Member FDIC FDIC-Insured—Backed by the full faith and credit of the U.S. Government
Skip to main content

Money Market Savings

You work hard, so should your money. This account is for the ultimate in financial flexibility.

  • Waivable service charge
  • Interest earned on entire daily balance

Apply in branch

couple laughing and drinking coffee in home kitchen looking at tablet

Ultimate financial flexibility:

 

Maintain a minimum daily balance of $2,500 to waive $10 monthly service charge.

Deposit 50 foreign deposited items and 50 on us deposited items per month at no charge, then additional deposited items are $0.25 per item.

Enroll in eStatements to waive a $3 quarterly paper statement fee.

Earn interest on entire daily balance in tiers:

  • $0 – $2,499
  • $2,500 – $9,999
  • $10,000 – $24,999
  • $25,000 – $49,999
  • $50,000 – $99,999
  • $100,000+

Enjoy no fee or limit on monthly withdrawals.

Learn more with FAQs

Get your paycheck early.

With Early Payday, direct deposits may be posted to your account up to 2 days early!{213}

There’s no fee and no need to sign up.

Don't have direct deposit? No problem! Download this form and submit to your employer, to request to get started.

24-hour telephone banking

Call 877-245-1234 for deposits and loans, or 800-272-2102 for credit cards to access your account any time.

Mobile deposit

Save a trip to the bank. Deposit checks from your smartphone or tablet anytime, anywhere with no charge.{16}

24-hour banking

Make cash withdrawals and check your account balance at any Simmons Bank ATM.

Questions?
We're here to help.

In Person

Stop by a branch to talk with an advisor.

Find a branch
By Phone

1-866-246-2400
Monday–Friday, 7:30 a.m. – 6 p.m. CT
Saturday, 8 a.m. – 12 p.m. CT

Money Market Savings FAQs:

There is a $10 monthly service charge, but this fee is waived if the $2,500 minimum daily balance is met.

There is a $3 fee for paper statements, but this fee is waived if enrolled in eStatements only.

You can add funds to your account by using mobile deposit, Zelle, internal or external transfers, visiting a branch or making a deposit at an ATM.

Yes! There is no fee or limit on monthly withdrawals from this account.

If a withdrawal causes your daily balance to drop below $2,500, you will no longer be eligible for the monthly service charge waiver for that month.

Our Money Market Savings account pays a tiered, variable rate of interest. Interest rate subject to change daily. Interest is earned on the entire daily collected balance and is compounded and credited monthly.

Return to all savings accounts

  • {268} All accounts subject to approval

  • {97} Benefits and features are subject to customer qualification and approval by Simmons Bank.

  • {213} Early Payday applies to direct deposit and other Automated Clearing House (ACH) deposit transactions, and is dependent on when the payer’s payment instructions are received by Simmons Bank. Simmons Bank will generally make funds from these deposits available the same day payment instruction is received or two days before the listed effective date of the payment, whichever is later. Simmons Bank reserves the right to terminate or change this practice without any notice to you and to place any restrictions or limits Simmons Bank deems necessary.

  • {16} Data connection required. Wireless carrier fees may apply. Mobile deposit is available to Simmons Bank online and mobile banking customers who are at least 18 years of age and have the most recent Simmons Bank App for iPhone®, iPad®, or Android™.