RateAPY

AIG Bank Signature Money Market Account at 1.41% APY

Posted by: RateAPY Bank Rates News
December 15th, 2009

Money market accounts are a popular place for consumers to save money and still have the flexibility of constant access if needed.

Consumers can compare money market account interest rates online and should also compare fees and rules, such as how many transfers or withdrawals are allowed during each statement cycle.

The AIG Bank Signature Money Market account is FDIC-insured and comes with personalized checks, a Visa Check Card, and free incoming wires for fund transfers. Transfers to third parties by check or debit card are limited to three per month. The minimum opening deposit is $2,500. AIG Bank’s money market account rates as of December 17, 2009 are detailed below.

AIG Bank Signature Money Market Account Rates

Account Balance/Interest Rate/APY

$2,500 - $9,999/1.01%/1.01% APY

$10,000 - $49,999/1.40%/1.41% APY

$50,000 - $99,999/1.45%/1.46% APY

$100,000 - $249,999/1.50%/1.51% APY

$250,000 or more/1.57%/1.58% APY

No interest is earned when the account balance falls below $1,000. Balances between $1,000 and $2,499 earn 0.45% APY.