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myRewards Money Market

A money market account from Commerce Bank that rewards you to grow your savings – available to myRewards Checking customers.

  • It’s easy to grow your account with automatic transfers or direct deposit, or, make deposits at any time – it’s up to you!
  • Keep building your account for a year to earn your reward – the more you save, the more you earn!
  • Commerce pays you a bonus of a half percent on the average collected month-end balance for the previous 12 months, up to a maximum reward of $200 each and every year.1
Min. Opening Deposit
  • $0
Interest Paid
Minimum Balance
  • $500 daily balance OR $1,000 average daily balance each month OR at least one monthly electronic deposit, including Online Banking transfers, of $25 or more2
Monthly Service Charge
  • $63 (if balance not met)
Check Writing Privileges
  • Yes; Up to 6 checks per month
Transactions
  • Up to 6 withdrawals or transfers per month
  • Free access to funds through any Commerce ATM, our 24-hour Account Information Line and Online Banking
Online Services
  • Free Online Banking
  • Access electronic copies of your 1099 and certain other tax forms through Online Banking - View Tax Form FAQs
  • Order up to seven years of account statements and check images on
    CD-ROM
Statement Options
  • E-Statement - Free
  • Paper Statement - $2/mo if balance or electronic deposit requirement not met.
  • Paper Statement with images - $3/mo if balance or electronic deposit requirement not met.

Automatic transfers from checking make it easy, and you can track your progress using Online Banking, personalized with nicknames you choose.

Interested in saving for a goal and earning rewards? Open a myRewards Savings account.

Disclosures:

  1. To be eligible for the bonus Reward, you must maintain a myRewards Checking account. We will pay an annual Reward of 0.5% of the average collected month end balance in your myRewards Money Market account for the previous 12 months, up to a maximum of $200. Reward credited the 13th month after account anniversary. Annual Percentage Yield as of 4/19/2014 is 0.03%. Incentive of $10 or greater reported as interest to the IRS.
  2. Daily balance means ending ledger balance in the account each day. You must maintain the $500 minimum daily balance every day of a month or a $1,000 average daily balance for the monthly cycle or have at least one electronic deposit of $25 or more during the month to earn interest and to avoid a service charge that month. Electronic deposits include ATM deposits, wire transfers, ACH, Online Banking transfers or automatic transfers set up from another DDA or savings account.
  3. Monthly service charge waived for first 60 days after new account opening.
  4. To send an email that contains confidential information, please visit the Secure Message Center where there are additional instructions about whether to use Secure Email or Online Banking messaging.
  5. Deposit Agreement & Disclosures