RateAPY

Earn 2.00% APY with the Mega Money Market Account from AmericaNet Bank

Posted by: RateAPY Bank Rates News
September 1st, 2010

A money market account offers the best of both worlds: access to your funds like a checking account and interest earnings like a savings account.

Money market accounts are FDIC insured and limited to six withdrawals per statement cycle, so account holders are more likely to keep their savings intact in this type of account, yet still have the ability to easily use the money when needed.

The AmericaNet Bank Mega Money Market account earns 2.00% APY. The account can be opened online with just one dollar, and account holders will earn the APY on funds up to $35,000. Amounts over $35,000 will earn 1.00% APY.

Features of the Mega Money Market Account include:

• Free online banking
• No monthly maintenance fee
• No minimum balance
• Free Visa Check Card
• Free email notification if overdrawn

AmericaNet Bank is the Internet banking division of All America Bank, an Oklahoma bank established in 1969.

Compare money market rates online to find the best bank deals and the highest interest rate.