High Rate Online Money Market Account

Open an account online in minutes!

Our High Rate Online Money Market Account for NEW customers is the perfect way to start a banking relationship with us. We are excited for the opportunity to serve you!

High Rate Online Money Market Account

$5,000 deposit to open account.  For NEW Bank7 customers only.

  • Competitive, tiered variable rate of interest
  • Interest paid monthly on minimum daily balance of $5,000
  • $15.00 minimum balance charge per month if daily balance falls below $5,000
  • Debit Card¹ (optional)
  • eStatements² required.  Paper statements may be available for a $15.00 monthly fee.
  • Online Banking and Bill Pay³
  • Check and deposit images returned in eStatement
  • Deposits are unlimited; however, debit transactions on Money Market Accounts are limited by law. Preauthorized transfers or withdrawals are limited to six total per month.  Third party withdrawals exceeding six per statement cycle have a $3.00 fee per withdrawal⁴
  • Unlimited withdrawals in person, at ATM, by mail, or by messenger at no charge

Other Fees that may be incurred:

  • $29.00 Overdraft item fee
  • $29.00 Returned item fee
  • $25.00 Stop payment per request
  • $ 7.00 Deposited Checks Returned Unpaid

¹No ATM fees at Bank7 or Allpoint™ Network ATMs. Foreign ATM fees may apply.
²eStatements are electronic copies of your monthly statement to view, download, print or save. Online banking and valid email address required.
³Bill pay electronic checks are included in withdrawal limitations.
⁴Deposits are unlimited; however, Debit transactions on Money Market Accounts are limited by law. Telephone, third party (checks, drafts & debit card transactions) and preauthorized transfers are limited to six per month. Preauthorized transfers include, but are not limited to, transfers processed through Online Banking or Bank7 Voice. If withdrawal or transfer limits are exceeded, the account type may be changed or account may be closed.
⁵APY (Annual Percentage Yield). For a complete disclosure of all current rates, fees, terms and conditions, please contact a Bank7 Customer Service Representative.

Balance Tier APY% Rate
$.01 – $4,999.99 0.0%
$5,000.00 – $999,999.99 1.50%
$1,000,000.00 and above 0.00%

Questions about our High Rate Online Money Market?

Check our FAQ

Need help with the
Online Application?
Email Online Account Support
or call 833-298-3006.

Please do not send sensitive information via email to Bank7 (i.e. account numbers, SSN #'s or other financial information). Email is not a secure form of communication.

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