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Highlights
APY (Annual Percentage Yield)
Minimum Balance to Earn APY
Minimum Opening Deposit
First Premier Bank Money Market Account Review
Key Takeaways
- Very high annual percentage yield (APY). This account offers an annual percentage yield of up to 0.12%, 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.
- No monthly maintenance fees. This account does not charge any monthly account fees.
- $500 minimum deposit. This is a typical minimum initial deposit, but there are accounts that require a smaller initial deposit.
Pros & Cons of First Premier Bank Money Market Account
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First Premier Bank Money Market Account FAQ
Are money market accounts from First Premier Bank federally insured?
What are the interest rates for First Premier Bank money market rates?
| Rates | Amount |
| APY (Annualized Percentage Yield) | 0.01% - 0.12% |
What are the fees for First Premier Bank Money Market Account?
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| Monthly Maintenance Fee | $0 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
What is the minimum balance for First Premier Bank money market?
What features and perks does First Premier Bank money market offer?
- Check Writing - First Premier Bank money market includes check writing privileges. This is convenient method to pay bills and transfer money from your account.
- Fraud monitoring - First Premier Bank monitors transactions for potentially fraudulent activity.
- Mobile Banking Services - First Premier Bank money market allows you to manage your money through online banking and a dedicated mobile app.
What is the customer service phone number?
What is the support contact email?
How to open an account with First Premier Bank
- Visit the First Premier 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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