Available nationwide, Bank 7 has a new Online Money Market Account offer of 3.50% APY, you will be able to save for your financial future while still having access to a range of beneficial account features. Continue reading to learn more about this account and rate.
Bank 7 Online Money Market Account Review
Bank 7 is a full-service Oklahoma-based community bank chartered in 1901 and relocated to Oklahoma City in 2005. With locations throughout Oklahoma, Kansas, and Texas, Bank 7 has expanded its footprint to service the communities in which they live.
I’ll review Bank 7 Online Money Market account below.
Bank 7 Online Money Market Rate
To earn Bank 7’s competitive rate, just provide a deposit of $5,000 at account opening. Additionally, you will receive the same great rate with a balance of up to $999,999.99.
- What you’ll get: 3.50% APY
- Eligible account: Money Market
- Credit Inquiry: Soft Pull or Hard Pull? Let us know
- Where it’s available: Nationwide (Bank Locator)
- Opening Deposit: $5,000
- Monthly fee: $15.00 minimum balance charge per month if daily balance falls below $5,000
- Early Termination Fee: None listed, check with CSR
(FDIC Insured)
How to Earn Bank 7 Rate
- Open a new Online Money Market Account
- Must have $5,000 at account opening to qualify for the stated APY rate
- Receive the stated APY rate once requirements are met
| Balance Requirement | APY Rate |
| $.01 – $999,999.99 | 3.50% APY |
Bank 7 Account Features
- $5,000 deposit to open account
- No minimum balance to obtain APY
- Competitive, tiered variable rate of interest compounded and paid monthly
- $15.00 minimum balance charge per month if daily balance falls below $5,000
- Visa® Debit Card
- Online Banking and Bill Pay
- Mobile Banking with Mobile Deposit
- Check and deposit images returned in eStatement (eStatements required for this account. Paper statements may be available for a $15.00 monthly fee)
- Total of six checks, debit card transactions, transfers (online, mobile, or by telephone), preauthorized or automatic withdrawals allowed per month
- – $3 fee per withdrawal after six per month
- No charge for withdrawals made in person or at an ATM
- For Bank7 New Customers Only
Bank 7 Online Money Market Fees
These fees may be incurred:
- $29 Overdraft item fee
- $29 Returned item fee
- $25 Stop payment per request
- $ 7 Deposited Checks Returned Unpaid
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Conclusion
Be sure to check out this rate at Bank 7. Not only are you able to save for your financial future, but you will be able to access your account with a range of features that will most definitely better your financial health!
In addition to the rate from Bank 7, check out our list of best rates Savings, Money Market, and CD accounts.
If you are interested in expanding your financial future, definitely use our bank bonuses page to find other offers. Some popular bank offers include Chase Bank, Discover Bank, TD Bank, Huntington Bank, HSBC Bank, and many more.
Let us know about your experience with this bank and comment below.
Check back often to see the latest info on Bank 7 Online Money Market account.
