Money Market Account
You have some savings, but you want a better interest rate. And greater liquidity would be nice too. If that's your situation, then an SBI Money Market Account is clearly for you.
Tiered interest grants higher rates for larger balances, rewarding you even more for good savings habits. You also gain the ability to write checks directly from this account for greater flexibility.
- Summary
- Tiered interest structure; higher rates on larger balances
- Direct check writing ability*
- $10 monthly service charge waived on balances of $2,500+
- $100 minimum deposit to open
- Free online banking
- Free 24-hour telephone banking
- Free ATM card
- FDIC insured
*Up to six third party transfers per monthly statement cycle are free. $10 service charge for each transaction in excess of six.
