1.25% APY Best money market rate with Incredible Bank
Incredible Bank is promoting their new money market account called Incredible Money Market. This money in the bank deal lets you earn the best interest rate depending on its tier:
- 1.15% APY on balances of $2,500 to $99,999
- 1.25% APY on balances of $100,000 to $249,999
- 0.80% APY on balances of $250,000 and above
You are required to deposit a minimum of $2,500 to open an account. You also need to have a maintaing balance of $2,500 for you not to be charged with a $10 maintenance fee. The best interest rates listed above has an old date, please be reminded that the interest rate may change any time without notice.
If you want to take advantage of this best money market account, you may visit the bank’s website to apply. It was mentioned that the bank only accepts online applications. If you have questions or concerns with regard to opening an account you may call their customer support line thru 1877-261-4750. They are headquartered in Wausau, Wisconsin.
Incredible Bank is an online division of River Valley Bank which was established in 1967. Currently, they have over $800 million deposits with over $952 million in declared assets. They are also insured by the Federal Deposit Insurance Corporation with certificate number 19772.
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