Frost Bank Money Market Account
in Money Market Accounts from Frost BankUnaffiliated
|APY||0.40% - 1.21%|
Frost Bank Money Market Account Review
Frost Bank Money Market Account is offered by Frost Bank, a bank founded in 1868 and based in San Antonio, TX. Frost Bank Money Market Account is offered in 1 state across the USA.
Are money market accounts from Frost Bank federally insured?
Yes, your Frost 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 Frost Bank Money Market Account rates?
Frost Bank Money Market Account offers an APY starting at 0.40% and ranging up to 1.21% (APY stands for annual percentage yield, rates may change).
|APY (Annualized Percentage Yield)||0.40% - 1.21%|
What are the Frost Bank Money Market Account fees?This account charges a monthly maintenance fee of up to $15. You can avoid this fee by maintaining a balance of $15,000. Frost Bank will charge you a $10 fee if you exceed your maximum number of monthly transactions.
Federal regulations limit the number of transactions you can make from your money market account to six per month.
|Monthly Fee||up to $15|
|Paper Statement Fee||N/A|
|Excess Transaction Fee||$10|
What is the minimum balance for Frost Bank Money Market Account?
No minimum initial deposit. Frost Bank does not require a minimum initial deposit to open an account.
Monthly maintenance minimum balance of $15,000. You can avoid the monthly fee if you keep a minimum balance $15,000.
What features and perks does Frost Bank Money Market Account offer?
This account does not seem to offer any of the features and perks we track.
How to open an account with Frost Bank
- Visit the Frost 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.