Money
Market
Accounts

High Yield Savings With Flexibility

Money market accounts are a great high yield savings option to earn a little extra interest on that money you’re saving for something down the road, like a family vacation, wedding, or down payment. One advantage of a money market account is after you make your initial deposit you still have access to the funds, unlike a CD.

Rates As High As
3.50% APY*

More Flexibility
Than A CD

Unlimited Monthly Deposits
& Withdrawals

Interest Is Accrued Daily And Is Paid Out Monthly

Compare Money Market Accounts

Amplify
Money Market

  • Earn up to 3.50% APY* on ALL balances after meeting a few easy requirements!**
  • Free account with no monthly fees
  • Unlimited deposits and withdrawals
  • No interest tiers based on account balance

Surge
Money Market

  • Earn up to 2.00% APY* on balances up to $2,500
  • Free account with no monthly fees
  • Unlimited deposits and withdrawals
  • Ideal for members looking to establish a saving habit

Momentum
Money Market

  • Free account with no monthly fees
  • Unlimited deposits and withdrawals
  • An option to consider for long-term savers who still want access to their funds

Amplify Money Market

Surge Money Market

Momentum Money Market

Earns Highest Interest Rate*

Ideal For Members Who Use Honor Cards

Starts Earning Interest With a $0.01 Balance

Ideal For Establishing a Saving Habit

Free Account With No Monthly Fees

Unlimited Deposits & Withdrawals

Amplify Money Market Account

Advantages

Amplify Money Market Rate

Amnt Base Rate Base APY* Bonus Rate Bonus APY**
$0.01 and up 0.50% 0.50% 3.44% 3.50%
Rates accurate as of Jul 15, 2024
*APY = Annual Percentage Yield. Rates accurate as of 9/1/23. $0.01 minimum deposit required to earn the base dividend of 0.50% APY. **An additional bonus dividend of 3.00% APY requires at least 1 cleared credit card transaction per month on a Select Credit Card or Select Rewards Credit Card account AND at least 1 cleared signature-based debit card transaction(s) per month (PIN-based transactions not eligible) on a Benefits Checking, Connect Checking or Simplified Checking account – please note that Honor posts transactions based on how they are received from merchants. Accounts meeting both of the qualifying requirements will earn a total dividend of 3.50% APY. Rates are variable and subject to change without notice. Insured by NCUA.

**Easy Bonus Requirements

To earn the extra interest simply meet the easy requirement below.

Open an Account*

Open an Amplify Money Market account with at least $1.

Swipe Your Honor Cards

Use your Honor debit card AND credit card once per month.
(Pin transactions not eligible)

Earn 3.50% APY!*

It's that easy. Just open an account and use your Honor cards!

Surge Money Market Account

Advantages

Surge Money Market Rates

Amount Interest Rate APY*
$1.00 - $2,500.00 1.982% 2.00%
$2,500.01 - $5,000.00 0.995% 1.00%
$5,000.01 - $10,000.00 0.500% 0.50%
$10,000.01 - $50,000.00 0.250% 0.25%
$50,000.01 + 0.150% 0.15%
Rates accurate as of Jul 15, 2024
*APY= Annual Percentage Yield. No minimum balance required to open Surge Money Market. Interest will be paid monthly on balances within each tier and in a blended fashion. The Surge Money Market is a variable rate share product with no set term. Limit one Surge Money Market Account per membership. Rates subject to change.

Momentum Money Market Account

Advantages

Momentum Money Market Rates

Amount Interest Rate APY*
$2,500.00 - $49,999.99 0.150% 0.15%
$50,000.00 - $99,999.99 0.30% 0.30%
$100,000.00 - $249,999.99 0.60% 0.60%
$250,000.00 - $499,999.99 0.80% 0.80%
$500,000.00 + 0.99% 1.00%
Rates accurate as of Jul 15, 2024
*APY= Annual Percentage Yield. Rates are variable and subject to change without notice after account is opened. By federal regulation, some restrictions may apply.

Money Market FAQs

Rates are subject to change at any time. Please refer to the rates tables on this page for the most up to date interest rates.

The Surge account is considered a reverse money market. The interest rate is higher on lower balances and decreases as your balance increases. It’s ideal for people who don’t have a large sum of money to establish savings habits.

There are no minimum balance fees on the Surge account.

An Amplify Money Market is a relationship-based, high-interest money market savings account. You earn a base rate and then earn a bonus rate simply by using your Honor credit and debit cards once per month.

There are no monthly or minimum balance fees on the Amplify account. All you need is $1 to open an Amplify account and start earning interest.

  • A Surge Money Market account is considered a reverse money market account. When your balance exceeds $2,500 the interest rate you earn begins to lower.
  • With an Amplify account, you earn the same 0.50% APY* base interest rate, and additional 1.50% relationship bonus rate by swiping your Honor debit and credit cards no matter your balance. There is no cap on interest earned.

Other High Yield Savings Options

Certificate of Deposit (CD)

A certificate of deposit (CD) is an easy way to earn a return on your deposited funds with a wide range of terms to choose from.

Benefits Checking

With our free Benefits Checking account you earn a high interest rate on your average daily balance, and receive ATM fee reimbursements.

Honor Investment Services

If you’re planning for retirement, for college, or a large future event, our team at Honor Investment Services can help set you up for success!

Tips To Save Money

We know it’s not always easy to build up your savings account, so we have included some helpful tips and tricks from our blog to help you reach your savings goals.

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What Is a Money Market Account?

Money markets typically offer better rates than savings accounts, are great for short and long-term savers, and give you the flexibility of unlimited deposits and withdrawals.

^Annual Percentage Yield (APY) accurate as of 3/1/21. Your interest rate and APY will be based on the balance in your account. Rate is variable and may change after account is opened. Fees can reduce earnings. Insured By NCUA.

Zero Down Payment Offer

To make the process as simple as possible with our Zero Down Payment mortgage offer, we encourage you to speak with a mortgage expert so they can explain the requirements and guide you through the process!

Find An Expert Near You

Need Help? Contact us at 800.442.2800 and we will help you get started with the application process.