Monthly fee
$25
First Merchants Bank · Money market account
First Merchants Relationship Money Market Savings
−$300 a year on $10,000. $25 a month. $1,000 to open.
- A year on $10,000
- Receipt · A year on $10,000Checked Nov 1, 2026
Issuer document · firstmerchants.com · PDF
The source states this figure; we have no exact sentence on file yet.
- Balance
- $10,000
- APY
- not stated
- Monthly fee, a year
- $300
- A year
- −$300
- Monthly fee
- Receipt · Monthly feeChecked Nov 1, 2026
Issuer document · firstmerchants.com · PDF
The source states this figure; we have no exact sentence on file yet.
- To open
- Receipt · Minimum to openChecked Nov 1, 2026
Issuer document · firstmerchants.com · PDF
The source states this figure; we have no exact sentence on file yet.
In dollars
What it earns in a year
Interest at the APY for each balance, minus any monthly fee you’d pay. Pick your balance; the rail’s figure follows it.
Features
- Branch access
- Check writing
- Debit card
- Interest bearing
- Online opening
From the bank’s own pages. A feature not listed may still be offered: we list only what the bank states.
In the bank’s words
Terms
Rate conditions
- Balance needed for the APY
- $20,000firstmerchants.com, checked Nov 1, 2026
- To earn the APY
- $20,000 Total aggregate daily balance in Relationship Money Market and First Merchants Prosper Plus Checking Account
- First Merchants Prosper Plus Checking account
- Interest compounds
- Interest will accrue daily and credit monthly.firstmerchants.com, checked Nov 1, 2026
Fees
- Monthly fee
- $25 a monthfirstmerchants.com, checked Nov 1, 2026
- Ways to avoid the monthly fee
- $20,000 Minimum daily balance in Relationship Money Market Savingsfirstmerchants.com, checked Nov 1, 2026
- Minimum to open
- $1,000firstmerchants.com, checked Nov 1, 2026
- ATM network
- MoneyPass Surcharge Free ATM Networkfirstmerchants.com, checked Nov 1, 2026
- International ATM fee
- $3firstmerchants.com, checked Nov 1, 2026
- Incoming domestic wire
- $17firstmerchants.com, checked Nov 1, 2026
- Outgoing domestic wire
- $30firstmerchants.com, checked Nov 1, 2026
- Incoming international wire
- $20firstmerchants.com, checked Nov 1, 2026
- Outgoing international wire
- $50firstmerchants.com, checked Nov 1, 2026
- Inactivity fee
- $5firstmerchants.com, checked Nov 1, 2026
- Early closure fee
- $50firstmerchants.com, checked Nov 1, 2026
- Cashier’s check
- $8firstmerchants.com, checked Nov 1, 2026
- Stop payment
- $37firstmerchants.com, checked Nov 1, 2026
- Card replacement
- $10firstmerchants.com, checked Nov 1, 2026
FDIC-insured, up to $250,000 per depositor, per ownership category: FDIC BankFind.
Rates and fees change; the bank’s own page is the final word. Not all of this account’s figures are on record yet (rate missing). Report a mistake · How we make money