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.

ADB Bank offers a competitive money in the bank deal through their Direct Wealth Money Market account. The current interest rate is pegged at 1.40% APY for all balances. This money market account has the following features:

• The bank does not demand for any minimum balance
• No monthly service fees
• The first order of checks is on the bank
• Free use of the online bills payment system
• Limited to 6 withdrawals every month as guided by federal law

Interested consumers from any state can apply by phone through 1800-5494828. The current money market rate is accurate as of February 15. The interest rates have declined a bit in the past few months by a few basis points but the one they have now remains to be very competitive.

Based on previous reports, the bank has a weak ACH system. We are not sure if they still require an account holder to fax an EFT or electronic funds transfer form and verify trial deposits before you can make an ACH transfer. It will be a process of you emailing the bank to give them authorization and the bank calling you to confirm the transfer. One way around this inconvenience is to initiate an ACH transfer from another bank.

The bank does not do a hard credit inquiry but they use the ChexSystem to verify you identity during the application process. The website of the bank does not have an FAQ and does not have a post with regard to fees which may affect the earnings of your money market account.

ADB is a small bank in Cedar City, Utah. The bank is performing fairly with 3 stars coming from bankrate.com and 4 stars from BauerFinancial for its financial performance.

The bank is insured with the FDIC through certificate number 57962.

Delta Community Credit Union is still pushing for their competitive money market rates. The interest rates fell a bit in the past few months but they remain to be very competitive:

$1,000 to $10,000 1.15% APY
$10K to $25K 1.30% APY
$25K to $50K 1.40% APY
$50K to $100K 1.50% APY
$100K and up 1.65% APY

The current interest rates for the money market account started to be in effect last February 1. These can be changed any time so it will be best to call the credit union first before signing up for anything.

The money market offers checks although they are not for free. They also have an ATM card. These services may be subjected to fees. Withdrawal from the account is limited to six per month and the charge for any excess transaction is a stiff fee of $20 each.

The credit union welcomes members of the GettingAhead Association. This organization requires a membership fee of $5. They accept individuals from any state so it will be pretty easy to join. Delta Community also requires a deposit of at least $5 to a share savings account.

The credit union automatically qualifies people from some counties of Georgia and Atlanta to sign up with them. There are also select and employee groups or family which can help you join the credit union.

There is an online application but some members advised that joining them will be faster if you drop by one of their branches. They have offices spread across the metro area of Atlanta. They also have branches in Dallas, Texas particularly in Southlake; Florence, Kentucky; and Salt Lake City in Utah.

Delta Community Credit Union has some strong financial ratings with 5 stars coming from BauerFinancial and 4 stars stamped by bankrate.com for their soundness and safety. The credit union is covered by the NCUA through charter number 66357.

Delta Community is a large credit union with about $2.9 billion worth of assets.

Intervest National Bank invites consumers nationwide to take advantage of their money market account that has the following current interest rates:

$2,500 to $24,999.99 1.15% APY
$25,000 to $49,999.99 1.23% APY
$50,000 to $99,999.99 1.30% APY
$100K and over 1.35% APY

This money in the bank deal requires an initial deposit of at least $1,000 to open the account. A daily average of $1,000 is necessary to earn any interest. Account holders must stay on or above the $2,500 line to avoid a monthly service fee of $12.

Takeouts from the money market account is limited to six per month. Anything going beyond the limit may be subjected to a $10 for every transaction. You can withdraw any time in person, via messenger, or by mail without having to worry about any limitations. An ATM card is an option for this account but they charge a minimal fee when you use it.

You can send your funds by mailing in a check, do wire transfer, or set up an ACH transfer from your other bank. Checks with this account do not come for free unless you are 55 years old or older. Senior accounts do come with 2 booklets of checks for free.

Interested individuals can use the application form found online. You can also visit one of their offices in New York, New York or their Florida branches in South Pasadena and Clearwater. You can reach their NY branch through 212-218-8383 or their Florida office at 727-442-2551.

The bank is insured by the FDIC with certificate number 35011.

CapitalOne Direct Banking continues to push for their attractive high yield money market rates now at 1.15% on all tiers. This money market account does not charge any monthly fees and does not require any minimum balance.

