Nationwide Money Market Plus Review

Nationwide Money Market Plus is offered by Nationwide, a financial services company founded in 1926 and based in Columbus, OH. Nationwide Money Market Plus is available in 49 states (and Washington, DC).

Are money market accounts from Nationwide federally insured?

No, your Nationwide money market accounts are not insured by a federal insurance agency. This means that if Nationwide were to fall into financial difficulties, your deposits are not covered by a government backed insurance fund like the FDIC or NCUSIF.

What are the Nationwide Money Market Plus rates?

Nationwide Money Market Plus Rates and Terms

Rates	Amount
APY	0.5%

Nationwide Money Market Plus offers an APY of up to 0.5% (APY stands for annual percentage yield, rates may change).However, to earn interest you must keep a minimum balance of $0.

What are the Nationwide Money Market Plus fees?

This account charges a monthly maintenance fee of up to $8. You can avoid this fee by maintaining a balance of $1,000.

Nationwide will charge you a $10 fee if you exceed your maximum number of monthly transactions.

Nationwide will allow you to make up to 6 transactions per month. That is also the maximum set by federal regulations for money market accounts.

Nationwide Money Market Plus Fees

Fees	Amount
Monthly Fee	up to $8
Paper Statement Fee	$5
Excess Transaction Fee	$10

What is the minimum balance for Nationwide Money Market Plus?

Minimum initial deposit of $1,000. You must make an initial deposit of at least $1,000 to open this account.

Monthly maintenance minimum balance of $1,000. You can avoid the monthly fee if you keep a minimum balance $1,000.

What features and perks does Nationwide Money Market Plus offer?

This account includes the following features:

• Mobile Banking Services - Nationwide Money Market Plus allows you to manage your money online. This includes depositing checks in your account with your smartphone.

How to open an account with Nationwide

• Visit the Nationwide 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.