Money Market
Savings Account

Money Market Savings Accounts – Frequently Asked Questions

What is a money market account?
A money market is a type of savings account that allows you to earn a higher interest rate than you would with other types of savings accounts. At National Bank Of Kansas City we use tiered rates, the more money in your account, the more you earn.

How much money is required to open a money market savings account?
All money market savings accounts from National Bank Of Kansas City require a $2,500 minimum deposit to earn interest and not to incur fees.*

Is there a monthly fee?
There is no monthly fee for National Bank Of Kansas City money markets. The only time you’ll be charged is if your account balance falls below the minimum balance requirement of $2,500.

Are money market savings accounts interest bearing?
Our money markets are interest bearing. When making a money market comparison always be sure the account you choose earns interest. In fact, the higher your balance, the higher the interest rate.

What is the minimum balance requirement for a money market account?
You need to maintain a minimum balance of $2,500. If you dip below that amount you will be charged the $10 monthly service charge.

Are money markets good for everyone?
Money markets are ideal for people who have money they are looking to save, not spend. The more you put into your money market, either with online transfer or cash deposits at the bank, the more interest your money market account can earn.

Can I sign up for a money market online?
Yes. Just complete our online Personal Application and select the Money Market Account check box.

Will I be able to access my money market from my online banking account?
You will be able to access your National Bank Of Kansas City money markets once you sign up for and log in to your Internet banking account.

Who do I call if I have questions?
For questions relating to your National Bank Of Kansas City money market account call us at 1-888-905-2165.

* $2,500 minimum required to open a Money Market account. Money Markets are limited to six transfers per statement period. Unlimited in-person and ATM withdrawals. Fees may apply if these limits are exceeded.