Available to residents nationwide, Northern Bank Direct is offering 1.51% APY on balances up to $250,000 on their Money Market Account. To qualify for the attractive rate, simply open an account with a minimum opening deposit of $5,000. Not only are you able to earn the attractive rate, but with an average daily balance up to $250,000, you can now earn more without having any worries! With an account from Northern Bank Direct, you have access to features such as online and mobile banking, no monthly service charges, and so much more! For those who are interested, be sure to apply as soon as you can, as the rate is subject to change!
Northern Bank Direct Account Summary:
- Sign Up
- Account Type: Money Market Account
- Rate: 1.51% APY
- Availability: Nationwide
- Expiration Date: None
- Soft/Hard Pull: Soft Pull
- Direct Deposit Requirement: Unknown
- Additional Requirements: Promotional Money Market offer for a limited time only for new accounts opened June 8, 2018 and after, which is subject to change at any time.
- Avoid Monthly Fee: None
- Early Termination Fee: None
Northern Bank Direct 1.51% APY Steps:
- Open a Money Market Account with a minimum opening deposit of $5,000
- 1.51% rate applicable to account balances up to $250,000
|Balance Requirement||APY Rate|
|$0.01 – $250,000||1.51% APY|
Northern Bank Direct Fine Print:
- Minimum of $5,000 to open
- Money Market average daily balances between $250,000.01 and $1,000,000.00 earn an interest rate of 0.75% resulting in a blended APY between 1.51% and 0.94%. Money Market average daily balances greater than $1,000,000.00 earn an interest rate of 0.01%, resulting in a blended APY between 0.94% (for average daily balances just over $1,000,000.00) and 0.20% (for an average daily deposit balance of $5,000,000.00).
*Annual Percentage Yield (APY) effective as of 6/20/18
At the end of the day, the current rate from Northern Bank Direct is a great option for those who would like to earn a generous rate rather than your typical bonus. For those who are interested, simply apply for a new MMA account and meet the deposit requirement. Once you have done so, you will be able to enjoy both the great rate as well as a host of features to better your online banking experience. Additionally, you will be able to benefit from the best customer service the bank has to offer. How amazing is that? However, if you are not currently interested, be sure to check out our list of best savings rates for all your saving needs!
|With the Wells Fargo Cash Wise Visa® Card:
-Earn a $200 cash rewards bonus after spending $1,000 in the first 3 months
-Earn unlimited 1.5% cash rewards on purchases
-Enjoy 1.8% cash rewards on qualified mobile wallet purchases, like Apple Pay® or Android PayTM, during the first 12 months from account opening
-No category restrictions or sign ups and cash rewards don't expire as long as your account remains open
-Get up to $600 protection on your cell phone (subject to $25 deductible) against covered damage or theft when you pay your monthly cellular telephone bill with your Wells Fargo Cash Wise Visa® Card
-0% Intro APR for 12 months on purchases and balance transfers, then a 14.74%-26.74% variable APR; balance transfer fees apply
-$0 Annual Fee
-Select "Apply Now" to learn more about the product features, terms, and conditions