For the best money market rates, you might want to take a look at Evantage Bank’s current deals. Their Mega Market Account can earn you 2.00% APY on balances of up to $35,000. Those are generous earnings for a deposit account of this category. You don’t stop earning interest either once you go over $35,000. Balances exceeding that mark still earns 1.00% APY.

This account also allows you to withdraw cash six times a month for free, and charges only a small $5 for every withdrawal exceeding that limit. There is also no minimum balance stated, no monthly fees, free online banking services and customer assistance, a free MasterVISA Check Card, and Overdraft Privilege.

Of course, your bank statements will automatically be distributed electronically. The account doesn’t give you an option to receive it on snail mail. The Mega money market account can be opened online. According to the webpage, you don’t have to mail or fax any documents. Aside from the ease by which you can open this account, it also has what is undeniable the best money market rate available today.

Evantage is a subsidiary of the Southwest State Bank whose financial shape is superior. It earned five out of five stars from both major bank reviewers Bankrate.com and BauerFinancial.com. You can also check its federal insurance through FDIC Certificate # 4195.