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Business Money Market Savings Account
Introductory Interest Rate
for 6 Months
Annual Percentage Yield
For new Santander® Business Money Market Savings customers with a $50,000 minimum balance and any Santander® business checking account.

Business Money Market Savings Account

Want a simple way to put your business capital to work? Take advantage of a Business Money Market Savings account. You’ll earn an attractive interest rate, plus you can always access your funds when you need them. 

Useful Links and Documents
Business Deposit Account Fee Schedule
Business Deposit Account Agreement


Business Money Market Savings Account Monthly Fees

Waive the $10 Monthly Fee on your Business Money Market Savings Account if you do either of the following:

  • • Maintain a $1,000 average daily balance in your account during the service fee period
  • • Also have an eligible Santander business checking account with the same ownership1

Is a Business Money Market Savings Account right for your business?


You’re looking to earn more interest than traditional savings accounts typically offer.

Growth Potential

You want your idle cash to work hard for you.


You’d like the option to occasionally access your money.

Benefits of a Business Money Market Savings Account


Use your account as overdraft protection for your business checking account.


Receive a competitive interest rate on your excess cash.


Six transfers and withdrawals each month without a fee.2

Additional Accounts

Discover additional services that may benefit your business.

◊◊Rates are available for new money market customers only. The introductory interest rate will apply during the first 6 months after the account is opened for accounts with balances of at least $50,000. This is a variable-rate account and the rate applicable to your balance tier may change at any time, except during the introductory period. Rates shown are in effect as of today and may change at any time. Rates may change after the introductory period without notice. Rate is available when account is opened within the residential ZIP code entered. Rates in other locations may vary. Fees may reduce earnings. A minimum deposit of $50 is required to open a Santander Business Money Market Savings account. This offer is available only for businesses with annual sales no greater than $3MM. Must have or open a Santander® business checking account. The Monthly Fee is waived when you have any Santander business checking account with the same primary ownership or a minimum daily ledger balance of at least $1,000 (otherwise, $10). All other fees apply. Contact a banker for further information about applicable fees and terms.

1Avoid the monthly fee by having a Basic Business Checking, Business Checking, Business Checking Plus, Business Interest Checking, Business Banking Analyzed Checking, Business Banking Analyzed Checking Premier, or Business Banking Analyzed Plus Interest Checking account owned by the same business entity owner of this account.

2You can withdraw or transfer funds from a savings or money market savings account a total of six (6) times per Service Fee Period (such as by automatic or pre-authorized transfers using telephone banking, online banking, mobile banking, overdraft protection, payments to third parties, wire transfers, checks, and drafts). We will charge you a fee if you exceed these limits. If you repeatedly exceed these limits, we may close your account or convert it to another type of account that does not limit withdrawals, and it may be an account that pays less or no interest. If we elect to close or convert your account we will notify you.