A money market account is a type of savings account that provides easy access to your cash with better interest. With a money market account, you can earn better returns on your cash while still having the same easy access to your money you would expect from a traditional savings account.
- Earn interest with tiered rates1
- Monthly service fee of $10 is waived if you maintain $1,000 minimum balance in your money market account, or combine savings account statement with your checking account statement, or if the primary account holder is under age 22
- $25 minimum balance to open
- Connect it to your checking account to sweep funds automatically if overdrawn1
- Get free paper statements
- eStatements available
- Ability to make free transfers from a Bar Harbor Bank & Trust checking account to money market account
- The security of FDIC protection