How would you like to watch your money grow? New York Community Bank is offering residents of Arizona, Florida, New Jersey, New York and Ohio a generous 1.50% APY when you sign up and open a new Platinum Plus Money Market Checking Account. For those who are interested, all you would need to do is have a opening deposit of $100,000 into your new membership account. Not only will you receive the rate, but you will be able to earn the same rate whether you are providing the $100,000 or $500,000! How great is that? Once you have met the deposit requirement, you will receive a generous rate as well as a wide selection of features to better your banking experience. If you would like to simplify your experience, then definitely head on over to your local branch and start today! However, you better act fast, as the rates are subjected to change.
New York Community Bank Account Summary:
- Apply Now
- Account Type: Money Market Account
- Rate: 1.50% APY
- Availability: AZ, FL, NJ, NY, OH(Branch Locator)
- Expiration Date: None
- Soft/Hard Pull: Soft Pull or Hard Pull? Let us know!
- Direct Deposit Requirement: No
- Additional Requirements: None
- Avoid Monthly Fee: None
- Early Termination Fee: There will be a fee if your account is closed within 180 days of opening.
New York Community Bank Requirements:
- Open a new Money Market Account
- Provide $100,000 at account opening to earn the stated APY rate
- Rates may change at any time before or after account is opened.
Mutual Bank Fine Print:
- The minimum balance to open the NYCB Platinum Plus Money Market Checking account is $2,500.
- Must be opened with new money not currently on deposit with the Bank.
- The account is a tiered rate account.
- If your daily balance is between $2,500.00 and $24,999.99, the APY is 0.25%
- If your daily balance is between $25,000.00–$99,999.99, the APY is 0.50%.
- No interest is paid on balances below $2,500.00.
- Offers not available for business and non-profit accounts.
- Offers may be withdrawn at the discretion of the bank at any time.
If you are a current resident of the states listed and would like to start a new banking experience, then I would definitely recommend checking out the current promotion New York Community Bank is offering. For a limited time, simply meet the opening deposit requirement and you could be well on your way to enjoying the rate. Additionally, you will be able to utilize a host of account features. However, this account is limited geographically. If you qualify, this might be quite worthwhile. However, if you are not currently interested, be sure to check out our list of best savings rates for all your saving needs!