregon, Nevada, Idaho, Washington, Arizona, Utah, Texas, and California.

The bank’s headquarter is located in Salt Lake City, Utah. The bank is covered by the FDIC.