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Flagstar Direct Money Market Account at 1.06% APY
Posted by: RateAPY Bank Rates News
June 17th, 2010
Consumers searching for the best place to save for college tuition, a down payment on a home or a new car should compare money market accounts to find the best bank deals.
Compare Money Market Account Features before Investing
When comparing money market accounts, make sure each one you consider is FDIC-insured for safety. Then compare not only the interest rates, but also whether a minimum balance is required in order to earn that rate. Check to see if fees are charged on the account.
Every money market account is limited by law to six free withdrawals per statement cycle. Some accounts include a free check card or ATM card.
Flagstar Direct’s money market account can be opened easily online. No fees are charged to open the account and no minimum balance is required to earn the current interest rate. As of June 15, accounts with a balance up to $99,999 earn 1.06% APY. Accounts with more than $100,000 earn 1.20% APY.
- Posted in Bank Deals | Bank News | Interest Rates | Money Market | Savings
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