Simmons BankMoney market accountChecked Oct 10, 2026Updated
Simmons Elevate Money Market Account
$25monthly fee
- A year on $10,000
- $0 after fees
Visit SimmonsThe 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 | – | −$300 |
| $5,000 | – | −$300 |
| $10,000 | – | $0 |
| $25,000 | – | $0 |
| $50,000 | – | $0 |
| $100,000 | – | $0 |
Rate conditions
- Interest compounds
- compounded and credited monthlySource · checked Oct 10, 2026
Fees
- Monthly fee
- $25 a monthSource · checked Oct 10, 2026
- Ways to avoid the monthly fee
- Maintain a minimum daily balance of $10,000 to waive the $25 monthly service charge.Source · checked Oct 10, 2026
- ATM network
- Access to 32,000+ MoneyPass ATMsSource · checked Oct 10, 2026
- ATMs in the network
- 32,000Source · checked Oct 10, 2026
- Paper statements
- $3 a monthSource · checked Oct 10, 2026
Features
Branch accessEarly direct depositInterest bearingJoint accountsMobile check depositOnline openingSavings round upsZelle
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. Not all of this account’s figures are on record yet (rate missing). Report a mistake · How we make money