You'd like to make your savings work harder for you but you still need easy access to your funds. A Personal Money Market can offer you a unique blend of Savings and Checking with higher interest than a traditional savings account and the liquidity to write a small number of checks each month. It only takes $2,500 to open, and features low or no service fees, depending on your balance.
* Fees may reduce earnings. APY (Annual Percentage Yield) may change at any time, including after account is opened. Regulation D Transaction limitations – preauthorized transfers including Electronic Fund Transfers, Overdraft Protection linked to 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.
We opened our daughter's first savings account at Fidelity. It was a pleasure from start to finish, not to mention the nice child themed "green team" items they supplied which really show the children how important it is to save. We love Fidelity!