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First Horizon BankMoney market accountChecked Oct 10, 2026Updated

First Horizon Money Market Savings

0.10%APY on $10,000 · as of Oct 10, 2026
A year on $10,000
$10 after fees
Monthly fee
$9 a month
To open
$50 to open
On our list
#75 of 152 money market accounts, by a year’s value on $10,000
Visit First HorizonThe bank’s own page · checked Oct 10, 2026

What it earns in a year

Interest at the APY for each balance, minus any monthly fee you’d pay. Rates are variable; these are today’s.

BalanceAPYA year, after fees
$1,0000.10%−$107
$5,0000.10%$5
$10,0000.10%$10
$25,0000.10%$25
$50,0000.10%$50
$100,0000.10%$100

Rate conditions

Interest compounds
Interest is compounded and credited monthly.Source · checked Oct 10, 2026

Fees

Monthly fee
$9 a monthSource · checked Oct 10, 2026
Ways to avoid the monthly fee
Any one of these:
  • The monthly service charge is refunded within 3 business days when the primary or joint account holder has an active Elite Checking account.
  • If the Elite Checking account is closed, a $9 monthly service charge applies if the total combined balance in consumer deposit accounts is less than $5,000
Source · checked Oct 10, 2026
Minimum to open
$50Source · checked Oct 10, 2026

Features

Automatic savingsCheck writingInterest bearingOverdraft protection transfer

From the bank’s own pages. A feature not listed may still be offered: we list only what the bank states.

Rates and fees change; the bank’s own page is the final word. Report a mistake · How we make money