business savings account

Business Banking · Savings · Business High Yield Money Market Account

Business High Yield Money Market Account

A business high yield money market account is a great option to earn more interest on your money and enjoy the convenience and flexibility of a checking account. It’s essentially a hybrid between a checking and savings account. It gives you a limited number of transactions each month and your money can earn a higher interest rate than regular savings or checking accounts.

What is a high yield money market account?

A high yield money market account is a savings account that typically pays higher interest than regular savings or checking accounts, but requires a higher minimum balance ($10,000 minimum), and only allows six withdrawals or transfers per month.

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