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Commerce Bank myRewards Money Market Account

in Money Market Accounts from Commerce Bank · Member fdic

Unaffiliated

Commerce Bank myRewards Money Market Account

Unaffiliated

in Money Market Accounts from Commerce Bank · Member FDIC

Not enough votes for recommendation

Highlights
APY (Annual Percentage Yield)	0.01%
APY Minimum Balance	$100
Minimum Opening Deposit	Starting at $0

Commerce Bank myRewards Money Market Account Review

Commerce Bank myRewards Money Market Account is offered by Commerce Bank, a bank founded in 1865 and based in Kansas City, MO. Commerce Bank myRewards Money Market Account is available in 11 states across the USA.

Commerce Bank myRewards Money Market Account FAQ

Are money market accounts from Commerce Bank federally insured?

Yes, your Commerce Bank money market accounts 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 Commerce Bank myRewards Money Market Account rates?

Commerce Bank myRewards Money Market Account Rates and Terms
Rates	Amount
APY	0.01%

Commerce Bank myRewards Money Market Account offers an APY of up to 0.01% (APY stands for annual percentage yield, rates may change).However, to earn interest you must keep a minimum balance of $100.

What are the Commerce Bank myRewards Money Market Account fees?

This account charges a monthly maintenance fee of up to $6. You can avoid this fee by maintaining a balance of $500.

Commerce Bank myRewards Money Market Account Fees
Fees	Amount
Monthly Fee	up to $6
Paper Statement Fee	N/A

What is the minimum balance for Commerce Bank myRewards Money Market Account?

No minimum initial deposit. Commerce Bank does not require a minimum initial deposit to open an account.

Monthly maintenance minimum balance of $500. You can avoid the monthly fee if you keep a minimum balance $500.

Interest rate minimum balance of $100. You must keep the account balance above $100 to earn interest.

What features and perks does Commerce Bank myRewards Money Market Account offer?

This account includes the following features:

Fraud monitoring - Commerce Bank monitors transactions for potentially fraudulent activity.
Mobile Banking Services - Commerce Bank myRewards Money Market Account allows you to manage your money online.

How to open an account with Commerce Bank

Visit the Commerce 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.

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