Choice Money Market | Byline Bank

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You deserve more.

Receive up to 1.90% APY when you open a Choice Money Market account*.

Effective Date: May 1, 2019

Account Balance TiersAnnual Percentage Yield (APY)Interest RateCompounding and Payment PeriodMinimum Deposit to OpenMinimum Balance to Avoid Monthly Service FeeMinimum Balance for APY
$10,000 or greater1.90%1.884%Monthly$1,000$10,000$10,000
Less than $10,0000.10%0.095%Monthly$1,000$10,000$2,500

*New money only. Rates and annual percentage yield (APY) are effective 5/1/2019. We reserve the right to cancel or change the promotion at any time. A $1,000 minimum deposit is required to open the account. The minimum balance required to earn interest is $2,500. A $10,000 minimum daily balance is needed in order to avoid the $25 monthly fee. Fees may reduce earnings on the account. If the daily balance is $10,000 or more, the interest rate paid on the entire balance in the account will be 1.884% with an APY of 1.90% If the daily balance falls below $10,000 and remains over $2,500, the interest rate paid on the entire balance in the account will be 0.095% with an APY of 0.10%. Money Market accounts are limited to six (6) pre-authorized transfers per statement cycle. See account disclosure and rate sheet, on bylinebank.com/rates, for additional terms and conditions. © 2019 Byline Bank. Member FDIC