The money market account of AIG Bank continues to be attractive. This offer is good nationwide with the following competitive money market rates:

$250K+ 1.48% APY
$100K - $250K 1.45% APY
$50K - $100K 1.40% APY
$10K- $50K 1.30% APY
$2.5K - $10K 0.90% APY

This money in the bank deal requires funds of at least $2,500 to avoid a service charge of $10. Interested individuals can apply online or by mail. You can also call an AIG banker to ask for more information about the money market. You can reach the bank through 1866-231-9620.

Account holders can initiate a funds transfer via ACH by first fax an instruction to the bank. AIG does not have an online facility to handle such transfers. You can also mail a check to the bank. An easy way out of this is to start a wire transfer from you other banks.

This high yield money market account with AIG comes with check writing privileges and a debit card. You will get your first booklet of 40 checks from AIG a week after opening your money market account. This first set of checks comes free of charge.

The disclosure of the money market account suggests that the bank may do a hard credit pull. You may want to ask the bank if you are worried that your credit report will be dinged upon application.

The bank is indexed with the FDIC with certificate # 35267.