myRewards Money Market

A money market account from Commerce Bank that rewards you to grow your savings.

  • 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 for the monthly cycle 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 - Free4
  • E-Statement with Images $1 per month, Paper Statement $3 per month, Paper Statement with Images $4 per month4
Automatic transfers from checking make it easy, and you can track your progress using Online Banking, personalized with nicknames you choose.

Apply Online >

Disclosures:

1 To be eligible for the bonus Reward, you must maintain a [this type or that type] 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 3/20/2017 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. This 60 day grace period does not apply to existing or converted accounts.

4 Must activate Online Banking and sign up for E-Statements to get free monthly E-Statement. Fee for other statement options waived for first 60 days after new account opening. This 60 day grace period does not apply to existing or converted accounts.


Deposit Agreement & Disclosures