TIAA Bank promises to keep its interest rate among the top 5% of banks nationwide which is why they’re offering up to a 0.61% APY rate on their Business Money Market Account for $1,000,000 and up. The account comes with many features and the Interest Rate and APY varies based on your balance so continue reading to see if this account is for you!
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TIAA Bank Business MMA Summary:
- Apply Now
- Account Type: Business Money Market Account
- APY Interest: 0.61% APY
- Availability: Nationwide
- Expiration Date: None
- Soft/Hard Pull: Unknown
- Credit Card Funding: Unknown, let us know
- Direct Deposit Requirement: Unknown
- Additional Requirements: See Below for Detailed Requirements
- Fees:
- $14.95 in any month when average daily balance is below $5,000
- $10 when in excess of six electronic transfers, withdrawals, or checks
- Early Termination Fee: Early withdrawal fees may apply (not specified)
TIAA Bank Business MMA Bonus Requirements:
- Open a Business Money Market Account with a $1,500 minimum deposit
TIAA Bank Business MMA Features:
- Up to 6 transactions a month
- No monthly account fee with $5,000 minimum balance
- Source for overdraft protection
- Easy Deposits
- Merchant Services
Conclusion:
You can receive up to a 0.61% APY from TIAA Bank when you open a Business Money Market Account. To receive this rate, you will need to have at least $1,000,000 in your account. Achieve a higher rate of earnings for your business today with Everbank. You will receive all of the benefits listed above with the account and more. If this seems like something for you check it out! If not, then I recommend you check out our complete list of Bank Promotions for all your banking necessities!
