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America! Net 2% APY with an AmericaNet Money Market Account–No Catch; No Hook Required

Posted by: RateAPY Bank Rates News
June 7th, 2010

Money Market Accounts–Net Returns

If you regularly trawl through money market account interest rates, you’ll know that a full 2% APY is quite a catch nowadays. And if that interest rate comes with an account that’s generally free to maintain, then you know that you’ve probably netted a winner.

AmericaNet Bank Money Market Account

The AmericaNet Bank money market account offers just such a deal. According to the bank’s web site, in addition to that 2% APY and no required minimum balance, you can also enjoy free:

• Visa check card
• banking online
• customer service
• daily notification by email if overdrawn
• electronic statements
• plus no monthly maintenance fee

You’ll get six free withdrawals each month and pay only $5 each for additional ones. However, to receive the 2% rate, your balance has to be below $35,000. Any more than that, and you’ll receive 1% APY.

Plenty More Fish in the Sea

That sounds like an excellent deal. Nevertheless, if it doesn’t suit your needs, there are plenty more fish in the sea. See if you can find an even better catch when you compare money market accounts here.