Hustler Money Blog

Best Bank Bonuses and Promotions

 

JP Morgan Self Directed Investing Bonus

MENU

Options

You are here: Home / Bank Rates / Paramount Bank Money Market Review: 0.05% APY (Many States)

Paramount Bank Money Market Review: 0.05% APY (Many States)

This post may contain references to products from our partners. We may receive compensation if you apply through our links. Thank you for supporting HustlerMoneyBlog. Here’s our full Advertiser Disclosure.

By Last updated:
Leave a Comment

Available for residents nationwide, Paramount Bank is offering a Money Market with 0.05% APY.

Continue reading below to learn everything you need to know about Paramount Bank.

About Paramount Bank Money Market Review

Paramount Bank is headquartered in Hazelwood, Missouri and was founded in 2004. The bank’s commitment to deliver market-leading deposit rates, product depth, best-in-class technology, and superior service to help clients meet their financial goals underscores why no two banks are the same.

CDs and IRA CDs are also offered with term lengths ranging from 7 days to 72 months.

They offer a competitive interest rate that, along with its money market account offering, targets consumers looking to maintain liquidity.

I’ll review Paramount Bank Money Market Checking below.

Note: Want to earn big bonuses? See our favorite banks including HSBC Bank, Chase Bank, Huntington Bank, Discover Bank, TD Bank, BBVA Bank or CIT Bank.

Paramount Bank Money Market 0.05% Rate 
KeyBank Checking Banner
Chase Business Checking Bonus Banner Ad

To earn Paramount Bank competitive rate, simply meet all the requirements. Once you qualify, you will start earning the 0.05% rate.

  • Account Type: Money Market
  • Interest Rate: 0.05% APY
  • Minimum Balance: None
  • Maximum Balance: None
  • Availability: FL, OH, IL, MO, IA, TX, CA, KS, AZ
  • Credit Inquiry: Unknown
  • Opening Deposit: $100
  • Credit Card Funding: Unknown
  • Monthly Fee: None
  • Early Termination Fee: None Listed
0.05% APY Rate with Paramount Bank

(FDIC Insured)

FEATURED BANK RATES
PROMOTIONAL LINKOFFERREVIEW
AlumniFi Credit Union Savings 4.75% APYReview
FVCbank Advantage Direct Savings 4.55% APYReview
Mission Valley Bank High Yield Savings4.27% APY + $500 BonusReview
Harborstone Credit Union Money Market 4.25% APY + $500 BonusReview
Western Alliance Bank High-Yield Savings 4.25% APY + $500 BonusReview
Paprika Capital Bank High Yield Savings4.22% APY + $500 BonusReview
Grand Bank Money Market 4.20% APY + $500 BonusReview
Live Oak Bank Savings 4.20% APYReview
CIT Bank Platinum Savings4.10% APY + $225/$300 BonusReview
mph.bank Money Market4.06% APY + $500 BonusReview
Upgrade Premier Savings4.02% APYReview
Liberty Savings Bank Savings4.01% APY + $500 BonusReview
Customers Bank High Yield Savings4.01% APY + $500 BonusReview
CIT Bank Savings Connect4.00% APYReview
Blue Federal Credit Union Money Market 4.00% APY + $500 BonusReview
Betterment Cash Reserve4.00% APYReview
Quontic Bank High Yield Savings 3.85% APYReview
SoFi Checking and Savings Account3.80% APY + $325 Bonus
Review
Valley Direct Online Savings 3.75% APYReview
Discover Bank Online Savings 3.70% APYReview
RBMAX High Yield Savings3.66% APY + $500 BonusReview
Discover Money MarketUp to 3.65% APYReview
State Exchange Bank High-Yield Savings3.10% APY + $500 BonusReview

ACH Capabilities & Limits

ACH Type Speed Daily $ Limit Monthly $ Limit Notes
Push ? ? ? ?
Pull ? ? ? ?

Editor’s Note: Help us with the table above in the comment section if you have experience with ACH capabilities.

How to Earn Paramount Bank Rates:

  1. Open a Money Market account with a $100 opening deposit at.
  2. Maintain any balance amount and earn the 0.05% APY rate.
Balance Requirement APY Rate
$0.01+ 0.05% APY

Why You Should Sign Up For This Account:

  • No opening deposit
  • There are no monthly fees
  • Mobile Banking
  • Free ATMs with MoneyPass®
  • FDIC Insured

Bottom Line

Paramount Bank is offering 0.05% APY when you open Money Market Account. This account is fairly easy to open and maintain though the rate is low.

For more bank offers, see the complete list of Best Bank Rates!

Check back often to see the latest info on Paramount Bank.

More

Filed under: Bank Rates

Disclaimer: These responses are not provided or commissioned by the bank advertiser. Responses have not been reviewed, approved or otherwise endorsed by the bank advertiser. It is not the bank advertiser's responsibility to ensure all posts and/or questions are answered.

About Anthony Nguyen

Anthony Nguyen, founder of HustlerMoneyBlog.com, has a passion for finding the best deals, bank promotions, credit card offers, cash back, points & miles, and everything in between. Contact Anthony for media/advertising.

View all posts by Anthony Nguyen

Leave a Reply

Your email address will not be published. Required fields are marked *

Advertiser Disclosure: Many of the credit card, cd, savings, checking offers that appear on this site are from credit card companies and other financial institutions from which HustlerMoneyBlog.com receives compensation. This compensation may impact how and where products appear on this site (including, for example, the order in which they appear). We do not feature all available credit card, cd, savings, checking offers or all financial institutions.
Editorial Disclosure: Opinions expressed here are the author's alone, not those of any bank, credit card issuer, airline or hotel chain, and have not been reviewed, approved or otherwise endorsed by any of these entities.