Open a
Money Market Account
with TAB Bank
Your Hard-Earned Money Can Accumulate, Grow, and Remain Accessible to You!
0.25% APY
![stock image of stacked cash](https://www.tabbank.com/wp-content/uploads/2024/05/stack-of-cash.jpg)
Are you ready to start using your money to make more money? If so, we are here to guide you through the process and help you grow your wealth. When you open a money market account with TAB Bank, we invest your money in low-risk and short-term securities so it can grow without any heavy lifting on your part and you have access when you need it.
![Stock photo of a man using a tablet at a table](https://www.tabbank.com/wp-content/uploads/2024/05/person-working-in-laptop.jpg)
Take advantage of our money market account benefits and rewards, which include:
What is a Money Market Account?
A money market account is a savings account that earns a higher interest than your typical savings account.
![Stock image of a couple going through their financials](https://www.tabbank.com/wp-content/uploads/2024/05/a-couple-persons.jpg)
Easy Access, Great Rates
WATCH YOUR MONEY GROW WITHOUT LOCKING IT UP!
Minimum Daily Balance | Annual Percentage Yield | MIN. DEPOSIT TO OPEN |
---|---|---|
$0.01 | 0.25% | $25.00 |
Rates effective as of September 7, 2024.
Interest rates and annual percentage yield (APY) may change at any time, at TAB's discretion, without notice. Transactional or other fees could reduce the earnings on the account.
* The standard deposit insurance amount is $250,000 per depositor, per FDIC-insured bank, per ownership category (learn more).
What are the Pros and Cons of a Money Market Account?
As with everything, there are advantages and disadvantages to a money market account. Review this list to see if a money market account with TAB Bank is the right choice for you.
What are the Pros of a Money Market Account?
What are the Cons of a Money Market Account?
How do You Open a Money Market Account with TAB Bank?
We’ve made it simple to open a money market account online.
Step 1: Your basic identifying information (required for opening an account by law)
Step 2: The minimum required deposit to open a money market account ($25.00)
Step 3: Verification of information and funds
Step 4: Agreement for the terms of the account
Commonly Asked Questions About
Money Market Accounts
Click to learn more about each item