Business Money Market 3.25% APY
Get with the bank that gives you rewards for maintaining higher balances. The more you save, the more you earn.
Earn Interes on Your Savings
The More You Save, The More You Earn
- Earn interest
- Free internal transfers
- Free bank statements
- Free Online Banking
- $1,000 minimum deposit to open
- $20 monthly maintenance fee waived with $1,000 minimum daily balance
BayFirst Business Money Market: Minimum deposit of $1,000 required to open. You can earn the advertised rate of 3.25% APY (Annual Percentage Yield) on balances of greater than $50,000. You will earn 2.01% APY on balances of $49,999 to $25,000 or 1.01% APY on balance of $24,999 to $2,500. Rate is effective as of 5/1/2023. Rates are variable and are subject to change at the bank’s discretion. Rates are calculated on a daily balance method. Fees could reduce earnings. You may make six (6) transfers/checks from your account each statement cycle, by pre-authorized or automatic transfer, or telephone (including data transmission) agreement, order or instruction. $20 monthly maintenance fee waived with $1,000 minimum daily balance.
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