Sunrise Banks Money Market Account is no longer available to new customers on SuperMoney. Click here to compare and quickly find the best options for your needs.
Last Updated: 04/18/2025
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Sunrise Banks Money Market Account
Unaffiliated
from Sunrise Banks
Last Updated: 04/18/2025
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Highlights
APY (Annual Percentage Yield)
0.01% - 2%(Verified 06/21/2024)
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Minimum Balance to Earn APY
$1
Minimum Opening Deposit
Starting at $100
Sunrise Banks Money Market Account Review
Sunrise Banks Money Market Account is no longer available to new customers on SuperMoney. Click here to compare and quickly find the best options for your needs. |
Sunrise Banks Money Market Account is offered by Sunrise Banks, a bank founded in 1962 and based in Saint Paul, MN. Sunrise Banks money market are available in 1 state.
Key Takeaways
- Very high annual percentage yield (APY). This account offers an annual percentage yield of up to 2%, which is much higher than the national average for a money market account. However, you must keep a minimum balance of $1.
- Charges a monthly fee. This account charges a monthly fee of up to $15, but the fee may be waived if you keep a minimum balance of$30,000.
- Small minimum initial deposit. You only need $100 to open an account.
Pros & Cons of Sunrise Banks Money Market Account
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Sunrise Banks Money Market Account FAQ
Are money market accounts from Sunrise Banks federally insured?
Yes, your deposits are insured 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 Sunrise Banks money market rates?
Sunrise Banks money market offers an APY starting at 0.01% and ranging up to 2% (APY stands for annual percentage yield, rates may change). However, to earn interest you must keep a minimum balance of $1.
| Rates | Amount |
| APY (Annualized Percentage Yield) | 0.01% - 2% |
What are the fees for Sunrise Banks Money Market Account?
This account charges a monthly maintenance fee of up to $15. You can avoid this fee by maintaining a balance of $30,000.| Description | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Monthly Maintenance Fee | $0 - $15 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Paper Statement Fee | Starting at $1.5 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
What is the minimum balance for Sunrise Banks money market?
Minimum deposit of $100. You must make an initial deposit of at least $100 to open this account.
Monthly maintenance fee waiver. You can avoid the monthly fee if you keep a balance of $30,000.
Interest rate minimum balance of $1. You must keep the account balance above $1 to earn interest.
What features and perks does Sunrise Banks money market offer?
This account includes the following features:
- Check Writing - Sunrise Banks money market includes check writing privileges. This is convenient method to pay bills and transfer money from your account.
- Fraud monitoring - Sunrise Banks monitors transactions for potentially fraudulent activity.
What is the customer service phone number?
The customer service number for this account is (651) 265-5600.
What is the support contact email?
The support contact email for this business credit card is Info@SunriseBanks.com.
How to open an account with Sunrise Banks
- Visit the Sunrise Banks 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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Other Services by Sunrise Banks
SuperMoney Net Recommendation Score
Not enough SuperMoney users have reviewed this product to provide a recommendation score or rating.
-100
-1000+100
No one recommends
Everyone recommends
Sunrise Banks Money Market Account Community Reviews
Would you recommend Sunrise Banks Money Market Account to your friends?
U
Anonymous
Jan 17, 2020
May or may not recommend
This bank is a ripoff. They siphon money from customer prepaid cards with BS fees. Avoid these thieves like the plague
Showing 1 of 1 reviews
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