Money Market Accounts : TotalDirectBank

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5.26%APY¹

^{for balances $2,500 and over}

By keeping our costs low, we consistently deliver higher rates to our clients.

A $25,000 minimum deposit via ACH is required to open an account. The maximum amount allowed per client is $1,000,000.

¹ Interest Rates and Annual Percentage Yields (APYs) accurate as of 08/14/2023 are: 0.00% APY for Balances of $0.01 - $2,499.99; 5.26% APY for Balances of $2,500 - $249,999.99; 5.26% APY for Balances of $250,000 or more. $25,000 minimum deposit to open. Rates subject to change without notice. Fees may reduce account earnings. A valid email address and Online Banking enrollment are required to open and maintain an account. No transactions allowed by debit card or by check. Please refer to the most current Disclosure & Schedule of Fees for more details.

²Certain transaction and service charges may apply. Refer to Disclosure & Schedule of Fees.

Direct Money Market Deposit Account

For a high rate on your deposits while keeping your money within reach, the Direct Money Market Deposit Account is the right choice for you.

Earn one of the highest rates on the market.

5.26% APY¹^{for balances $2,500 and over}

OPEN ACCOUNT

Your Direct Money Market Deposit Account:

Grow your money faster with compounded interest
Online transfer of funds using your external bank account
FDIC insurance up to the maximum allowable
Unlimited deposit transactions, and up to six withdrawals and transfers per month
$0 Monthly Maintenance Fee²

TotalDirectBank can conduct business anywhere in the US with the exception of Florida, Puerto Rico, American Samoa, Guam, Northern Mariana Islands and US Virgin Islands. A valid state issued ID or U.S. passport is required to open an account.

Please note: There is a seven business day hold on funds availability the first time you initiate a deposit from an external account to your TotalDirectBank account via Automated Clearing House (ACH). This is designed to help protect you from potentially fraudulent activities. During this seven business day period, we’ll verify the transaction and ensure that the funds are available and legitimate before releasing them into your account. After the initial deposit, future ACH deposits from the same external account will not be subject to this hold period, and the funds will be available on the day we receive the deposit.

Money Market Accounts

5.26%APY1

5.26%APY¹