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A money market account is similar to a savings account. Both are set up as accounts to help you save money, but money market accounts offer you the advantage of check writing, often have higher interest rates, and higher minimum deposits.
So what are Aurora Bank’s money market rates? is offering for any account balance between $1,000 and $99,000. Any deposited amount $100,000 and above receives 0.12% higher APY. According to the money market rate chart, Aurora Bank’s money market account rate is competitive.
Choosing the money market account that is best for you can be overwhelming, but charges no monthly fees as long as you have a minimum deposit of $1,000.
Other benefits of this money market account include:
- Interest compounded daily, posted monthly
- Allows six withdrawals per month
- Easy online access to your account
- Aurora Bank is FDIC insured, meaning your money is protected up to $250,000
- Option to link with other accounts to provide overdraft protection
There is no minimum balance to open , but in order to receive , you must have at least $1,000 in the account. If your balance falls under $1,000 you will receive no interest on your money. As with most all money market accounts, there is a limit of withdrawals allowed each month. Fees will apply if you make more than six withdrawals.
Aurora’s Bank offers competitive interest rates for their money market accounts. Applying is easy and can be done online, through . ‘,”Aurora”, ‘
‘,0);?> View the money market rates chart to compare Aurora Bank’s money market account interest rate with other money market account rates being offered.
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