Earn premium rates

High-Yield Money Market Account

• Earn 4.25% APY[1] on balances of $100,000+

• Earn bonus rates with a qualifying checking account

• No monthly fee with a $10,000 daily balance[2]

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Key Features of a High-Yield Money Market Account

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Premium Interest Rates

Earn the highest savings rates that WSFS has to offer.

Link Your Accounts and Earn

Link your money market with a WSFS Relationship Checking account to earn an even higher rate of interest.

Easy Money Management

Transfer funds between accounts and make unlimited deposits to your account without ever having to visit a banking office.[3]

FDIC Insured

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

Included With Your High-Yield Money Market

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Automatic Transfers

Set up so funds are automatically deposited into your account.
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Manage your accounts anywhere, anytime with WSFS Online and Mobile Banking.
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Link to your WSFS checking account for Overdraft Protection at no cost to you.
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Use Snapshot® Deposit to easily deposit checks right from your smartphone to start earning more.

Interest Rates

MINIMUM TO OBTAIN APY INTEREST RATE APY[4]
$0.01-$9,999.99 0.03% 0.03%
$10,000-$24,999.99 2.71% 2.75%
$25,000-$49,999.99 2.96% 3.00%
$50,000-$99,999.99 3.20% 3.25%
$100,000+ 4.16% 4.25%

What You Need to Know

  • Simply maintain a minimum daily balance of $10,000 per statement period to waive a $15 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.

See account details

See Deposit Product Services Cost Summary

Opening a High-Yield Money Market is Easy!

Step 1:

Share your basic information 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.

FAQs

What is a High-Yield Money Market Account?

High-Yield Money Market Account is a type of account that offers a higher interest rate and limited check-writing abilities. It provides a safe place to store your money while earning interest at a rate that is higher than a traditional savings account.

Are High-Yield Money Market Accounts FDIC insured?

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

Can I add money to a High-Yield Money Market Account?

Yes. You can add or transfer money into your account anytime online, by visiting a banking office, or by depositing checks with the WSFS mobile app. The High-Yield Money Market Account has a tiered interest rate, so the more you save, the more you earn.

Other Products That May be Right for You

Check out these related products.
A checking account with a wider range of benefits that rewards a deeper relationship with WSFS.
Know exactly how much interest you will earn on your savings with different time frames to meet your savings needs.
Simple savings account with the lowest monthly balance requirement.
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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.