Ramp up your interest-earning ability as your business builds its balance.
A Kearny Bank Business Tiered Money Market account enables your business to earn higher interest rates as its balance grows. Start earning interest with balances as low as $2,500, and watch your earning power increase as you reach higher tiered rates.
Your account also comes with no fees, free Online Banking with bill pay, free Mobile Banking with mobile deposits, unlimited in-person transfers, and up to 6 third party debits per statement cycle, enabling you to stay liquid and manage cashflow while still earning interest.
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|Tier||Min Bal. To Obtain APY||Interest Rate||APY|
|Tier 2||$10,000 to $24,999.99||0.05||0.05|
|Tier 3||$25,000 to $49,999.99||0.05||0.05|
Annual Percentage Yield (APY) is effective as of 09/01/2021. Rates may change after the account is opened.
Kearny Bank Business Debit Mastercard®
Use your Debit Mastercard to make everyday purchases anywhere Mastercard is accepted, and purchase payments will be deducted directly from your account. Your card can also be used at any ATM to get cash, check balances or make transfers.
SecureAlerts: Establish alerts for instant access to purchase activity. Alerts can be set via our mobile app or Online Banking.
Mobile Wallet: Add your Kearny Bank Debit Mastercard to your mobile wallet for faster purchases in-store, online and in-app.
Customized Usage Control: Reduce debit card fraud, set spending limits, monitor and manage your card through our mobile app.
Kearny Bank Rewards: Use your Debit Mastercard for purchases and earn FREE rewards. The more you use your debit card, the more points you earn. Learn More.
SmartCard for Business
Stay in control of your business debit card with SmartCard. Turn your business debit card on or off from the SmartCard mobile app and have peace of mind that your account is protected.
See details about your account, set alert preferences, allow and limit transactions based on your geographical location, limit card usage based on merchant type and establish spending limits.
Important Information for Our Clients
Be on the lookout for ATM skimming. Skimming occurs when criminals attach electronic devices to the card slots of ATMs to capture card numbers and personal identification numbers (PINs).
At Kearny Bank, we strongly encourage our ATM cardholders to periodically change their PINs to protect against fraudulent use of captured card numbers and PINs. You can easily change your PIN by calling 800-992-3808 at any time, day or night.
Overdraft Protection Options
Anyone can make a mistake. With Kearny Bank’s automatic transfer program you can avoid bounced checks and associated overdraft fees by linking your Kearny Bank savings account to your money market account. In the event you are overdrawn funds will be automatically withdrawn from savings. There is no fee unless a transfer occurs.
Line of Credit
You can also protect yourself from insufficient fund fees by applying for a line of credit and linking it to your money market account. If your money market account is ever overdrawn, the line of credit will automatically kick in to cover any checks up to your line limit. Interest is not charged until this convenient feature is used.