Institution for Savings is offering residents of Massachusetts a great 1.00% APY rate when customers open a Platinum Money Market Combo account with a minimum opening deposit of $250,000. Simply fund the account with new money and maintain a minimum balance of $250,000 and get a Platinum 36 or 48-Month CD to earn the highest tier APY rate! You can be sure of your deposits which are insured by the FDIC and sign-up is simple and secure. Take advantage of the account offer and start saving at your nearest local branch today! Enjoy many benefits and earn interest with their competitive rates, the flexibility of liquidity, tiered rates of interest based on your balance, unlimited deposits, and certain withdrawal and check-writing capabilities!
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Institution for Savings Account Summary:
- Apply Now
- Account Type: Platinum Money Market Account
- Rate: 1.00%
- Availability: MA (Bank Locator)
- Expiration Date: None
- Soft/Hard Pull: Hard Pull or Soft Pull Let us know!
- Direct Deposit Requirement: None
- Additional Requirements: See below
- Avoid Monthly Fee: A minimum balance of $250,000 is required to open the account and avoid a $10 monthly service charge.
- Early Termination Fee: None
Institution for Savings Money Market Steps:
- Open a Platinum Money Market Account with a minimum deposit of $250,000.
- Maintain a minimum balance of $250,000 and a maximum balance of $10 million to earn 1.00% APY rate.
- Rates are subject to change based on account balance listed in the table below.
APY Rate: Minimum balance to earn APY rate: 0.25% $1.00 – $249,999 1.00% $250,000 – $10 million
Institution for Savings Account Fine Print:
- Rates are variable and subject to change at any time without notice.
- Maximum balance is $10 million.
- Transaction limits apply.
- Fees may reduce earnings.
Conclusion:
Institution for Savings has competitive rates on their money market account for residents of Massachusetts. Customers will experience many great account benefits and also will have the chance to earn an APY rate of up to 1.00%! However, if you are not currently interested, be sure to check out our list of Best National Rates for all your banking needs!
