Available nationwide, Redneck Bank is offering an online savings Mega Money Market account that offers rates up to 0.40% APY!
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Redneck Bank Mega Money Market Review
Established in Oklahoma in 1969, Redneck Bank is the Internet Banking Division of All America Bank, a well-respected country bank. Since they’re an online bank, it’s easy to earn cash with basic accounts and high interest rates online. They are fully-insured by the FDIC, so you can rest assured that your money is safe.
In addition to the rate from Redneck Bank, check out our list of best rates Savings, Money Market, and CD accounts.
If you are interested in expanding your financial future, definitely use our bank bonuses page to find other offers. Some popular bank offers include Chase Bank, Discover Bank, TD Bank, Huntington Bank, HSBC Bank and many more.
I’ll review Redneck Bank Mega Money Market below.
Redneck Bank Mega Money Market Rate
To earn this promotional rate, the balance in your account must be below $50,000. Once you have met the deposit, you will have access to the rate as well as a range of account features!
* As of May 21, rate 0.40% APY is effective.
- What you’ll get: 0.40% APY
- Eligible account: Mega Money Market
- Credit inquiry: Soft Pull
- Where it’s available: Nationwide
- Opening Deposit: $500
- Monthly fee: None
- Early Termination Fee: None
Savings account offers are frequently updated. Find the best nationwide Savings/Money Market rates here, and the best Savings account bonuses here. The UFB High Yield Savings and CIT Bank Savings Builder accounts offer great rates available nationwide. The Aspiration account has a nice sign-up bonus plus great rate.
|Aspiration||1.00% APY + $100 Cash||Review|
|Axos Bank High-Yield Savings||Up to 0.61% APY||Review|
|Quontic Bank High Yield Savings||0.55% APY||Review|
|CIT Bank Money Market||0.45% APY||Review|
|American Express High Yield Savings||0.40% APY||Review|
|CIT Bank Savings Builder||0.40% APY||Review|
|Discover Bank Online Savings||0.40% APY||Review|
How to Earn Redneck Bank Rate
- Open a Mega Money Market account from Redneck Bank with an opening deposit of $500.
- Input your info – Provide your name, address, phone, email and social security number or Tax ID.
- Fund the account – Transfer funds electronically from an internal account here or an external account at another bank.
|Balance Requirement||APY Rate|
|$0 to $50,000||0.40% APY|
Redneck Bank Account Features
- No minimum balance is required to maintain the APY rate
- No hidden fees or service charges
- Receive eStatements, a free VISA debit card, and much more
- Online banking for convenient transfers, deposits, and account management
I would check out this rate with Redneck Bank that is great for balances under $50,000. Keep in mind the bonus is limited to one Mega Money Market account per individual. Additionally, remember there is a $5 fee for each withdrawal after 6 per monthly statement cycle.
Let us know about your experience with this bank and comment below.
Check back often to see the latest info on Redneck Bank Mega Money Market account.
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