Hancock Whitney Money Market

Hancock Whitney Money Market Review

Hancock Whitney Money Market is offered by Hancock Whitney Bank savings accounts, a bank founded in 1899 and based in Gulfport, MS. Hancock Whitney Money Market are available in 50 states (and Washington, DC).

Key Takeaways

• Low annual percentage yield (APY). The maximum annual percentage yield for this account is only 0.03.
• 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 $10, but the fee is waived if you keep a minimum balance of $2,500.
• High minumum deposit. You must deposit a minimum of $2,500, which is high compared to most money market accounts.

Pros & Cons of Hancock Whitney Money Market

Pros	Cons
Available in all 50 states. Does not offer mobile check deposits.	No signup bonus. Does not provide a debit card. Monthly service charge.

Hancock Whitney Money Market FAQ

Are money market accounts from Hancock Whitney 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 Hancock Whitney money market rates?

Hancock Whitney money market offers an APY starting at 0% and ranging up to 0.03% (APY stands for annual percentage yield, rates may change).

Hancock Whitney money market Rates and Terms

Rates	Amount
APY (Annualized Percentage Yield)	0% - 0.03%

What are the fees for Hancock Whitney Money Market?

This account charges a monthly maintenance fee of up to $10. You can avoid this fee by maintaining a balance of $2,500.

Hancock Whitney Bank will charge you a $15 fee if you exceed your maximum number of monthly transactions.

Hancock Whitney Money Market Fees

Fees	Amount
Monthly Fee	up to $10
Paper Statement Fee	N/A
Excess Transaction Fee	$15

What is the minimum balance for Hancock Whitney money market?

Minimum deposit of $2,500. You must make an initial deposit of at least $2,500 to open this account.

Monthly maintenance fee waiver. You can avoid the monthly fee if you keep a balance of $2,500.

What features and perks does Hancock Whitney money market offer?

This account includes the following features:

• Check Writing - Hancock Whitney money market includes check writing privileges. This is convenient method to pay bills and transfer money from your account.
• Fraud monitoring - Hancock Whitney Bank monitors transactions for potentially fraudulent activity.

What is the customer service phone number?

The customer service number for this business card is (800) 448-8812.

What is the support contact email?

The support contact email for this business credit card is contactservicecenter@hancockwhitney.com.

How to open an account with Hancock Whitney Bank

• Visit the Hancock Whitney 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.