Pacific City Bank VIP Money Market

Pacific City Bank VIP Money Market Review

Pacific City Bank VIP Money Market is offered by Pacific City Bank savings accounts, a bank founded in 2003 and based in Los Angeles, CA. Pacific City Bank VIP Money Market are available in 50 states (and Washington, DC).

Key Takeaways

• 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 $20, but the fee is waived if you keep a minimum balance of $20,000.
• High minumum deposit. You must deposit a minimum of $100,000, which is high compared to most money market accounts.

Pros & Cons of Pacific City Bank VIP Money Market

Pacific City Bank VIP Money Market FAQ

Are money market accounts from Pacific City Bank federally insured?

Yes, your deposits are insured up to $250,000 per person by the Federal Deposit Insurance Corporation (FDIC #57463). 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 Pacific City Bank VIP Money Market rates?

What are the fees for Pacific City Bank VIP Money Market?

What is the minimum balance for Pacific City Bank VIP Money Market?

Minimum deposit of $100,000. You must make an initial deposit of at least $100,000 to open this account.

Monthly maintenance fee waiver. You can avoid the monthly fee if you keep a balance of $20,000.

What features and perks does Pacific City Bank VIP Money Market offer?

This account includes the following features:

• Check Writing - Pacific City Bank VIP Money Market includes check writing privileges. This is convenient method to pay bills and transfer money from your account.
• Fraud monitoring - Pacific City Bank monitors transactions for potentially fraudulent activity.
• Mobile Banking Services - Pacific City Bank VIP Money Market allows you to manage your money through online banking and a dedicated mobile app. This includes depositing checks in your account with your smartphone.
• Nationwide ATM network - Pacific City Bank VIP Money Market allows you to access your money from an ATM, a convenient feature only a few offer.

What is the customer service phone number?

The customer service number for this business card is (213) 210-2000.

What is the support contact email?

The support contact email for this business credit card is info@paccitybank.com.

How to open an account with Pacific City Bank

• Visit the Pacific City 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.