Earn Up to 1.41% APY With a Great Florida Bank Money Market Account

Posted in Banking , Local Banks , Money Market , Rates

It takes money to make money and the more you have to invest with a Great Florida Bank money market account, the higher rate of return you can earn. The money market account rates are tiered, meaning the more you can put on deposit the closer you get to earning the best money market rate offered by the bank. The earning potential and tiers for the GF 400 Personal Money Market Investment Account are:

  • $300.00 – $4,999.99 generates 0.20% APY
  • $5,000.00 – $9,999.99 generates 0.45% APY
  • $10,000.00 – $24,999.99 generates 0.70% APY
  • $25,000.00 – $49,999.99 generates 1.06% APY
  • $50,000.00 – $99,999.99 generates 1.16% APY
  • $100,000.00 – $249,999.99 generates 1.31% APY
  • $250,000.00 and above generates 1.41% APY

The terms of the GF 400 Personal Money Market account include:

  • Money market accounts are limited to 6 monthly transactions
  • Only three of those transactions can be may be made by check, draft or debit card payment to a third party
  • Bank reserves right to change their interest rate at any time
  • FDIC insured

The corporate headquarters for Great Florida Bank is based in Miami Lakes, however there about a dozen of “solution centers” (AKA branches) throughout the state of Florida and account applications can be completed online. The financial institution was chartered on June 30, 2004 as a state-charted commercial bank.

>> Money Market Account Rates

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.

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