Earn up to 5.25% APY with our special rate Money Market account. 

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Elevate your APY today.

Rates are guaranteed until Oct. 31, 2024.

5.25% APY*

Earn up to 5.25% APY on balances of $50,000 and greater. 

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3.25% APY*

Earn up to 5.25% APY on balances of $25,000 to $49,999.

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2.50% APY*

Earn up to 2.50% APY on balances of $5,000 to $24,999.

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At BayFirst, we’re Here for What’s Next®, and that includes your next high-interest money market account. For more than 20 years, we’ve helped customers maximize their savings to reach their long-term goals by offering some of the best money market account interest rates available. We promise an easy account opening process, safe and secure banking, and an expert team that has your best interest in mind, in more ways than one.

Get the most out of your money.

Make more from your money with an above-market rate and take advantage of all that comes with a BayFirst account.

Account Features*

  • Only $1,000 to open
  • $20 monthly maintenance fee waived with a minimum monthly account balance of $1,000
  • Tiered interest rates
  • Up to six transactions per month
  • Unlimited in-person, by mail or ATM transfers and withdrawals

Online & Mobile Banking

  • BayFirst Mobile Banking App
  • 24/7 Online and Mobile Banking access
  • Online bill pay
  • Mobile deposit and free eStatements
  • Bank-to-bank transfers
  • Get paid up to two days early with Forward Pay
  • Free credit score monitoring

Other Benefits

  • Easy access to your funds
  • Interest compounded daily and paid monthly
  • Up to $250,000 insured by the FDIC
  • Customer support through the BayFirst Call Center

What's Next? Open your account in minutes.

  • Open Online

    Provide your information to open your Money Market account in under 10 minutes.

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  • Make a Deposit

    Fund your account with an initial deposit digitally, for free.

  • Earn on Your Balance

    Earn big on your balance and enjoy easy access to your money.

Open one of our best high-yield bank accounts in person or online and tap into the interest-earning power that comes with it. Opening your account online only takes minutes. Enjoy access to your funds while you watch them grow.

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Have Questions?

High-Yield Money Market FAQs

A high-yield money market account is a savings account that offers a higher interest rate compared to traditional savings accounts. These accounts often require a higher minimum balance but provide greater returns thanks to their competitive money market rates.

High-yield money market accounts differ from regular savings accounts primarily in terms of the interest rate they offer. While traditional savings accounts may offer modest interest rates, high-yield money market accounts like our special rate Money Market account typically provide higher returns. With our account, the higher your rate, the higher your reward.

Several banks and credit unions offer competitive high-yield money market accounts, but BayFirst offers more than just one of the best rates around. With us, you can also expect excellent customer service, all the online and mobile banking features you need, plus transparent fee structures, and more.

You can open your account online or on a mobile device in minutes or stop into any BayFirst banking center.

Yes, this high interest deposit account is FDIC-insured up to the maximum allowable limit of $250,000. Open your special rate account today and earn more interest with peace of mind knowing that your money is secure.
*Money Market: You will receive 5.25% APY (Annual Percentage Yield) on balances of $50,000 or more, or 3.25% APY on balances of $49,999 to $25,000 or 2.50% APY on balances of $24,999 to $5,000 or 0.00% APY on balances below $5,000.  Minimum $1,000 to open. After 10/31/2024 rates are variable and are subject to change at the bank’s discretion. Rates are calculated on a daily balance method. Fees may reduce earnings. You may make six (6) withdrawals/transfers from your account each month, by pre-authorized or automatic transfer, or telephone (including data transmission) agreement, order or instruction. Transfers and withdrawals made in person, by mail, or at an ATM are unlimited. Minimum balance to avoid $20 monthly fee is $1,000. Rate is effective as of 5/16/2024. This offer is only available on new money to BayFirst National Bank.