Liquidity and cashflow are essential to the health of your business. Our Commercial Money Market is a safe way to earn interest as you put away money each month to save for larger expenses like tax payments, major purchases, employee bonuses and more.
While you can write checks, withdraw money and transfer funds, certain types of withdrawals and payments are limited1.
Individuals looking to earn an even higher yield may be interested in our Preferred Money Market. Our new Preferred Money Market account puts your money to work for you. With this innovative account, you're rewarded for your checking relationship with fair market rates on your money market account that will keep pace with the market. The more you save, the more you earn.
Requires opening a qualified Hancock Whitney checking account to take advantage of premium interest rates2.
1 Federal regulations limit savings and money market accounts to six pre-authorized or electronic payments, withdrawals, or outgoing transfers per month. This includes account transfers or payments initiated by telephone, Mobile Banking, and Online Banking, as well as automatic debits and transfers (such as automatic bill payments and Overdraft Protection services). See the Business Services information Disclosure Schedule of Fees for more information. Accounts are subject to credit approval.
2 Eligible checking accounts for the Preferred Money Market are limited to Preferred Business Checking, Essential Business Checking, and Interest Business Checking accounts that have a minimum of 5 client-initiated debit or credit transactions in the statement cycle. If you do not have one of the eligible checking account types or if your linked checking account does not meet the minimum number of transactions, your Preferred Money Market Account will earn the default interest rate and APY. Refer to the Business Services information Disclosure Schedule of Fees for full details.