EverBank’s promotional money market rate: 2.51% APY
September 14th, 2009 Posted in money market accounts
EverBank has a promotional money market account which is currently yielding 2.51% APY for the first 3 months. This interest rate then drops down to a still respectable 1.77% APY after the promotional period. To put this offer in perspective, the average interest rate for money market accounts nationwide sits at roughly 1.20%. This account used to provide 3.01% returns (for the intro period) but has since dropped.
Money market account through EverBank:
- Earn a yield within the top 5% of competitive accounts. Always.
- Low $1,500 initial-deposit requirement
- No-fee Online and Mobile Banking
- Up to six withdrawals per month
- FDIC insured
