Compare Rates Now

Zions Bank Money Market Account offers 1.35% APY

Posted by: RateAPY Bank Rates News
October 27th, 2009

With the national average interest rate for a money market account hovering around 0.09% APY, consumers are actively comparing interest rates on money market accounts to see if they can earn more interest on their money.

What to Consider: More Than Just Rates

When comparing banks to open a money market account, be sure the bank is a member of the FDIC to ensure the safety of deposits. In addition, you should find out whether there are monthly fees and limits to how you can access your funds. Consumers need to be sure their money is safe yet accessible while earning the best interest rate.

Zions Bank Money Market Rates

Zions Bank, in business since 1873, offers both online banking for 24/7 access and more than 125 physical locations. The bank is a Celent Model Bank for demonstrating top-notch online security. Interest on the money market accounts at Zions Bank is compounded daily.

The current 1.35% APY is variable and may change once the account is opened. In order to earn the best APY, savers must begin with a minimum deposit of $1,000 and then maintain a balance of $2,500 or more.

1 Comment »

  1. Posted by: RateAPY Bank Rates News
    Posted: November 5, 2009

    Yes we’re aware of these regulations. RateAPY.com policy is to comply with the new regulation and post a disclaimer on those posts for which there was a financial relationship (i.e., we are getting paid for blog posts). All of our posts thus far, including those posted to date in “Bank Deals” are non-paid posts. I think this transparency is good since as bloggers we share information that is of interest to us, but it provides some protection for consumers who may also trust a bloggers’ opinion to know when sometimes there is an incentive other than just perhaps interest. Just some thoughts…

Leave a comment