The Preferred Money Market account is a business money market account that puts your money to work for you. You can earn a competitive premium interest rate so that your balance grows without you needing to shop around. The more you save, the more you earn.1
Forgo the hassle of shopping around for rates. When your Preferred Money Market and Preferred Business Checking1 accounts work together, you earn premium and competitive rates and avoid monthly fees.
Waive this account's monthly service charge of $25 when you maintain a $25,000 minimum daily balance.
View statements and transfer funds easily and conveniently with online banking.2
Get more done, and spend less time doing it. Register your device and enjoy secure access to your business accounts no matter where you roam.
Your qualifying checking activity3 earns the premium rate for this account. Your checking activity ensures your yields stay favorable and on pace with the market.
Use your money market account to protect you from overdraft worries on your operating checking account.2
1 Eligible checking accounts 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. See your banker for full details.
2 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.
3 Qualifying transactions include at least five client-initiated debit or credit transactions in the linked checking account per month to earn the premium interest rate.
4 Deposit up to 100 items to your account each month. After 100 items, there is a fee of $0.50 per item deposited. Items include deposited checks and deposit tickets.
Hancock Whitney Bank, Member FDIC. All accounts subject to credit approval. Terms and conditions apply.