Zions Bank with One of the Best Money Market Rates at 2.84% APY
The Zions Bank still continues to offer their Internet Money Market that gains 2.84% APY on all tiers. Earnings are compounded on a daily basis and are credited to the account on a monthly basis. This includes check writing.
The money market account must have a balance of not less than $2500 to earn an interest. One must remember that the rate printed is a variable rate and may change any time.
The account allows unlimited withdrawals in person, mail, messenger, or by ATM. It limits transfer of funds to six per statement cycle. A $3 fee is collected if the account holder goes in excess of 3 telephone transfers on a monthly basis.
The MMA does not impose any monthly service charge and does not collect ATM fees nationwide. Checks will also be included when the bank sends the consumer the new account package.
Interested individuals may apply online or call the bank’s customer service line for the specifics.
The Zions Bank is under the umbrella of Zions Bancorporation which operates across the Western States including Washington, Utah, Texas, Oregon, New Mexico, Idaho, Nevada, Colorado, California, and Arizona.
Its main office is located in Salt Lake City in Utah. The bank is insured with the FDIC.
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