Everbank's Money Market Account 2.25% APY 3 Month Intro Rate

Everbank's Money Market Account offers the highest rate with their 2.25% 3-Month intro rate with a minimum balance requirement of $1,500. There is a limit of six withdrawals just like most banks. It's FDIC insured with no-fee online and mobile banking.

The 2.25% intro rate apply to up to $50K. After the 3-month intro, the standard rate of 1.51% APY will apply. Hint: to extend your 3 month intro rate, you can open their FreeNet Checking right after the first three month of MMA. The FreeNet Checking gives you the same 2.25% APY for the first 3-month.

For account application, make sure to print out the signature card after online application. Simply fund your account with a check or wire transfer. As with most banks, there will be a hard inquiry on your credit report. They are rated as "4-Stars" rating by BauerFinancial.

This is an excellent bank with many features, highly recommend to join.


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