Zions Bank Money Market Accounts
Category: Money Market Rates- fhuff- 1:26 pm/ August 3, 2009Zion Bank has Internet money market accounts with one of the best rates in the country this week. The bank is offering money market rates of 1.46% annual percentage rate (APY) for a minimum deposit of $1,000. To receive the APY, money market accounts must have a balance of at least $2,500. Money market interest rates are compounded daily and paid monthly.Other details of the offer include:
- Variable interest rate
- Unlimited withdrawals in person, by ATM, by mail, or by messenger
- A maximum of six transfers during each 30 day cycle by telephone, Internet, pre-authorized transfer, or automatic transfer
- $5 fee for withdrawals at a teller window
- No monthly maintenance fees
- Nationwide network of surcharge-free ATMS
Customers who open Zions Bank money market accounts also have check-writing privileges. However, you will be restricted to three check transactions per month. You can also make three free telephone transfers per month, but more than that will result in a fee of $3 per transfer.
Zions Bank has been in business since 1873 and is one of the oldest banks in the western part of the U.S. Money market accounts are insured by the Federal Deposit Insurance Corporation (FDIC) for up to $250,000 per account holder.
- 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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