Available nationwide, Piermont Bank High-Yield Business Money Market is offering up to 4.00% APY.
Update 6/24/25: The rate has increased to up to 4.00% APY from 3.50%. This account offers a highly competitive rate for business interest bearing accounts.
About Piermont Bank High-Yield Business Money Market
| Balance Tiers | % APY |
| $0 to $19,999.99 | 0.75% |
| $20,000 to $1,000,000 | 4.00% |
Piermont Bank High-Yield Business Money Market Rate
- Learn More at Piermont Bank
- Account Type: High-Yield Business Money Market
- Interest Rate: Up to 4.00% APY
- Availability: Nationwide
- Minimum Balance: $20K to earn higher tier rate
- Maximum Balance: N/A
- Credit Inquiry: Unknown
- Opening Deposit: $1,000
- Monthly Fee: $25 monthly maintenance fee waived if you maintain a monthly average balance of $1,000
- Early Termination Fee: None listed
(FDIC Insured)
How to Earn Piermont Bank Rate
- Open a Piermont Bank High-Yield Business Money Market account.
- Earn 4.00% on $20,000 to $1,000,000 balance.
Why You Should Sign Up For This Account
- Open an account completely online in minutes to get the best of banking and yield on your funds.
- The first FDIC designated multi-racial Minority Depository Institution (MDIs) in the nation It is the only bank with a female CEO, female Board Chair, and a board that is 78% women.
- Make a return on the funds you don’t need to access regularly
- Access to world-class online and mobile banking 24/7
- Variable interest rates, unlimited deposits
- FDIC-insured up to the maximum allowed by law. Extended FDIC insurance available for enrollment
- $25 monthly maintenance fee waived if you maintain a monthly average balance of $1,000
- Maximum six debit transactions per monthly statement cycle by check, debit card, online banking or electronic transfer or payment to a third party
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Bottom Line
Check out Piermont Bank and open a High-Yield Business Money Market account to earn a competitive rate on your funds! Let us know about your experience with this bank and comment below.
For more bank offers, see the complete list of Best Bank Rates!
If you are interested in a new bank promotion, take a look at our favorite banks including HSBC Bank, Chase Bank, Huntington Bank, Discover Bank, TD Bank, or CIT Bank.
Check back often to see the latest info on Piermont Bank High-Yield Business Money Market Account.
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