Nationwide Bank has money market accounts with a rate of 1.8% annual percentage yield (APY). Money market accounts at the bank require a minimum opening deposit of $1,000. Other features of money markets at Nationwide Bank include:
- No monthly maintenance fee with $1,000 minimum daily balance
- Free money transfers between Nationwide Bank and other banks
- Free accees to over 37,000 Allpoint ATMs and 400,000 Visa/PLUS ATMs around the U.S.
- Two free ATM transactions a month at non-Nationwide banks
- Insured by the Federal Deposit Insurance Corp. (FDIC)
Money markets include free online banking, as well as online statements. However, transactions can also be completed by phone, at ATMs, and by mail.
You are allowed up to six pre-authorized withdrawals during each monthly statement cycle including telephone or electronic transfers, check or point-of-sale transactions. This limit does not apply to the number of withdrawals you can make at an ATM, by mail, or at a Nationwide branch.
You also can request that money markets be linked to checking accounts for overdraft protection. A fee is assessed to the checking account on any day that overdraft protection is used.
- 6 Month CD 0.60 %
- 1-year CD 0.92 %
- 2-year CD 1.47 %
- Money Market Account 0.37 %
- Savings Account 0.60 %
- 30-year Fixed Mortgage 4.27 %
Bank rates provided by MoneyRates.com based on average rates for deposits under $10K and conforming mortgage rates
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