Premium Money
Market Savings

From everyday savings to putting away money for an emergency fund or big goal, our Premium Money Market Savings account gives you a stress-free way to grow and protect your money.

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800-325-2424

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Premium Money Market Savings

This account is popular for customers who want a hassle-free savings account. Make deposits from an account at Webster or an external account – whatever works best for you.

 

Key features and benefits of Premium Money Market Savings:

  • Tiered interest rates – get better rates for bigger balances
  • Convenient Online Banking
  • Greater peace of mind with FDIC Insurance
  • Minimum opening balance of $1,500
  • Maintain a $2,500 minimum daily balance to waive the monthly service charge of $12.00

 

 

Not sure which savings account is right for you?

View comparison chart >

Federal regulations limit the number of transfers and electronic payments from a money market account to a maximum of six (6) per statement cycle from the following categories: preauthorized transfers, including overdraft protection; telephone transfers; and electronic transactions, including WebsterOnline transactions, Checks, Check Card payments to third parties, Automated Clearing House (ACH) transactions and wire transfers. A per item fee will be deducted from your account if you exceed this limit.

 

Rate Tiers Interest Rate Annual Percentage Yield (APY)
$0 - $9,999 0.05% 0.05%
$10,000 - $24,999 0.10% 0.10%
$25,000 - $49,999 0.15% 0.15%
$50,000 - $99,999 0.15% 0.15%
$100,000 and up 0.20% 0.20%

 

The Annual Percentage Yields (APY) are accurate as of 07/14/2017 and may change at any time without prior notice, before or after the account is opened. Fees could reduce earnings.