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Business Money Market

Business Money Market Reviews

©Guy Cali

 

With a Business Money Market Account from Fidelity, your business can have quick liquid access to your cash just like a checking account, while still earning rates competitive with CDs. Avoid the monthly service charge by maintaining a balance of $2,500 or more and enjoy up to six withdrawals per month.

Account Details

Minimum daily balance   $2,500.00
Monthly service charge   $15.00 if daily balance falls below $2,500.00.
Minimum to open   $1,000.00
Interest paid on account   Yes. Interest compounded and credited to account monthly on balances that are $2,500 or greater.
Check limit per cycle   Regulation D Transaction Limitations apply.1
Statement cycle   Monthly
Eligibility   Any business
Per item costs   None
Services offered   Fidelity at Work
Fidelity Visa ® Check Card
Free Online Banking
Free Personal Wealth Management Consultation
Free Remote Deposit *
Free Web Bill Pay **
Special notes  
1 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 per calendar month.

Overdraft Protection available

* $25,000 average balance required

** When at least two (2) bills are paid online per month