Excel National Bank is offering a lower 2.00% APY (on a $250,000 or higher deposit) for their Premium Money Market Account after dropping from 2.24%. Here is a breakdown of their MMA rates:
- $250,000 and above – 2.00% APY
- $100,000 to $249,999.99 – 1.75% APY
- $50,000 to $99,999.99 – 1.50% APY
- $10,000 to 49,999.99 – 1.25% APY
- $0.01 to $9,999.99 – 1.01% APY
Here are a few details of opening an account:
- You are required to open with a minimum deposit of $1,000
- There is a monthly service fee of $20 (service fee is waived with $10,000 or more daily balance)
- Interest is compounded daily and posts at the end of the month
- 3 paper checks and 6 debits are allowed each month
- Receive free online banking service with Excel Bill Pay
In order to open an account, you can fill out their online form; however, it must be printed and mailed to their branch in Los Angeles.
***For more great money market rates***
Current Excel National Bank CD Rates
Other Excel National Bank Rates
Other Terms and Conditions may apply to this offer – please contact the financial institution to review.
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