First Year APY on EverBank’s Money Market Account Rises to 0.91%

EverBank’s notorious “yield pledge money market account” just shot up to the number 1 spot on our money market tables by featuring a first year APY of 0.91%. This new rate almost doubles the current national average of 0.50% APY, but is only available during the first 12 months of opening the account. The interest rate following the first year is variable but still falls under their “yield pledge” which promises Read more…

Best Black Friday Bank Deals for 2011

A number of new checking account promotions have come out towards the end of 2011, however any avid bank deal hunter knows that Black Friday in particular is a prime time to scoop up substantial deals from banks and credit unions.

This year’s number one institution with the best Black Friday rewards comes from Service Credit Union out of New Hampshire. So for all you New Hampshire residents – have at it!

As for everyone else, scroll down to find the best Read more…

EverBank Yield Pledge Money Market Account: 1.51% APY

EverBank® Yield Pledge(SM) Money Market Account is currently featuring a first year APY of 1.51% thumping the national average for money market rates by nearly 75%. The 1.51% APY does, however, come with a few strings attached.

For starters, the rate is actually 1.26% APY but it comes with a 3 month promotional rate of 2.25% APY which averages out to 1.51% over the course of 12 months. As of now the Read more…

Top 5 Online Bank Accounts for 2010

Since their inception in 1994 when Stanford Federal Credit Union began offering their members online interest banking services, online banks have generally been able to offer customers better savings rates and efficiency. Due to reduced overhead expenses, online banks have been able to pass their savings on to customers in the form of better interest rates. Today, because of the increasing number of FDIC insured online banks, they must differentiate themselves Read more…

EverBank’s Yield Pledge money market bonus rate: 2.25% APY

EverBank’s “Yield Pledge Money Market Account” is one of the top money market accounts available if you can maintain a balance of at least $5,000. EverBank is known for offering good sized bonus rates on their MMA’s for new account holders. Right now they are offering 2.25% APY for the first 3 months. And even though the interest rate is variable, their “yield pledge” makes the promise to stay within the Read more…