Coastal Carolina National Bank in South Carolina is offering an attractive 2.25% APY on amounts equal to or greater than $100,000 for its Premiere Money Market Savings Account. The rate is the bank’s introductory offer and is variable. Here are the current tiered rates:
- 2.25% APY – $100,000 +
- 2.00% APY – $50,000 – $99,999.99
- 1.50% APY – $25,000 – $49,999.99
- 1.00% APY – $10,000 – $24,999.99
- 0.85% APY – $1,000 – $9,999.99
- 0.00% APY – $0 – $999.99
The account requires $10,000 for a minimum opening balance and minimum daily requirement. Interest is compounded daily and credited monthly. There will be a $10 maintenance fee if the account falls below the minimum balance.
A few perks of the account include:
- 6 free withdrawals/transfers monthly
- Free online and telephone banking
- Free monthly statements
To open a Premiere Money Market Savings Account, you must visit the bank’s location in Myrtle Beach.
Other Terms and Conditions may apply to this offer – please contact the financial institution to review.
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