Available to residents nationwide, TotalBank Money Market is offering a 4.86% APY.
Update 12/4/24: The rate has decreased to 4.86% APY from 5.01%.
TotalBank Money Market Review
TotalBank is a division of City National Bank of Florida. Additionally, they were founded in Miami more than 70 years ago, today City National Bank is the premier private commercial bank in Florida. For more information on the Money Market account, keep reading below.
I’ll review TotalBank Money Market below.
TotalBank Money Market Rate
- Eligible account: Money Market Account
- Credit inquiry: Unknown
- Where it’s available: Nationwide excluding FL
- Opening Deposit: $2,500
- Monthly fee: None Listed
- Early Termination Fee: None Listed
(FDIC Insured)
How to Earn TotalBank Rate
- Open a Money Market account with a opening deposit of $2,500
- Maintain a $2,500 minimum balance amount and earn the 4.86% APY rate
- $2,500 minimum deposit to open
Balance Requirement | APY Rate |
$2,500+ | 4.86% APY |
Editor’s Notes:
- A valid state issued ID or U.S. passport is required to open an account.
- TotalBank can conduct business anywhere in the US with the exception of Florida, Puerto Rico, American Samoa, Guam, Northern Mariana Islands and US Virgin Islands.
Account Features
- Grow your money faster with interest compounded monthly
- Online transfer of funds using your external bank account
- FDIC insurance up to the maximum allowable
- Unlimited deposit transactions, and up to six withdrawals and transfers per month
Is This Account FDIC Insured?
Yes, your money is FDIC insured up to the maximum allowable.
Conclusion
Now, TotalBank is offering a competitive rate with their Money Market Account.
In addition, the rate, check out our list of best rates Savings, Money Market, and CD accounts.
Furthermore, 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.