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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

Open now

Apply online between 6 a.m. - 7p.m. CT.{231}

Existing customer?
Click here
Have questions?
Learn more
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Ultimate financial flexibility:

Open with a minimum balance of $100.

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.

Prefer to open in branch?
No problem.

Open in person

Stop by your nearest branch to talk with an advisor.

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.

Are you an existing customer wanting to cash in on these great rates?

Don't miss out on this opportunity to boost your savings with Simmons Bank's Money Market Savings!

The process is simple. Sign into Simmons Bank mobile and tap Open a new account in the left menu to get started!


We'll use your existing information to start your application.

Sign in to Mobile Banking

Don't have the app? Download here:

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We're here to help.

In Person

Stop by a branch to talk with an advisor.

By Phone

Monday–Friday, 7:30 a.m. – 6 p.m. CT
Saturday, 8 a.m. – 12 p.m. CT

Money Market Savings FAQs:

Opening a Money Market Savings Account is now easier than ever with our online account opening. Click here to get started. Prefer to open in-person? No problem! Find your nearest branch to talk with an advisor.

  • Current Simmons Bank customers can open a new Money Market Savings Account within Simmons Bank Mobile or Online Banking by selecting Open a new account in the left menu. We'll use your existing information to start your application.

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.

A minimum deposit of $100 is required to open this account.

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.

Forbes 2022 World's Best Banks – Forbes 2023 America’s Best Midsize Employers – Business Finance Platinum Elite Lender 2021
  • {97} Benefits and features are subject to customer qualification and approval by Simmons Bank.
  • {231} Online opening currently only available to residents of Arkansas, Kansas, Missouri, Oklahoma, Tennessee, and Texas.

  • {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™.

  • {19} iPhone, iPad, Apple, and the Apple Logo are registered trademarks of Apple Inc.

  • {108} Android, Google Play, and the Google Play logo are trademarks of Google LLC.