Money Market Plus Account
The account with greater flexibility. For those who want the option of a higher rate on a higher balance, plus the freedom to write checks against your account, Money Market Plus is the way to get it all. You’ll earn a basic interest rate on a balance of just $10, and increase your rate if you maintain an average daily balance of $2,500. If you need to make a purchase and your checking account is low, simply write a check against your Money Market Plus account. And if you maintain an average daily balance of $2,000 or more, we’ll waive the monthly maintenance fee.
Features and benefits:
- Tiered interest earned at $10 or more
- No fees at ATMs within the SUM network (details below)
- Swipe&Save automated savings service (details below)
- Mobile banking
- Online banking with alerts and reminders
- 24/7 telephone banking
Monthly maintenance fee:
$5 (waived when you maintain an average daily balance of $2,000 or more per monthly statement cycle).
Save whenever you swipe.
People often forget to put money in their savings account. But with Swipe&Save, whenever you use your debit card for a purchase, the transaction is rounded up to the nearest dollar and the difference is automatically transferred into your Webster Five savings account. Over time, these incremental transfers will add up to big savings, with no effort on your part. When you open your account, ask your Personal Banker to add free Swipe&Save, or sign up later by calling 800-696-9401.
The SUM is greater.
Webster Five is part of the SUM network of ATMs. This means you not only get fee-free ATM usage at our ATMs, but at thousands of other bank ATMs across the country as well.
Make an in-branch appointment
Build your savings automatically when you use your debit card.
Plan, budget and forecast with these useful tools.