A Guide to Your Frost Money Market Account

Member FDIC

Account Overview
Frost Money Market Account

An easy way to keep your
money liquid and growing.
  • Tiered interest paid monthly
  • Six free check withdrawals per statement cycle
  • Unlimited lobby and ATM withdrawals
  • Free imaged checks
  • Can be used as overdraft protection for your checking account
Account Opening and Monthly Service Charge
Minimum Opening Deposit $50
Pays Interest YES
Monthly Service Charge


How to Avoid the Monthly Service Charge $0 Monthly Service Charge when you maintain a $15,000 minimum daily balance OR if you own a Frost Premium Account.

Interest Information

Interest Rate and APY

The interest rate and annual percentage yield may change at any time at our discretion.

Balance Interest Rate Annual Percentage Yield
$0.00 - $9,999.99 0.40% 0.40%
$10,000.00 - $24,999.99 0.40% 0.40%
$25,000.00 - $49,999.99 0.45% 0.45%
$50,000.00 - $99,999.99 0.50% 0.50%
$100,000.00 - $249,999.99 0.85% 0.85%
$250,000.00 - $999,999.99 1.24% 1.25%
$1,000,000.00 - $2,499,999.99 1.24% 1.25%
$2,500,000.00 and Over 1.24% 1.25%
The interest rate and annual percentage yield may change at any time at our discretion. (Fees could reduce earnings on account.) Rates effective as of 04/23/2019.
How the interest is calculated We use the daily balance method to calculate the interest on your account. This method applies a daily periodic rate to the collected balance in the account each day.
How Interest is Compounded Interest will be compounded and credited to the account monthly. If you close your account before the interest is credited, you will receive the accrued interest.
When Interest Begins to Accrue Interest begins to accrue no later than the business day we receive credit for the deposit of non-cash items (for example, checks).

Account Limitations

How Many Transfers and Withdrawals are Allowed per Statement Cycle Transfers and withdrawals made in person or at an ATM are unlimited. However, federal regulations limit the number of transfers to another one of your accounts at Frost or to a third party by means of a pre-authorized or automatic transfer, telephone transfer, computer transfer or by check, draft, debit card or similar order, to a combined total of six per statement cycle. This includes overdraft protection transfers and Frost online banking transfers and bill payments.
Excess Check Fee Six free check withdrawals are allowed per statement cycle There is a $10 excess check charge for each additional check over six paid during the statement cycle.

ATM Fees

Frost ATMs​ $0
Pulse Point-of-Sale Terminals $0
Participating H-E-B Locations $0
Participating Corner Store Locations $0
Non-Frost ATMs $2 for any Inquiries, Transfers or Withdrawals while using a non-Frost ATM, plus any fees the ATM owner charges.
Notice regarding ATM fee by others - If you use an automated teller machine that is not operated by us, you may be charged a fee by the operator of the machine and/or an automated transfer network and you may be charged a fee for a balance inquiry even if you do not complete a funds transfer
Overdraft Fees
Overdrafts Created by: check, in-person withdrawal, ATM withdrawal or other electronic means

$34 ($35 effective May 1, 2019) for each item we pay that overdraws your account more than $5, up to a maximum fee of $170 ($175 effective May 1, 2019) per day

Non-sufficient Funds

$34 ($35 effective May 1, 2019) per item that we do not pay

Overdraft Protection Transfer, Each Advance from:

• Another
deposit account

• Line of credit
(subject to credit approval)


$0 (interest will apply on the outstanding balance)

How Deposits and Withdrawals Work
How Deposits and Withdrawals Are Processed

Deposits and credits are processed first. Withdrawals are processed next, in the following order:

  • ATM and debit card transaction processed in the order they are received by us
  • Wire transfers, cash withdrawals and other transactions for which authorization has already occurred, from lowest to highest
  • Loans payable to us, from lowest to highest
  • Checks and ACH transactions, from lowest to highest
  • Bank service fees, from lowest to highest

For complete details, please refer to our Deposit Account Agreement and Other Disclosures available online or upon request.

Funds Availability Policy

When funds deposited to your account are generally available:

  • Cash and electronic deposits—same business day
  • Checks—the business day following the date of deposit

Longer delays may apply under certain circumstances. If a longer delay applies, we will notify you and funds will generally be available no later than the seventh business day.

This represents our general policy—for additional details, please refer to our Funds Availability Policy in our Deposit Account Agreement and Disclosure available online or upon request.

Miscellaneous Fees
Account Research/Statement Balancing $20 per hour ($20 Minimum)
Check Certification $10
Check Order $2 per item (first five items free for Imaged customers)
Check Order FEE VARIES
Cashier's Check $5 per item
Money Order $3 ($5 effective May 1, 2019) per item
Return Item $4 ($5 effective May 1, 2019) per item
Statement Copy $2 per copy
Stop Payment $30 per item
Wire Transfer


Incoming Wire Transfer $12 per item
Domestic Collection Item $20 per item
Foreign Collection Item $40 per item
Hold Mail at Financial Center for Pick Up $10 per month

Member FDIC