Interested consumers can open this money in the bank deal by completing na online application or you can also call 1866-871-7932 so a CapitalOne banker can assist you.

Initial funding of the money market can be done by mailing the bank a check, wiring in money from your existing account, electronic funds transfer from an external account (CapOne will do trial deposits), or if you are an existing client you can do an internal transfer.

Additional deposits can be done via electronic transfer using their free online banking facility. The transfer of money usually takes 3 to 5 business days to complete. Mailing in a check and wire transfer though are still an option.

Withdrawal of your money market funds is also very convenient. You can transfer money to your exisiting account, write yourself a check, withdraw money via ATM, or you can also wire out funds. The last one will cost you $20 service charge. Like other MMAs, taking out of funds through checks and online transfers are limited to six per month. Any exceeding transaction will be subjected to a certain fee. ATM withdrawals are limited to $500 per day.

The bank also has a money market program called Rewards Money Market . This money market deal gives 1.10% APY for all balances. You can open this account for as low as $1. When you deposit $500 during your first month, you can get 2,500 miles of bonus.

Rewards of more miles can also be accumulated depending on your monthly account average. You practically earn a mile for every $20 in you account for the month which you can use for travel, shopping, and more.

These money market rewards can be redeemed by the account holder over the internet or phone. When you have enough miles, you do not have to wait to cash it in.

The rewards money market account does not impose any monthly fees nor require any monthly balance. The procedure to open an account and funding it is similar to how you do it with their High Yield Money Market.

CapitalOne Direct is insured with the FDIC. The interest rates that we have here are still posted on the website as of February 15. They can be changed any time.

The online division of Eastern Boston Savings Bank, EBSB Direct , is still offering an attractive money in the bank deal through their money market account that offers 1.67% APY for balances through $50,000. Unlike before though, there is no more guarantee period. The account requires at least $5,000 of new money to open and has a ceiling of $1 million.

According to the bank’s customer service, the money market deal is offered in all states. The bank said they do not do a credit pull when you open an account. The interest for this account is compounded and credited on a monthly basis.

The money market account comes with a Visa debit card but you will not have any check writing privileges. Like other MMAs you are limited to six withdrawals every month. You will be able to monitor your account through paper statements sent to you via mail once a month.

When you open an account, the initial funding information will be kept by the bank so you can still use that on your next transactions. The bank will also perform trial deposits to verify that you own the source account. According to the FAQ of the website, the allow unlimited number of links to your account. Inbound and outbound transfers are limited to $150,000 per transaction.

The East Boston Savings Bank received 4 stars for its soundness and safety from both bankrate.com and BauerFinancial. EBSB has a declared asset amounting to $1 billion and deposits of approximately $812 million.

The bank is a member of the FDIC with certificate number 33510. They also have DIF insurance for their deposits.

If you have questions about the products and services of EBSB Direct, you can call their toll free nuber 1800-657-3272.

The money market rates with South Florida Credit Union are on a down trend the past few months but the current interest rates remain to be very competitive. The money market is now earning 2.02% APY. This money market account requires an initial deposit of at least $2,500. This amount is also the minimum to avoid a monthly service fee of $6.

The money market deal is only available to their local market. The interest rate is a bit high compared to other big banks and is very competitive with the national average. The bank has a history of keeping their money market rates for quite a while so you do not have to worry much about sudden money market rate changes.

The bank’s website does not have a ton of information to offer to readers so it will be best to ask their customer service about fees which will affect your deposit. Money market accounts have limited number of withdrawals every month and all banks charge for transactions going over this limit.

The South Florida Federal Credit Union welcomes individuals from certain employee groups. They also accept applicants from some schools and churches. You can visit their membership page to check if you can be eligible to sign up. You can use the online application form to open an account.

The main office of this credit union is located in Miami, Florida. You can call them through 305.545.0744.

The reviews for the credit union are mixed. BauerFinancial stamped their soundness and safety report with 4 stars. Bankrate.com issued 2 stars for a low performance. These numbers were based on their March 2009 data.

South Florida Credit Union is covered by the NCUA through charter number 23041.

