RateAPY

AmericaNet Bank Mega Money Market Account at 2.00% APY

Posted by: RateAPY Bank Rates News
January 12th, 2010

While low interest rates are a happy circumstance for borrowers, savers search diligently for higher interest rates to increase their bank accounts. Individuals can start by comparing bank deals online, since most banks now offer fast online transfers from one account to another.

Many savers prefer the flexibility of a money market account, which allows cash to earn interest while still being accessible for withdrawals and FDIC-insured for safety.

At AmericaNet Bank, the Mega Money Market Account currently earns 2.00% APY on balances up to $35,000. Amounts over $35,000 earn 1.00% APY.

Account features:

• Free Visa Checkcard
• Free online banking
• No monthly maintenance fee
• Free customer service
• Free daily e-mail alerts if overdrawn
• No minimum balance required
• Up to six free withdrawals per month
• A $5 charge for each additional withdrawal