Bank of Internet 1.60% APY for Money Market Savings Accounts

Bank of Internet USA is offering a 1.60% APY on money market savings accounts deposits. To take advantage of the high yield money market account, customers need to meet the following terms including:

• Open account with minimum $100 deposit
• Interest rate is valid on any deposit amount ranging from $1 to over $100,000
• Transactions capped at 6 pre-authorized, automatic or telephone transfers including three point of sale transactions
• Interest earning calculated using average daily balance method
• Compounded daily interest calculated 365 days a year
• FDIC Insured up to $250,000

Bank of Internet does not charge any fees for ATM transactions (ATM card optional). Bank of Internet headquarters are based in San Diego, Calif., but customer operations exist solely online or by telephone.

>> Money Market Specials
Other Terms and Conditions may apply. Additionally, rates may have changed since this offer was posted. Please contact the financial institution for the most recent rate updates and to review the terms of the offer.