EverBank (See Table Below), an Internet-only bank, is offering 1.21% APY 12-month guaranteed rate for their Money Market Account. For their Money Market Account, you must have an opening deposit of at least $5,000 with no monthly account fee. And, with EverBank’s Yield Pledge Promise, your yields will always be in the top 5% of Competitive Accounts. The 12-month introductory interest rate of 1.21% APY is for balances up to $250,000. There is no monthly account fee so see check out if EverBank is a good fit for you!
Yield Pledge Money Market Account Summary:
- Apply Now (See Table Above)
- Account Type: Yield Pledge Money Market
- Rate: 1.21% APY(first twelve months only) for balances up to $250,000
- Availability: Nationwide
- Expiration Date: None
- Soft/Hard Pull: Soft pull, ChexSystems only.
- Direct Deposit Requirement: None
- Additional Requirements: You must open the account with $5,000 minimum funding requirement.
- Monthly Account Fee: None
- Early Termination Fee: No.
Yield Pledge Money Market Account Features:
- Top 5% yields of Competitive Accounts, always
- $5,000 to open
- Move money up to 6 times a month
- Mobile check deposits
- No monthly account fee
- IRA eligible
Some people are concerned with Everbank being an online-only bank. However, Everbank has been around for years and your money is FDIC-insured for up to $250,000. There is no monthly or annual account fee, along with ATM fee reimbursement with minimum balance. You can deposit checks or see your balances anywhere using their Android or iPhone app. Enjoy the convenience of online only banking along with their great rate of 1.21% APY guaranteed for the first twelve months! Find all the best savings rates from our exclusive list nationwide!
Disclaimer: Rates / APY terms above are current as of the date indicated. These quotes are from banks, credit unions and thrifts. Bank, thrift and credit union deposits are insured by the FDIC or NCUA. Contact the bank for the terms and conditions that may apply to you. Rates are subject to change without notice and may not be the same at all branches.
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