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Money Market Account

Ready to start saving for a larger goal and earn more? A WSFS Money Market may be the choice for you.

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Key Features of a Money Market Account

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Tiered Interest Rates

The higher your account balance, the more interest you will earn.

Your Money Market Account Can Lead to More Perks

Link your account to a Relationship Checking account to unlock additional benefits

FDIC Insured

Your account is FDIC insured to the maximum amount permitted by law.

Included With Your Money Market Account

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Automatic Savings

Get to your savings goal quicker with automatic transfers from your linked accounts.
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Online & Mobile Access

Bank anytime, from just about anywhere, with Online & Mobile Banking.
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Free Overdraft Protection

Use your WSFS Money Market to cover overdrafts when linked to a WSFS checking account.
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Mobile Check Deposit

Use Snapshot® Deposit to easily deposit checks right from your smartphone to start earning more.
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Interest Rates

MINIMUM TO OBTAIN APY INTEREST RATE APY[1]
$0.01-$4,999.99 0.05% 0.05%
$5,000-$9,999.99 0.05% 0.05%
$10,000-$24,999.99 0.20% 0.20%
$25,000-$49,999.99 0.20% 0.20%
$50,000-$99,999.99 0.20% 0.20%
$100,000-$249,999.99 0.30% 0.30%
$250,000-$499,999.99 0.30% 0.30%
$500,000+ 0.40% 0.40%

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What You Need to Know

  • Simply maintain a minimum daily balance of $5,000 per statement period to waive a $12 monthly fee.
  • Minimum opening deposit is $100.
  • Minimum balance requirement is waived for the first three months of account opening so you have time to build up your balance.

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See Deposit Product Services Cost Summary

Opening a Money Market Account is Easy!

Step 1:

Share your basic info for account setup. We’ll need some personal information to get your account started.

Step 2:

Make your first deposit. Minimum opening deposit is $100.

Step 3:

Check your email for a confirmation. Get online access right away and start using your account.
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FAQs

What is a Money Market Account?

A Money Market Account is like a savings account but offers a higher interest rate and easy access to funds via limited check writing and a debit card.

Are Money Market Accounts FDIC insured?

Yes. Money Market Accounts are insured up to the maximum allowable legal limits. Check out the FDIC’s website for more information.

How can I access my Money Market Accounts?

You can access money from your WSFS Money Market Account via a check, debit card, and in-person at a WSFS Banking Office. Please note that account transfers and withdrawals may be limited.[2]
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Other Products That May be Right for You

Check out these related products.

High-Yield Money Market

Earn premium rates while maintaining easy access to your money.
Learn more

Fixed-Rate CD

Know exactly how much interest you will earn on your savings with different time frames to meet your savings needs.
Learn more

Core Savings Account

Simple savings account with the lowest monthly balance requirement.
Learn more
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Questions?

Our friendly Associates are here to help 7am-7pm (M-F) and 9am-3pm (on weekends) at 888.973.7226, by scheduling an appointment or visiting the nearest WSFS Banking Office.
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