Offer value details
WSFS Bank lists a High-Yield Money Market Account with tiered APYs, online opening, mobile access, and deposit-account context.
Qualification requirements
The official page lists a $100 minimum opening deposit. The highest reviewed APY tier is for balances of $100,000 or more; lower balance tiers have lower APYs.
Fees and costs
WSFS lists a $15 monthly maintenance charge that can be waived with a $10,000 minimum daily balance. The account details page says the minimum-balance requirement is waived for the first three months, and the cost summary lists possible ATM, overdraft, stop-payment, wire, inactivity, and early-closing costs.
Availability
WSFS shows an online opening path for personal accounts. Account opening remains subject to WSFS approval, identity checks, funding rules, geography or eligibility screens in the application flow, and current provider terms.
What to verify
- The APY is variable and WSFS says the rates are subject to change.
- The 3.00% APY applies only to the $100,000-or-more balance tier in the reviewed disclosure.
- A $15 monthly maintenance charge can apply if the $10,000 minimum daily balance waiver is not met after the first three months.
- WSFS says fees assessed to the account may reduce earnings.
- The account has transfer limits for preauthorized withdrawals, automatic, online or telephonic transfers, checks, drafts, wires, and similar transactions.
Confirm current provider terms
Rates, rewards, fees, qualification rules, eligibility, and deadlines can change. Review the provider terms before applying.