US Bank

A US Bank Money Market Account (MMA) is a type of savings account that offers a higher interest rate than a traditional savings account. It requires a higher minimum balance to open and maintain than a standard savings account. The current interest rate for a US Bank MMA varies based on the amount deposited, and interest is compounded daily and credited monthly. US Bank also offers a tiered system, meaning the higher your balance, the higher your interest rate.

US Bank MMA account holders are allowed up to six monthly withdrawals or transfers, with a fee for each additional transaction. Some other fees may apply, such as a monthly maintenance fee if the minimum balance is not maintained.