![]() Mobile Banking Services - SunTrust money market account allows you to manage your money through online banking and a dedicated mobile app.Fraud monitoring - SunTrust Bank monitors transactions for potentially fraudulent activity.This account includes the following features: What features and perks does SunTrust money market account offer? You must keep the account balance above $1 to earn interest. You can avoid the monthly fee if you keep a balance of $5,000. ![]() You must make an initial deposit of at least $100 to open this account. What is the minimum balance for SunTrust money market account? SunTrust Bank Money Market Account Fees Fees SunTrust Bank will charge you a $15 fee if you exceed your maximum number of monthly transactions. You can avoid this fee by maintaining a balance of $5,000. This account charges a monthly maintenance fee of up to $17. What are the fees for SunTrust Bank Money Market Account? SunTrust money market account Rates and Terms Rates However, to earn interest you must keep a minimum balance of $1. SunTrust money market account offers an APY starting at 0.01% and ranging up to 1.01% (APY stands for annual percentage yield, rates may change). What are the interest rates for SunTrust money market account rates? FDIC insurance is backed by the full faith and credit of the United States government. The FDIC is an independent agency of the United States government that protects you against the loss of your insured deposits if an FDIC-insured bank or savings association fails. Yes, your deposits are insured up to $250,000 per person by the Federal Deposit Insurance Corporation (FDIC). SunTrust Bank Money Market Account FAQ Are money market accounts from SunTrust Bank federally insured? Pros & Cons of SunTrust Bank Money Market Account Pros This account charges a monthly service fee of up to $17, but the fee is waived if you keep a minimum balance of $5,000. This account offers an annual percentage yield of up to 1.01%, which is much higher than the national average for a money market account.However, you must keep a minimum balance of $1. Very high annual percentage yield (APY).SunTrust Bank Money Market Account are available in SunTrust Bank Money Market Account is offered by SunTrust Bank,įounded in 1865 and based in Atlanta, GA. SunTrust Bank Money Market Account Review
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