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All regular account opening procedures apply. The minimum deposit to open a Platinum Business Money Market is $100.
1. Annual percentage yields accurate as of date noted above. $5,000 from a source outside of U.S. Bank required to open. The introductory bonus interest rate will be applied to a new Platinum Business Money Market account when a customer also participates in one of the Business Banking Packages (Silver, Gold, Gold with Interest, Platinum). The bonus interest rate will be added to the standard variable interest rate and APY in effect at that time for a 3-month period. At the end of the 3-month period, the bonus interest rate will be removed and the standard variable interest rate and APY will apply. Rates are variable and subject to change at any time without notice.
2. For Platinum Business Money Market accounts with $1 million or more in balances, the bonus rate does not apply. Please see your banker for details.