The costs you will incur
You must have or open a Sovereign Premier or Business Owner Premier Checking account to qualify for this account. If your Sovereign Premier or Business Owner Premier Checking account is closed the monthly maintenance fee is $10 which can be waived by maintaining an average daily balance of $10,000.

What you need to proceed
Opening a Premier Money Market Savings account is easy—you'll need to provide the following information for each person named on the account:

• Social Security Number
• Current address and prior address if you have lived at your current address for less than two years
• Driver's license number
• School/employment information
• Phone number and email address