Available for residents nationwide, Nationwide Bank is now offering a 1.55% 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 $1,000, then fund the account until it reaches a balance of at least $10,000. 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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Nationwide Bank Account Summary:
- Apply Now
- Account Type: Money Market Account
- Rate: 1.55% APY
- Availability: Nationwide (Bank Locator)
- Expiration Date: None listed
- Soft/Hard Pull: Soft Pull
- Direct Deposit Requirement: None listed
- Additional Requirements: See Below
- Avoid Monthly Fee: $8, if balance falls below $1,000
- Early Termination Fee: Please contact your local representative regarding termination fee
Nationwide Bank 1.55% APY Requirements:
- Minimum balance of $10,000 is required. Only new funds qualify for the APY rate.
- 1.55% rate applicable to account balances of $10,000 or higher.
| Balance Requirement | APY Rate |
| $0 – $999.99 | 1.15% |
| $1,000 – $9,999.99 | 1.15% |
| $10,000 – $24,999.99 | 1.55% |
| $25,000 – $49,999.99 | 1.55% |
| $50,000 – $99,999.99 | 1.55% |
| $100,000+ | 1.55% |
Nationwide Bank Fine Print:
- APY is effective for accounts opened after 02/22/2018 and is subject to change.
- Fees may reduce the earnings on your money market account.
- To avoid bank fees, keep a $1,000 minimum balance.
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 Nationwide Bank, 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!
