BankOn offers an attractive money market deal which has a current interest rate of 2.05%. The bank will also give consumers who open the account a $50 sign-up bonus.

This money market must be opened online to enjoy the best money market interest rate. They accept applicants from Wyoming, Missouri, Kansas, Colorado, and Nebraska. The $50 bonus is automatically credited to your account.

Consumers must open a money market account and checking account to qualify. There is a $100 minimum funding required for the checking account. This special deal is also limited to one person for every household.

The money market account does not impose any balance requirements. The bank also issues electronic statements instead of sending you printed out ones.

Other perks include free use of their online and telephone banking system. You will also have access to their mobile banking platform.

The website does not detail anything about fees which may affect the earnings of your savings. Discuss this with the bank if you will call to inquire.

The rates we have here are posted on their website as of October 7. These interest rates may change any time. It will be best to check with their customer service or visit their website prior to filling out any forms.

BankOn is the online division of Pinnacle Bank.