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Earn interest. Keep your savings within reach.

The High Yield Money Market account offers one of our highest rates of interest on a savings account, while giving you easy access to your money.

Account Details1 :

  • Our highest interest rate account
  • $1,000 to open
  • $10,000 minimum balance to earn APY and waive $25 monthly maintenance fee
  • Online & mobile banking2
  • Debit card included3

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Deposit Account Rates Effective Date: May 17, 2021

Account TypeAnnual
Yield (APY)
Payment Period
to Open
Minimum Balance
to Avoid Monthly Service Fee
Minimum Balance
for APY
High Yield Money Market0.03%0.025%Monthly$1,000$10,000$10,000
Money Market0.01%0.010%Monthly$1,000$2,500$2,500
High Interest Checking0.01%0.010%Monthly$100$2,500$2,500
Prime Life Checking0.01%0.010%Monthly$100$0$2,500
Health Savings0.03%0.025%Monthly$1$0$1
Statement and Passbook Savings0.05%0.046%Monthly$100$200$1
Junior Banker Statement and Passbook Savings0.05%0.046%Monthly$1$0$1
IRA Savings0.05%0.046%Quarterly$250$0$1
Freedom Personal CheckingN/AN/AN/A$100$0N/A
Student CheckingN/AN/AN/A$1$0N/A
Interest rates on all accounts are set at the bank’s discretion. Interest rates and annual percentage yields may change at any time without notice.

On High Yield Money Market Accounts, if the daily balance is $10,000 or more, the interest rate paid on the entire balance in the account will be 0.025% with an annual percentage yield of 0.03%. If the daily balance falls below $10,000, the interest rate paid on the entire balance in the account will be 0.010% with an annual percentage yield of 0.01%. If the daily balance falls below $10,000, there is a $25 monthly service fee.

Prime Life and High Interest Checking are tiered products that may pay interest according to the following balance tiers: $2,500.00; $10,000.00; $50,000.00 and $100,000.00.

Student Checking account requires a parent or legal guardian to be listed as a joint owner for minors between the ages of 13-17. When a minor account owner reaches the age of 18, he or she may transition the Student Checking account to another checking account product. When the minor account owner reaches the age of 25, the Student Checking account will automatically be transitioned to the then-offered general personal checking account product.

On Statement Savings accounts, if the daily balance falls below $200, a $3 monthly service fee applies.

For all accounts you must maintain the minimum required balance in the account each day to obtain the annual percentage yield listed above. We use the daily balance method to calculate interest on the account. This method applies a daily periodic rate to the principal in the account each day. Interest begins to accrue on the business day you deposit any non-cash items (for example, checks). Accounts closed before the interest payment date will not earn accrued interest for that period.

IRA deposits or withdrawals (with the exception of pre-authorized withdrawals) can be made at any time to the IRA Savings.

Consult your tax or legal professional about the tax benefits applicable to a Health Savings Account.

See Deposit Account Agreement and Disclosures for terms and conditions. Fees may reduce earnings on the account.

©2021 Byline Bank. Member FDIC.
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Debit Cards

Accepted everywhere Mastercard is accepted. Get cash from 50 Byline branches or thousands of Allpoint® ATMs nationwide. Our debit cards put you in control.

Mobile & Online Banking

With Byline, where you are won’t impact where you’re going. Manage your checking from anywhere with our comprehensive mobile and online banking options. The Byline phone app is available in the Apple App Store and the Google Play Store.

See which savings account is right for you.

Statement Savings

Let’s start that rainy-day fund.

  • $3 monthly service fee
  • Or $0 with $200 minimum monthly balance

Health Savings Account

Earn interest while saving for future medical expenses.

  • You decide how much money to set aside for health care costs
  • Any unused money at the end of the year stays in your account

Junior Banker Savings

Start your child out right. Get them saving for their future.

  • $0 monthly service fee (age 18 or younger)
  • $0 minimum balance