The money market rates with Georgia Primary Bank remain to be very competitive. The current interest rates for the different tiers are as follows:

$0 – $9,999.99                 1.45% APY
$10,000 - $24,999.99       1.45% APY
$25,000 - $49,999.99       1.65% APY
$50,000 - $99,999.99       1.95% APY
$100,000 and over           2.30% APY

The money market account does not charge any monthly service fee if you can maintain a minimum balance of $2,500. It will cost you $10 if you fall below this line.

This best money market rate offering is considered a local deal. Interested individuals may visit a branch to open an account. The bank is headquartered in Atlanta, Georgia.

If you are in doubt that the money market interest rates will not last with this bank, you can check out their other deposit products like their certificates of deposit and savings account which also offer good interest rates.

The website does not detail much about this money market account. Like other MMAs in the market, this too is limited to six withdrawals per cycle. If you go beyond the monthly limit, the bank charges $3 for every exceeding transaction. It will be best to ask the bank about fees which may be involved in case you go over the limit plus other charges which may affect the earnings of your deposit. You may contact them through 404-231-4100.

The interest rates that we have here are still posted as of February 14 but they can be changed any time without notice.

Georgia Primary Bank was established at the latter part of 2007 which may also explain the high yield money in the bank deals they are offering at the moment. New banks use the good interest rates to attract more depositors.

The bank seems to be doing well though with bankrate.com giving it a performance rating of 4 stars. BauerFinancial still tags this bank as a start-up.

Georgia Primary Bank is already indexed with the FDIC through certificate number 58523.

Ally Bank offers a good money in the bank deal through their money market account which has a current interest rate of 1.49% APY effective on all balances.

This money in the bank deal can be opened with $0. The promo page clearly states that the bank does not impose any minimum balance requirements and does not collect any monthly service fees. The variable interest rate will take into effect when the bank receives your initial deposit.

Interested consumers can complete an application for a money market account online. If everything goes smoothly upon account opening, the bank will just require you send one document. You will need to accomplish a signature card with a return envelope that the bank will send to you.

Aside from the competitive money market rate, the account comes with the convenience of a check card. The first 50 checks come free. Consumers also don’t have to worry about ATM fees, Ally Bank even guarantees that if another bank charges you ATM fees they will refund the first four transactions up to $6 every month.

The interest rate that we have here is still posted on the website as of January 6 but they can be changed any time. The earnings of this money market are compounded on a daily basis.

The website does not include a FAQ section and we can not see the options on how you can send the bank your deposit. We chatted with the online help and we were informed that you can mail in a check, do a wire transfer, or send money via ACH which is of course the easiest method.

Like other money market accounts, this one too is limited to six transactions per month as restricted by federal law. Any transaction in excess of this limit will cost you $10 each.

Ally Bank roots from the foundation of GMAC Financial Services. Both companies are indexed with the FDIC. Ally Bank has a 24×7 customer service line through 1-877-247-ALLY.

Ally Bank is registered under FDIC certificate number 57803.

Giantbank.com keeps on offering competitive money market rates despite the recent cut in interest rate. Their money market deal gives 1.46% APY for balances of at least $1000 which is also the minimum requirement to open the account.

Aside from taking advantage of the current interest rates, the money market account comes with free regular checks upon opening. You can keep track of your transactions by checking interim activities online plus the bank will send you a monthly paper statement. The interest of the account is compounded on a daily basis.

Withdrawals and transfers from your money market account is limited to six every month as guided by the federal law. Three of this can be through draft, check, or debit card. It will cost you a $10 fee for every transaction which will go beyond the monthly limit.

Basing on what we see on the website, this money in the bank deal seems to be offered in all states of the U.S. You can use the online application if you are interested to have this money market account. The bank may require you to send them a copy of your driver’s license or any valid identification.

The money market rate that we have here is accurate as of January 5, 2010 but they can be changed any time. You may visit the website to check for the latest numbers. Consumers may also call their customer service line through 877-446-4200.

Giantbank.com is a subsidiary of Landmark Bank which is headquartered in Fort Lauderdale, Florida. Giantbank.com and its mother company is indexed with the FDIC.