FirstBankMoney market accountChecked Oct 10, 2026Updated
FirstBank FirstRate Money Market
0.05%APY on $10,000 · as of Oct 10, 2026
- A year on $10,000
- $5 after fees
- Monthly fee
- $10 a month
- To open
- $5,000 to open
- On our list
- #89 of 152 money market accounts, by a year’s value on $10,000
Visit FirstBankThe 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.
| Balance | APY | A year, after fees |
|---|---|---|
| $1,000 | 0.05% | −$120 |
| $5,000 | 0.05% | $2 |
| $10,000 | 0.05% | $5 |
| $25,000 | 0.05% | $12 |
| $50,000 | 0.05% | $25 |
| $100,000 | 0.05% | $50 |
Rate conditions
- To earn the APY
- The primary account holder must be the same on the FirstRewards Checking account and the FirstRate Money Market savings account.
- Ten (10) settled debit card point of sale transactions per Qualification period.
- Receive your FirstRewards Checking account statement electronically monthly (eStatements).
- One (1) monthly automated clearing house (ACH) debit or ACH credit.
- APY when those aren’t met
- 0.05%Source · checked Oct 10, 2026
- Interest compounds
- added back to principal every 1 Month(s)Source · checked Oct 10, 2026
Fees
- Monthly fee
- $10 a monthSource · checked Oct 10, 2026
- Ways to avoid the monthly fee
- No monthly service charge if $5,000 minimum balance is maintainedSource · checked Oct 10, 2026
- Minimum to open
- $5,000Source · checked Oct 10, 2026
- Withdrawals a month
- 6Source · checked Oct 10, 2026
- Fee for each withdrawal over the limit
- $2Source · checked Oct 10, 2026
Features
Interest bearingZelle
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