- $1,500 to open
- No monthly maintenance fee with $5,000 minimum balanceThere is no monthly maintenance fee when you keep a minimum average daily balance of at least $5,000; otherwise a monthly maintenance fee of $14.95 applies..
- Source for overdraft protection
Annual Percentage Yields (APYs) are accurate as of 09/15/2023.
Information to keep in mind
The quoted Business Money Market Account Annual Percentage Yields (APYs) are accurate as of 09/15/2023. This is a tiered, variable rate account and the APYs and balance tiers may change without notice. The variable APY applicable to the account each day is determined by the ending daily collected balance, as shown above. The required minimum opening deposit is $1,500. For any month in which the account's average daily balance is below $5,000, a $14.95 fee will be applied. Fees may reduce earnings.
Our Web Safety Guarantee provides 100% protection for any funds lost due to unauthorized Online Use or an EverBank mistake. Online Use means any service which is used to initiate monetary transactions using our online banking platform, Online Bill Pay and Mobile Banking. Mobile Banking includes banking from web-enabled phones and other mobile devices. EverBank mistakes are limited to errors made solely by EverBank, and do not include those caused partly or entirely by (a) inaccurate or incomplete information provided by you, (b) your misuse of our services or systems, or (c) your failure to comply with all terms of our agreements with you. For more information about your responsibilities, please see the Online Banking Service Agreement and the Web Safety Guarantee sections in the Account Terms, Disclosures and Agreements Booklet.
