How would you like to watch your money grow? National Bank of New York City is now offering residents of New York a 1.60% APY for their Money Market Account. To get started with this rate, all you would need to do is have an opening deposit greater than or equal to $25,000. Don’t worry, you can still earn a 1.50% APY with balances between $2,500-$24,999. Once you have done so, you will receive the rate as well as a wide range of account features to compliment your banking experience. Additionally, you can also bank with ease knowing the bank is FDIC insured. How great is that! 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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National Bank of New York City Account Summary:
- Apply Now
- Account Type: Money Market Account
- Rate: 1.60% APY
- Availability: NY (Bank Locator)
- Expiration Date: None
- Soft/Hard Pull: Soft Pull or Hard Pull? Let us know
- Direct Deposit Requirement: None
- Additional Requirements: See Below
- Avoid Monthly Fee: None listed
- Early Termination Fee: Please contact your local representative regarding termination fee
National Bank of New York City Account Requirements:
- Minimum balance of $25,000 is required. Only new funds qualify for the APY rate.
- 1.60% rate applicable to account balances of $25,000 or higher.
National Bank of New York City Fine Print:
- Rates are subject to change without notice.
- You must maintain a balance for entire statement cycle for interest to be paid.
- Balances less than $2,500 do not earn interest.
- Average monthly balances less than $5,000 are subject to service charges.
- Service charges could reduce earnings on account.
Conclusion:
It is often difficult to select which account fits your needs the best. With a sea of bank rates, finding one that’s perfect for you isn’t as easy as it seems. However, with National Bank of New York City, you can do just that! With a new account, you can earn a generous rate just for meeting its deposit requirement. Additionally, with access to a range of account features, banking has never been easier. However, if you’re not interested in this offer check out our Best Bank Rates for savings accounts and more!
