RateAPY

EverBank Money Market at 2.25% APY for New Customers

Posted by: RateAPY Bank Rates News
January 21st, 2010

Money market accounts offer an enticing combination of security and savings, with most offering up to six withdrawals each month while the funds in the account earn interest.

Compare money market accounts online to find the best deals and the best interest rates. Some money market accounts require a minimum balance to earn the interest rate, so be sure to find one that meets your financial needs.

EverBank Yield Pledge Money Market Account currently has an interest rate of 1.25%, with an APY of 1.26%. The Yield Pledge means that the bank pledges to keep the yield on these accounts in the top 5% of all competitive accounts.

For new customers, EverBank offers a three-month bonus fixed rate of 2.25% on accounts with a minimum deposit of $1,500, up to $50,000. For the remaining nine months of the first year, accounts earn a variable rate, currently 1.51% APY.