CheckSmart Money Market
Do you want a high interest rate for your high-balance account?
Consider our CheckSmart™ Money Market account, one of our highest-paying
accounts for customers who don't write a lot of checks or have a lot of check-card
purchases. The account is tiered, which means the interest paid increases with the
amount of your balance. View rates.
As long as you keep a $1,000 minimum daily balance in the account and limit your
withdrawals as described below, you'll get all the features of our basic checking
accounts but with interest and added bonuses like discounted checks.
Withdrawal limitations: The following types of withdrawals are
limited in any combination to 6 per monthly statement cycle:
- Telephone transfers to checking accounts
- ACH payments
- Automatic sweeps to other accounts
- Online banking transfers or bill payments (PowerPay™)
- Wire transfers (if not in person)
- Point-of-sale or check-card purchases
If you exceed the withdrawal limitations, you will be charged a $10 excess Money Market
withdrawal service charge for each excessive withdrawal. If you have three months of
excessive withdrawals in a rolling 12-month period, the account will be converted to a
different CheckSmart account.
The following withdrawals are unlimited:
- In-person withdrawals; ATM withdrawals
- Checks mailed to you
- Withdrawals by your messenger at the Bank
- Transfers to pay your loans here (other than Credit Reserve)
Don't forget to choose your favorite overdraft protection:
credit reserve†, Bounce Protection®
or one-way sweeps. Fees or interest apply.
Frequently Asked Questions
Compare Personal Checking Products
For more information on personal checking accounts, call us in Utah County at (801)
642-3456, in Salt Lake County at (801) 428-1046, toll free at (888) 842-3456, or
visit one of our 13 branches.
† Subject to credit approval. Bounce Protection is a registered trademark
of Jack Henry & Associates, Inc.Fees may apply. See Schedule
PowerPay is a registered trademark of Jack Henry & Associates, Inc.