Whether you're a company of two or 22, we know you work hard. So should your money. That's why Nationwide offers a way to earn more on your savings with attractive business money market rates.
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The advantages of a business money market account
Business money market rates
$1,000 minimum required to open an account, and must be maintained as minimum daily balance to avoid additional fees. Fees may reduce the earnings on the account and per month transaction limitations may apply.
See account terms and conditions for more information.
Business money market account features
We understand that owning your own business is a big responsibility. When you open a business money market account, you can be sure that you'll enjoy all the features you need as a small business owner, including:
- FDIC insurance1
- Ability to do transactions online, over the phone, at an ATM or by mail
- Online transfers
- Optional overdraft protection linked to a Nationwide Bank business checking account
- Access to more than 77,000 surcharge-free ATMs
- Two free non-Nationwide Bank ATM transactions per month2
- Free first order of checks
- Free business online banking
Fees & restrictions
Before you open your small business money market account, be sure to know the details, including any fees and restrictions that may apply to your situation. These may include:
- A $10 monthly maintenance fee if the average daily balance falls below $1,000
- A $1.50 ATM fee for each additional transaction after the first 2 free non-Nationwide Bank ATM transactions per month
- A $1,000 minimum opening balance
- A $1,000 minimum average daily balance
Account holders may have up to 6 preauthorized business money market withdrawals per month, including telephone or electronic transfers, check withdrawals or point-of-sale transactions. This limit does not apply to the number of withdrawals you can make at an ATM or at a Nationwide Bank branch. Also, paper statements are available at no additional cost. For more information about fees and restrictions, see account terms and conditions.