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Hanmi BankMoney market accountChecked Oct 10, 2026Updated

Hanmi Simple Money Market

2.60%APY on $10,000 · as of Oct 10, 2026
A year on $10,000
$260 after fees
Monthly fee
$5 a month
To open
$100 to open
On our list
#13 of 152 money market accounts, by a year’s value on $10,000
Visit HanmiThe 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
$1,0000.05%$0
$5,0000.05%$2
$10,0002.60%$260
$25,0002.60%$650
$50,0002.60%$1,300
$100,0002.80%$2,800

Rates by balance

BalanceAPY
$0 to $9,999.990.05%
$10,000 to $100,0002.60%
$100,000 and up2.80%

Source: the bank’s rates · as of Oct 10, 2026

Rate conditions

Interest compounds
monthlySource · checked Oct 10, 2026

Fees

Monthly fee
$5 a monthSource · checked Oct 10, 2026
Ways to avoid the monthly fee
maintain a minimum balance of $500Source · checked Oct 10, 2026
Minimum to open
$100Source · checked Oct 10, 2026
Early closure fee
$50Source · checked Oct 10, 2026

Features

Check writingInterest bearingOnline opening

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