RateAPY

0.90% APY on Money Market Account from Nexity Bank

Posted by: RateAPY Bank Rates News
May 26th, 2010

If you don’t currently have a Money Market Advantage account with Nexity Bank, now would be a great time to consider opening one. For new money market account customers depositing funds from an external account–even if you’re a current Nexity customer–Nexity is offering rates of 0.50% APY on balances under $50,000 and 0.90% on balances of $50,000 and higher.

Perks to the Money Market Advantage Account

The Money Market Advantage account may be just what you need if you require the liquidity and flexibility of a checking account. With 24/7 free online access to banking and free banking by phone–plus your first order of checks for free–you can earn a high rate of return on money that might otherwise just be sitting in an account until your bills come due.

Money Market Advantage accounts must be opened with a $50,000 minimum deposit of new money to Nexity and are for personal bank accounts only. This offer is limited to only one account per household. Contact Nexity for full disclosure of terms.

Before making any decision, be certain you are satisfied with your APY and the terms of your investment by comparing money market account rates.