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Money Market Savings Account
MINIMUM DEPOSIT TO OPEN | INTEREST EARNED | Fees |
---|---|---|
$50 |
Yes |
Yes |
Overview
A money market account offered by CIBC Bank USA that earns a competitive interest rate and provides liquidity and easy access to your money.
Key Features
Earns a tiered interest rate.
- Unlimited number of withdrawals made in person or at an ATM
- No minimum withdrawal amount
- Monthly account statement includes free check images
- No checking account required
Interest earned
Variable interest rate and Annual Percentage Yield (APY).
Interest compounded and credited monthly.
Interest rate tiers: $0.01 to $2,499.99; $2,500 to $49,999.99; $50,000 to $99,999.99; $100,000 and greater.
Fees
$15 fee per monthly statement cycle if the daily account balance falls below $2,500.