Ideal for advanced savers, the interest rate on our Premium Money Market account grows as your balance grows. An initial deposit of $10,000 is required to open your account, and you’ll earn interest on your entire balance while enjoying the flexibility of check writing access to your funds. If your balance dips below $10,000, you will still earn interest, but your account will be subject to the monthly maintenance fee of $10. Interest is tiered and calculated on the daily collected balance tiers displayed in the chart.
With a Premium Money Market account:
- Free personalized checks
- Interest accrues daily and is compounded and credited monthly
- You can choose eStatement or paper statement without images
- You can choose a combined statement for the added convenience of viewing all of your accounts on one statement when account ownership is the same
- You are allowed up to six pre-authorized transfers and withdrawals per month, including automatic or telephonic transfers, electronic transactions, checks written or drafts, any of which may be made payable to third parties3
- You can link your money market account to an existing WesBanco Debit Card for ATM access