
City National Bank Ladder Money Market Account
Not enough votes for recommendation
Would you recommend City National Bank Ladder Money Market Account to your friends?
APY (Annual Percentage Yield) |
0.05% - 0.15% (Verified 08/04/2023) |
Minimum Balance to Earn APY | N/A |
Minimum Opening Deposit | Starting at $10,000 |
City National Bank Ladder Money Market Account Review
City National Bank Ladder Money Market Account is offered by City National Bank, a bank founded in 1972 and based in Beverly Hills, CA. City National Bank Personal money market are available in 6 states (and Washington, DC).
Key Takeaways
- Very high annual percentage yield (APY). This account offers an annual percentage yield of up to 0.15%, which is much higher than the national average for a money market account.
- No APY minimum balance. There is no minimum amount you have to deposit to start earning interest with this money market account.
- Charges a monthly fee. This account charges a monthly service fee of up to $25, but the fee is waived if you keep a minimum balance of $10,000.
- High minumum opening deposit. You must deposit a minimum of $10,000, which is high compared to most money market accounts.
Pros & Cons of City National Bank Ladder Money Market Account
Pros | Cons |
---|---|
|
|
City National Bank Ladder Money Market Account FAQ
Are money market accounts from City National Bank federally insured?
Yes, your deposits are insured up to $250,000 per person by the Federal Deposit Insurance Corporation (FDIC). The FDIC is an independent agency of the United States government that protects you against the loss of your insured deposits if an FDIC-insured bank or savings association fails. FDIC insurance is backed by the full faith and credit of the United States government.
What are the interest rates for City National Bank Personal money market rates?
City National Bank Personal money market offers an APY starting at 0.05% and ranging up to 0.15% (APY stands for annual percentage yield, rates may change).
Rates | Amount |
---|---|
APY (Annualized Percentage Yield) | 0.05% - 0.15% |
What are the fees for City National Bank Ladder Money Market Account?
This account charges a monthly maintenance fee of up to $25. You can avoid this fee by maintaining a balance of $10,000. City National Bank will charge you a $15 fee if you exceed your maximum number of monthly transactions.Fees | Amount |
---|---|
Monthly Fee | up to $25 |
Paper Statement Fee | N/A |
Excess Transaction Fee | $15 |
What is the minimum balance for City National Bank Personal money market?
Minimum deposit of $10,000. You must make an initial deposit of at least $10,000 to open this account.
Monthly maintenance fee waiver. You can avoid the monthly fee if you keep a balance of $10,000.
What features and perks does City National Bank Personal money market offer?
This account includes the following features:
- Fraud monitoring - City National Bank monitors transactions for potentially fraudulent activity.
- Mobile Banking Services - City National Bank Personal money market allows you to manage your money through online banking and a dedicated mobile app.
What is the customer service phone number?
The customer service number for this account is (800) 773-7100.
What is the support contact email?
The support contact email for this business credit card is contact@cnb.com.
How to open an account with City National Bank
- Visit the City National Bank website.
- Fill in the application form. You will typically need to provide general financial information, such as your name, Social Security Number and address.
- Check the information is accurate and submit your application.
Contact
- Headquarters
-
400 North Roxbury Drive
Beverly Hills, CA 90210 USA - (800) 773-7100
- Visit Site
- Email Support
Other Services by City National Bank
Other Money Market Accounts by City National Bank
Availability
- California
- Georgia
- Minnesota
- Nevada
- New York
- Tennessee
- Washington, DC
Feature Breakdown
Minimum Balance to Avoid Monthly Fee | Starting at $10,000 |
Minimum Opening Deposit | Starting at $10,000 |
Be the first to rate
Would you recommend City National Bank Ladder Money Market Account to your friends?
- Branch Banking and Trust Company Money Market Account
- Community First Bank Of Washington Money Market Account
- Credit Union of Southern California Money Market Account
- Exchange Bank of California Personal Money Market
- MEMBERS1st Community Credit Union Money Market
- Mohave Community FCU Money Market Saver Account
- OptimumBank Money Market Account
- Sierra Central CU Money Market Accounts
- SunTrust Bank Money Market Account
- TD Growth Money Market
- Tyndall Money Market Account
- Water and Power Community CU Money Market Accounts