If you are enjoying the benefits of Fidelity Choice Banking, the Choice Money Market account is an excellent tool for earning higher interest on your savings, while maintaining easy access to it. Plus, with only a $2,500 opening deposit, Choice Money Market offers low or no service fees.
Choice Money Market Account
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|Minimum opening deposit
|Minimum daily balance requirements
||$2,500 to obtain the Annual Percentage Yield (APY)*
|Monthly service charge
||$2,500 and over = $0
Below $2,500 = $15.00
|Interest paid on account
||Interest compounded and credited to account monthly.
Click here to view current rates.
||Any Fidelity Choice Banking customer1
*APY - Annual Percentage Yield
Fees may reduce earnings.
Rate may change at any time including after account is opened.
Regulation D Transaction Limitations – Preauthorized transfers including Electronic Fund Transfers, Overdraft Protection using a savings account, check, draft, debit card, point-of-sale or similar order made to a third party are limited to six (6) transfers from your account per calendar month.
1 Fidelity Choice Banking is defined as a Fidelity, Classic or Green Choice Checking account.
*Annual Percentage Yield (APY) valid as of 2/24/2014. Offer may change or discontinue at any time without notice. A Fidelity Choice Banking (Classic, Fidelity or Green Choice Checking) account is required. Advertised fixed rate is available when at least $10,000.00 of money not currently held at Fidelity Bank is deposited and maintained in the Fidelity Choice Money Market account each day. If balance falls below $10,000.00 or exceeds $999,999.99 during the promotional 6 month period, APY will convert to the following interest rate tiers: $0 - $2,499.99 = no interest; $2,500.00 - $9,999.99 = 0.10% APY; $10,000.00 - $999,999.99 = 0.75% APY; $1,000,000.00 + = 0.10% APY. At the end of 6 months, APY will revert back to current interest rate tiers which are: $0 - $2,499.99 = no interest; $2,500.00 - $24,999.99 = 0.10% APY; $25,000. oo + = 0.10% APY. If the Fidelity Choice Banking account is closed, your balance in the Choice Money Market Account will be transferred to our basic Money Market Account. Rates are variable and may change at any time. Fees may reduce earnings. May be reported to the IRS for tax purposes.