Here is a pretty sweet money market account offer through BankOn. Thanks to BankVibe reader Paul for submitting this one!

BankOn is owned by Pinnacle Bank and offers online checking accounts and money market accounts. Currently, with each new money market account opened they will give you $50 as a sign up bonus along with a very respectable interest rate of 2.05% APY. Keep in mind, this is a variable rate and may change without notice.

Features, terms and conditions:

• $50.00 bonus for opening account
• Online only account
• No required minimum balance after opening
• No paper statements
• No checks
• Free PinnBank – 24-hour online banking
• FreeTelebank
• Free Electronic Statements
• Messenger
• Mobile Banking

Even though they are an online division of Pinnacle Bank, they only accept online applications from Nebraska, Colorado, Kansas, Missouri and Wyoming residents only. If you are not a resident of one of these states, they invite you to contact one of their branches directly for personalized service in opening an account.

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