The AmericaNet Bank still offers their Mega Money Market account which gives their best money market rate of 2.00% APY for deposits through $35,000. Any balance above the set cap gains 1.00% APY.

You can find the link to the money market promo page on the front page of their website. You can also click the link to apply for this money in the bank special. The small print says that the bank does not require any minimum balance requirements. They also do no collect any service fees.

Along with the money market account comes check writing privileges and an ATM so you can access your money any time. Remember though that like other money market deals, you are limited to six withdrawals per month. It will cost you $5 for every excess transaction you do every cycle. The third Wednesday of the month marks every cycle.

Interested consumers can sign up online. The website also says that AmericaNet will not ask you to mail, fax, or sign any documents. The Mega Money Market account is limited to one individual per address.

You can send in your funds by mailing in a check, transferring funds from other banks, or via wire. The bank might need to do some test deposits just to confirm that you really own the account.

During the application process, it will come handy if you have your social security number and your driver’s license number. Most applications will get an instant approval or declination. Some application may be delayed in case the bank will require additional information from you. If you have any questions you can call them through 1888-210-2028.

AmericaNet Bank is a subsidiary of the All America Bank which is headquartered in Oklahoma City. The mother company has two branches in Oklahoma and has deposits amounting to $72.1 million. AmericaNet serves as the online division and performs all of its operation with the help of its less than 50 staff. All America Bank is indexed with the FDIC.