Are you a current resident in New York and New Jersey who would like to earn a generous rate? If so, then look no further! Lakeland Bank is offering qualified customers a chance to earn the 2.05% APY when you sign up for a new Money Market Account with the promo code MMDA18. To fully qualify, all you would have to do is keep balances over $25,000. Once you have done so, you will be able to earn the rate as well as a wide selection of account features to better your banking experience. In addition, it is also great to know that your rate is guaranteed through October 2, 2019. Are you currently interested? Please do not hesitate! I recommend you apply as soon as you can as the rate’s subjected to change.
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Lakeland Bank Account Summary:
- Apply Now
- Account Type: Money Market Account
- Rate: 2.05% APY
- Availability: NY, NJ (Branch Locator)
- Expiration Date: October 2, 2019
- Soft/Hard Pull: Soft Pull or Hard Pull? Let us know!
- Direct Deposit Requirement: No
- Additional Requirements: None
- Avoid Monthly Fee: $10, can be waived when you keep balance above $2,500
- Early Termination Fee: None
Lakeland Bank Requirements:
- Earn 2.05% APY on balances of $25,000 and over.
- Use promo code MMDA18
- Rates may change at any time
Lakeland Bank Fine Print:
- This promotional offer available to new consumer Platinum Plus Money Market accounts opened with funds not already on deposit at Lakeland Bank.
- This account is a tiered account with variable interest rate. Annual Percentage Yield (APY) is accurate as of 7/17/18, and may change after account opening.
- Stated APY of 2.05% is for balances of $25,000.00 or greater, and is guaranteed through 10/2/19.
- APY for other balances is based on the amount on deposit as follows: $1.00-$14,999.99, .25%; $15,000.00-$24,999.99, 1.00%.
- $1,000.00 minimum deposit to open account.
- $10.00 Monthly Service Charge if average daily balance is below $2,500.00.
- Transaction limitations apply; fees may reduce earnings. This is a limited time offer and may be withdrawn at any time.
Conclusion:
If you are a current resident of New York and New Jersey, and would like to earn a generous rate, then now is your chance! Not only are you able to earn an attractive rate from Lakeland Bank, but you will have the chance to utilize a host of account features. Additionally, you have the chance to be a part of well trusted credit union. However, this account seems to be limited geographically. For those that qualifies, you might find this to 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!