You can get 1.50% APY on your Money Market Accounts needs with TIAA Bank. All you have to do is scroll through our table below and when you see TIAA Bank’s Money Market Account, just click “Next” to proceed. This is a first year Intro APY on balances up to $250,000. Even after the intro period, your earnings will stay high as we keep your yield in the top 5% of Competitive Accounts. It’s worth noting that the minimum opening deposit is $5,000, as such with a good sum of Money Markets out there.
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TIAA Bank MMA Information:
- Learn More (See table above)
- Account Type: Money Market Account
- Rate: 1.50% APY
- Availability: Nationwide
- Expiration Date: None
- Soft/Hard Pull: Soft Pull
- Direct Deposit Requirement: None
- Monthly Fee: None
- Additional Requirements: Minimum opening deposit of $5,000 is required to open.
TIAA Bank MMA Benefits/Services:
TIAA Bank has no monthly fees attached to their Money Market Accounts on top of being top 5% yields out there. From mobile check deposit capabilities, unlimited ATM fee reimbursements, and secure simple mobile payment capability, you’ll be on top of your Money Market. When you open an FDIC-insured Yield Pledge Money Market Account, you can count on consistently high yields along with many other perks geared to saving you money and time. What might be a useful additional perk for you is the check writing capabilities attached.
TIAA Bank MMA Rate:
Those of you that aren’t quite familiar with Money Market account yet, you should expect convenience with your withdrawals, however, this will be at the compromise that you are able to come through with a high deposit requirement. These Money Markets may be a good idea for those with a good amount of reassurance to put away, but for newbies, I can’t say the same.
I will be making my two cents when it comes to comparisons between TIAA Bank’s 1.50% APY MMA vs. My Banking Direct’s 1.35% APY. In the very instance you’d notice the minimum opening deposits differ by $2,500 and TIAA Bank‘s lead by 0.06% APY. Now, what’s attractive about TIAA Bank‘s MMA is the lengthy intro rate and afterwards, and they have a commitment towards keeping their rates in the ranking 5%. On top of that, your deposits are FDIC insured to the maximum.
Conclusion:
TIAA Bank offers 1.50% APY on their Money Market for an intro-12 months. Just scroll through our Best Bank Rate table above and when you find TIAA Bank‘s MMA, open an account today! Afterwards, you should still expect a top 5% Competitive Rate. This means, your rate does not drop all the way after the post-intro period making this quite the reassuring account to maintain. Keep in mind that you’d need at least $5,000 in deposit value to make the minimum opening. There’s no monthly fees and your account will be FDIC-insured up to $250,000! Find all the best bank rates from our exclusive list nationwide!
