Skip to main content

EARN 1.60% APY*

Money Market Offer from Simmons Bank

BY THE NUMBERS:

$100
Minimum Balance to Open
$10
Monthly Service Charge (waived if $2,500 minimum daily balance is met)
First Six Withdrawals per Month are Free (additional withdrawals are $3 per item)
50
Free Deposited Items per Month (additional deposited items are $.25 per item)
Interest Earned on Entire Daily Collected Balance
Tiers:
  • $0-$2,499
  • $2,500-$9,999
  • $10,000-$24,999
  • $25,000-$49,999
  • $50,000-$99,999
  • $100,000+
Monthly Paper Statements with Images (or enroll to receive eStatements)

LOOKING FOR HIGHER RATES?

Earn 1.60% APY on our Money Market account with a minimum balance of $10,000.*

  • Earn high-yield interest at a rate that continues to pay off
  • Feel confident that your money is in a safe and flexible account
  • Work with a bank you trust

 

Looking to earn more for your business, as well? Check out our Business Money Market account.

Business Money Market

24-Hour Telephone Banking

Call 877-245-1234 for deposits and loans, or 800-272-2102 for credit cards to access your account any time.

Mobile Deposit

Deposit checks from your smartphone or tablet anytime, anywhere with no charge.16

Simmons Bank Round-Up

Round up your purchases to the next whole dollar amount and we'll deposit the difference in a second account of your choice21.

SEE HOW THIS ACCOUNT MEASURES UP

CHARGES & FEES

REDUCTIONS AVAILABLE

MINIMUM BALANCE REQUIREMENTS

MINIMUM DAILY BALANCE

REWARDS & EXTRAS

INTEREST BEARING ACCOUNT

Ready to Apply?

​Applying for a Simmons Bank savings account is simple. When you apply with a Simmons Bank associate, you’ll need to gather a few things:

  • ​BASIC FINANCIAL INFORMATION

  • ​SOCIAL SECURITY NUMBER

  • ​EMPLOYER INFORMATION

Federal Regulation D limits certain types of withdrawals and transfers made from a savings or money market account to a combined total of six per month or statement cycle of at least four weeks. These include transfers or withdrawals to another account of yours or to a third party by means of a preauthorized or automatic transfer or telephone order or instruction, computer transfer, or by check, draft, debit card or similar order to a third party. If you exceed the transfer limitations set forth above, your account shall be subject to closure.
16 Data connection required. Wireless carrier fees may apply. Mobile deposit is available to Simmons Bank Anywhere customers who are at least 18 years of age and have: The most recent Simmons Bank App for iPhone, iPad or Android; An active Simmons Bank deposit account with a positive balance for at least 90 days; No more than 2 returned deposited items (chargebacks) in the last 90 days; Demonstrated financial responsibility with all Simmons Bank accounts.
21 Available for personal accounts only.
Benefits and features are subject to customer qualification and approval by Simmons Bank.
* Annual Percentage Yield (APY) is valid as of 7/29/19. Rates are subject to change after account opening. A $10,000 minimum deposit of new money is required to receive the promotional rate. New money is defined as money that has not been on deposit at Simmons Bank during the past 30 days. Financial institutions and public fund entities are not eligible. Interest earned on the entire daily balance. Fees could reduce earnings on account. Balances under $10,000 receive 0.10% APY.