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MONEY MARKET ACCOUNT » MMA

Posted in Banking, Money Market, Rates

Bank USA Money Market Account Rates

Bank USA is offering 2.10% APY on its BankUSA Platinum Money Market account, which is different from its Money Market Plus Account that only requires $1000 to open and has lower rates. You will need a minimum of $25,000 to qualify for the rate. Here are some important details:

  • There is a $25 monthly service charge, but you can waive it by having a minimum balance of $25,000 daily in the account
  • Rates are tiered according to the balance in the account
  • $0.01 to $9,999.99
  • $10,000 to $24,999.99
  • $25,000 or more

For more of the best money market account rates available, please visit Go Banking Rates daily as rates change frequently.


Posted in Banking, Money Market, Rates

Excel National Bank Money Market Rate
Excel National Bank is offering a 2.24% ($250,000+ deposit) rate on their money market account deposits. According to their website, the money market accounts are best for "Clients who want to earn higher interest rates on higher balances and can limit transactions."Here are some of their other MMA rates:

  • $0.01 - 9,999.99 for 1.25% APY
  • $10,000.00 - 49,999.99 for 1.50% APY
  • $50,000.00 - 99,999.99 for 1.75% APY
  • $100,000.00 - 249,999.99 for 2.00% APY
  • $250,000.00 and above for 2.24% APY

Some important details to note are:

  • You need a minimum opening deposit of $1,000
  • There is a monthly service fee of $20
  • You can waive the service fee if you have a daily balance of $10,000 minimum
  • Interest is compounded daily and posted end of month
  • Total of 3 checks written and 6 debits per month
  • Free Excel Online Banking Service with Excel Bill Pay

For the best money market rates online, please check in with Go Banking Rates often as rates change daily.


Posted in Banking, Money Market, Rates

Discover Bank Money Market Account Offer

Discover Bank has a money market account rate of 1.75% APY , which is much higher than the national average of 0.44% (based on top 50 banks as of 6/16). With a Discover money market account, you'll be able to access money from anywhere, including online, by ATM, check, debit or credit card. You...



Read Full Article: Discover Bank Money Market Account Rate 1.75% APY

Posted in Banking, Money Market, Rates

First East Side Bank CD Offer

First East Side Savings Bank is offering a 2.25% APY money market account rate on deposits over $100,000. Money market account rates will compound monthly, and variable rates are subject to change without notice. You'll need a minimum opening balance of $2,500.00 to open a money market account.

...

Read Full Article: First East Side Savings Bank 2.25% Money Market Account Rate

Posted in Banking, Money Market, Rates

Greystone Bank Money Market Account Rates

Greystone Bank is offering various money market account rates depending on the amount of money you deposit. Here are some of their rates:

  • $25,000 to $49,999 at 1.26% APY
  • $50,000-$99,999 at 1.77% APY
  • $100,000-$749,999 at 2.02% APY
  • $750,000 and above at 2.28% APY

Here are some important details...



Read Full Article: Greystone Bank Various Money Market Account Rates

Posted in Banking, Money Market, Rates

Amboy Bank Money Market Account Rate

Amboy Direct , Amboy Bank's internet branch, is offering an introductory 2.25% money market account for the first 3 months. You will be able to apply online or mail in an application.

Some important details to know:
$100 minimum to open
Accounts with balances of $30,000 or higher can obtain...



Read Full Article: Amboy Direct 2.25% Money Market Account Rate - 3 Months

Posted in Banking, Money Market, Rates

Ever Bank Money Market Account Rates

Ever Bank is offering a competitive 3.01% APY bonus offer on money market accounts. The introductory rate will stand for 3 months, then switch back to the standard rate of about 2.00%.

Some important details to note:

  • Ever Bank pledges to keep your CD in the top 5% of competitive accounts as...


Read Full Article: Ever Bank Money Market Account - 3.01% APY Bonus Rate

Posted in Banking, Money Market, Rates

AIG Bank Money Market Account Offer

AIG Bank is offering some competitive rates on their money market accounts. Here are some rates:

  • 1.76% APY $2.5K-$10K
  • 1.96% APY $10K-$50K
  • 2.01% APY $50K-$100K
  • 2.06% APY $100K-$250K
  • 2.11% APY $250K+

Some important details to know about these money market accounts:

  • Requires a $2,500 minimum to...


Read Full Article: AIG Bank Money Market Account Rates

Mega-store shopping can be an amazing experience both for the thrill of the huge assortment of consumer goods available, but the amount of time that can be saved by not having to go to multiple stores to pick up their weekly supplies. One-stop shopping is always a trend in vogue from gas...



Read Full Article: Checking Account Tips: The Perks of All in One Bank Account

Posted in Banking, Money Market, Money Market Accounts

Everyone to an extent is pretty shaken by the recession - as of date there there isn't sign of growth and the economy seems to be stagnant. In the United States almost 4.4 million jobs were lost since the fall of 2008, and there is no sign that it's going to get any better any time soon. Many...



Read Full Article: Money Market Account: Financial Protection During Economic Declines

Learn More About Money Markets Accounts

Money market accounts are similar to checking accounts, but they allow consumers the opportunity to make returns on deposited money. They are often compared to mutual funds; however, they are considered safer because they keep share prices at $1.

Money market accounts can be acquired through almost any local financial institution. As with checking accounts, opening money market accounts give you immediate and regular access to your funds through a checkbook. Also, they require no minimum transaction amount and allow for fast and easy cash deposits.

Once you invest in a money market account, a money manager will take your cash then invest it in t-bills, bonds, CDs, commercial papers or mutual funds. After interest is earned on your investment, the manager pays you your portion of the earnings. Unlike CDs that have interest rates that mature over time, money market accounts require additional deposits to benefit from higher interest returns.

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